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    311 - 398 Highway 7 E

    $699,8002 bds2 ba1 pk955 sqft
    6 Days on Strata
    Est Sell Timeframe:
    21 Days
    $699,800
    2 Beds + 1
    2 Bath
    1 Parking
    955 SQFT

    Listing History


    Details

    Property Type:

    Condo

    Maintenance Fees:

    $913/mth

    Taxes:

    $3,126 (2024)

    Cost Per Sqft:

    $733/sqft

    Outdoor Space:

    Balcony

    Locker:

    Owned

    Exposure:

    West

    Possession Date:

    Immediately/TBA

    Amenities

    Rec Room
    Visitor Parking
    Party Room
    Concierge
    Indoor Parking
    Guest Suites
    Games Room
    Gym
    Security System

    About this Listing

    5 Years old Luxury Valleymede Tower, Boutique building with 24hrs Concierge nestled in the Vibrant Heart of Richmond Hill. Sun-filled unit Facing Quiet & Open Inner Garden Court. 955 sq ft Interior + 80 Sq ft Balcony. Functional 2 Split Bedrooms with own Walk-in closet . Open Concept Layout and a Good sized Den. Large Balcony with Quiet & Open view . 9ft ceiling. Modern designed Kitchen with Quartz Bar Top Countertop/Backsplash. Well kept unit, strictly move in condition. Steps to VIVA Bus station(Valleymede Dr)/YRT, Plaza with restaurants, Retail & Banks. Minutes drive to Hwy 404 & 407. 24hrs. Great amenities. One(1) Parking + One(1) Locker.

    ExtrasExisting S/S Fridge, Stove, B/I Dishwasher, Microwave and Kitchen Exhaust. Existing Stacked Washer/Dryer. All existing light fixtures & vertical blind.

    landstars 360 realty inc.MLS® #N12064096

    Fees & Utilities

    Maintenance Fees

    Included in Fees
    Heat
    Parking
    Building Maintenance
    Building Insurance
    Not Included
    Hydro
    Air Conditioning
    Water

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    No Data

    Heating

    Forced Air

    Room Dimensions

    Living

    Combined with Dining, Walkout To Balcony, Laminate

    21.16 x 10.01ft

    Dining

    Combined with Living, Open Concept, Laminate

    21.16 x 10.01ft

    Kitchen

    Quartz Counter, Backsplash, Ceramic Floor

    10.01 x 9.51ft

    Den

    Separate Room, Laminate

    9.58 x 6.66ft

    Primary

    Walk-in Closet, 3 Piece Ensuite, Laminate

    12.99 x 10.01ft

    2nd Bedroom

    Walk-in Closet, Large Window, Laminate

    10.99 x 9.84ft

    Buyer's Market
    Balanced
    Seller's Market

    Similar Listings

    Explore Doncrest


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    7/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    5/10
    Transit
    It's a dice roll — but hey, sometimes you roll a six!
    6/10
    Bikeability
    The bike lane starts to feel like a second home.

    Mortgage Calculator


    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    28,740
    Average Individual Income
    $83,140
    Average Household Size
    2 persons
    Average Age
    44
    Average Household Income
    $148,314
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    20%
    20 - 34
    18%
    35 - 49
    22%
    50 - 64
    22%
    65+
    14%
    Household Income
    $0 - $30,000
    40%
    $30,000+
    22%
    $60,000+
    16%
    $90,000+
    11%
    $125,000+
    8%
    Housing Types & Tenancy
    Detached
    78%
    Semi Detached
    12%
    Duplex
    3%
    Low Rise Apartment
    2%
    High Rise Apartment
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    86%
    Other
    8%
    Mandarin
    3%
    Cantonese
    2%
    Russian
    1%
    Education
    High School
    29%
    University and Above
    27%
    College
    20%
    None
    15%
    Apprenticeship
    5%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    23%
    Architecture & Engineering
    19%
    Social Sciences
    14%
    Health & Related Fields
    11%
    Personal, Protective & Transportation Services
    5%
    Humanities
    5%
    Math & Computer Sciences
    5%
    Education
    5%
    Physical Sciences
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%


    Days on Strata

    Units at Valleymede Towers Condos spend an average of
    34
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Doncrest

    Turnover of Units

    On average, each unit is owned for
    5
    YEARS before being sold again

    Property Value

    -10%
    Decrease in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 12 condos in the Doncrest area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    15
    Units were Rented over the past twelve months

    Best Value Rank

    Valleymede Towers Condos offers the
    ?
    best value out of 12 condos in the Doncrest neighbourhood

    Appreciation Rank

    Valleymede Towers Condos has the
    ?
    highest ROI out of 12 condos in the Doncrest neighbourhood

    Rental Yield

    Valleymede Towers Condos yields the
    ?
    highest rent prices out of 12 condos in the Doncrest neighbourhood

    High Demand

    Valleymede Towers Condos is the
    ?
    most popular building out of 12 condos in the Doncrest neighbourhood

    Market Insights

    Transaction Insights at Valleymede Towers Condos

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$615,000No Data$760,000 - $910,000No Data
    Avg. Cost Per SqftNo Data$993No Data$787No Data
    Avg. Wait for Unit AvailabilityNo Data88 Days139 Days109 Days55 Days
    Ratio of Units in Building12%39%17%28%5%

    Market Inventory

    Total number of units listed and sold in Doncrest


    The information on this website is taken from sources deemed reliable. However, the accuracy cannot be guaranteed and it is the responsibility of the website user to personally verify all information. The property information herein is derived from various sources that may include, but are not limited to, municipal records and the Multiple Listing Service, and may include approximations.

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