Balcony in the apartment, unknown for 398 Highway 7 Rd #601, Richmond Hill Ontario L4H 0G6
1 day on Market

398 Highway 7 Rd #601, Richmond Hill, Ontario L4H 0G6

In the same building:
-
Condo
1 + 1
1
~600-699 sqft
$605,000
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Condo
1 + 1
1
~600-699 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$937/sqft

Est. Mortgage$2,598/mo

Maintenance fees$611/mo

Tax Amount (2024)$2,282/yr

Days On Market1 day


Description

Welcome to Valleymede Condos! This stylish and functional 1-bedroom + den unit offers a serene, unobstructed view of the ravine. The well-designed layout allows the den to function as a home office or a second bedroom. The modern kitchen features integrated stainless steel appliances and a custom quartz island, providing ample storage space. The primary bedroom boasts a large picture window and spacious closet. Thoughtfully designed with high-quality finishes and laminate flooring throughout, this unit includes a4-piece bathroom with a relaxing soaker tub. Ideally located just a short drive from the GO Station, with shops, restaurants, supermarkets, bus stops, and quick access to Highways 404 and 407 only steps away. Enjoy fantastic building amenities, including concierge service, a party and meeting room, gym, library, and guest suites.


Property Details

StyleApartment
View-
Age of propertyNew
SqFt~600-699 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberN11950162
Community NameDoncrest
Data SourceTRREB
Listing byRE/MAX ULTIMATE REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Living

3.04 x 5.55

Laminate / Combined W/Dining / O/Looks Ravine

Dining

3.04 x 5.55

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

Kitchen

3.04 x 5.55

Centre Island / Stainless Steel Appl / Double Sink

Prim Bdrm

3.04 x 3.53

O/Looks Ravine / Closet / Picture Window


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


05Story
Amenities

Bike Storage, Guest Suites, Party/Meeting Room, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Jan 31, 2025
ListedActive
$605,000
1 day on market
history photo preview24
Listing by trreb®
Property listed by RE/MAX ULTIMATE REALTY INC., Brokerage

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Market Data - Doncrest

Geo Zone Map ThumbnailDoncrest

Balanced Market

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

66 days

Compared to

2024

22 days

2023

25 days

2022

9 days

New Listings

Past 30 days

25 listings

Compared to

2024

16 listings

2023

11 listings

2022

1 listing

Units sold

Past 30 days

5 units

Compared to

2024

6 units

2023

6 units

2022

8 units

Median Sold Price

Past 30 days

$610,000

Compared to

2024

$595,500

2023

$726,500

2022

$816,000


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