Unknown for 398 Highway 7 #1508, Richmond Hill Ontario L4B 0G6
47 days on Market

398 Highway 7 #1508, Richmond Hill, Ontario L4B 0G6

In the same building:
-
Condo
1 + 1
1
~600-699 sqft
$628,000
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Condo
1 + 1
1
~600-699 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$972/sqft

Est. Mortgage$2,697/mo

Maintenance fees$638/mo

Tax Amount (2024)$2,338/yr

Days On Market47 days


Description

High Demand Location in the Luxurious Valleymede Tower. Offered One Bedroom & Den Condo. Den is Big Enough To Be a Second Bedroom or office.South Facing with Bright and Functional Layout. CN Tower view.9 Ft Ceiling, Laminate Throughout . Modern Open Concept Kitchen with Quartz Countertop & S/S Appliances. Heart Of Markham, Close To All Amenities, School, Viva Transit, Restaurants, Banks, Plazas, Grocery. Only few min to 404 and 407. **EXTRAS** S/S Fridge , Oven, Cooktop, Microwave, Range-Hood, Dishwasher, Washer & Dryer, Window Coverings, Light Fixtures.


Property Details

StyleApartment
View-
Age of property0-5
SqFt~600-699 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberN11911701
Community NameDoncrest
Data SourceTRREB
Listing byJOYNET REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air

Flat Floor

Dining

0.00 x 0.00

Combined W/Living / W/O To Balcony / Laminate

Kitchen

0.00 x 0.00

Combined W/Dining / Modern Kitchen / Laminate

Prim Bdrm

0.00 x 0.00

South View / Picture Window / Closet

Den

0.00 x 0.00

Combined W/Laundry / Separate Rm / Laminate


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


12Story
Amenities

Bike Storage, Bus Ctr (Wifi Bldg), Concierge, Gym, Party/Meeting Room, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by JOYNET REALTY INC., Brokerage

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Market Data - Doncrest

Geo Zone Map ThumbnailDoncrest

Strong Buyer's Market

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

19 days

Compared to

2024

28 days

2023

29 days

2022

6 days

New Listings

Past 30 days

28 listings

Compared to

2024

16 listings

2023

10 listings

2022

5 listings

Units sold

Past 30 days

3 units

Compared to

2024

7 units

2023

7 units

2022

9 units

Median Sold Price

Past 30 days

$760,000

Compared to

2024

$623,000

2023

$650,000

2022

$745,000


Population and Demographics

Overview

Total population 8905
Average household income $139,560

Age (%)

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

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%

Schools and amenities

Estimated Budget