$688,800

For sale

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#805 398 Highway 7 East, Richmond Hill (Doncrest) - Single Family for Sale

#805 398 Highway 7 East, Richmond Hill (Doncrest), Ontario, L4B0G6

3 beds2 baths1 parking ft²

#1011 8501 Bayview Avenue, Richmond Hill (Doncrest), Ontario, L4B3J7

3 bd2 ba2 pk1,300 ft²+$1422/mo

Listed by REMAX YOUR COMMUNITY REALTY

#805 398 Highway 7 East, Richmond Hill (Doncrest), Ontario, L4B0G6

For saleJust listed

2 days ago

$648K

#805 398 Highway 7 East, Richmond Hill (Doncrest), Ontario, L4B0G6

3 bd2 ba1 pk950 ft²+$924/mo

Listed by HOMELIFE LANDMARK REALTY INC.

#509 8763 Bayview Avenue, Richmond Hill (Doncrest), Ontario, L4B3V1

For saleJust listed

6 days ago

$379K

#509 8763 Bayview Avenue, Richmond Hill (Doncrest), Ontario, L4B3V1

1 ba1 pk250 ft²+$532/mo

Listed by POWER 7 REALTY

#99 9133 Bayview Avenue, Richmond Hill (Doncrest), Ontario, L4B4V7

For saleJust listed

6 days ago

$1.15M

#99 9133 Bayview Avenue, Richmond Hill (Doncrest), Ontario, L4B4V7

3 bd3 ba4 pk2,125 ft²+$853/mo

Listed by EXP REALTY

Investment analysis

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$688,800

Richmond Hill

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Description

Welcome to Valleymede Tower - one of the newest buildings in the neighbourhood! This stunning 2-bedroom + den, 2-bathroom unit offers an open-concept layout that is both bright and spacious. Enjoy unobstructed views and modern finishes, including laminate floor throughout, quartz kitchen counter tops and convenient under-cabinet sensor lights. Located with easy access to Hwy 404 & 407, and just steps away from shopping, restaurants, Viva/YRT transit, and all everyday amenities - this home truly has it all. Don't miss out on this perfect blend of comfort and convenience! (id:66096)

Property Details

MLS®: N13570888
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $924/mo
Fee Includes: Common Area Maintenance, Heat, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,222.84/yr
Listed: 111 days ago

Rooms

Main level

Living room: 6.1 x 3.05 meters
Dining room: 6.1 x 3.05 meters
Kitchen: 2.75 x 2.75 meters
Primary Bedroom: 3.96 x 3 meters
Bedroom 2: 3.5 x 3.05 meters
Den: 3.05 x 3.05 meters
Foyer: 1.98 x 1.28 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Market Timing

Days on market

111d

Richmond Hill (Doncrest) listings, avg age

65d

Price / ft²

$725

List price

$689K

Homes here sell faster than most markets

Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 97.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Area context

Neighbourhood profile (L4B)

This home lists at $688,800, about 7.1× the local median household income of $97,000.

Carrying it typically needs a household income of about $134,547 (20% down, 25-yr amortization, stress-tested) — roughly 39% above the area median.

Median household income: $97,000
Population: 36,080
Median age: 45.6
Owner / renter: 80% / 20%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA L4B)

$688,800· $725/ft²

For sale

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Full Cost Breakdown

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Down Payment6.37% · $43,880

Min 6.37%50%

Mortgage payment$3,576/mo

↳ CMHC premium ($25,797 capitalized)

Property tax (est.)$269/mo

Condo fee$924/mo

Total monthly$4,768

Cash Needed to Close

Down payment (6.37%)$43,880

Land transfer tax$10,251

Est. closing costs$4,566

Total cash needed$58,697

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

#805 398 Highway 7 East, Richmond Hill (Doncrest) - Single Family for Sale

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Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (L4B)

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