398 Highway 7 Road, Richmond Hill, ON
Property Highlights
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 $559,000 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 800-899 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Luxurious Valleymede Tower In High Demand Location at Bayview and Highway 7, Enjoy The Convenience Form Surrounding, Restaurants, Banks, Highways and Viva bus, Future T&T Supermarket. Well Maintained Modern Design with Two Split Bright and Spacious Bedrooms, Laminate Flooring Through Out. Master Bedroom with Custom Build-in Closet and 3-piece Ensuite Bathroom. The Second Bedroom Offers Flexibility As A Guest Room, Home Office, Or Children's Bedroom-Both Generous In Size. The Modern Open Concept Kitchen with Quartz Countertops, Backsplash, Stainless Steel Appliances. Valleymede Towers is its Incredible Selection of Luxuriously Appointed Amenities, Including Fitness Studio, Library, Billiards Lounge, Multi-purpose/Party Room. Move-in Condition, High Speed Internet, One Locker and Parking included.
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Pricing & Value Insights
Data-driven valuation for 398 Highway 7 Road E 1209, Richmond Hill, ON L4B 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 $559,000 in Richmond Hill, the legal minimum down payment is $30,900 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 $7,655 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 $7,655.
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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.