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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Richmond Hill
  • Doncrest
  • 398 Highway 7 Avenue E
398-highway-7-avenue-e-richmond-hill-ontario-n12275183
398-highway-7-avenue-e-richmond-hill-ontario-n12275183
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  • Sold Sold in Aug 2025
  • Condo Apt

1501 - 398 Highway 7 Avenue E

Richmond Hill, Doncrest
  • 1 + 1 Bedrooms
  • 1 Bathrooms
  • 1 Garage
  • Share
Sold Price: $ 552,000
12.93%
Listed Price: $ 488,800
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Key Facts About 1501 - 398 Highway 7 Avenue E, Richmond Hill

  • Tax $2,282 / 2025
  • Property Type Condo
  • Building Type Condo Apt
  • Building Style Apartment
  • Maintenance Fees $601.89
  • Building Age 0-5
  • Size 600 - 699 feet²
  • Parking 1 garage, 1 parking
  • Listing # N12275183
  • Data Source PROPTX
  • Days on Market 42
  • Listed On 10/07/2025
  • Updated On 04/11/2025
  • Market Demand
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Description

Luxury Valleymede Towers In Prime Richmond Hill Location At Highway 7 & Leslie. High-Floor Unit With Unobstructed Views! **Never Been Rented** This Spacious 609 SF, 1+1 Den Layout, Den Can Be Used As A Second Bedroom Or Home Office! Bright Hallway Leads To An Open Concept Living/Dining Area With Walk-Out To A Large Private Balcony 40 SF. Modern Kitchen Features Quartz Countertops And Stainless Steel Appliances. Primary Bedroom Offers A Big Window And Beautiful View. Thoughtfully Designed With High-Quality Finishes And Just Five Years New. Manag

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Property Details of 1501 - 398 Highway 7 Avenue 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 N

Utilities

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

Building

  • Size 600 - 699 feet²
  • Architecture Style Apartment
  • Exterior Feature Brick
  • Amenities Bike Storage, Concierge, Guest Suites, Gym, Visitor Parking
  • Building Age 0-5

Parking

  • Drive Way Underground
  • Garage Type Underground
  • Garage 1
  • Parking Places 1
  • Total Parking Places 2

Land

  • Cross Street highway 7/bayview

Features

  • Park Y
  • Public Transit Y
  • School Bus Route Y

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Our Estimate

See Real Estate Market Trends in Richmond Hill

Estimated Rent

$ 2,510

Rental Yield

5.11%

School Score

9.6/10

Rental Score

4.5/5

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Rooms

Kitchen (3.05X4.25 metre)
Level: Flat
Bedroom (3.05X3.51 metre)
Level: Flat
Den (2.23X2.53 metre)
Level: Flat
Living Room (3.05X5.54 metre)
Level: Flat
Dining Room (3.05X5.54 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

$1,171

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $602
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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 1501 - 398 Highway 7 Avenue E, Richmond Hill

Welcome to your dream home! If you’re on the lookout for a stunning condo for sale in Richmond Hill , look no further than this gem located at 398 Highway 7 Avenue E, Richmond Hill. Nestled in the vibrant Doncrest community, this luxury Valleymede Towers apartment boasts an enviable location at the intersection of Highway 7 and Bayview. With its high-floor position, you’ll enjoy unobstructed views that will take your breath away.

This spacious 609 square foot condo features a well-thought-out layout with one bedroom and an additional den, which can easily serve as a second bedroom or a home office—perfect for those who work from home or need a bit of extra space. The den adds versatility to the living space, making this condo for sale in Richmond Hill an ideal choice for singles or couples alike. The open concept living and dining area is bright and airy, with a lovely hallway leading you to the heart of the home. Step out onto the large private balcony, measuring 40 square feet, where you can sip your morning coffee or unwind after a long day while soaking in the views.

The modern kitchen is a true highlight, featuring sleek quartz countertops and stainless steel appliances that will delight any cooking enthusiast. Although there’s no additional kitchen, the flat design is practical and stylish, ensuring that you have everything you need at your fingertips. The primary bedroom is equally impressive, with a generous window that allows natural light to flood in and offers a beautiful view of the surrounding area.

This condo for sale in Richmond Hill is just five years old, which means you’ll be enjoying high-quality finishes and contemporary design without the hassle of extensive renovations. The management fee includes internet service, making it even more convenient for you to stay connected. While the building does not have a pool or a fireplace, it compensates with top-tier amenities that include a 24-hour concierge, a gym, a party and meeting room, a library, guest suites, and fob-access elevators. You’ll feel safe and secure in this well-managed building.

Parking is a breeze with one underground garage space included, along with a locker for your extra belongings. Although there’s no central vacuum system or additional land, the convenience of living in such a well-located condo makes up for it. The area is bustling with amenities; you’ll find medical offices, restaurants, banks, grocery stores, and pharmacies just a stone’s throw away. Golf clubs and the Langstaff GO Station are also nearby, making commuting a breeze.

Families will appreciate the excellent school zone, which includes Doncrest Public School and Thornlea Secondary School, offering French immersion options. This condo for sale in Richmond Hill is not just a home; it’s a lifestyle choice, perfectly situated for those who want to enjoy the best of urban living while still being close to nature and recreational activities.

With easy access to Highways 404 and 407, getting around the city is a cinch. Whether you’re heading to work, meeting friends, or exploring the local area, you’ll find that this location is incredibly convenient. So if you’re in the market for a stylish, comfortable, and well-located condo for sale in Richmond Hill, make sure to check out this fantastic opportunity at 398 Highway 7 Avenue E, Richmond Hill. It truly is a must-see! Don’t miss out on the chance to call this beautiful space your home.

Doncrest, nestled within the vibrant city of Richmond Hill, is a charming suburban enclave that offers a harmonious blend of residential comfort and natural beauty. Characterised by its tree-lined streets and well-maintained parks, this community boasts a tranquil atmosphere while being conveniently located near essential amenities, including shopping centres, schools, and recreational facilities. The area is known for its diverse population and a strong sense of neighbourliness, making it an inviting place for families and individuals alike. With excellent transport links to Toronto and surrounding areas, Doncrest provides the perfect balance of peaceful living and urban accessibility, making it an ideal choice for those seeking a welcoming and well-connected neighbourhood.

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'll find Doncrest Public School, an elementary school offering English instruction for grades JK to 8, just 1.3 km away, boasting an impressive rating of 9.2. Additionally, Adrienne Clarkson Public School is even closer at 0.8 km, although it has a lower rating. For secondary education, Thornlea Secondary School is located 1.5 km away, with a solid rating of 9, and St. Robert CHS, a Catholic secondary school, is 1.4 km away with an outstanding rating of 10. Families seeking Catholic education can also consider Christ the King Catholic Elementary School, located 1.7 km away, though it currently has a rating of 0. The area is served by both the York District Region School Board and the York Catholic District School Board, offering diverse educational options in both English and French. Overall, the proximity to quality educational institutions enhances the appeal of this property for potential buyers looking for a family-friendly neighborhood.

FAQs About 1501 - 398 Highway 7 Avenue 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?

398 Highway 7 Avenue E boasts 1 convenient parking spaces.

How many cars can be parked in the garage of 398 Highway 7 Avenue 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?

There is no fireplace 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 $601.89.

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 1501 - 398 Highway 7 Avenue E, Richmond Hill

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Listing History

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