398 Highway 7 E 106
Doncrest, Richmond Hill, L4B 0G6
FOR SALE
$738,000
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2 + 1
BEDROOMS2
BATHROOMS1
KITCHENS6
ROOMSN8301982
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Property Description
Luxurious 2+1 Corner Unit In Valleymede Towers, 200Ft Patio With 2 Walk-Out. 10Ft Ceiling, Laminate Flooring Throughout, Modern Light Fixtures. Modern Kitchen With Quartz Counter, Built-In Stainless Steel Appliances, Backsplash, Under Cabinet Lighting. Parking & Locker Included. Walking Ditances To Public Transit, Shops. Minutes To Hwy 404/407...
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Extras
Internet Is Included.
Nearby Intersections
Property Features
Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$2,918 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (B)
Garage Type
Underground
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Richmond Hill Market Statistics
Richmond Hill Price Trend
398 Highway 7 E 106 is a 2-bedroom 2-bathroom condo listed for sale at $738,000, which is $21,643 (3.0%) higher than the average sold price of $716,357 in the last 30 days (June 6 - July 5). During the last 30 days the average sold price for a 2 bedroom condo in Richmond Hill declined by $34,121 (4.5%) compared to the previous 30 day period (May 7 - June 5) and down $34,068 (4.5%) from the same time one year ago.Inventory Change
There were 66 2-bedroom condos listed in Richmond Hill over the last 30 days (June 6 - July 5), which is up 17.9% compared with the previous 30 day period (May 7 - June 5) and up 17.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Richmond Hill typically sold ($19,376) (2.7%) below asking price over the last 30 days (June 6 - July 5), which represents a $7,410 increase compared to the previous 30 day period (May 7 - June 5) and $1,720 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 (June 6 - July 5) stood at 42.4%, up from 41.1% over the previous 30 days (May 7 - June 5) and down from 101.8% 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 37 days when successfully sold over the last 30 days (June 6 - July 5), compared to 42 days before being removed from the market upon being suspended or terminated.Listing contracted with Superstars Realty Ltd.
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