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King East Estates – From the Mid $900’s

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Townhouse
Completion: TBA

Description

An Elegant community of Singles, Semis & Towns is coming in Richmond Hill, King East Estates by Plaza Corp. The landscape is decorated with drumlin hills, bundled forests and numerous kettle lakes and characterized by its rich history. Beautifully designed towns, semis and 40′, 50′ & 60′ singles are equal parts welcoming and the pinnacle of comfort.

Against the backdrop of the rolling hills of Oak Ridges Moraine, a beautiful new collection of townhomes is coming to Richmond Hill. Introducing King East Estates – a new community of single homes, semi-detached, and townhomes. 

With gorgeous views of lakes and forests, residents of King East Estates will be surrounded by nature. Relax in the many lush parks, go on a walk through the nearby woodlands, or play a round of golf at one of the nearby courses. There are so many reasons to be excited about King East Estates, for five more, keep reading below!

King East Estates

King East Estates Highlights:

  • Surrounded by natures, parks and many golf courses
  • Close to GO Station
  • Many public transit options, YRT and Viva

King East Estates consists of a total of 255 units across 4 phases.

Phase 1

Consists of 56 units comprised of 19 Single Detached, 8 Semi Detached, and 29 Townhouses. The area on which phase 1 is to be constructed, is already zoned and serviced.

Phase 2

Consists of 183 units comprised of 115 Single Detached, 25 Semi Detached, and 43 Townhouses. The expectations are for servicing approval to occur at the end of January 2020.

Phase 3

Consists of 4 units at a standalone property at 52 Puccini Rd. The property has an approved re-zoning application and is now waiting on an application to server the land into 4 separate lots.

Phase 4

Consists of 23 units comprised of 17 Single Detached, and 6 Townhouses. Phase 4 is already approved and is just waiting on a new subdivision agreement.

Why King East Estates?

Location

In the northern edge of Richmond Hill, at the corner of King Road and Toscanini Road, King East Estates is in an ideal suburban location. Filled with amenities, and well-suited for families, the area, referred to as Temperanceville is surrounded by schools, parks like Russell Tilt Park, Raccoon Park, more. About 20% of the land in Richmond Hill is moraine and greenbelt, with dozens of attractions, and community spaces throughout.

Just four minutes from King East Estates is the beautiful Oak Ridges Trail, a nature preserve and hiking trail enjoyed by many in the region. Picnicking and boating along the nearby Lake Wilcox makes for an unforgettable day with the family. 

Also nearby are a number of excellent golf courses. From Bathurst Glen Golf Course, to Summit Golf and Country Club, Eagles Nest Golf Club and Maple Downs Golf and Country Club, this area is a golfer’s paradise! 

Commuters don’t have to worry about a difficult trip into the city, thanks to countless commuter options, but it’s also far enough away from the downtown that it sometimes feels like small-town living. New developments are springing up in this area constantly, likely due to this ideal location.

Amenities abound in this charming region, with many shops and stores all along Yonge Street just a short drive away. 

Amenities

King East Estates will have 255 homes in total, with 144 of them being single detached, 32 semi-detached, and 79 townhomes. The first phase has already been zoned and expected completion is the spring of 2021.

The townhomes and semi-detached homes will be between 1,800 and 2,400 square feet, while the single detached homes will range between 1,900 and 3,100 square feet. The homes will sit on 40′, 50′, and 60′ lots. 

Homes developed by Plaza Corp often include wide, open-concept layouts and modern finishes. Buyers can expect to have some decisions in the finishing touches of the home and detailing. 

Possibly the most exciting amenity of this development is it’s connection to the outdoors. Grand windows will provide breathtaking views of meadows and the forest land surrounding the development. A peaceful, serene connection to nature will be a defining feature of this development. 

Transit Options

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.

Investment Opportunities

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. 

While condominium living has increased, the demand for other options has as well, and that’s where King East Estates comes in. This community of townhomes, semi-detached, and single homes will bring a suburban, backyard barbecue lifestyle for a number of new Richmond Hill residents. In a development surrounded by nature and amenities, this location is prime, and as Richmond Hill continues to grow, this development will have everything a growing family needs.

About the Developer

Pure Plaza, aka Plaza, has been building residential condominiums in Toronto since 1982. An experienced and trustworthy developer, Plaza has gained a reputation of building projects with extremely high value, offering finishing touches to projects that go far beyond the industry standard. 

Founded in 1981, Pure Plaza was among the first condo developers in the city to offer granite counters, marble bathrooms, halogen lighting, stainless steel appliances and more. Touches that are now expected in many homes, Plaza was a pioneer.

They continue to push the boundaries of finishing touches. By building better condominiums, and providing unparalleled craftsmanship, Plaza creates homes that have a lasting value. With a presence throughout the city, including Queen West, the Harbourfront, and even throughout the GTA like Richmond Hill, Plaza has become synonymous with GTA condo development. 

With over 5,000 suites under their belt, or in development now, Plaza is a prolific, diverse company that has made their mark on the Toronto condominiums scene. 

Property Features

  • DEVELOPER: Plaza Corp.
  • ARCHITECTS: TBA
  • UNITS: 255
  • ESTIMATED COMPLETION: TBA

King East Estates

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