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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Richmond Hill
  • Doncrest
  • 396 Highway 7 E
396-highway-7-na-e-e-richmond-hill-ontario-n12298410
396-highway-7-na-e-e-richmond-hill-ontario-n12298410
396-highway-7-na-e-e-richmond-hill-ontario-n12298410
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  • Sold Sold in Aug 2025
  • Condo Apt

516 - 396 Highway 7 E

Richmond Hill, Doncrest
  • 1 + 1 Bedrooms
  • 1 Bathrooms
  • 1 Garage
  • Share
Sold Price: $ 530,000
5.19%
Listed Price: $ 559,000
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Key Facts About 516 - 396 Highway 7 E, Richmond Hill

  • Tax $2,303 / 2024
  • Property Type Condo
  • Building Type Condo Apt
  • Building Style Apartment
  • Maintenance Fees $618.95
  • Size 600 - 699 feet²
  • Listing # N12298410
  • Data Source PROPTX
  • Days on Market 14
  • Listed On 21/07/2025
  • Updated On 04/11/2025
  • Market Demand
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Description

Luxurious Valleymede Tower A. Spacious 1 Bedroom Plus Den 628 Sq. Ft. 9 FT. Ceiling. Den Can Be 2nd Bedroom. Open Concept Kitchen/Dining/Living Room. Modern Kitchen With Modern Cabinets, Quartz Counter-top, Back Splash, Double Sink and Stainless Steel Appliances. Quiet North Facing, Bright Bedroom with big Window. Demand Location, Close To All Amenities, Restaurants, Shopping, Grocery, Banks, Public Transit, 404/407 Etc. 24Hr Concierge, 6 Appliances, Luxurious Condo Living.

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Property Details of 516 - 396 Highway 7 E, Richmond Hill

Property

  • Property Type Condo Apt
  • Style Apartment
  • Community Doncrest
  • Municipality Richmond Hill

Inside

  • Bedrooms 1
  • Bathrooms 1
  • Kitchen 1
  • Rooms 4
  • Family Rooms N
  • Central Vac N
  • Fireplace Y

Utilities

  • Cooling Central Air
  • Heating Type Forced Air
  • Heating Fuel Gas

Building

  • Size 600 - 699 feet²
  • Architecture Style Apartment
  • Exterior Feature Concrete

Parking

  • Garage Type Underground
  • Garage 1
  • Total Parking Places 1

Land

  • Cross Street Hwy 7 E./Valleymede

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Our Estimate

See Real Estate Market Trends in Richmond Hill

Estimated Rent

$ 2,507

Rental Yield

4.72%

School Score

9.6/10

Rental Score

4.5/5

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Rooms

Living Room (5.97X3.05 metre)
Level: Flat
Dining Room (5.97X3.05 metre)
Level: Flat
Kitchen (5.97X3.05 metre)
Level: Flat
Bedroom (3.66X3.05 metre)
Level: Flat
Den (2.44X2.13 metre)
Level: Flat

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,100

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0
  • Estoppel Certificate Fee
    $100

Monthly Expenses After Home Purchase

$1,188

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $619
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MLS® Trusted listing from Toronto Real Estate Board The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.

Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 516 - 396 Highway 7 E, Richmond Hill

Welcome to the exquisite apartment for sale in Richmond Hill , located at 396 Highway 7 N/a E E, Richmond Hill. This luxurious condo, nestled in the highly sought-after Valleymede Tower A, boasts a spacious layout of 628 square feet, designed to offer both comfort and style. With a modern aesthetic and a thoughtful floor plan, this apartment is perfect for anyone looking to enjoy the vibrant lifestyle that Richmond Hill has to offer.

As you enter this delightful apartment for sale in Richmond Hill, you are greeted by an open-concept kitchen, dining, and living area that is perfect for entertaining or simply relaxing after a long day. The kitchen is a true highlight, featuring contemporary cabinets, a stunning quartz countertop, and a tasteful backsplash that adds a touch of elegance. Equipped with stainless steel appliances, including a double sink, this kitchen is both functional and stylish, making it a joy to prepare meals.

The apartment features one generously sized bedroom, which is bright and inviting, thanks to its large window that allows natural light to flood the space. This quiet, north-facing bedroom provides a peaceful retreat for rest and relaxation. Additionally, there is a den that can easily serve as a second bedroom, offering flexibility for guests or a home office. The apartment includes one bathroom, which is well-appointed and designed for convenience.

One of the standout features of this apartment for sale in Richmond Hill is the impressive 9-foot ceilings that create an airy and spacious feel throughout the home. With a total of four rooms, including the den, this apartment is thoughtfully designed to maximise space and functionality. The central air conditioning ensures that you remain comfortable throughout the year, while the forced air heating system provides warmth during the colder months.

