396 Highway 7 905
Doncrest, Richmond Hill, L4B 0G7
FOR SALE
$699,000
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2 + 1
BEDROOMS2
BATHROOMS1
KITCHENS6
ROOMSN11910262
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Property Description
Don't miss out this Spacious 2 Bedrooms plus Den Corner Unit with Unobstructed South View in this Luxurious Valleymede Tower Located at Prime Location in Richmond Hill. Newer building in same area with no rent increase restrictions. Functional Sun-Filled Open Concept Layout With 9' Ceiling. B/I Appliances and Quartz Countertop. Many upgrades throughout the unit! Amazing amenities in the building, such as gym, pool table and party room etc. Walking Distance To Restaurants, Banks, Parks and Public Transit. Minutes to Community Center, Schools, Groceries, Shops, Theatre, Golf Clubs, Langstaff GO Station, Richmond Hill Centre Transit Terminal, Hwy 404 and Hwy 407. 1 parking and 1 locker included.
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Extras
All Existing Kitchen Appliances : Fridge, Dishwasher, Oven, Cook-Top, Exhaust Hood, Microwave. Stacked Front Loading Washer And Dryer. All Window Blinds and Electrical Light Fixtures.
Nearby Intersections
Yonge & Highway 7 (83)
Property Features
Park, Public Transit, Rec Centre, School, School Bus Route
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$3,197 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 10.56' x 11.45' | Stainless Steel Appl, Quartz Counter, Modern Kitchen |
| Living | Main | 13.12' x 11.25' | Se View, W/O To Balcony, Laminate |
| Prim Bdrm | Main | 10.04' x 15.94' | 4 Pc Ensuite, W/I Closet, Laminate |
| 2nd Br | Main | 12.80' x 10.10' | Double Closet, Large Window, Laminate |
| Den | Main | 8.89' x 8.10' | , Laminate |
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Richmond Hill Market Statistics
Richmond Hill Price Trend
396 Highway 7 905 is a 2-bedroom 2-bathroom condo listed for sale at $699,000, which is $58,750 (9.2%) higher than the average sold price of $640,250 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 2 bedroom condo in Richmond Hill declined by $31,095 (4.6%) compared to the previous 30 day period (November 19 - December 18) and down $56,820 (8.2%) from the same time one year ago.Inventory Change
There were 28 2-bedroom condos listed in Richmond Hill over the last 30 days (December 19 - January 17), which is down 3.4% compared with the previous 30 day period (November 19 - December 18) and down 12.5% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Richmond Hill typically sold ($21,775) (3.4%) below asking price over the last 30 days (December 19 - January 17), which represents a $8,643 increase compared to the previous 30 day period (November 19 - December 18) and ($10,620) 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 2-bedroom condos in Richmond Hill over the last 30 days (December 19 - January 17) stood at 42.9%, down from 75.9% over the previous 30 days (November 19 - December 18) and down from 62.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Richmond Hill stood at 47 days when successfully sold over the last 30 days (December 19 - January 17), compared to 74 days before being removed from the market upon being suspended or terminated.Listing contracted with Mehome Realty (Ontario) Inc.
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