Published 2 November 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
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My top five condos to rent in Richmond Hill for 2027 are The Beverly Hills, SkyCity I, Era 2, 9608 Yonge and Royal Gardens. A Richmond Hill one-bedroom condo leased for an average of $2,310 a month in Q2 2026 and a two-bedroom for $2,910 (TRREB), the highest of the three big York Region cities.
This guide is for renters looking at a condo in Richmond Hill in 2027, whether you work along Highway 7, study nearby or want to stay close to family on Yonge Street. You get my five picks, what Richmond Hill condos actually lease for, how the planned subway fits in, and how to tell whether your rent will be capped.
How did I pick the best Richmond Hill condos for renters?
I only looked at finished buildings that people live in today, and I compared them on what matters once you move in:
- Location. Three picks are in the area a building-data website calls Langstaff. The other two are in Harding, on Yonge Street, and Doncrest, on Highway 7 East.
- What the fee covers. Some buildings put heat, air conditioning and water in the owner’s fee, which many landlords pass on to tenants.
- Building age. It decides whether Ontario’s rent cap protects you.
- Size and choice. A 915-suite complex and a 209-suite mid-rise feel very different, and the big one usually has more suites for rent.
Building facts come from building-data website pages, checked on 10 November 2026. I do not quote rents for single suites. The order is my judgement, not an official ranking. If you are buying instead, my top 5 condos to buy in Richmond Hill covers different buildings.
How much is a condo to rent in Richmond Hill in 2027?
TRREB’s report for April to June 2026 is the latest official lease data. Its third-quarter report was not posted when I checked on 10 November 2026.
| Condo apartment, Q2 2026 | Richmond Hill | Markham | Vaughan | York Region |
|---|---|---|---|---|
| One-bedroom (average lease) | $2,310 | $2,214 | $2,130 | $2,190 |
| Two-bedroom (average lease) | $2,910 | $2,840 | $2,666 | $2,772 |
| Units listed for rent | 429 | 973 | 1,389 | 2,871 |
| Units leased | 320 | 742 | 1,008 | 2,129 |
Source: TRREB Rental Market Report, Q2 2026 (average lease rates for condominium apartments, by municipality).
Richmond Hill had the highest one- and two-bedroom condo rents of the three large York Region cities, and its one-bedroom average was a little above the $2,273 average across all TRREB areas. It is also a smaller market: 320 leases in the quarter, against 1,008 in Vaughan. If you are torn between the two, see my Richmond Hill vs Vaughan comparison. Across the GTA, TRREB said one-bedroom rents were down 2.3% from a year earlier.
One more data point: liv.rent’s October 2026 report found Vaughan and Richmond Hill combined had the second-lowest asking rent per square foot of the Ontario areas it tracks, at $1.98. In plain terms, renters in that combined area tend to get more space for the money than in Markham ($3.14) or downtown Toronto ($3.76). My guide to average rent in Richmond Hill for 2027 covers houses, townhouses and basements too.
1. The Beverly Hills, 9191 to 9205 Yonge Street
What it is like
The Beverly Hills is a large complex on Yonge Street. A building-data website lists it at 24 storeys and 915 suites, registered in February 2019.
Who it suits
Renters who want the most choice in one place. Suites run from about 417 to 1,254 sq ft, and a building-data website showed 12 for rent at 9201 Yonge when I checked, more than any other building on this list.
What it costs
Expect pricing around Richmond Hill’s one-bedroom average of $2,310, with smaller suites below it. With several owners listing similar layouts, compare asking rents inside the building before you offer.
What to check
A building-data website does not list the amenities or what the fee covers, so ask the landlord for both. Finished in 2019, the building is outside the rent cap, so ask about year-two rent.
2. SkyCity I, 55 Oneida Crescent
What it is like
SkyCity I is a 20-storey tower in Langstaff with 210 suites, registered in June 2016, according to a building-data website. Amenities listed include a concierge, indoor pool, guest suites, rooftop deck, outdoor patio, rec room and party room.
Who it suits
Renters who want predictable bills and a pool in a mid-sized tower. Suites run from about 639 to 1,155 sq ft, so even the smallest are a decent size.
What it costs
A building-data website lists heat, air conditioning, water and parking in the fee. If your landlord includes those in the rent, your monthly cost may be close to all-in apart from hydro and internet.
What to check
Because it was registered in 2016, many suites were first lived in before 15 November 2018 and fall under the rent cap. Ask the landlord to confirm the first occupancy date in writing.
Condo Valuation
What’s your condo
worth today?
Three quick steps. Condos don’t price like houses — your floor, your view, and whether you own parking move the number more than anything else. This weighs all of them.
