Thoughts for 2013

Although the market is not as active as it has been in the past, real estate prices in the greater Toronto area have not declined and in fact are showing a moderate increase.  : There is now more inventory available as the spring market sees a pick up in activity and as long as mortgage rates remain low, the market will continue to fulfill the pent-up needs of many individuals seeking to get into the real estate market.

There is never a perfect time to buy but if you never buy, you are missing out on the largest and possibly the most lucrative investment of a lifetime.  Property ownership provides a fundamental for building a family’s future.  Do not be left out of the dream.

Oak Ridges

Oak Ridges is a community in Ontario that has been part of Richmond Hill’s administrative area since 1971. Though physically separate from Richmond Hill, Oak Ridges forms the northern part of the municipality’s boundary. Oak Ridges is located about 44 km north of Toronto and has a population of about 24,900 people. Population has significantly grown as a result of new developments along Bayview Avenue. The Oak Ridges Community Center was built and completed in June 2012.

Oak Ridges currently has one private and nine public elementary schools. Bond Lake Public School, Father Frederick McGinn, Our Lady of Hope Catholic School, Our Lady of the Annunciation Catholic Elementary School, Oak Ridges Public School, Lake Wilcox Public School, Windham Ridge Public School, Kettle Lakes Public School and Académie de la Moraine. These schools are under the York Region District School Board or the York Catholic District School Board. There are no high schools in Oak Ridges.

The main transportation artery through the town is Yonge Street, running north to Aurora and south to Richmond Hill. To the east is Highway 404, which is accessed through Stouffville Road in the south and Bloomington Road in the north. To the west is Highway 400, accessed through King Road in King City.

Oak Ridges has two post offices. The main one is at the corner of Yonge St. and King Rd., and there is a smaller one at the corner of Yonge St. and Aubrey Ave.

The Oak Ridges community is home to the Oak Ridges Soccer Club. The Oak Ridges Soccer Club has over 1,500 members, which makes it the community’s largest service organization. The ORSC has youth soccer programs for ages 4 to 18 in both house league and competitive levels. The soccer club office is located at 39 King Road, the previous site of the Oak Ridges Public Library and the old Oak Ridges Fire Hall.

Mill Pond

Mill Pond is a park area that is located north of Major Mackenzie Drive, and east of Yonge St. in Richmond Hill. It is surrounded by heritage estate homes and a community of beautiful older homes that are undergoing revitalization. The park is a spot that is very dear to many Richmond Hill residents. There are many walking trails and the park is home to a variety of wildlife species, including swans, ducks, geese, raccoons, and beavers. Every year, Mill Pond is proud to host the Richmond Hill Winter and Summer Carnivals.

Even though Mill Pond is only one part of Central Richmond Hill, its name is at many times used to describe an area of desired homes, including those of Heritage Estates, and a neighbourhood which is an amazing place to live. The community is set in a nature like setting, well-maintained and highly sought after by home buyers. In recent years, it has improved roads with curbs and many amenities which were not available before and is considered as one of the higher end areas of Richmond Hill real estate.

Thornhill

Thornhill is a community in the Greater Toronto Area of Southern Ontario, located on the northern border of the city of Toronto. Thornhill was once a municipal village, and is now a community split into two municipalities along Yonge Street, the city of Vaughan to the west and the city of Markham to the east. According to the 2001 Census, the population of Thornhill-Markham was 47,333 and the population of Thornhill-Vaughan was 56,361.

Thornhill’s growth since the 1960s and 1970s has been largely connected to its location bordering the city of Toronto. Beginning in the 1980s, large housing developments include such projects as the Tannenbaum family’s Spring Farm area near Bathurst and Clark as well as many growing synagogues including Beth Avraham Yoseph of Toronto, a large synagogue named after benefactor Joseph Tannenbaum. Growth has continued over the past 3 decades. For instance, an uptown village referred to as Thornhill Town Centre was developed at the north west corner of Bathurst and Centre Street, forming a line of development north from the Promenade Shopping Centre (near Bathurst and Clark), whose large parking lot is itself surrounded by an increasing number of condominium buildings and stand-alone retail plazas.

Thornhill has a very diverse ethnic population. It is home to many visible minorities, and is particularly known for its large Jewish community: 36.6% of the population of Thornhill is Jewish, the highest in Canada. It is home to numerous Jewish synagogues and schools, including Ashkenazi and Sephardic Orthodox Jewish synagogues such as the Thornhill Community Shul, Westmount Shul and Learning Centre, the Beth Avraham Yoseph of Toronto, Sephardic Kehilla Centre, and Chabad centres such as the Jewish Russian Community Centre, as well as Conservative synagogues such as Beit Rayim and Reform Jewish institutions such as Temple Har Zion, Temple Kol Ami, and the Leo Baeck Day School, a major Reform Jewish primary school.

According to 2001 Census data, the district of Thornhill is home to Chinese, the largest visible minority, accounting for almost 11% of total residents, followed by South Asian, Black, Korean, Filipino, and West Asian.