396 Highway 7 Rd E 711

FOR SALE
$850,000
396 Highway 7 Rd E 711, Richmond Hill
396 Highway 7 Rd E 711
396 Highway 7 Rd E 711
396 Highway 7 Rd E 711
396 Highway 7 Rd E 711
396 Highway 7 Rd E 711
396 Highway 7 Rd E 711
396 Highway 7 Rd E 711
396 Highway 7 Rd E 711
396 Highway 7 Rd E 711
396 Highway 7 Rd E 711
396 Highway 7 Rd E 711
396 Highway 7 Rd E 711
396 Highway 7 Rd E 711
396 Highway 7 Rd E 711
396 Highway 7 Rd E 711
396 Highway 7 Rd E 711
396 Highway 7 Rd E 711
396 Highway 7 Rd E 711
396 Highway 7 Rd E 711
396 Highway 7 Rd E 711
396 Highway 7 Rd E 711
396 Highway 7 Rd E 711
396 Highway 7 Rd E 711
396 Highway 7 Rd E 711
396 Highway 7 Rd E 711
396 Highway 7 Rd E 711
396 Highway 7 Rd E 711
396 Highway 7 Rd E 711
396 Highway 7 Rd E 711
396 Highway 7 Rd E 711
396 Highway 7 Rd E 711
396 Highway 7 Rd E 711
396 Highway 7 Rd E 711
396 Highway 7 Rd E 711
396 Highway 7 Rd E 711
396 Highway 7 Rd E 711
396 Highway 7 Rd E 711
396 Highway 7 Rd E 711
396 Highway 7 Rd E 711
396 Highway 7 Rd E 711
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2 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
N9240413
MLSID
Contact Us
Property Description
Discover modernity and sophistication with this gorgeous corner unit in Valleymede Tower, located in the vibrant heart of Richmond Hill. This spacious 2-bedroom + den condo offers 971 sqft of functional living space, complemented by a 110 sqft balcony with stunning unobstructed southwest views. The open-concept layout features a modern kitchen with sleek quartz countertops, a stylish backsplash, and custom-designed bathroom vanities. The 9-foot ceilings and hardwood flooring throughout enhance the unit's contemporary charm. The den provides the perfect space for a home office or extra storage. Located close to Hwy 407, public transportation, parks, dining, and shopping options, this unit offers unparalleled convenience with the added locker and parking. Experience the perfect blend of luxury and functionality in a prime location.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-02-26 2021-03-02 4 $688,888 $765,000 Sold
2020-07-08 2020-11-30 145 $749,000 - Expired
Extras
S/S Fridge, Stove, Microwave, Dishwasher, Washer, Dryer, Custom Kitchen Island ($5000 Value), Ignite 150 Rogers (approx $90/month), All Existing Light Fixtures, One Parking, One Locker, Parcel Lockers Included
Nearby Intersections
Property Features
Clear View, Hospital, Park, Public Transit, Rec Centre, School
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$3,161 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (P2)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingFlat10.70' x 11.45'W/O To Balcony, Sw View, Large Window
DiningFlat9.51' x 14.21'Combined W/Kitchen, Open Concept
KitchenFlat9.51' x 14.21'Centre Island, Quartz Counter, Open Concept
Prim BdrmFlat9.84' x 15.65'Large Window, 3 Pc Ensuite, W/I Closet
2nd BrFlat9.84' x 12.66'Closet, Window
DenFlat8.20' x 8.66'
Richmond Hill Market Statistics
Richmond Hill Price Trend
396 Highway 7 Rd E 711 is a 2-bedroom 2-bathroom condo listed for sale at $850,000, which is $196,112 (30.0%) higher than the average sold price of $653,888 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 2 bedroom condo in Richmond Hill declined by $27,248 (4.0%) compared to the previous 30 day period (July 22 - August 20) and down $85,067 (11.5%) from the same time one year ago.
Inventory Change
There were 51 2-bedroom condos listed in Richmond Hill over the last 30 days (August 21 - September 19), which is down 19.0% compared with the previous 30 day period (July 22 - August 20) and up 4.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Richmond Hill typically sold ($27,581) (4.2%) below asking price over the last 30 days (August 21 - September 19), which represents a $1,213 increase compared to the previous 30 day period (July 22 - August 20) and $1,018 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 (August 21 - September 19) stood at 35.3%, up from 30.2% over the previous 30 days (July 22 - August 20) and down from 36.7% 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 32 days when successfully sold over the last 30 days (August 21 - September 19), compared to 84 days before being removed from the market upon being suspended or terminated.
Listing contracted with Landpower Real Estate Ltd.
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