Bayview Park on 16th Ave — pre-construction home in Richmond by 16th Ave Development
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Pre-Construction Home
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Bayview Park on 16th Ave Richmond

New pre-construction home 16th Ave Development in Richmond.

1053 16th Ave, Richmond Hill Nearest Intersection:  16th Ave & Bayview Ave
by 16th Ave Development
Occupancy TBD
Starting From
$1,500,000s
Bedrooms
Bathrooms
Size
3,055 sq ft – 4,133 sq ft
Occupancy
TBD
Overview

About Bayview Park on 16th Ave

Project highlights

Development
Bayview Park on 16th Ave
Developer
16th Ave Development
Location
Richmond — 1053 16th Ave, Richmond Hill Nearest Intersection:  16th Ave & Bayview Ave
Property type
Pre-Construction Home
Ownership
Condominium / Freehold
Sales status
Selling Now
Starting price
$1,500,000s
Occupancy
TBD

Bayview Park on 16th Ave is a new pre-construction home 16th Ave Development in Richmond. Through PreconFactory you get VIP access 30–60 days before public launch — that means first pick of the best units, the lowest pricing, and full incentive negotiation on your behalf.

Starting at $1,500,000s, Bayview Park on 16th Ave is a strong choice whether you're buying to live in or as an investment. You lock in today's developer pricing while the property appreciates during the 3–5 year build period — leveraged returns that resale buyers simply can't access.

Welcome to , Richmond Hill’s newest and hottest community featuring a limited collection of 56 contemporary linked singles coming soon to 16th Ave & Bayview Ave in Richmond Hill! Here at Bayview Park, residents are thoughtfully located from a number of must-have amenities including Highways 404 & 407, the Richmond Hill GO Station, Big Box Stores, Hillcrest Mall, Parks, Golf Courses, Schools and so much more that the area has to offer! ​

Location

Why Richmond works

Richmond, Ontario

Bayview Park on 16th Ave sits at 1053 16th Ave, Richmond Hill Nearest Intersection:  16th Ave & Bayview Ave. Explore pre-construction homes in this growing GTA community. Get VIP access to new developments before public launch.

Richmond keeps growing — new transit lines, more jobs, and rising household incomes. That's why pre-construction here makes sense. You're buying into a city on the upswing, at today's prices.

Why Richmond is growing

  • More Jobs: Companies keep moving here, driving housing demand.
  • Better Transit: New subway, LRT and GO expansions in progress.
  • Strong Migration: Population growth keeps property values rising.
  • Infrastructure Investment: Schools, hospitals and amenities expanding.

About Richmond

Discover why Richmond is an ideal location for pre-construction investment

About Richmond: A Growing Community in the GTA

Richmond is a vibrant community in the Greater Toronto Area, offering excellent opportunities for pre-construction real estate investment. Located in Richmond, Bayview Park on 16th Ave offers a perfect blend of urban convenience and suburban comfort.

Transit & Connectivity

Richmond is well-connected to the rest of the GTA through GO Transit and major highways, providing convenient access to downtown Toronto and other employment centers.

Lifestyle & Amenities

Residents enjoy access to excellent schools, healthcare facilities, shopping centers, and recreational spaces.

Investment Potential & Growth

Richmond has shown consistent growth in property values, making it an attractive market for real estate investors.

Excellent Transit

Well-connected to downtown Toronto and the GTA

Strong Growth

Consistent property value appreciation

Quality Living

Modern amenities and community infrastructure

Investment

Why pre-construction wins

Investment potential

Bayview Park on 16th Ave is priced below comparable resale homes in Richmond. You lock in today's developer pricing, and by the time it's built (3–5 years), the market has typically appreciated 15–25% — free equity before you even close.

Buy at today's price, own at tomorrow's value. The playbook that worked for thousands of GTA buyers since 2010.

Developer confidence

16th Ave Development has been building in the GTA for years — finishing on time and delivering quality homes that hold their value. That track record matters when you're committing this much capital.

View 16th Ave Development profile & projects

Project data sheet

Developer16th Ave Development
Address1053 16th Ave, Richmond Hill Nearest
Intersection16th Ave & Bayview Ave
PricingStarting From The high $1.5 Million
OccupancyAnticipated For 2023 Number of
Homes56 Home
TypesContemporary Linked Singles Square
Footage3,055 sq ft – 4,133 sq ft Deposit
StructureTBA Incentives*:  Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, Capped Development Levies, Assignment, Free Lawyer Review of Your Purchase Agreement, Free Mortgage Arrangements Features &
FinishesTBA
Buyer FAQ

Bayview Park on 16th Ave questions answered

What is the deposit structure for Bayview Park on 16th Ave?

The exact deposit schedule for Bayview Park on 16th Ave is set by 16th Ave Development and confirmed in the Agreement of Purchase and Sale. GTA pre-construction projects typically require a total deposit of 15–20% paid in stages over 18–24 months, but the specific milestones vary by builder and project. Contact PreconFactory for Bayview Park on 16th Ave's current deposit structure.

When is the occupancy date for Bayview Park on 16th Ave?

Occupancy for Bayview Park on 16th Ave has not been publicly confirmed by 16th Ave Development yet. Pre-construction projects in Richmond typically deliver within 3–5 years of launch, but the exact date will be set in the Agreement of Purchase and Sale. Contact PreconFactory for the latest timeline.

Are assignment sales allowed at Bayview Park on 16th Ave?

Assignment policy is set project-by-project by 16th Ave Development. Many GTA pre-construction projects permit assignments (sometimes for a fee, sometimes free as a VIP incentive), but this is confirmed in the purchase agreement. Ask PreconFactory before you sign so we can confirm the current terms for Bayview Park on 16th Ave.

What are the closing costs for Bayview Park on 16th Ave?

Plan for roughly 3–5% of the purchase price in closing costs, including Land Transfer Tax (Ontario and, in Toronto, municipal LTT — first-time buyer rebates may apply), legal fees ($1,500–$2,500), development levies, and Tarion warranty enrolment. The exact levy caps and adjustments vary per project — PreconFactory can walk you through the current numbers for Bayview Park on 16th Ave.

Is Bayview Park on 16th Ave a good investment?

Bayview Park on 16th Ave by 16th Ave Development is priced at $1,500,000s in Richmond. Whether it's a fit depends on your budget, timeline, financing, and rental/hold plans — pre-construction returns are leveraged (you commit ~20% over two years) but not guaranteed. Contact PreconFactory for an ROI breakdown specific to your situation.

How do I buy Bayview Park on 16th Ave?

Register with PreconFactory for VIP Platinum access to Bayview Park on 16th Ave. You'll receive available floor plans, current developer incentives, mortgage broker introductions, and lawyer referrals. Our buyer service is free — the builder pays the buying agent's commission.

Who represents buyers at Bayview Park on 16th Ave?

PreconFactory is a licensed Ontario real estate brokerage offering Platinum-access representation on Bayview Park on 16th Ave and other GTA pre-construction projects. We negotiate on price, capped development levies, assignment rights, and upgrades on your behalf.

Limited VIP spots available

Don't miss out on Bayview Park on 16th Ave

Secure your unit today with VIP Platinum access. First pick of floor plans, exclusive pricing, and builder incentives before public launch.

Best pricing

Floor plans

VIP incentives