398 Highway 7 Road, Unit 3, Richmond Hill, ON
Property no longer active
This property was sold on November 4, 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 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
- 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
Description
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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Property Summary
This condo apartment located at 398 Highway 7 Road, Richmond Hill is currently for sale and has been available on SousaSells for 373 days. This property is listed at $1,400,000 with an estimated mortgage of $4,660* per month. It has 3 beds, 3 bathrooms, and is 1400-1599 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.Yes! Featuring 3 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Doncrest, Richmond Hill.
- •3 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •1400-1599 sqft of generous functional square footage
Families, couples, or downsizers looking for a well-proportioned home in Richmond Hill.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Carpet Free
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 398 Highway 7 Road, Unit 3, Richmond Hill, ON
Q.What is the asking price for 398 Highway 7 Road, Unit 3, Richmond Hill, ON ?
The current listing price for 398 Highway 7 Road, Unit 3, Richmond Hill, ON in Doncrest, Richmond Hill is $1,400,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 3 bathrooms across approximately 1400-1599 sqft.
Q.What property type and architectural style is 398 Highway 7 Road, Unit 3, Richmond Hill, ON ?
398 Highway 7 Road, Unit 3, Richmond Hill, ON is a Condo Apartment (Apartment) featuring a None basement.
Q.What interior features are included in this home?
Interior highlights include: Carpet Free.
Q.Is parking available at this property?
Yes, this property offers parking space for 2.0 vehicles (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 Ph03, Richmond Hill, ON L4B 1A7
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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 $1,400,000 in Richmond Hill, the legal minimum down payment is $280,000 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 $24,475 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 $24,475.
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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.