List of New Condos in Harding Neighbourhood

Investing in Harding Real Estate

Harding is an eclectic neighbourhood located in Richmond Hill. The area has a healthy number of green spaces like Palmer Park and Harding Park where few pelicans and ducks roam about freely. Nearby facilities like the Mackenzie Health Hospital ensures satisfactory healthcare while the Richmond Hill Heritage Centre is a cute and popular tourist attraction hosting all kinds of local events.

Why Buy Pre-Construction Condos In Harding?

Buying new condos in Harding has many advantages with the main being the opportunity to purchase at a lower price point as compared to the completed ones which can lead to capital appreciation in the future. It cannot be stressed enough how the ability to customize the units to your personal preferences is a godsend, making an investment in this expansive neighbourhood a wise decision.

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Entertainment & Recreation In Harding

Harding has an abundance of entertainment and recreational options due to its favourable location near famous attractions like Richmond Hill David Dunlap Observatory, famous for its 1.88m reflector telescope, which is the largest in Canada. Freeing Canada Station – Toronto is another famous amusement center near the area which is challenging yet loved by the kids. Foodies can head over to Yonge St to taste the various cuisines of local restaurants like Yummy Korea which serves sensational Korean cuisine while the Oyaji Sushi (à la carte) Japanese Restaurant serves umami flavored Japanese cuisine.

Average Price For Condos In Harding

In the second quarter of 2023, the average price per square foot for new condos in the 905 region of the Greater Toronto Area (GTA) was $1,172, compared to the average of $1,673 per square foot in the former City of Toronto, which is comparatively low for Richmond Hill where pre construction condos are sold at an average price of $792 per square foot in 2023. The benchmark price of a resale condo by the end of 2023 was $573,100 in Richmond Hill, which is comparatively less than last year by 0.88%. Prices have consistently been on a trend and continue to rise each year. There has been increased demand for properties due to significant immigration rates, decreased affordability for homeownership and a strong job market. Rental rates for Richmond Hill condos have continued to rise. Reached a monthly rate of approximately $2,350 during the second quarter of 2023. This represents a growth rate of 12% when compared to figures from last year. The demand for purpose-built apartments has outpaced supply resulting in a decrease in vacancy rates, in Richmond Hill which currently stands at 0.6%.