Condos for Rent in South Richvale, Richmond Hill, ON

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Neighbourhood in Richmond Hill

South Richvale

suburban family-friendly quiet

South Richvale is a residential neighbourhood in Richmond Hill. It is known for its spacious homes and good schools.

High median income of $119,163 Strong school ratings with an average of 6.8 Diverse population with 55.8% immigrants Family-friendly with many parks and playgrounds Low renter percentage at 15.4%

At a glance

Photo of Unit 307, 8888 Yonge Street
For Rent
Listed for:

Listed 7 days ago

$2,500

Unit 307, 8888 Yonge Street

Richmond Hill (South Richvale), ON L4C 5V6

2Bedrooms
2Bathrooms
1Parking
600-699Sq Ft

Condo ApartmentFor Rent

Photo of Unit 307E, 8868 Yonge Street
For Rent
Listed for:

Listed 12 days ago

$2,300

Unit 307E, 8868 Yonge Street

Richmond Hill (South Richvale), ON L4C 0T4

1 + 1Bedrooms
1Bathroom
1Parking
500-599Sq Ft

Condo ApartmentFor Rent

Photo of Unit 209, 8888 Yonge Street
For Rent
Listed for:

Listed 13 days ago

$2,150

Unit 209, 8888 Yonge Street

Richmond Hill (South Richvale), ON L4C 6Z1

1Bedroom
1Bathroom
0Parking
500-599Sq Ft

Condo ApartmentFor Rent

Photo of Unit 626, 8888 Yonge Street
For Rent
Listed for:

Listed 14 days ago

$2,900

Unit 626, 8888 Yonge Street

Richmond Hill (South Richvale), ON L4C 5V6

2Bedrooms
2Bathrooms
1Parking
900-999Sq Ft

Condo ApartmentFor Rent

Photo of Unit 207W, 3 Rosewater Street
For Rent
Listed for:

Listed 20 days ago

$2,600

Unit 207W, 3 Rosewater Street

Richmond Hill (South Richvale), ON L4C 5T6

2Bedrooms
2Bathrooms
1Parking
600-699Sq Ft

Condo ApartmentFor Rent

Photo of Unit 702W, 3 Rosewater Street
For RentCorner UnitPrivate Terrace
Listed for:

Listed Sep 23, 2026

$2,700

Unit 702W, 3 Rosewater Street

Richmond Hill (South Richvale), ON L4C 5T6

2Bedrooms
2Bathrooms
1Parking
700-799Sq Ft

Condo ApartmentFor Rent

Day to dayLivability

7.7

Schools near listings

out of 10 · averaged over 1,397 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$2,289,000

82% above Richmond Hill 222% above Ontario

In South Richvale

$2,289,000

In Richmond Hill

$1,257,000

In Ontario

$709,900

Median monthly rent

$2,638/mo

6% above Richmond Hill 6% above Ontario

In South Richvale

$2,638

In Richmond Hill

$2,500

In Ontario

$2,500

≈ 72.3 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

102

Median $2,289,000

Houses 73 · Condos 29

For rent

33

Median $2,638

Houses 20 · Condos 13

Recently sold

Sign in to see sold data

Recently leased

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Market data as of 2026-10-25. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

  • Good schools for families
  • High ownership rate at 84.4%
  • Quiet, suburban atmosphere
  • Close-knit community feel

Keep in mind

  • High median home prices at $2,289,000
  • Limited public transit options
  • Fewer grocery stores available

The feel of the placeLifestyle

Residents enjoy a suburban lifestyle with access to parks and schools. Daily life is peaceful and family-oriented.

Great for families first-time buyers professionals

Within the boundaryWhat's nearby

The boundary

4.4 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

8

Parks

7

Playgrounds

8

Restaurants

1

Cafés

1

Libraries

2

Pharmacies

Counted across all 4.4 km² of South Richvale. From OpenStreetMap, as of 2026-10-26.

The schoolsWhich schools, and how they rate

6.8/10

Average rating of the 2 rated schools in this area

1

Elementary

3

Secondary

  • Charles Howitt Public School

    Public · Grades JK–8 · York Region DSB

    8.3/107.5 over 5 yrs

    231st of 3,045 Ontario elementary schools

    550 students · EQAO 2024-2025

  • Langstaff Secondary School

    Public · Grades 9–12 · York Region DSB

    5.2/106.3 over 5 yrs

    532nd of 742 Ontario secondary schools

    635 students · EQAO 2024-2025

  • Langstaff Secondary Summer School

    Public · Grades 9–12 · York Region DSB

    Not rated

  • Langstaff Summer School

    Public · Grades 9–12 · York Region DSB

    Not rated

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside South Richvale, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

