Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Doncrest. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $649,000 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.
TOP Ranking Schools including 9.9/10 St Roberts High School. This spacious 989 SF (924+65 Sf of balcony) two bedroom plus den condo located at 396 Highway 7 East. This exquisite residence boasts 9 FT ceilings throughout, creating an open atmosphere that welcomes you home. As you enter, you'll immediately be captivated by the unobstructed view and natural light that floods the living space, enhancing the overall ambiance. The principal bedroom is a true sanctuary featuring a luxurious 4-piece ensuite bathroom for your relaxation and convenience. Additionally a generous walk-in closet provides ample storage, making organization a breeze. The convenience of living at Valleymede Towers in Richmond Hill includes access to Viva rapid transit on Hwy 7, within minutes of major Highways 404 and 407, Shops in Time square and Shoppe of the parkway, Trendy restaurants in Beaver Creek and many more. This beautiful unit includes 1 Parking And 1 Locker.
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Auto Garage Door Remote, Built-In Oven, Carpet Free, Countertop Range, Primary Bedroom - Main Floor
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 396 Highway 7 Road E 302, Richmond Hill, ON L4B 0G7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Richmond Hill.
About Purchasing a Home in Richmond Hill, ON
For a property listed at $649,000 in Richmond Hill, the legal minimum down payment is $39,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $9,455 for this transaction. As this listing is in Richmond Hill (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $9,455.
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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.