Blurry image for 396 Highway 7 #516, Richmond Hill Ontario L4B 0G7
1 day on Market

396 Highway 7 #516, Richmond Hill, Ontario L4B 0G7

In the same building:
-
Condo
1 + 1
1
~600-699 sqft
$579,000
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$5,790Cashback
Condo
1 + 1
1
~600-699 sqft

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Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$897/sqft

Monthly cost

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CMA Subject Property

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+2

Properties sold*

$1.5M

Median sold price*

*Based on last 30 days

Description

Luxurious Valleymede Tower A. Spacious 1 Bedroom Plus Den 628 Sq. Ft. 9 FT. Ceiling. Den Can Be 2nd Bedroom. Open Concept Kitchen/Dining/Living Room. Modern Kitchen With Modern Cabinets, Quartz Counter-top, Back Splash, Double Sink and Stainless Steel Appliances. Quiet North Facing, Bright Bedroom with big Window. Demand Location, Close To All Amenities, Restaurants, Shopping, Grocery, Banks, Public Transit, 404/407 Etc. 24Hr Concierge, 6 Appliances, Luxurious Condo Living.


Property Details

StyleApartment
View-
Age of property-
SqFt~600-699 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberN12252652
Community NameDoncrest
Data SourceTRREB
Listing byHOMELIFE NEW WORLD REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air

Flat Floor

Br

3.66 x 3.05

Laminate / Closet / Large Window

Living

6.0 x 3.05

North View / Combined W/Dining / W/O To Balcony

Dining

6.0 x 3.05

Laminate / Combined W/Kitchen / Open Concept

Kitchen

6.0 x 3.05

Laminate / Open Concept / B/I Appliances


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


4Story
Amenities

Concierge, Guest Suites, Party/Meeting Room, Visitor Parking, Gym

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Jun 30, 2025
ListedActive
$579,000
1 day on market
history photo preview12
Listing by trreb®

Market Data - Doncrest

Geo Zone Map ThumbnailDoncrest

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

46 days

Compared to

2024

15 days

2023

18 days

2022

21 days

New Listings

Past 30 days

18 listings

Compared to

2024

18 listings

2023

21 listings

2022

12 listings

Units sold

Past 30 days

6 units

Compared to

2024

2 units

2023

8 units

2022

4 units

Median Sold Price

Past 30 days

$547,750

Compared to

2024

$1,510,000

2023

$739,000

2022

$722,500


Population and Demographics

Overview

Total population 8905
Average household income $139,560

Age (%)

0 to 19
16%
20 to 34
20%
35 to 49
17%
50 to 64
23%
65 and plus
24%

Household composition (%)

Single family
75%
Single person
20%
Multi person
3%
Multi family
1%

Mother tongue (%)

Yue (Cantonese)
30%
English
27%
Mandarin
21%
Iranian Persian
9%
Others
4%
Korean
3%
Arabic
1%

House tenancy (%)

Owners
82%
Renters
18%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget