List of New Condos in Rouge Woods Neighbourhood

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Investing in Rogue Woods Real Estate

The real estate of Rogue Woods stands as an appealing opportunity since the area is located near significant landmarks such as Rogue Woods Park and Oak Ridges Corridor Conservation Reserve, providing residents with a mix of natural beauty and recreational opportunities. The presence of esteemed educational institutions like Richmond Hill Montessori Private School enhances the neighborhood’s attractiveness, particularly for families seeking top-notch education for their children. As the area continues to develop, investing in Rogue Woods real estate offers a promising opportunity for both long-term growth and a high quality of life for its residents.

Why Buy Pre-Construction Condos In Rouge Woods?

Buying new condos in Rouge Woods can be a great way to save money and get a new condo at a great price. There are a number of reasons why you might want to buy pre-construction, including the fact that they are often priced lower than resale condos, you have more choice when it comes to floor plans and finishes, and new developments often come with a variety of amenities that are not available in older buildings. The Village at Rouge Woods and The Residences at Rouge Woods are two great examples of pre-construction condos in Rouge Woods. Both of these developments offer a variety of amenities and are located in a great location.

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Entertainment & Recreation In Rouge Woods

Rouge Woods presents an array of entertainment and recreational possibilities for its residents. The neighborhood boasts an abundance of green spaces, parks, and recreational facilities that create a welcoming environment for outdoor activities. Rouge Woods Park is a favored spot with its picturesque trails for walking, jogging, and cycling, along with inviting picnic areas for outdoor gatherings. The neighborhood’s community center serves as a vibrant hub, offering a gymnasium, indoor swimming pool, and fitness studio for residents to engage in various sports programs and activities. Golf enthusiasts can take advantage of the nearby Richmond Hill Golf Club and Bayview Golf & Country Club. Rouge Woods also provides convenient access to notable shopping centers like Hillcrest Mall and Richmond Hill Centre, ensuring residents can easily explore a diverse range of retail stores, boutiques, restaurants, and entertainment options. Moreover, cultural experiences thrive in the area with the Richmond Hill Centre for the Performing Arts, hosting captivating live performances, including concerts, plays, and dance shows. Rouge Woods presents an inviting and fulfilling lifestyle with its flourishing parks, community center, proximity to shopping centers, and access to cultural venues.

Average Price For Condos In Rouge Woods

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%.