$648,000

For saleJust listed

#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 parking950 ft²$924/mo condo feeListed 2 days ago

Overview

This 3-bedroom, 2-bathroom condo in Richmond Hill is for sale offering roughly 950 sq ft of space. It has been on the market 2 days, fresher than the Richmond Hill average of 67 days.

Condos for Sale in Richmond Hill →All real estate in Richmond Hill →

Description

Welcome to Valleymede Tower - one of the newest buildings in the neighborhood! 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. Ceiling Lights newly replaced. 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®: N14137826
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: 2 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.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan, Blinds
Flooring: Laminate, Ceramic
Exterior: Concrete, Brick
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Richmond Hill (Doncrest) listings, avg age

67d

Price / ft²

$682

List price

$648K

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.

Haho

This 3-bed single family in Richmond Hill (Doncrest) has been listed for 2 days, which is 65 days fresher than the city average of 67. Act while there is still low competition.

Set a price alert Book a showing

Listed by HOMELIFE LANDMARK REALTY INC. · JENNY PANG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4B)

This home lists at $648,000, about 6.7× the local median household income of $97,000.

Carrying it typically needs a household income of about $126,577 (20% down, 25-yr amortization, stress-tested) — roughly 30% 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)

$648,000· $682/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment6.14% · $39,800

Min 6.14%50%

Mortgage payment$3,372/mo

↳ CMHC premium ($24,328 capitalized)

Property tax (est.)$269/mo

Condo fee$924/mo

Total monthly$4,564

Cash Needed to Close

Down payment (6.14%)$39,800

Land transfer tax$9,435

Est. closing costs$4,444

Total cash needed$53,679

Get Pre-Approved · Free & Fast

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

Rental cashflow calculator