370 Highway 7 East Rd E 716
Doncrest, Richmond Hill, L4B 0C4
FOR SALE
$598,000
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1 + 1
BEDROOMS1
BATHROOMS1
KITCHENS5
ROOMSN8245760
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Property Description
Welcome to luxury living in the heart of Richmond Hill! This west-facing beautiful 1 bedroom + den unit boasts a sun-drenched interior with a versatile den space, perfect for a second bedroom or home office. Spanning 650 sq ft, this freshly painted abode features brand new vinyl flooring throughout. Step into the spacious bedroom retreat, complete with a walk-in closet for ample storage. Enjoy the open-concept layout, seamlessly flowing from the living space to the den, ideal for entertaining or daily living.Relish in the convenience of one parking spot and an oversized locker included with the unit. This property is not only great for self-use but also promises excellent investment potential. Minutes away from Hwy 404 and Hwy 407, commuting is a breeze, while local gems like Time Square and Commerce Gate are within walking distance. You'll find all of life's essentials within reach, with Viva Transit, restaurants, supermarkets, clinics, and banks just steps away. Close to the future Yonge North Subway Extension, this location offers even more accessibility and convenience. Plus, enjoy peace of mind with 24-hour security and full facilities at your disposal. Don't miss out on this fabulous opportunity to call Royal Garden home. Schedule your viewing today and experience luxury living at its finest!
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Nearby Intersections
Property Features
Clear View, Lake/Pond, Park, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,130 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (P1)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 10.01' x 24.02' | Combined W/Dining, Vinyl Floor, W/O To Balcony |
| Dining | Flat | 10.01' x 24.02' | Combined W/Living, Vinyl Floor, Open Concept |
| Prim Bdrm | Flat | 9.81' x 12.60' | W/I Closet, Vinyl Floor, Large Window |
| Den | Flat | 7.61' x 7.81' | Separate Rm, Vinyl Floor |
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Richmond Hill Market Statistics
Richmond Hill Price Trend
370 Highway 7 East Rd E 716 is a 1-bedroom 1-bathroom condo listed for sale at $598,000, which is $7,275 (1.2%) higher than the average sold price of $590,725 in the last 30 days (April 1 - April 30). During the last 30 days the average sold price for a 1 bedroom condo in Richmond Hill increased by $21,260 (3.7%) compared to the previous 30 day period (March 2 - March 31) and down $21,585 (3.5%) from the same time one year ago.Inventory Change
There were 52 1-bedroom condos listed in Richmond Hill over the last 30 days (April 1 - April 30), which is up 26.8% compared with the previous 30 day period (March 2 - March 31) and up 26.8% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Richmond Hill typically sold ($6,838) (1.2%) below asking price over the last 30 days (April 1 - April 30), which represents a $727 decrease compared to the previous 30 day period (March 2 - March 31) and ($4,020) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Richmond Hill over the last 30 days (April 1 - April 30) stood at 59.6%, up from 53.7% over the previous 30 days (March 2 - March 31) and down from 70.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Richmond Hill stood at 17 days when successfully sold over the last 30 days (April 1 - April 30), compared to 60 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife Culturelink Realty Inc.
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