398 Highway 7 E 711

FOR SALE
$818,000
398 Highway 7  E 711, Richmond Hill
398 Highway 7  E 711
398 Highway 7  E 711
398 Highway 7  E 711
398 Highway 7  E 711
398 Highway 7  E 711
398 Highway 7  E 711
398 Highway 7  E 711
398 Highway 7  E 711
398 Highway 7  E 711
398 Highway 7  E 711
398 Highway 7  E 711
398 Highway 7  E 711
398 Highway 7  E 711
398 Highway 7  E 711
398 Highway 7  E 711
398 Highway 7  E 711
398 Highway 7  E 711
398 Highway 7  E 711
398 Highway 7  E 711
398 Highway 7  E 711
398 Highway 7  E 711
398 Highway 7  E 711
398 Highway 7  E 711
398 Highway 7  E 711
398 Highway 7  E 711
398 Highway 7  E 711
398 Highway 7  E 711
398 Highway 7  E 711
398 Highway 7  E 711
398 Highway 7  E 711
398 Highway 7  E 711
398 Highway 7  E 711
398 Highway 7  E 711
398 Highway 7  E 711
398 Highway 7  E 711
398 Highway 7  E 711
398 Highway 7  E 711
398 Highway 7  E 711
398 Highway 7  E 711
398 Highway 7  E 711
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2 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
N8448440
MLSID
Contact Us
Property Description
Fantastic building by Times Group nestled in the heart of Richmond Hill. 2 bedrooms plus den functional layout unit. 955 sq. ft. plus 80 sq. ft. balcony, split bedrooms with 2 baths, open concept living/dining area with w/o to the huge balcony, upgraded smooth ceiling , 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. Desirable location close to all amenities, Viva at doorsteps, walking distance to restaurants, shops, mins drive to Hwys 404 & 407. Building facilities include 24 hr concierge, gym, party/meeting room, visitor parking, bike storage & more.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-05-11 2024-06-17 37 $868,000 - Terminated
2024-04-21 2024-05-11 20 $599,000 - Terminated
Extras
Two parking spaces and one locker. Condo fee includes internet. Status certificate available upon request.
Nearby Intersections
Property Features
Hospital, Park, Place Of Worship, Public Transit, Rec Centre, School
Property Details
Street
Community
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
Room Summary
RoomLevelSizeFeatures
LivingFlat10.01' x 21.16'Combined W/Dining, Laminate, W/O To Balcony
DiningFlat10.01' x 21.16'Combined W/Living, Laminate, Open Concept
KitchenFlat9.51' x 10.01'Open Concept, Laminate, Stainless Steel Appl
Prim BdrmFlat10.01' x 12.99'3 Pc Ensuite, W/I Closet, Large Window
2nd BrFlat9.84' x 10.99'W/I Closet, Laminate, Large Window
DenFlat6.66' x 9.58'Laminate, Open Concept
Richmond Hill Market Statistics
Richmond Hill Price Trend
398 Highway 7 E 711 is a 2-bedroom 2-bathroom condo listed for sale at $818,000, which is $105,036 (14.7%) higher than the average sold price of $712,964 in the last 30 days (May 31 - June 29). During the last 30 days the average sold price for a 2 bedroom condo in Richmond Hill declined by $53,461 (7.0%) compared to the previous 30 day period (May 1 - May 30) and down $61,281 (7.9%) from the same time one year ago.
Inventory Change
There were 61 2-bedroom condos listed in Richmond Hill over the last 30 days (May 31 - June 29), which is up 5.2% compared with the previous 30 day period (May 1 - May 30) and down 4.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Richmond Hill typically sold ($17,921) (2.5%) below asking price over the last 30 days (May 31 - June 29), which represents a $11,483 increase compared to the previous 30 day period (May 1 - May 30) and $5,267 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 (May 31 - June 29) stood at 45.9%, up from 34.5% over the previous 30 days (May 1 - May 30) and down from 79.7% 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 38 days when successfully sold over the last 30 days (May 31 - June 29), compared to 42 days before being removed from the market upon being suspended or terminated.
Listing contracted with Hc Realty Group Inc.
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