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

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

Condo
1 + 1
1
~600-699 sqft
$594,880
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Condo
1 + 1
1
~600-699 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$921/sqft

Est. Mortgage$2,555/mo

Maintenance fees$611/mo

Tax Amount (2024)$2,282/yr

Days On Market60 days


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. **EXTRAS** Stainless Steel built in fridge, cooktop, oven, microwave, range hood, dishwasher; full size washer and dryer. Roller blinds, all existing lighting fixtures. 1 Parking and 1 Locker included. Rogers Internet included in maintenance fees


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

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

Primary

3.04 x 3.53

O/Looks Ravine / Closet / Picture Window

Den

2.23 x 2.53

Laminate / Separate Rm / Led Lighting


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
$594,880
60 days 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

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

39 days

Compared to

2024

29 days

2023

38 days

2022

12 days

New Listings

Past 30 days

16 listings

Compared to

2024

15 listings

2023

8 listings

2022

18 listings

Units sold

Past 30 days

2 units

Compared to

2024

9 units

2023

5 units

2022

7 units

Median Sold Price

Past 30 days

$504,500

Compared to

2024

$685,000

2023

$637,000

2022

$802,000


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