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Where to buy real estate in York region

Bungalows are making way for spacious, upgraded homes in the winning ‘hood


 
Suburban Residential Street, Richmond Hill Ontario.

(Getty Images)

York’s top 3 neighbourhoods

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1. North Richvale, Richmond Hill

Larger lots are attracting builders to this pocket of Richmond Hill. They are knocking down small bungalows and putting up something bigger, which is driving up prices, says Peter Drabik, of Re/Max Realtron Realty. Drabik believes North Richvale’s close proximity to other highly desirable areas, like South Richvale and Bayview Hill is helping to fuel the 100% jump in prices over the past five years. The local high school is a particular draw. Alexander Mackenzie High School is already highly regarded, but will likely become more so as it’s currently in the process of being authorized to offer the globally recognized International Baccalaureate Organization (IBO) diploma program.

2. Cornell, Markham

Looking for a newer, trendier home on a tighter budget? Home prices in Cornell are selling at a discount to many of the neighbourhoods around it. “It’s an up-and-coming community,” says Chung. While there’s not much in the way of amenities to attract buyers, Chung describes Cornell as a convenient area that’s more affordable than inner Markham.

3. Crosby, Richmond Hill

When Drabik is asked to describe Crosby he answers quickly: “That area is going nuts.” Over the past five years prices have soared almost 115%. It almost doesn’t make sense, he says. Many of the buyers here see the area as an investment opportunity, says Drabik. Investors are buying and renting out the property now with the intention of building something bigger later on, he says. The schools here are another big draw.

Realtor pick

Cachet, Markham

Not affordable, but highly desirable. That’s the essence of Cachet. Lots that are a half acre or more are common in this exclusive neighbourhood. In addition, the land has been contoured, creating very private living spaces, says Drabik. “It’s for upscale buyers who want value for their money and still live close to the city.” Learn more about Cachet.

Photo gallery: Top 25 neighbourhoods in Toronto »

Where they land on a map

Tap or click to see where to find the top five York neighbourhoods and this year’s Realtor pick.

Realtor pick

Best deals in GTA real estate


Top 25 York region neighbourhoods ranked

Click here to see the full ranking of all York region neighbourhoods.

  • York-25

    Rank Neighbourhood Area Average price Average price vs. area Average price vs. metro district Average price vs. greater city area Value 1-year price change 3-year price change 5-year price change Momentum Realtor grade
    1 North Richvale Richmond Hill $954,500 78.2% 96.9% 113.8%     31.2% 67.0% 94.9%     ★★★★½
    2 Cornell Markham $695,700 64.4% 70.6% 83.0%     21.2% 57.0% 75.9%     ★★★★½
    3 Crosby Richmond Hill $1,036,400 84.9% 105.2% 123.6%     37.5% 84.1% 113.7%     ★★★★
    4 Aurora Grove Aurora $708,700 80.8% 72.0% 84.5%     26.4% 66.9% 81.6%     ★★★★
    5 Rouge River Estates Markham $926,500 85.8% 94.1% 110.5%     28.5% 53.7% 80.3%     ★★★★½
    6 Langstaff Richmond Hill $971,100 79.5% 98.6% 115.8%     30.5% 63.0% 111.9%     ★★★★
    7 Village Green-South Unionville Markham $933,800 86.5% 94.8% 111.4%     24.3% 67.6% 86.8%     ★★★★½
    8 Bayview Northeast Aurora $826,500 94.3% 83.9% 98.6%     27.3% 72.8% 95.3%     ★★★★
    9 Observatory Richmond Hill $1,146,800 93.9% 116.4% 136.8%     34.4% 70.5% 84.1%     ★★★★★
    10 Bayview Wellington Aurora $679,200 77.5% 69.0% 81.0%     21.0% 57.2% 83.3%     ★★★★
    11 Bristol-London Newmarket $623,000 83.7% 63.3% 74.3%     30.5% 62.0% 75.1%     ★★★★
    12 Oak Ridges Lake Wilcox Richmond Hill $1,035,800 84.8% 105.2% 123.5%     30.4% 65.4% 89.4%     ★★★★
    13 German Mills Markham $1,021,200 94.6% 103.7% 121.8%     37.6% 73.0% 91.6%     ★★★★½
    14 Harding Richmond Hill $1,143,900 93.7% 116.1% 136.4%     47.3% 93.6% 111.9%     ★★★★
    15 Raymerville Markham $956,600 88.6% 97.1% 114.1%     27.4% 68.9% 84.7%     ★★★★
    16 Central Newmarket Newmarket $688,400 92.5% 69.9% 82.1%     29.7% 63.9% 82.1%     ★★★★
    17 Oak Ridges Richmond Hill $1,081,400 88.6% 109.8% 129.0%     30.6% 67.9% 92.7%     ★★★★
    18 Aurora Heights Aurora $837,400 95.5% 85.0% 99.9%     31.5% 65.5% 91.2%     ★★★★
    19 Stouffville Whitchurch-Stouffville $836,900 90.6% 85.0% 99.8%     22.2% 58.1% 77.8%     ★★★★½
    20 Bayview Fairway-Bayview Country Club Estates Markham $1,037,300 96.1% 105.3% 123.7%     41.9% 80.0% 95.7%     ★★★★
    21 Sherwood-Amberglen Markham $956,900 88.6% 97.2% 114.1%     24.5% 50.5% 82.2%     ★★★★½
    22 Old Markham Village Markham $1,074,800 99.6% 109.1% 128.2%     31.2% 75.4% 111.5%     ★★★★½
    23 Greensborough Markham $968,800 89.7% 98.4% 115.6%     25.8% 64.9% 93.3%     ★★★★
    24 Markham Village Markham $965,000 89.4% 98.0% 115.1%     29.3% 59.8% 72.6%     ★★★★½
    25 Devonsleigh Richmond Hill $1,097,600 89.9% 111.4% 130.9%     29.8% 67.0% 87.3%     ★★★★

 

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