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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-n12382890
398-highway-7-avenue-e-richmond-hill-ontario-n12382890
398-highway-7-avenue-e-richmond-hill-ontario-n12382890
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  • Sold Sold in Oct 2025
  • Condo Apt

508 - 398 Highway 7 Avenue E

Richmond Hill, Doncrest
  • 1 + 1 Bedrooms
  • 1 Bathrooms
  • 1 Garage
  • Share
Sold Price: $ 515,000
3.02%
Listed Price: $ 499,888
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Key Facts About 508 - 398 Highway 7 Avenue E, Richmond Hill

  • Tax $2,454 / 2025
  • Property Type Condo
  • Building Type Condo Apt
  • Building Style Apartment
  • Maintenance Fees $650
  • Building Age 0-5
  • Size 600 - 699 feet²
  • Parking 1 garage, 1 parking
  • Listing # N12382890
  • Data Source PROPTX
  • Days on Market 53
  • Listed On 05/09/2025
  • Updated On 11/11/2025
  • Market Demand
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Description

Luxury 1 Bedroom + Den Condo South Facing With Floor-to-Ceiling Windows. Large Den Can Be Used As 2nd Bedroom. 9' Ceiling Throughout. Bright Open Concept Layout With Spacious Living Area And Walkout To Large Balcony. Located In High Demand Area With Easy Access To Hwy 404 & 407. Steps To York Transit, Viva, And Minutes To GO Station. Walking Distance To Restaurants, Shops, Supermarkets, Parks, And More. Building Amenities Include 24 Hr Concierge, Gym, Library, Party Room, Meeting Room, And Visitor Parking.1 Parking & 1 Locker Included.

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Property Details of 508 - 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 5
  • 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 Concrete
  • Amenities Concierge, Guest Suites, Gym, Party Room/Meeting Room, Visit...View More
  • Building Age 0-5

Parking

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

Land

  • Cross Street Hwy 7 E / Valleymede

Features

  • Public Transit Y
  • Clear View Y

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Our Estimate

See Real Estate Market Trends in Richmond Hill

Estimated Rent

$ 2,520

Rental Yield

5.31%

School Score

9.6/10

Rental Score

5/5

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Rooms

Living Room (6.1 metre)
Living Room
Level: Ground
Dining Room (5.84X3.05 metre)
Level: Ground
Kitchen (5.84X3.05 metre)
Level: Ground
Primary Bedroom (3.65X3 metre)
Level: Ground
Den (2.1X2 metre)
Level: Ground

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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

$1,219

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $650
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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 508 - 398 Highway 7 Avenue E, Richmond Hill

Introducing a stunning condo for sale in Richmond Hill , located at 398 Highway 7 Avenue E, Richmond Hill. This luxury one-bedroom plus den apartment is a remarkable opportunity for those seeking modern living in a vibrant community. The property is situated in the highly sought-after Doncrest area, making it an ideal choice for both professionals and families alike.

As you enter this exquisite condo for sale in Richmond Hill, you will immediately be captivated by the bright and airy atmosphere created by the floor-to-ceiling windows that adorn the south-facing façade. The open-concept layout boasts a spacious living area, perfect for entertaining or simply relaxing after a long day. With a generous nine-foot ceiling throughout, the apartment feels even more expansive and inviting.

The large den, which can easily be utilised as a second bedroom, adds versatility to the living space. This feature is particularly appealing for those who may require an office or guest room. The condo comprises a total of five rooms, ensuring ample space for all your needs. The kitchen, located on the ground floor, is well-appointed, although there is no additional kitchen space.

At 398 Highway 7 Avenue E, Richmond Hill, the bathroom is thoughtfully designed to cater to modern living standards, and the entire unit is unfurnished, allowing you the freedom to personalise the space to your taste. With central air conditioning, you can enjoy a comfortable environment throughout the year, regardless of the season.

