Living room with furniture, unknown for 398 highway 7 Ave #1501, Richmond Hill Ontario L4B 0G6
3 hours on Market

398 highway 7 Ave #1501, Richmond Hill, Ontario L4B 0G6

In the same building:
-
Condo
1 + 1
1
~600-699 sqft
$488,800
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$4,888Cashback
Condo
1 + 1
1
~600-699 sqft

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Highlights

Property Estimate

Days on market3 hours

Estimated valueNot available

Price/Sqft$757/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

Luxury Valleymede Towers In Prime Richmond Hill Location At Highway 7 & Leslie. High-Floor Unit With Unobstructed Views! **Never Been Rented** Built By Times Group Corporation, This Spacious 609 SF, 1+1 Den Layout, Den Can Be Used As A Second Bedroom Or Home Office! Bright Hallway Leads To An Open Concept Living/Dining Area With Walk-Out To A Large Private Balcony 40 SF. Modern Kitchen Features Quartz Countertops And Stainless Steel Appliances. Primary Bedroom Offers A Big Window And Beautiful View. Thoughtfully Designed With High-Quality Finishes And Just Five Years New. Management Fee Includes Internet Service. Steps To Medical Offices, Restaurants, Banks, Grocery Stores, Pharmacy, Golf Clubs, Langstaff GO Station, And Richmond Hill Centre Transit Terminal. Easy Access To Highways 404/407. Excellent School Zone: Doncrest PS / Thornlea SS (French Immersion). Enjoy Top-Tier Amenities Including 24-Hour Concierge, Gym, Party & Meeting Room, Library, Guest Suites, And Fob-Access Elevators. One Parking Spot And One Locker Included. A Perfect Blend Of Style, Comfort, And Location. A Must See!


Property Details

StyleApartment
View-
Age of property0-5
SqFt~600-699 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberN12275183
Community NameDoncrest
Data SourceTRREB
Listing byRE/MAX REALTRON REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air

Flat Floor

Br

3.05 x 3.51

Laminate / Closet / Large Window

Den

2.23 x 2.53

Laminate / 4 Pc Bath

Dining

3.05 x 5.54

Laminate / Combined W/Living / Open Concept

Kitchen

3.05 x 4.25

Granite Counter / Modern Kitchen / B/I Appliances


Features

Patio: Encl
Balcony: Encl

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


12Story
Amenities

Bike Storage, Concierge, Guest Suites, Gym, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Jul 10, 2025
ListedActive
$488,800
3 hours on market
history photo preview48
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