Reading recent condo sales…
Estimated market value
—
$0–$0
Most likely $0 · about $0 per square foot
What moved the number
Starting from what comparable units in your area sell for, here’s what your specifics added or subtracted.
Market context
—
—
Two units, same floor plan,
$90,000 apart.
That happens constantly in condos — one has the parking, the right exposure, or a board that keeps the reserve fund healthy. A model can’t see your status certificate. I can.
3. Era 2, 95 and 105 Oneida Crescent
What it is like
Era 2 is a Pemberton building in Langstaff, completed in 2024. A building-data website lists it at 30 storeys with 575 suites.
Who it suits
Renters who want a new suite near the other Oneida Crescent towers, with modern finishes and appliances.
What it costs
New suites tend to ask toward the top of Richmond Hill’s range. With more listings than leases across the city in Q2 2026, you can still ask for a lower rent or a parking spot included.
What to check
Era 2 is too new for the rent cap. Ask what year-two rent will be, whether the suite has its own hydro meter, and how it is heated, so you can estimate your winter bills.
4. 9608 Yonge Street, 9600 and 9608 Yonge Street
What it is like
This 15-storey building in the Harding area has 331 suites and was registered in October 2016, according to a building-data website. Listed amenities include a rooftop deck, concierge, indoor pool, guest suites, rec room, party room and meeting room.
Who it suits
Renters who want a full amenity list and room to spread out. Suites run from about 534 to 1,491 sq ft, so larger two-bedrooms come up here.
What it costs
For a two-bedroom, start from Richmond Hill’s average of $2,910. A building-data website lists heat and parking in the fee, but not water.
What to check
Like SkyCity I, this 2016 building may be under the rent cap. Confirm the first occupancy date, and ask whether water and hydro are billed to you.
5. Royal Gardens, 370 Highway 7 East
What it is like
Royal Gardens is a 10-storey Liberty Development building in the Doncrest area, completed in 2014 with 209 suites, according to a building-data website.
Who it suits
Renters who prefer a smaller mid-rise on Highway 7 over a big Yonge Street tower. Suites run from about 510 to 1,550 sq ft.
What it costs
In my experience, older mid-rises often rent a little below new towers for the same space. Use the city averages as your guide and compare what is included.
What to check
Built in 2014, this is the oldest of my picks, so most suites should be under the rent cap. A building-data website does not list the fee inclusions, so ask which utilities you pay.
How do these five Richmond Hill condos compare?
| Building | Area | Registered or built | Storeys | Suites | Heat in fee |
|---|---|---|---|---|---|
| The Beverly Hills | Langstaff | 2019 | 24 | 915 | Not listed |
| SkyCity I | Langstaff | 2016 | 20 | 210 | Yes |
| Era 2 | Langstaff | 2024 | 30 | 575 | Not listed |
| 9608 Yonge | Harding | 2016 | 15 | 331 | Yes |
| Royal Gardens | Doncrest | 2014 | 10 | 209 | Not listed |
Source: building-data website pages, checked 10 November 2026. “Not listed” means the page did not show heat in the fee; ask the landlord.
For a capped rent and predictable bills, start with SkyCity I or 9608 Yonge. For the most choice, start with The Beverly Hills. For the newest suite, look at Era 2. To get a feel for each part of the city, see my best neighbourhoods to live in Richmond Hill.
Will the Yonge subway extension change rents in Richmond Hill?
Not in 2027. Metrolinx describes the Yonge North Subway Extension as about 8 km of new Line 1 track north from Finch Station, with five stations serving Vaughan, Markham and Richmond Hill. It says the line will go into service after the Ontario Line is complete, and the Ontario Line has no confirmed opening date beyond the early 2030s.
For a renter, that means you should choose a building for today’s commute, not a future station. In my view, landlords near Yonge and Highway 7 may point to the subway when pricing, but it should not add anything to a 2027 lease.
Is a Richmond Hill condo rent-controlled in 2027?
Some are. Ontario’s rent increase guideline for 2027 is 1.9%, and it covers units first occupied for residential purposes on or before 15 November 2018. Units first occupied after that date are exempt. On Richmond Hill’s $2,310 average one-bedroom, 1.9% is about $44 a month.
In every unit, the landlord must wait 12 months between increases and give at least 90 days’ written notice on the proper Landlord and Tenant Board form. My guide to the 2027 rent increase guideline explains how to check your unit.
Do not assume a building’s year tells you the rule for your suite. A suite in a 2016 tower is probably capped, but you need the landlord’s answer on the first occupancy date. In a 2019 or 2024 building, there is no cap at all, so get any promise about year-two rent written into the lease.
Richmond Hill condos cost a little more to rent than Vaughan or Markham, so value comes from what is included. A 2016 building with heat and parking in the fee and a capped rent can beat a newer suite on total cost within two years. If you are also thinking about buying, Richmond Hill’s median condo apartment sold for $529,250 from January to October 2026, down 8.8% (TRREB MLS data via REALM).
What to do next
- Pick your must-haves: capped rent, heat included, a pool, or the newest suite.
- Shortlist two buildings from this list and set alerts for both.
- For each suite, write down what the rent includes: heat, hydro, water, parking and locker.
- Ask every landlord for the first occupancy date and their year-two rent plan.
- Bring your employment letter, pay stubs and credit report to the viewing.
Need help with this? Talk to me.
I’m Jatin Dua, Broker of Record at RE/MAX Quantum Realty, and I’m the best agent to do this kind of work for you in Toronto and across the GTA. Over $100 million in GTA sales and 100+ families helped sell. Feel free to contact me any time: call or text 833-330-1925 or email [email protected].
Frequently asked questions
How much is rent for a condo in Richmond Hill in 2027?
A one-bedroom condo in Richmond Hill leased for an average of $2,310 a month in Q2 2026, and a two-bedroom for $2,910, according to TRREB’s latest rental report. Those are the newest official lease figures going into 2027. The actual rent depends on the building, floor, size and whether parking and utilities are included.
What are the best condos to rent in Richmond Hill?
My top five for 2027 are The Beverly Hills, SkyCity I, Era 2, 9608 Yonge Street and Royal Gardens. I chose them for location, what the condo fee covers, building age and the number of suites for rent. The order is my own judgement, not an official ranking of Richmond Hill buildings.
Is Richmond Hill more expensive to rent than Vaughan or Markham?
Yes, slightly. In Q2 2026 a Richmond Hill one-bedroom condo leased for $2,310 on average, against $2,214 in Markham and $2,130 in Vaughan, according to TRREB. Two-bedrooms followed the same order: $2,910 in Richmond Hill, $2,840 in Markham and $2,666 in Vaughan.
Are Richmond Hill condos rent-controlled?
Only units first occupied on or before 15 November 2018. Those are capped at Ontario’s 1.9% guideline for 2027 increases. Newer units have no cap. Every landlord must still wait 12 months between increases and give at least 90 days’ written notice on the proper Landlord and Tenant Board form.
When will the subway come to Richmond Hill?
No date is set. Metrolinx says the Yonge North Subway Extension, about 8 km with five stations, will go into service after the Ontario Line is complete, and the Ontario Line has no confirmed opening date beyond the early 2030s. For a 2027 lease in Richmond Hill, plan around today’s buses, GO trains and roads.
Which Richmond Hill condos include heat in the rent?
Among my picks, a building-data website lists heat in the condo fee at SkyCity I and at 9608 Yonge Street, and SkyCity I also lists air conditioning and water. Landlords often pass those inclusions on to tenants, but not always. Get the list of included utilities written into your Richmond Hill lease before you sign.
How many condos are for rent in Richmond Hill?
About 400 or more over a typical quarter. TRREB counted 429 Richmond Hill condo apartments listed for rent from April to June 2026, and 320 were leased. On 10 November 2026, a building-data website showed 12 suites for rent at The Beverly Hills, the most of any building on my list.
How much income do I need to rent a one-bedroom condo in Richmond Hill?
About $92,400 a year before tax, if you keep rent near 30% of household income. That is my arithmetic on Richmond Hill’s Q2 2026 one-bedroom average of $2,310 a month. Landlords set their own rules, so expect to show an employment letter, pay stubs and a credit report.
Sources
- TRREB Rental Market Report, Q2 2026
- liv.rent: October 2026 Ontario Rent Report
- Government of Ontario: Rent increase guideline
- Metrolinx: Yonge North Subway Extension
- A building-data website: The Beverly Hills, 9191-9205 Yonge St
- A building-data website: SkyCity I, 55 Oneida Cres
- A building-data website: Era 2, 95 and 105 Oneida Crescent
- A building-data website: 9608 Yonge Street Condos
- A building-data website: Royal Gardens Condos, 370 Hwy 7 E
Related reading
- Top 5 Best Neighbourhoods to Live in Mississauga in 2027
- Top 5 Best Neighbourhoods to Live in Brampton in 2027
- Top 5 Best Neighbourhoods to Live in Markham in 2027
- Top 5 Best Neighbourhoods to Live in Oakville in 2027
About the author — Jatin Dua, Toronto and GTA real estate broker
I am Jatin Dua, Broker of Record and co-founder of RE/MAX Quantum Realty Inc., Brokerage, Unit 101, 799 The Queensway, Toronto. I work with buyers and sellers across Toronto and the GTA and have helped more than 100 families sell. Four-plus years of active GTA transactions and over $100 million in sales volume.
Reach me at [email protected] or 833-330-1925, or book a call.