398 Highway 7 E 1506
Doncrest, Richmond Hill, L4B 1A7
FOR SALE
$788,000
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BEDROOMS2
BATHROOMS1
KITCHENS6
ROOMSN11971791
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Property Description
Rarely Offered 2 Bedroom At Hwy 7 & Valleymede. Corner Unit With Amazing South East View. Fulfill Of Sunshine And Clear View. 9 Feet Ceiling & High Grade Laminate Through Out. Open Concept Kitchen With Quartz Countertop And S/S Appliances. Double Closets And Ensuite At Master. Steps To Viva, Restaurants, Banks And Retailers. Easy Access To 404, Yonge And 407. Amenities Include Gym, Party Room, Game Room And Library. Include 1 Parking And 1 Locker....
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-05-12 | 2020-07-05 | 54 | $698,800 | $688,000 | Sold |
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$3,011 (2025)
Basement
None
Exterior
Concrete, Other
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (P1)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 10.83' x 18.08' | Combined W/Dining, Laminate, W/O To Balcony |
| Dining | Main | 10.83' x 18.08' | Combined W/Living, Laminate, W/O To Balcony |
| Kitchen | Main | 10.83' x 13.78' | Open Concept, Laminate, Backsplash |
| Prim Bdrm | Main | 10.01' x 12.34' | Laminate, Closet, 4 Pc Ensuite |
| 2nd Br | Main | 11.42' x 10.01' | Laminate, Closet, Large Window |
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Richmond Hill Market Statistics
Richmond Hill Price Trend
398 Highway 7 E 1506 is a 2-bedroom 2-bathroom condo listed for sale at $788,000, which is $89,691 (12.8%) higher than the average sold price of $698,309 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in Richmond Hill increased by $76,809 (12.4%) compared to the previous 30 day period (December 22 - January 20) and down $46,910 (6.3%) from the same time one year ago.Inventory Change
There were 42 2-bedroom condos listed in Richmond Hill over the last 30 days (January 21 - February 19), which is up 35.5% compared with the previous 30 day period (December 22 - January 20) and down 0.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Richmond Hill typically sold ($5,044) (0.7%) below asking price over the last 30 days (January 21 - February 19), which represents a $16,731 increase compared to the previous 30 day period (December 22 - January 20) and ($14,749) 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 2-bedroom condos in Richmond Hill over the last 30 days (January 21 - February 19) stood at 26.2%, down from 38.7% over the previous 30 days (December 22 - January 20) and down from 61.9% 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 29 days when successfully sold over the last 30 days (January 21 - February 19), compared to 69 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Excel Realty Ltd.
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