7,209

Population (2021)

4.4 km²

Area

1,632

People per km²

46.1

Median age

$119,163

Median income

84%

Own their home

2.9

People per household

2,500

Households

Every age

  • Children (under 15)12.9%
  • Working age (15–64)65.8%
  • Seniors (65+)21.4%

What is built here

  • Detached houses81%
  • Townhouses3%
  • Duplexes5.6%
  • Low-rise apartments0.6%
  • High-rise apartments9.8%

Own or rent

84%Owners

15%Renters

Across 2,500 households

When it was built

Mostly 1981–1990

  • 1960 or earlier5%
  • 1961–198015%
  • 1981–199030%
  • 1991–200013%
  • 2001–20056%
  • 2006–20106%
  • 2011–201511%
  • 2016–202112%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

55.8%
Born outside Canada
46.3%
Hold a degree or higher
52.9%
Employment rate
6.8%
Commute by transit
89.1%
Commute by car
1.7
Children per family
$102,039
Median income after tax
$194,637
Average household income
11.8%
Living on a low income
$2,443/mo
Renters pay, per month
$2,146/mo
Owners pay, per month
$1,972,128
Median home value at census
37.2%
Renters spending 30%+ of income on housing
37.9%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 12 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry

HOMEH Market Pulse Condo apartments only Through September 2026 Deep sales history

What condos in South Richvale actually rent for

145 condos were leased in South Richvale over the 12 months to September 2026. Half leased above $2,469 and half below, 4.2% lower than the 12 months before. A typical condo found its tenant in 24 days — 5 days slower than a year ago.

Median rent
$2,469
-4.2% year over year
Days to lease
24
5 days slower
Leases closed
145
last 12 months
Rent per square foot
$3.64/mo
from 131 sized leases

Three years of rents

The line is the median. The band is the middle half of every lease — how wide it runs tells you how much one condo here differs from the next.

$3,427$2,934$2,441$1,948
Mar ’24Feb ’25Dec ’25Sep ’26
Median rent Middle half of leases

What renters actually paid

$2,992/mo

on a $3,000 asking rent — under ask by $8

−10%Asking rent+10%
Of the asking rent
99.7%
Leased over asking
8.3%

From 145 leases that closed here in the last 12 months.

How fast it moves

Median days on market, month by month. Taller means slower.

Sep 2024Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — South Richvale, rentals
Monthly closed leases in South Richvale
MonthClosedMedianMiddle halfDays% of ask
Sep 202613$2,450$2,400 – $2,50029100.0%
Aug 202610$2,400$2,113 – $2,87513100.0%
Jul 202612$2,568$2,238 – $2,80029100.0%
Jun 202614$2,500$2,325 – $2,82517100.0%
May 202617$2,480$2,300 – $2,60018100.0%
Apr 202613$2,350$2,250 – $2,60022100.0%
Mar 202613$2,600$2,200 – $2,9004298.2%
Feb 202610$2,350$2,263 – $2,52541100.0%
Jan 20269$2,350$2,150 – $2,9002098.4%
Dec 202511$2,250$2,100 – $2,75032100.0%
Nov 202511$2,500$2,350 – $2,95014100.0%
Oct 202512$2,750$2,400 – $2,91317100.0%
Sep 202513$2,800$2,400 – $3,2501998.0%
Aug 202514$2,675$2,425 – $2,85021100.0%
Jul 202516$2,450$2,238 – $2,81318100.0%
Jun 202515$2,700$2,450 – $2,84023100.0%
May 202514$2,575$2,506 – $2,67520100.0%
Apr 202519$2,600$2,425 – $2,80019100.0%
Mar 202530$2,550$2,450 – $2,63821100.0%
Feb 202517$2,400$2,050 – $2,60020100.0%
Jan 20258$2,550$2,338 – $2,61315100.0%
Nov 20247$2,700$2,638 – $2,72522100.0%
Oct 20247$2,400$2,300 – $2,80011100.0%
Sep 202411$2,650$2,600 – $2,67530100.0%
Aug 202420$2,925$2,588 – $3,32538100.0%
Jul 20248$2,800$2,515 – $3,12513100.0%
May 20247$2,750$2,563 – $2,90023100.0%
Apr 20245$2,800$2,800 – $2,80053100.0%
Mar 20247$3,000$2,675 – $3,12529100.0%

What people ask about South Richvale

How much is rent for a condo in South Richvale?

The median condo lease in South Richvale closed at $2,469 a month over the 12 months to September 2026, across 145 leases.

Compiled by HOMEH from leases reported closed in South Richvale on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one condo. Not an appraisal or an opinion of value.