398 Highway 7 E 711
Doncrest, Richmond Hill, L4B 0G6
FOR SALE
$599,000
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2 + 1
BEDROOMS2
BATHROOMS1
KITCHENS6
ROOMSN8255606
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Property Description
Fantastic building by Times Group. Functional layout with 2 bedroom + den in the heart of Richmond Hill. 2 baths, split bedrooms, open concept living/dining area facing huge balcony, modern kitchen with quartz Counter & S/S appliances, primary bedroom with W/I closet & ensuite bath., den can be used as 3rd bedroom. 2 parking spaces. Viva at doorsteps, walking distance to restaurants, shops, mins to Hwys 404 & 407, close to all amenities, 24 Hr concierge, building amenities include concierge, gym, party/meeting room, visitor parking & more.
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Extras
Two parking spaces and one locker. Condo fee includes internet.
Nearby Intersections
Property Features
Hospital, Park, Place Of Worship, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$3,091 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (B/171)
Parking 2
Owned (B/171)
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/Living, Laminate, Open Concept |
| Kitchen | Flat | 9.51' x 10.01' | Open Concept, Laminate, Stainless Steel Appl |
| Den | Flat | 6.66' x 9.58' | Laminate |
| Prim Bdrm | Flat | 10.01' x 12.99' | 3 Pc Ensuite, W/I Closet, Large Window |
| 2nd Br | Flat | 9.84' x 10.99' | W/I Closet, Laminate, Large Window |
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Richmond Hill Market Statistics
Richmond Hill Price Trend
398 Highway 7 E 711 is a 2-bedroom 2-bathroom condo listed for sale at $599,000, which is $144,314 (19.4%) lower than the average sold price of $743,314 in the last 30 days (April 3 - May 2). During the last 30 days the average sold price for a 2 bedroom condo in Richmond Hill increased by $30,100 (4.2%) compared to the previous 30 day period (March 4 - April 2) and up $18,444 (2.5%) from the same time one year ago.Inventory Change
There were 75 2-bedroom condos listed in Richmond Hill over the last 30 days (April 3 - May 2), which is up 15.4% compared with the previous 30 day period (March 4 - April 2) and up 127.3% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Richmond Hill typically sold ($8,962) (1.2%) below asking price over the last 30 days (April 3 - May 2), which represents a $9,970 increase compared to the previous 30 day period (March 4 - April 2) and ($13,035) 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 (April 3 - May 2) stood at 46.7%, up from 43.1% over the previous 30 days (March 4 - April 2) and down from 93.9% 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 32 days when successfully sold over the last 30 days (April 3 - May 2), compared to 43 days before being removed from the market upon being suspended or terminated.Listing contracted with Hc Realty Group Inc.
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