398 Highway 7 E 603

FOR SALE
$850,000
398 Highway 7  E 603, Richmond Hill
398 Highway 7  E 603
398 Highway 7  E 603
398 Highway 7  E 603
398 Highway 7  E 603
398 Highway 7  E 603
398 Highway 7  E 603
398 Highway 7  E 603
398 Highway 7  E 603
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2 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
N10419848
MLSID
Contact Us
Property Description
Location Location Location. Functional 2bedroom plus den with unobstructed East view. 9 feet ceiling, split bedrooms with W/I closets, upgraded modern kitchen with S/S appliances, upgraded smooth ceiling. Walking Distance To Restaurants, Banks, Parks and Public Transit. Minutes to Community Center, Schools, Groceries, Shops, Theatre, Golf Clubs, Langstaff GO Station, Richmond Hill Centre Transit Terminal, Hwy 404 and Hwy 407. 1 Parking And 1 Locker included.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-06-11 2024-11-11 153 $850,000 - Expired
Extras
All elfs & window coverings, fridge, stove, kitchen range hood, B/I dishwasher, washer & dryer
Nearby Intersections
Property Details
Street
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$2,908 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingFlat10.01' x 21.16'Combined W/Dining, Laminate, W/O To Balcony
DiningFlat10.01' x 21.16'Combined W/Family, Laminate, Open Concept
KitchenFlat9.51' x 10.01'Custom Backsplash, Open Concept
Prim BdrmFlat10.01' x 12.99'3 Pc Ensuite, W/I Closet, Large Window
2nd BrFlat9.84' x 10.99'Large Window, Laminate, W/I Closet
DenFlat6.66' x 9.58'Laminate
Richmond Hill Market Statistics
Richmond Hill Price Trend
398 Highway 7 E 603 is a 2-bedroom 2-bathroom condo listed for sale at $850,000, which is $159,424 (23.1%) higher than the average sold price of $690,576 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom condo in Richmond Hill increased by $4,338 (0.6%) compared to the previous 30 day period (September 21 - October 20) and up $6,302 (0.9%) from the same time one year ago.
Inventory Change
There were 50 2-bedroom condos listed in Richmond Hill over the last 30 days (October 21 - November 19), which is down 10.7% compared with the previous 30 day period (September 21 - October 20) and down 0.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Richmond Hill typically sold ($16,686) (2.4%) below asking price over the last 30 days (October 21 - November 19), which represents a $1,687 increase compared to the previous 30 day period (September 21 - October 20) and $16,294 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 (October 21 - November 19) stood at 52.0%, up from 37.5% over the previous 30 days (September 21 - October 20) and up from 30.0% 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 32 days when successfully sold over the last 30 days (October 21 - November 19), compared to 77 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife New World Realty Inc.
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