High Point Urban TownsBy Laurier Homes
60 Arnold Crescent, Richmond Hill, ON, Canada
High Point Urban Towns is a new townhome community development in Richmond Hill. Developed by Laurier Homes, this 2.77-acre project will include 88 homes, most of which will be stacked townhomes up to 5 storeys high. The remaining homes will be semi-detached homes rising 4 storeys.
High Point Urban Towns Highlights:
- Located in the heart of downtown Richmond Hill
- Located just steps to Yonge Street
- 10 mins walking distance from Richmond Hill GO Station
- 5 mins drive from Hillcrest Mall
- Close to several public transportation options
- amazing shopping, delicious restaurants, and many entertainment options nearby
- Close to schools
- Nearby parks include Town Park, Mount Pleasant Park, Richmond Hill and Pioneer Park
Top 5 Reasons to Invest in High Point Urban Towns
Just steps form the intersection of Major Mackenzie Drive East and Yonge Street, High Point Urban Towns will be in a central location of Richmond Hill. Local points of interest include Central Library, Richmond Hill Centre for the Performing Arts, Richmond Hill Heritage Centre, Thornhill Golfclub, Richmond Green Sports Centre, as well as Mackenzie Health Hospital.
Active families looking for adventure and outdoor activities will be right at home in Richmond Hill. The region has over 200 parks, and greenspaces, some of which are minutes away, like Town Park, essentially across the street, as well as Mt. Pleasant Park and Mill Pond Park. – families can enjoy dog parks, bbq grills, even a fun aquatic playground. About 20% of it’s land is moraine and greenbelt, with dozens of attractions, and community spaces throughout.
Further, residents will have access to countless nearby amenities, stores, restaurants, and services. Pleasantville Public School, Walter Scott Public School, St. Anne Catholic Elementary School are all within a 5 minute drive, providing families with many opportunities for education. Meanwhile, stores like Winners, T&T Supermarket, Leon’s Furniture, Loblaws and many other resources are just a short trip in the car away, making errands simple.
Townhouses in High Point Urban Towns will rise between 4 and 5 storeys high and living spaces will range between 950 square feet to 1,250 square feet – meaning that whether you’re a young professional or a family with young children, these homes will fit your needs.
Conveniently located at 60 Arnold Crescent, near Major Mackenzie Drive and Yonge Street, this development will be a bold new community in the heart of Richmond Hill. The project is focusing on family-friendly suburban functionality and convenience, and will likely set a new standard for townhome development in the northern GTA.
Richmond Hill is in many ways a crossroads for the GTA. To it’s east, the Highway 404, leads directly into the core of Toronto via the Don Valley Parkway, and makes commutes simple. Travelling throughout the boroughs and neighbourhoods of the city is easy too – Highway 401, one of the busiest highways in North America, travels east-west and just south of Richmond Hill, connecting the York Region to Scarborough, Etobicoke, Mississauga, and the rest of Southern Ontario.
As Richmond Hill grows, and traffic becomes more dense, residents of Richmond Hill have many other options for their commutes. York Region Transit (YRT) runs an unparalleled bus service throughout the entire northern region of the GTA, providing simple connections to Vaughan, Aurora, Markham, Newmarket, and Whitchurch-Stouffville, with simple connections to the TTC line. Though the TTC itself does not operate within Richmond Hill, plans are being prepared to extend the primary subway lines to the intersection of Yonge and Highway 7, at the area’s southern border.
Commuters can also rely on GO Transit. The primary commuter rail has two stations within the city – Richmond Hill Station and Langstaff Station, both providing regular trains in and out of the city.
Laurier Homes has been building homes in Southern Ontario for over four decades. With strong corporate principles and a focus on researching the needs of customers, Laurier has managed to build a reputation for solid, functional homes.
This reputation is in large part thanks to it’s quality assurance program. Since Laurier treats every home it builds as if they themselves were moving in, the attention to detail and the pledge of quality is above the competition. Every single home is built to exacting standards and it shows in the work – satisfied homeowners!
Buyers can get hands-on too, thanks to Laurier’s Home Decor Centre. Here, buyers can have a hand in the design of the home before it’s even built – change tiles or flooring, alter window designs, or enhance finishings throughout bathrooms, kitchens and elsewhere in the house. And all along the way, Laurier ensures their customers are properly informed about their options, so they can make the decision that’s right for them.
In addition to their stellar reputation with customers, Laurier Homes is known for giving back. Recently they were part of landmark project to provide affordable homes for homeless people in the GTA.
With all this, plus a commitment to energy-efficiency and affordability in their developments, and it’s easy to see why Laurier Homes is one of Southern Ontario’s most well-respected developers.
Just a few years ago, Richmond Hill was known as Toronto’s fastest growing housing market. Dramatic growth has occurred over the past 30 years, with the city’s population has gone from 57,000 to 231,000.
While demand has never diminished, development in the city has focused on more dense homes like condos and apartments. Dozens of new condominium projects have sprouted along Yonge Street, reclaiming tired plazas and unused land, and bringing life and excitement to the core of the city. Many of these developments are up to 15 storeys, but some reach nearly 40.
Average rental rates are around $2K, and the demand for condos is high – as vacancy rate sits very low, around 0.8%. The average price of a pre-construction condo sits in the mid $300K range, but prices continue to grow year-to-year. This is excellent news for families looking to invest in a new home or condo, as property values are only expected to increase in the next few years.
High Point Urban Towns Property Details
4 Architecture Inc
Building Type: Towns and Singles
Ownership: Condominium and Freehold
Building Status: Pre-construction
Selling Status: Selling
Suite Type: 2 - 3 Bedroom(s)
Suite Size: 876 - 1,512 Sq Ft
Ceiling Height: Up to 8 '0"
Launch: Fall/Winter 2020
Estimated Completion: 2022
Pricing & FeesPrice: From $659,900 to over $878,900
Cost of Parking: Included in the purchase price
Deposit Structure: $5,000 with Offer
Balance to 5% in 30 days
5% in 90 days
4% in 180 days
4% in 240 days
2% on Occupancy
Live Free Incentive (Taxes & Common Element fee free for 1 Year)
$1,000 Assignment (Regular price $5,000)
1 Parking Stall Included ($35,000+ HST Value)
Easy Deposit Plan
- $5,000 with Offer
- Balance to 5% in 30 days
- 2% in 60 days
- 2% in 120 days
- 2% in 180 days
- 2% in 240 days
- 2% in 360 days
- 5% on Occupancy
Capped Development Charges
- 2 Bedrooms capped at $10,000
- 3 Bedrooms capped at $12,000
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