398 Highway 7 Road, Richmond Hill, ON

$1,400,000
MLS#:N12314173
3 beds
3 baths
1400-1599 sqft
2.0 parking
Residential Condo & Other
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Description

Property Highlights

Welcome to this remarkable ["Apartment"] condo apartment located in the coveted neighborhood of Doncrest. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $1,400,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1400-1599 sqft
  • Features a ["none"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

You must see , rarely available corner suite in the prestigious Valleymede Towers a perfect transition from a house to condo living. This luxurious 3 Bedrooms: 1460 sqf with 460 sqf terrace and additional balcony. Ideal for families or those desiring extra space. High-End Finishes: Crown moulding, quartz countertops, and stainless steel appliances Smart Security: Keyless entry system for enhanced safety. Expansive Balcony, Enjoy breathtaking views from your private outdoor space. Parking & Storage: Two side-by-side parking spots on P1 and one locker included top-notch amenities, including a state-of-the-art fitness studio, a vibrant multi-purpose/party room, a library, and a billiards lounge. Steps to Viva Transit, connecting you to TTC and GO Transit.

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Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
1400-1599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJuly 30, 2025
Sold price information is available to members only
Listed Date7/29/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
ConstructionBrick, Concrete
CountyYork
Annual Tax$4,768.45

Parking & Garage

Parking Spaces2.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Community Features

Location

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398 Highway 7 Road, Richmond Hill, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 398 Highway 7 Road E Ph03, Richmond Hill, ON L4B 1A7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$1,120,000
Monthly Mortgage$6,508
Property Tax (Est.)$397
Utilities & Maint.$350
Total Monthly Cost$7,255

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Richmond Hill.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Doncrest, Richmond Hill.

Verified Local Data
City Population202,022
City Median Age42.4 Yrs
City Ownership78% Owners
Avg Area List Price$1,404,310

People & Families

Age Distribution

Household Composition

One-person households
18%
Families with children
50%
Couples without children
27%
Other households
5%

Top Ethnic Origins

Chinese30%
Iranian11%
Canadian8%
Italian7%

Local Schools Guide

Elementary Schools

Christ the King
Public329 Valleymede Drive, Richmond Hill, Ontario, L4B 2E1
8.9
Doncrest
PublicRichmond Hill, Ontario
8.3
Red Maple
Public155 Red Maple Road, Richmond Hill, Ontario, L4B 4P9
6.7
Bayview Hill
Public81 Strathearn Avenue, Richmond Hill, Ontario, L4B 2J5
8.0
Sixteenth Avenue
Public400 16th Avenue, Richmond Hill, Ontario, L4C 7A9
6.5

Secondary Schools

Thornlea
Public8075 Bayview Avenue, Markham, Ontario, L3T 4N4
8.9
Richmond Hill
Public189 Weldrick Road East, Richmond Hill, Ontario, L4C 0A6
8.3
St. Robert
Catholic8101 Leslie Street, Markham, Ontario, L3T 7P4
10.0
Langstaff
Public106 Garden Avenue, Richmond Hill, Ontario, L4C 6M1
5.2
Bayview
Public10077 Bayview Avenue, Richmond Hill, Ontario, L4C 2L4
9.2

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied78%
Rented22%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.