Residents of this luxurious condo can enjoy the convenience of an underground garage space, providing secure parking for your vehicle. Although there is no additional parking space or central vacuum system, the benefits of living in such a well-located and modern apartment far outweigh these minor considerations. The building does not feature a pool, but with the abundance of amenities nearby, you’ll find plenty of options for recreation and leisure.

The location of 396 Highway 7 N/a E E, Richmond Hill, is simply unbeatable. Situated in the vibrant community of Doncrest, this apartment for sale in Richmond Hill is close to a myriad of amenities, including restaurants, shopping centres, grocery stores, banks, and public transit options. The proximity to major highways 404 and 407 makes commuting a breeze, allowing you to easily access the greater Toronto area.

For those who appreciate a touch of luxury, the building offers a 24-hour concierge service, ensuring that residents feel secure and well-cared for at all times. With six appliances included, you will have everything you need to settle in and start enjoying your new home right away. The unfurnished nature of the apartment allows you to personalise the space to reflect your own style and preferences.

In summary, this apartment for sale in Richmond Hill at 396 Highway 7 N/a E E, Richmond Hill, presents a fantastic opportunity for those seeking a modern and luxurious living experience. With its spacious layout, contemporary features, and prime location, this condo is ideal for individuals or couples looking to embrace the vibrant lifestyle that Richmond Hill has to offer. Don’t miss out on the chance to make this stunning apartment your new home!

Doncrest, nestled within the vibrant city of Richmond Hill, is a charming residential neighbourhood characterised by its serene tree-lined streets and a diverse array of housing options, from modern townhouses to spacious single-family homes. The area boasts excellent amenities, including well-regarded schools, parks, and shopping centres, making it an ideal locale for families and professionals alike. With its close proximity to major transportation routes, residents enjoy convenient access to Toronto and beyond, while the community's tranquil atmosphere offers a welcome retreat from the hustle and bustle of city life. Doncrest truly embodies a harmonious blend of suburban comfort and urban accessibility.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an ideal choice for families. Within a short distance, you will find Doncrest Public School, an esteemed elementary school offering both English and French programs for grades JK to 8, just 1.2 km away, with a high school rating of 9.2. Additionally, Adrienne Clarkson Public School is located only 0.8 km from the property, providing a French-language curriculum for grades 2 to 8. For secondary education, Thornlea Secondary School is available 1.6 km away, offering a strong academic program in both English and French for grades 9 to 12, with a solid rating of 9. For those seeking a Catholic education, Christ the King Catholic Elementary School and St. Robert CHS are also nearby, with St. Robert CHS boasting an impressive rating of 10. Overall, the proximity to these diverse educational options ensures that your children will have access to quality schooling, catering to various language preferences and educational philosophies. This makes the property not only a comfortable home but also a strategic investment in your family's future.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 1,853 residents, characterized by an average household size of 1.9 individuals. The demographic profile reveals an average age of 41.4 years, with a significant portion of the population (45.1%) identifying as single. The average household income stands at $63,800, although 28.8% of residents fall under the low-income category. Housing is predominantly comprised of condominiums, which make up 94.18% of the market, with an average property price of $696,000. Families with children represent 27.62% of households, while renters constitute nearly 45% of the population, indicating a diverse living situation. Additionally, the area is notable for its high immigrant population, which accounts for 64.91% of residents. Education levels are also impressive, with 64.8% of the population holding a college or university degree. However, a considerable portion of the community, 43.09%, is not in the labor force, suggesting potential economic challenges. Overall, this demographic snapshot reflects a vibrant, diverse community with a mix of educational attainment and housing types, alongside some economic disparities.

FAQs About 516 - 396 Highway 7 E, Richmond Hill

How many bathrooms does this property have?

This property features 1 bathroom(s) and 1 bedroom(s).

Does this 1 bedroom property have additional bedrooms or a den?

This Condo Apt property includes 1 additional bedrooms.

What is the square footage (sqft) of this Condo Apt property?

The total square footage of this Condo Apt 1 bed property in Richmond Hill is 600 - 699.

How many parking spaces are available with this property?

There are no parking spaces available with this property.

How many cars can be parked in the garage of 396 Highway 7 E?

This property features a garage with space for 1 cars.

What type of garage does this property have?

This property includes an Underground garage with space for 1 cars.

Does this property have a basement?

There is no basement in this property.

What type of basement is it?

Information about basement type is not available.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

A fireplace is available in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Yes, it has an annual maintenance fee of $618.95.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Forced Air.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 516 - 396 Highway 7 E, Richmond Hill

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Listing History

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