398 Highway 7 St E 305
Doncrest, Richmond Hill, L4B 0G6
FOR SALE
$899,000
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BEDROOMS2
BATHROOMS1
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Property Description
Luxurious Condo * The heart of Richmond Hill * Spacious unit offers a functional layout with 930 square feet of living space * 80 square foot balcony boasting unobstructed east views * Enjoy the convenience of two parking spots included * The unit features 2+1 bedrooms along with 2 full bathrooms * The open concept living and dining area is perfect for entertaining * With over $50,000 in upgrades compared to similar units, highlights include an additional parking spot, LED lighting, Fotile range hood, extra-deep kitchen cabinets, upgraded tiles in the kitchen and master ensuite, flooring, and more
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-05-28 | 2024-09-13 | 108 | $999,000 | - | Suspended |
| 2021-10-26 | 2021-10-26 | 0 | $838,000 | $835,000 | Sold |
| 2021-10-14 | 2021-10-26 | 12 | $788,000 | - | Terminated |
Property Features
Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$2,296 (2023)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
2
Parking 1
Owned (Level B)
Parking 2
Owned (Level B)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 10.01' x 20.01' | Combined W/Dining, W/O To Balcony, Laminate |
| Dining | Main | 10.01' x 20.01' | Combined W/Living, Led Lighting, Laminate |
| Kitchen | Main | 6.73' x 10.50' | Quartz Counter, Stainless Steel Appl, Tile Floor |
| Den | Main | 10.33' x 10.01' | Open Concept, Led Lighting, Laminate |
| Br | Main | 9.15' x 12.99' | 3 Pc Ensuite, W/I Closet, Laminate |
| 2nd Br | Main | 10.01' x 11.48' | Led Lighting, Double Closet, Laminate |
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Richmond Hill Market Statistics
Richmond Hill Price Trend
398 Highway 7 St E 305 is a 2-bedroom 2-bathroom condo listed for sale at $899,000, which is $208,424 (30.2%) 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 Re/Max Partners Realty Inc.
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