398 Highway 7 E 815

FOR SALE
$608,000
398 Highway 7  E 815, Richmond Hill
398 Highway 7  E 815
398 Highway 7  E 815
398 Highway 7  E 815
398 Highway 7  E 815
398 Highway 7  E 815
398 Highway 7  E 815
398 Highway 7  E 815
398 Highway 7  E 815
398 Highway 7  E 815
398 Highway 7  E 815
398 Highway 7  E 815
398 Highway 7  E 815
398 Highway 7  E 815
398 Highway 7  E 815
398 Highway 7  E 815
398 Highway 7  E 815
398 Highway 7  E 815
398 Highway 7  E 815
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
N11897304
MLSID
Contact Us
Property Description
Valleymede Condo Tower B At The Prime Location. Very Functional & Spacious 1 Bedroom + Den Suite Facing North With Lot Of Natural Light And Unobstructed View! Modern Kitchen With Quartz Countertop & Stainless Steel Appliances. Den Can Be Used As 2nd Bedroom. High Smooth Ceiling, Enjoy The Quiet North Facing Balcony. Close to ALL Amenities, Transit & Hwy 404 & 407. Unit Comes With 1 Parking & 1 Locker.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-07-13 2024-11-30 140 $618,000 - Expired
2024-05-23 2024-09-11 111 $2,500 - Terminated
2022-07-29 2022-10-13 76 $728,000 - Terminated
2022-10-08 2022-10-12 5 $2,350 $2,350 Leased
2021-03-22 2021-04-06 15 $1,800 $1,800 Leased
2019-11-29 2020-02-17 82 $2,000 $2,000 Leased
Extras
Stainless Steel Fridge, Oven, Range Hood, Cooktop, Dishwasher, Washer & Dryer. All Electrical Light Fixtures. All Window Coverings.
Nearby Intersections
Property Features
Clear View, Public Transit, School
Property Details
Street
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,282 (2024)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (B)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingFlat10.01' x 18.18'W/O To Balcony, Combined W/Dining, Laminate
DiningFlat10.01' x 18.18'Combined W/Living, Laminate
DenFlat7.25' x 8.23'Laminate
BrFlat10.01' x 11.48'Large Window, Closet, Laminate
Richmond Hill Market Statistics
Richmond Hill Price Trend
398 Highway 7 E 815 is a 1-bedroom 1-bathroom condo listed for sale at $608,000, which is $75,358 (14.1%) higher than the average sold price of $532,642 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 1 bedroom condo in Richmond Hill declined by $22,176 (4.0%) compared to the previous 30 day period (November 19 - December 18) and down $65,278 (10.9%) from the same time one year ago.
Inventory Change
There were 24 1-bedroom condos listed in Richmond Hill over the last 30 days (December 19 - January 17), which is down 0.0% compared with the previous 30 day period (November 19 - December 18) and down 0.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Richmond Hill typically sold ($16,703) (3.1%) below asking price over the last 30 days (December 19 - January 17), which represents a $792 increase compared to the previous 30 day period (November 19 - December 18) and ($16,666) 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 1-bedroom condos in Richmond Hill over the last 30 days (December 19 - January 17) stood at 58.3%, down from 91.7% over the previous 30 days (November 19 - December 18) and down from 62.5% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Richmond Hill stood at 45 days when successfully sold over the last 30 days (December 19 - January 17), compared to 66 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife Broadway Realty Inc.
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