King Road Estates
Richmond Hill Low-Rise Development
Toscanini Road and King Road, Richmond Hill, Ontario
Total Units: 255
Status: Fund Raised
Equity Raised: $19,000,000
Estimated Completion Value: $330M
Building Size: 684,500 Sq. Ft.
In June of 2020, Cranson Capital raised $19 million for the Plazacorp King Road Fund, a development project in Richmond Hill, Ontario. The development will consist of four phases of construction to build 255 units of single detached, semi-detached, and townhomes.
Located only 20 kilometers north of Toronto between the growing communities of Markham and Vaughan, Richmond Hill is a thriving economic hotspot with one of Canada’s most educated workforces and leading tech industry.
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.
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Located at the northern edge of Richmond Hill, at King Road and Toscanini Road, King East Estates offers a family-friendly suburban setting in the Temperanceville neighbourhood. Surrounded by parks like Russell Tilt and Raccoon Park, as well as schools and community amenities, the area blends nature and convenience. Just four minutes away is the Oak Ridges Trail, a popular spot for hiking, along with nearby Lake Wilcox for picnicking and boating. Golf enthusiasts will appreciate access to top courses including Eagles Nest, Summit Golf Club, and Bathurst Glen. With new developments steadily rising and Yonge Street’s shopping corridor nearby, this location offers the perfect balance of peaceful living and urban accessibility—close to commuter routes yet far enough to enjoy a small-town feel.
