398 Highway 7 E 311
Doncrest, Richmond Hill, L4B 0G6
FOR SALE
$799,800
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2 + 1
BEDROOMS2
BATHROOMS1
KITCHENS6
ROOMSN11939779
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Property Description
5 Years old Luxury Valleymede Tower, Boutique building with 24hrs Concierge nestled in the Vibrant Heart of Richmond Hill. Bright & Quiet unit Facing Inner Garden Court. 955 sq ft unit with 2 Split Bedrooms, 2 Walk-in closets & a functional Den plus 80 sq ft Open view Balcony. 9ft ceiling. Open concept layout. Modern designed Kitchen with Quartz Bar Top Countertop/Backsplash. Well kept unit, strictly move in condition. Steps to VIVA Bus station(Valleymede Dr)/YRT, Plaza with restaurants, Retail & Banks. Minutes drive to Hwy 404 & 407. 24hrs. Great amenities. One(1) Parking + One(1) Locker.
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Extras
Existing S/S Fridge, Stove, B/I Dishwasher, Microwave and Kitchen Exhaust. Existing Stacked Washer/Dryer. All existing light fixtures & vertical blind.
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$3,126 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 10.01' x 21.16' | Combined W/Dining, W/O To Balcony, Laminate |
| Dining | Flat | 10.01' x 21.16' | Combined W/Living, Open Concept, Laminate |
| Kitchen | Flat | 9.51' x 10.01' | Quartz Counter, Backsplash, Ceramic Floor |
| Den | Flat | 6.66' x 9.58' | , Separate Rm, Laminate |
| Prim Bdrm | Flat | 10.01' x 12.99' | W/I Closet, 3 Pc Ensuite, Laminate |
| 2nd Br | Flat | 9.84' x 10.99' | W/I Closet, Large Window, Laminate |
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Richmond Hill Market Statistics
Richmond Hill Price Trend
398 Highway 7 E 311 is a 2-bedroom 2-bathroom condo listed for sale at $799,800, which is $159,550 (24.9%) higher than the average sold price of $640,250 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 2 bedroom condo in Richmond Hill declined by $31,095 (4.6%) compared to the previous 30 day period (November 19 - December 18) and down $56,820 (8.2%) from the same time one year ago.Inventory Change
There were 28 2-bedroom condos listed in Richmond Hill over the last 30 days (December 19 - January 17), which is down 3.4% compared with the previous 30 day period (November 19 - December 18) and down 12.5% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Richmond Hill typically sold ($21,775) (3.4%) below asking price over the last 30 days (December 19 - January 17), which represents a $8,643 increase compared to the previous 30 day period (November 19 - December 18) and ($10,620) 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 (December 19 - January 17) stood at 42.9%, down from 75.9% over the previous 30 days (November 19 - December 18) and down from 62.5% 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 47 days when successfully sold over the last 30 days (December 19 - January 17), compared to 74 days before being removed from the market upon being suspended or terminated.Listing contracted with Landstars 360 Realty Inc.
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