398 Highway 7 E 1502
Doncrest, Richmond Hill, L4B 0G7
FOR SALE
$860,000
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BEDROOMS2
BATHROOMS1
KITCHENS5
ROOMSN8324084
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Property Description
Luxury Valleymede Towers, Two Bedroom, Open Concept, Hardwood Flooring Throughout, Amenities Include Gym, Party Room, 24 Hr Concierge, Steps To Viva, Close To Hwy 404 And Hwy 407. 860 Sq Ft + 80 Sq ft balcony.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-02-24 | 2020-06-11 | 107 | $2,500 | $2,450 | Leased |
Extras
S/S Fridge, Cook Top, Oven, B/L Dishwasher, Microwave, Washer & Dryer, Blinds, One Parking And One Locker.
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$2,828 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (A)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 10.66' x 20.14' | Combined W/Dining |
| Dining | Flat | 10.66' x 20.14' | Combined W/Living |
| Kitchen | Flat | 10.66' x 20.14' | |
| Prim Bdrm | Flat | 10.01' x 10.83' | |
| 2nd Br | Flat | 10.17' x 10.27' |
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Richmond Hill Market Statistics
Richmond Hill Price Trend
398 Highway 7 E 1502 is a 2-bedroom 2-bathroom condo listed for sale at $860,000, which is $106,063 (14.1%) higher than the average sold price of $753,937 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 2 bedroom condo in Richmond Hill increased by $34,207 (4.8%) compared to the previous 30 day period (March 15 - April 13) and down $8,748 (1.1%) from the same time one year ago.Inventory Change
There were 83 2-bedroom condos listed in Richmond Hill over the last 30 days (April 14 - May 13), which is up 48.2% compared with the previous 30 day period (March 15 - April 13) and up 102.4% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Richmond Hill typically sold ($19,805) (2.6%) below asking price over the last 30 days (April 14 - May 13), which represents a $1,498 decrease compared to the previous 30 day period (March 15 - April 13) and ($1,082) 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 (April 14 - May 13) stood at 38.6%, down from 46.4% over the previous 30 days (March 15 - April 13) and down from 85.4% 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 27 days when successfully sold over the last 30 days (April 14 - May 13), compared to 43 days before being removed from the market upon being suspended or terminated.Listing contracted with Bridlepath Progressive Real Estate Inc.
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