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Engel & Völkers Opens New Shop in Richmond Hill

Wednesday, November 1st, 2017 at 9:00am Engel & Völkers

International real estate brand continues Canadian expansion with its first Richmond Hill brokerage

Engel & Völkers has announced its newest shop in Richmond Hill, Ontario, expanding the company’s global network and premium level of service in Canada. The newly established Engel & Völkers Richmond Hill is led by owner Derek Li, who will serve as the license partner and managing broker, and will provide leading real estate services to home buyers and sellers in the markets of Richmond Hill as well as the Greater Toronto Area. 

“The Richmond Hill market attracts a blend of both domestic and international consumers, especially from Asia,” said Derek Li of Engel & Völkers Richmond Hill. “Engel & Völkers is a global brand and has established itself as a leader in the luxury real estate industry – it was an easy choice to join the company for its international ties and top-tier marketing tools.”

Located just north of the City of Toronto, Richmond Hill is a prime real estate destination in the Greater Toronto Area. People are attracted to Richmond Hill because of its top ranked schools, large recreational parks and booming commercial economy. Local attractions include the David Dunlap Observatory, Richmond Hill Centre for the Performing Arts and Hillcrest Mall. The real estate market in Richmond Hill comprises mostly of detached homes with the condo market on a rise. It’s a stone’s throw away from Toronto, allowing residents the choice to indulge in an urban lifestyle with the option to retreat into the enclaves of their residential communities.

“The opening of Engel & Völkers Richmond Hill is a valuable addition to our North American network of shops,” said Anthony Hitt, president & CEO of Engel & Völkers Americas. “Derek’s expertise and knowledge of the local marketplace coupled with Engel & Völkers’ renowned level of service and our international platform will best cater to the comprehensive needs of the area’s real estate buyers and sellers.” 

Engel & Völkers operates a global network of over 9,000 real estate advisors in more than 30 countries. For more information, visit

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