396 Highway 7 Way E Ph9

FOR SALE
$919,000
396 Highway 7 Way E Ph9, Richmond Hill
396 Highway 7 Way E Ph9
396 Highway 7 Way E Ph9
396 Highway 7 Way E Ph9
396 Highway 7 Way E Ph9
396 Highway 7 Way E Ph9
396 Highway 7 Way E Ph9
396 Highway 7 Way E Ph9
396 Highway 7 Way E Ph9
396 Highway 7 Way E Ph9
396 Highway 7 Way E Ph9
396 Highway 7 Way E Ph9
396 Highway 7 Way E Ph9
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2 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
N8238510
MLSID
Contact Us
Property Description
Embrace luxury living at its finest with this stunning new penthouse in Valleymede Tower, nestled in the vibrant heart of Richmond Hill. Boasting a luminous corner suite with 924 square feet of open-concept living space, this home is highlighted by its towering 10-foot ceilings and a generous north-facing balcony offering serene, unobstructed views. The residences chic and contemporary design is evident throughout, with modern bathrooms and a kitchen adorned with sleek quartz countertops and stainless steel appliances. The master bedroom features a private ensuite, alongside a spacious den for added functionality. Situated in an ideal location, you're mere steps from a diverse selection of restaurants, shops, cafes, banks, and convenient bus services, with swift access to Langstaff GO Station, Hwy 7, and 404, blending unparalleled convenience with the essence of luxury living.
Extras
Stainless Steel Fridge, Stainless Steel Stove, Range Hood, Smooth Cooktop, Stainless Steel Microwave, Integrated Dishwasher, Front Loading Washer & Dryer
Nearby Intersections
Property Features
Clear View, Golf, Public Transit, Rec Centre
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$2,980 (2023)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingMain10.01' x 21.33'W/O To Balcony, Window Flr To Ceil, Laminate
DiningMain10.01' x 21.33'Combined W/Living, Window Flr To Ceil, Laminate
Prim BdrmMain10.83' x 10.83'Ensuite Bath, Large Window, Laminate
2nd BrMain10.01' x 10.24'Double Closet, Large Window, Laminate
DenMain8.27' x 8.50'Separate Rm, Laminate
Richmond Hill Market Statistics
Richmond Hill Price Trend
396 Highway 7 Way E Ph9 is a 2-bedroom 2-bathroom condo listed for sale at $919,000, which is $181,236 (24.6%) higher than the average sold price of $737,764 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 2 bedroom condo in Richmond Hill increased by $14,688 (2.0%) compared to the previous 30 day period (February 29 - March 29) and up $12,474 (1.7%) from the same time one year ago.
Inventory Change
There were 72 2-bedroom condos listed in Richmond Hill over the last 30 days (March 30 - April 28), which is up 10.8% compared with the previous 30 day period (February 29 - March 29) and up 100.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Richmond Hill typically sold ($19,140) (2.6%) below asking price over the last 30 days (March 30 - April 28), which represents a $2,421 decrease compared to the previous 30 day period (February 29 - March 29) and ($15,411) 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 (March 30 - April 28) stood at 47.2%, up from 40.0% over the previous 30 days (February 29 - March 29) and down from 86.1% 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 36 days when successfully sold over the last 30 days (March 30 - April 28), compared to 42 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Realtron Realty Inc.
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