396 Highway 7 E 802

FOR SALE
$808,000
396 Highway 7  E 802, Richmond Hill
396 Highway 7  E 802
396 Highway 7  E 802
396 Highway 7  E 802
396 Highway 7  E 802
396 Highway 7  E 802
396 Highway 7  E 802
396 Highway 7  E 802
396 Highway 7  E 802
396 Highway 7  E 802
396 Highway 7  E 802
396 Highway 7  E 802
396 Highway 7  E 802
396 Highway 7  E 802
396 Highway 7  E 802
396 Highway 7  E 802
396 Highway 7  E 802
396 Highway 7  E 802
396 Highway 7  E 802
396 Highway 7  E 802
396 Highway 7  E 802
396 Highway 7  E 802
396 Highway 7  E 802
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2 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
5 + 1
ROOMS
N9389637
MLSID
Contact Us
Property Description
Luxurious Valleymede Tower Located at Prime Location in Richmond Hill. Newer building in same area with no rent increase restrictions. 924 sq ft per builder's plan. Functional Sun-Filled Open Concept Layout With 9' Ceiling. Spacious 2 Bedrooms plus Den Corner Unit with Unobstructed North View, B/I Appliances and Quartz Countertop . 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.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-10-29 2022-11-16 19 $2,850 $2,800 Leased
2022-10-29 2022-11-16 19 $2,850 $2,800 Leased
2022-10-29 2022-11-16 19 $2,850 $2,800 Leased
2019-07-17 2019-07-30 13 $2,500 $2,500 Leased
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. **Parking & 1 Locker included**
Nearby Intersections
Property Features
Park, Public Transit
Property Details
Street
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$3,083 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (Level A)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingFlat21.33' x 10.17'Combined W/Dining, W/O To Balcony
DiningFlat21.33' x 10.17'Combined W/Kitchen, Open Concept, Laminate
KitchenFlat21.33' x 10.17'Combined W/Dining, Open Concept, B/I Appliances
Prim BdrmFlat10.83' x 10.66'3 Pc Ensuite, W/I Closet, Laminate
2nd BrFlat10.50' x 10.01'Large Closet, Large Window, Laminate
DenFlat8.01' x 8.50'Laminate, Open Concept
Richmond Hill Market Statistics
Richmond Hill Price Trend
396 Highway 7 E 802 is a 2-bedroom 2-bathroom condo listed for sale at $808,000, which is $121,762 (17.7%) higher than the average sold price of $686,238 in the last 30 days (September 21 - October 20). During the last 30 days the average sold price for a 2 bedroom condo in Richmond Hill increased by $45,461 (7.1%) compared to the previous 30 day period (August 22 - September 20) and down $75,122 (9.9%) from the same time one year ago.
Inventory Change
There were 56 2-bedroom condos listed in Richmond Hill over the last 30 days (September 21 - October 20), which is up 14.3% compared with the previous 30 day period (August 22 - September 20) and down 17.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Richmond Hill typically sold ($18,373) (2.7%) below asking price over the last 30 days (September 21 - October 20), which represents a $7,843 increase compared to the previous 30 day period (August 22 - September 20) and ($9,903) 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 (September 21 - October 20) stood at 37.5%, up from 36.7% over the previous 30 days (August 22 - September 20) and up from 36.8% 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 31 days when successfully sold over the last 30 days (September 21 - October 20), compared to 66 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife Broadway Realty Inc.
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