398 Highway 7 E 311

FOR SALE
$838,000
398 Highway 7  E 311, Richmond Hill
398 Highway 7  E 311
398 Highway 7  E 311
398 Highway 7  E 311
398 Highway 7  E 311
398 Highway 7  E 311
398 Highway 7  E 311
398 Highway 7  E 311
398 Highway 7  E 311
398 Highway 7  E 311
398 Highway 7  E 311
398 Highway 7  E 311
398 Highway 7  E 311
398 Highway 7  E 311
398 Highway 7  E 311
398 Highway 7  E 311
398 Highway 7  E 311
398 Highway 7  E 311
398 Highway 7  E 311
398 Highway 7  E 311
398 Highway 7  E 311
398 Highway 7  E 311
398 Highway 7  E 311
398 Highway 7  E 311
398 Highway 7  E 311
398 Highway 7  E 311
398 Highway 7  E 311
398 Highway 7  E 311
398 Highway 7  E 311
398 Highway 7  E 311
398 Highway 7  E 311
398 Highway 7  E 311
398 Highway 7  E 311
398 Highway 7  E 311
398 Highway 7  E 311
398 Highway 7  E 311
398 Highway 7  E 311
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2 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
N9372447
MLSID
Contact Us
Property Description
4 Years old Luxury Valleymede Tower, Boutique building nestled in the Vibrant Heart of Richmond Hill. Bright & 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 Concierge and Great amenities. One(1) Parking + One(1) Locker.
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
Property Details
Street
Community
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
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingFlat10.01' x 21.16'Combined W/Dining, W/O To Balcony, Laminate
DiningFlat10.01' x 21.16'Combined W/Living, Open Concept, Laminate
KitchenFlat9.51' x 10.01'Quartz Counter, Backsplash, Ceramic Floor
DenFlat6.66' x 9.58', Separate Rm, Laminate
Prim BdrmFlat10.01' x 12.99'W/I Closet, 3 Pc Ensuite, Laminate
2nd BrFlat9.84' x 10.99'W/I Closet, Large Window, Laminate
Richmond Hill Market Statistics
Richmond Hill Price Trend
398 Highway 7 E 311 is a 2-bedroom 2-bathroom condo listed for sale at $838,000, which is $151,762 (22.1%) higher than the average sold price of $686,238 in the last 30 days (September 21 - October 20). During the last 30 days the average sold price for a 2 bedroom condo in Richmond Hill increased by $45,461 (7.1%) compared to the previous 30 day period (August 22 - September 20) and down $75,122 (9.9%) from the same time one year ago.
Inventory Change
There were 56 2-bedroom condos listed in Richmond Hill over the last 30 days (September 21 - October 20), which is up 14.3% compared with the previous 30 day period (August 22 - September 20) and down 17.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Richmond Hill typically sold ($18,373) (2.7%) below asking price over the last 30 days (September 21 - October 20), which represents a $7,843 increase compared to the previous 30 day period (August 22 - September 20) and ($9,903) 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 (September 21 - October 20) stood at 37.5%, up from 36.7% over the previous 30 days (August 22 - September 20) and up from 36.8% 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 31 days when successfully sold over the last 30 days (September 21 - October 20), compared to 66 days before being removed from the market upon being suspended or terminated.
Listing contracted with Landstars 360 Realty Inc.
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