398 Highway7 E 106

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398 Highway7  E 106, Richmond Hill
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2 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
6 + 1
ROOMS
N8211508
MLSID
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Property Description
Welcome To Valleymede Towers, Luxury 2+1 Br, 896 Sqf, 10Ft Ceilling,2 Washroom,1Parking,1Locker,Huge Terrace, Bright And Spacious Corner Unit, Laminate Floor throughout, Modern Kitchen With Quarts Countertop & Backsplash, Under Cabinet Lighting .Gym, Library, Party Room, Billiards, Steps To Viva Transit, Plaza, Restaurants.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-02-03 2024-04-08 65 $793,000 - Terminated
Extras
All Existing Light Fixtures, Window Coverings, B/I Microwave, Fridge, Stove, Range Hood, Dishwasher, Washer, Dryer.
Nearby Intersections
Property Details
Street
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$2,918 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
Prim BdrmFlat10.01' x 12.20'4 Pc Ensuite, Laminate
2nd BrFlat10.01' x 11.48', Laminate
LivingFlat10.83' x 18.11'
DiningFlat10.83' x 18.11', Laminate
KitchenFlat10.83' x 18.11', Laminate
Richmond Hill Market Statistics
Richmond Hill Price Trend
398 Highway7 E 106 is a 2-bedroom 2-bathroom condo listed for sale at $753,000, which is $15,236 (2.1%) higher than the average sold price of $737,764 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 2 bedroom condo in Richmond Hill increased by $14,688 (2.0%) compared to the previous 30 day period (February 29 - March 29) and up $12,474 (1.7%) from the same time one year ago.
Inventory Change
There were 72 2-bedroom condos listed in Richmond Hill over the last 30 days (March 30 - April 28), which is up 10.8% compared with the previous 30 day period (February 29 - March 29) and up 100.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Richmond Hill typically sold ($19,140) (2.6%) below asking price over the last 30 days (March 30 - April 28), which represents a $2,421 decrease compared to the previous 30 day period (February 29 - March 29) and ($15,411) 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 (March 30 - April 28) stood at 47.2%, up from 40.0% over the previous 30 days (February 29 - March 29) and down from 86.1% 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 36 days when successfully sold over the last 30 days (March 30 - April 28), compared to 42 days before being removed from the market upon being suspended or terminated.
Listing contracted with U Dream Home Realty
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