398 Highway 7 Road, Unit 01, Richmond Hill, ON
Property no longer active
This property was sold on May 30, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Doncrest. Expertly crafted featuring premium brick and insulbrick construction, this residence presents an exceptional opportunity offered at $498,880 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 600-699 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 398 Highway 7, Unit 601. This 1+1 Condo beautifully designed offering a smart and versatile layout the spacious den easily functions as a home office or second bedroom. The sleek, modern kitchen is equipped with integrated stainless steel appliances and a custom quartz island with ample storage, perfect for cooking and entertaining. The Sun filled primary bedroom features a generous view and ample closet space, while the 4-piece bathroom includes a deep soaker tub for ultimate relaxation. Finished with quality materials and laminate flooring throughout, this unit is both stylish and comfortable. Enjoy the convenience of being just minutes to the GO Station, with shopping, dining, supermarkets, transit, and quick access to Highways 404 & 407 all at your doorstep.Building Amenities: Concierge service, party & meeting room, gym, library, guest suites, and more! Extras: Built-in stainless steel fridge, cooktop, oven, microwave, range hood, dishwasher; full-size washer & dryer, roller blinds, all existing light fixtures. 1 Parking & 1 Locker included, located on P1. Rogers Internet included in maintenance fees.
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Property Summary
This condo apartment located at 398 Highway 7 Road, Richmond Hill is currently for sale and has been available on SousaSells for 468 days. This property is listed at $498,880 with an estimated mortgage of $1,661* per month. It has 2 beds, 1 bathroom, and is 600-699 square feet. 398 Highway 7 Road, Richmond Hill is in the Doncrest neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Doncrest, Richmond Hill.
- •2 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •600-699 sqft of generous functional square footage
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Richmond Hill.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Clear View
- Park
- Public Transit
- Ravine
- School
Interior Features
- None
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 398 Highway 7 Road, Unit 01, Richmond Hill, ON
Q.What is the asking price for 398 Highway 7 Road, Unit 01, Richmond Hill, ON ?
The current listing price for 398 Highway 7 Road, Unit 01, Richmond Hill, ON in Doncrest, Richmond Hill is $498,880.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 1 bathroom across approximately 600-699 sqft.
Q.What property type and architectural style is 398 Highway 7 Road, Unit 01, Richmond Hill, ON ?
398 Highway 7 Road, Unit 01, Richmond Hill, ON is a Condo Apartment (Apartment) featuring a None basement.
Q.What key property features does 398 Highway 7 Road, Unit 01, Richmond Hill, ON offer?
Key property features include: Clear View, Park, Public Transit, Ravine, School.
Q.What interior features are included in this home?
Interior highlights include: None.
Q.Is parking available at this property?
Yes, this property offers parking space for 1.0 vehicle (Underground).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 398 Highway 7 Road E 601, Richmond Hill, ON L4H 0G6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Richmond Hill, ON
For a property listed at $498,880 in Richmond Hill, the legal minimum down payment is $24,944 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 $6,453 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 $6,453.
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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.