398 Highway 7 E 1201

FOR SALE
$668,800
398 Highway 7  E 1201, Richmond Hill
398 Highway 7  E 1201
398 Highway 7  E 1201
398 Highway 7  E 1201
398 Highway 7  E 1201
398 Highway 7  E 1201
398 Highway 7  E 1201
398 Highway 7  E 1201
398 Highway 7  E 1201
398 Highway 7  E 1201
398 Highway 7  E 1201
398 Highway 7  E 1201
398 Highway 7  E 1201
398 Highway 7  E 1201
398 Highway 7  E 1201
398 Highway 7  E 1201
398 Highway 7  E 1201
398 Highway 7  E 1201
398 Highway 7  E 1201
398 Highway 7  E 1201
398 Highway 7  E 1201
398 Highway 7  E 1201
398 Highway 7  E 1201
398 Highway 7  E 1201
398 Highway 7  E 1201
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
N8125640
MLSID
Contact Us
Property Description
Prime Richmond Hill location> Higher 12/F Floor> 9 foot ceiling> unobstructed North view>609s.f> Practical design> "0" wastage corridor> Den can be the 2nd bedroom OR home office in separate room> Management fee includes internet service> modern design> bright hallway> Excellent building facilities, extra large washroom> decent sized Bedroom with large sliding closet> Steps to: medical, food and retail, Banks, pharmacy, VIVA Bus to finch Subway TTC> Doncrest PS/ Thornlea SS (French Immersion)> Enhanced safety: private non-shared balcony, fob access-to-floor elevator>> building status certificate available upon request, EV charger available with a fee on ground level
Extras
Shows with confidence! 1st owner, exceptional carpark locates near to elevator, decent size locker, Lock box for easy showing, appt prefer before 7pm daily / TBA, 5 % deposit, Sch B attached with offer to: paul4166160893@gmail.com
Nearby Intersections
Property Features
Public Transit, School
Property Details
Street
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,206 (2023)
Basement
None
Exterior
Other
Heat Included
Yes
Heat Type
Other
Heat Source
Other
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned (A)
Parking 2
None (A)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingFlat9.94' x 19.88'Combined W/Dining, North View, Laminate
DiningFlat9.94' x 19.88'Combined W/Living, W/O To Balcony, Laminate
KitchenFlat13.12' x 7.25'Combined W/Dining, Modern Kitchen, Laminate
Prim BdrmFlat12.89' x 7.25'North View, Window, Closet
DenFlat8.27' x 7.25'Combined W/Laundry, Separate Rm, Laminate
FoyerFlat8.27' x 410.11'Combined W/Den, Closet, Ceramic Floor
Richmond Hill Market Statistics
Richmond Hill Price Trend
398 Highway 7 E 1201 is a 1-bedroom 1-bathroom condo listed for sale at $668,800, which is $78,490 (13.3%) higher than the average sold price of $590,310 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 1 bedroom condo in Richmond Hill increased by $31,616 (5.7%) compared to the previous 30 day period (February 26 - March 26) and down $23,221 (3.8%) from the same time one year ago.
Inventory Change
There were 53 1-bedroom condos listed in Richmond Hill over the last 30 days (March 27 - April 25), which is up 43.2% compared with the previous 30 day period (February 26 - March 26) and up 26.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Richmond Hill typically sold ($4,126) (0.7%) below asking price over the last 30 days (March 27 - April 25), which represents a $4,560 increase compared to the previous 30 day period (February 26 - March 26) and ($9,037) more 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 1-bedroom condos in Richmond Hill over the last 30 days (March 27 - April 25) stood at 54.7%, down from 70.3% over the previous 30 days (February 26 - March 26) and down from 76.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Richmond Hill stood at 20 days when successfully sold over the last 30 days (March 27 - April 25), compared to 57 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife Frontier Realty Inc.
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