398 Highway 7 E 603
Doncrest, Richmond Hill, L4B 0G6
FOR SALE
$688,000
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2 + 1
BEDROOMS2
BATHROOMS1
KITCHENS6
ROOMSN11956743
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Property Description
Welcome to this sophisticated luxury condo in the heart of Richmond Hill! Offering nearly 1,000 sq. ft. of meticulously designed living space, this remarkable unit features one (1) parking spot, one (1) locker, two spacious bedrooms both with Walk in Closet, an oversized den could be an extra bedroom or home office, and two full bathrooms. Enjoy the Freshly Paint, elegance of smooth ceilings throughout and a modern kitchen upgraded with quartz countertops and a seamless one-piece marble backsplash, all complemented by sleek laminate flooring. Bask in breathtaking east-facing, unobstructed views while relishing the convenience of being just steps from Viva Transit, banks, restaurants, and shopping, with effortless access to Hwy 404/407. Dont miss this incredible opportunity schedule your viewing today!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-11-12 | 2025-02-01 | 81 | $850,000 | - | Terminated |
| 2024-06-11 | 2024-11-11 | 153 | $850,000 | - | Expired |
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$3,090 (2025)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned (Level A)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 10.01' x 21.16' | Combined W/Dining, Laminate, W/O To Balcony |
| Dining | Flat | 10.01' x 21.16' | Combined W/Family, Laminate, Open Concept |
| Kitchen | Flat | 9.51' x 10.01' | Custom Backsplash, Open Concept |
| Prim Bdrm | Flat | 10.01' x 12.99' | 3 Pc Ensuite, W/I Closet, Large Window |
| 2nd Br | Flat | 9.84' x 10.99' | Large Window, Laminate, W/I Closet |
| Den | Flat | 6.66' x 9.58' | Laminate |
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Richmond Hill Market Statistics
Richmond Hill Price Trend
398 Highway 7 E 603 is a 2-bedroom 2-bathroom condo listed for sale at $688,000, which is $10,309 (1.5%) lower 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 Century 21 The One Realty
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