While this condo for sale in Richmond Hill does not feature a pool or a fireplace, it compensates with a range of impressive building amenities. Residents can benefit from the convenience of a 24-hour concierge service, ensuring safety and assistance at any time. The building also boasts a well-equipped gym, a library for quiet reading, a party room for social gatherings, and a meeting room for professional engagements. Visitor parking is available, making it easy for guests to visit.

The property includes one underground garage space and one additional locker, providing ample storage and parking solutions. The heat is supplied through a forced air system, ensuring a warm and inviting atmosphere during the colder months. Although there are no additional land features, the location of this condo is truly unparalleled.

Living at 398 Highway 7 Avenue E, Richmond Hill, places you in close proximity to essential amenities. The area is well-connected with easy access to Highway 404 and 407, making commuting a breeze. Public transport options are plentiful, with York Transit and Viva services just steps away, and the GO Station only minutes from your doorstep.

For those who enjoy the outdoors, the surrounding community offers an abundance of parks, perfect for leisurely strolls or family picnics. Additionally, you will find a variety of restaurants, shops, and supermarkets within walking distance, ensuring that all your daily needs are met without the hassle of long commutes.

This condo for sale in Richmond Hill is a fantastic opportunity for anyone looking to invest in a modern and stylish living space in a thriving community. With its prime location, exceptional amenities, and versatile living options, it is a property not to be missed.

In summary, if you are searching for a luxury one-bedroom plus den condo, look no further than 398 Highway 7 Avenue E, Richmond Hill. This exceptional residence offers everything you could desire in a modern apartment, making it the perfect place to call home. Don't miss your chance to own this remarkable condo for sale in Richmond Hill—schedule a viewing today!

Doncrest is a charming neighbourhood nestled within the vibrant city of Richmond Hill, Ontario. Known for its picturesque streets and well-maintained parks, this community offers a delightful blend of suburban tranquility and urban convenience. Residents enjoy easy access to a variety of amenities, including shopping centres, schools, and recreational facilities, all while being surrounded by lush green spaces. The area is well-connected by public transport and major roadways, making commuting to nearby Toronto a breeze. With its friendly atmosphere and diverse population, Doncrest is an inviting place for families and individuals alike, offering a welcoming environment to call home.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an ideal choice for families. The closest educational institution is Adrienne Clarkson Public School, just 0.8 km away, offering French language instruction for grades 2 to 8, although it currently has a low school rating of 0. For elementary education, Doncrest Public School is situated 1.3 km away, providing a strong academic environment with a high rating of 9.2 and options for both English and French language studies. Secondary education is well-covered by Thornlea Secondary School, located 1.5 km from the property, which boasts a solid rating of 9 for both English and French instruction for grades 9 to 12. Additionally, St. Robert Catholic High School, a Catholic institution rated 10, is only 1.4 km away, offering a strong secondary education. While Christ the King Catholic Elementary School is slightly farther at 1.7 km, it provides education in both English and French, though it currently has a rating of 0. Overall, the area offers a diverse range of educational options, ensuring that families have access to quality schooling within a short distance from home.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 1,853 residents, with an average household size of 1.9 individuals. The community is characterized by a median age of 41.4 years and an average household income of $63,800. Notably, a significant portion of the population, 28.8%, is classified as low-income. The housing market reflects an average property price of $696,000, with 44.97% of residents being renters and a predominant 94.18% of homes being condominiums. The demographic profile indicates that 45.1% of the population is single, while 27.62% live in households with children. The area is diverse, with 64.91% of residents being immigrants, and a well-educated populace, as 64.8% hold a college or university degree. However, a considerable segment, 43.09%, is not actively participating in the labor force, which may influence the local economy. Overall, this community presents a blend of educational attainment, housing trends, and demographic diversity, making it an intriguing area for potential homeowners and investors alike.

FAQs About 508 - 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 $650.00.

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 508 - 398 Highway 7 Avenue E, Richmond Hill

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Listing History

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