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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Richmond Hill
  • Doncrest
  • 398 Highway 7 E
398-highway-7-na-e-e-richmond-hill-ontario-n12293268
398-highway-7-na-e-e-richmond-hill-ontario-n12293268
398-highway-7-na-e-e-richmond-hill-ontario-n12293268
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  • Sold Sold in Aug 2025
  • Condo Apt

1001 - 398 Highway 7 E

Richmond Hill, Doncrest
  • 1 + 1 Bedrooms
  • 1 Bathrooms
  • 1 Garage
  • Share
Sold Price: $ 540,000
12.76%
Listed Price: $ 478,888
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Key Facts About 1001 - 398 Highway 7 E, Richmond Hill

  • Tax $2,318 / 2024
  • Property Type Condo
  • Building Type Condo Apt
  • Building Style Apartment
  • Maintenance Fees $602
  • Building Age 0-5
  • Size 600 - 699 feet²
  • Parking 1 garage, 1 parking
  • Listing # N12293268
  • Data Source PROPTX
  • Days on Market 37
  • Listed On 18/07/2025
  • Updated On 04/11/2025
  • Market Demand
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Description

Luxurious Valleymede Towers in a Prime Location. Stunning and sun-filled 1+1 bedroom suite on a high floor, offering breathtaking unobstructed views. Features a sleek, modern kitchen with built-in appliances, quartz countertops, stylish backsplash, and under-cabinet lighting. Unit Freshly painted. Move in Ready!! Conveniently located with VIVA Transit at your doorstep, and just minutes from shopping centers, supermarkets, restaurants, and banks. Quick and easy access to Highways 404 and 407.

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Property Details of 1001 - 398 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 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, Exercise Room, Gym
  • 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/Valleymede

Features

  • Clear View Y
  • Public Transit Y

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Our Estimate

See Real Estate Market Trends in Richmond Hill

Estimated Rent

$ 2,520

Rental Yield

5.14%

School Score

9.6/10

Rental Score

4.5/5

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Rooms

Kitchen
Kitchen
Level: Flat
Living Room (5.54X3.05 metre)
Level: Flat
Dining Room (5.54X3.05 metre)
Level: Flat
Primary Bedroom (3.51X3.05 metre)
Level: Flat
Den (2.52X2.51 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 1001 - 398 Highway 7 E, Richmond Hill

Introducing an exceptional opportunity to acquire an apartment for sale in Richmond Hill , located at 398 Highway 7 N/a E E, Richmond Hill. This luxurious residence is situated in the esteemed Valleymede Towers, renowned for its prime location and exquisite living standards. The apartment boasts a stunning and sun-filled layout, featuring 1 bedroom and a den, ideal for those seeking a comfortable yet stylish living space.

The apartment for sale in Richmond Hill offers breathtaking, unobstructed views from a high floor, allowing you to enjoy the beauty of the surrounding area. As you step inside, you will be greeted by a sleek, modern kitchen that is both functional and aesthetically pleasing. It is equipped with built-in appliances, elegant quartz countertops, a stylish backsplash, and under-cabinet lighting that adds a touch of sophistication. This apartment has been freshly painted, ensuring that it is move-in ready for its new owner.

At 398 Highway 7 N/a E E, Richmond Hill, the layout consists of a total of five rooms, which include the spacious bedroom, den, and a well-appointed bathroom. The den can serve as a home office or a guest room, providing versatility to the living space. The apartment is unfurnished, allowing you to personalise it to your taste and style.

In terms of amenities, this apartment for sale in Richmond Hill is equipped with central air conditioning, ensuring a comfortable environment throughout the year. However, it is important to note that there is no pool or fireplace within the unit, which may be a consideration for some buyers. The heating is provided by a forced air system, ensuring warmth during the colder months.

For those who appreciate convenience, the location of this apartment is unbeatable. With VIVA Transit at your doorstep, commuting is a breeze. Additionally, you will find yourself just minutes away from various shopping centres, supermarkets, restaurants, and banks, making everyday errands effortless. The quick and easy access to Highways 404 and 407 further enhances the appeal of this apartment for sale in Richmond Hill, allowing for seamless travel throughout the region.

Parking is made easy with one underground garage space allocated to the unit, as well as an additional parking space available. This is particularly advantageous in a bustling area like Richmond Hill, where parking can often be a challenge.

The building itself is relatively new, with an age of 0-5 years, ensuring modern standards of construction and design. This adds to the allure of the apartment, as it is likely to require minimal maintenance and offers contemporary finishes that appeal to today's buyers.

In summary, if you are in the market for an apartment for sale in Richmond Hill, look no further than this remarkable offering at 398 Highway 7 N/a E E, Richmond Hill. With its prime location, modern amenities, and stunning views, this apartment is perfect for individuals or couples looking for a stylish and convenient living space. Don’t miss out on the chance to make this beautiful apartment your new home. Whether you are a first-time buyer or looking to downsize, this apartment for sale in Richmond Hill is an opportunity that should not be overlooked. Come and experience the luxurious lifestyle that Valleymede Towers has to offer!

Doncrest, nestled within the vibrant city of Richmond Hill, is a charming suburban enclave characterised by its tranquil streets and lush green spaces. This picturesque neighbourhood boasts a diverse mix of residential properties, from modern townhouses to spacious family homes, all set against a backdrop of well-maintained parks and recreational facilities. With convenient access to major roadways and public transport, residents enjoy a seamless commute to nearby urban centres while still relishing the peaceful atmosphere that Doncrest offers. The area is also home to a variety of local amenities, including shops, schools, and dining options, making it an ideal choice for families and professionals alike seeking a balanced lifestyle in a welcoming environment.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within a short distance, you'll find Doncrest Public School, an elementary school rated 9.2, offering English instruction from Junior Kindergarten to Grade 8, just 1.3 km away. Additionally, Adrienne Clarkson Public School is located 0.8 km from the property, although it has a lower rating. For secondary education, Thornlea Secondary School, also rated 9, is 1.5 km away and provides both English and French instruction for grades 9 to 12. St. Robert CHS, a Catholic secondary school with a perfect rating of 10, is located 1.4 km away, further enhancing the educational options available. Families seeking Catholic education will find Christ the King Catholic Elementary School, which offers both English and French instruction, though it currently has a lower rating. Overall, the area boasts a mix of public and Catholic schools with strong ratings, ensuring that residents have access to quality education for their children. This makes the property not only a great investment but also a nurturing environment for family growth and development.

FAQs About 1001 - 398 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?

398 Highway 7 E boasts 1 convenient parking spaces.

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

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 $602.00.

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 1001 - 398 Highway 7 E, Richmond Hill

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Listing History

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