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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Richmond Hill
  • Doncrest
  • 398 Highway 7 Road E
398-highway-7-road-e-richmond-hill-ontario-n12744238
398-highway-7-road-e-richmond-hill-ontario-n12744238
398-highway-7-road-e-richmond-hill-ontario-n12744238
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  • For SaleAdded in Jan 2026
  • Condo Apt

Ph06 - 398 Highway 7 Road E

Richmond Hill, Doncrest
  • 3 Bedrooms
  • 3 Bathrooms
  • 2 Garage
  • Share
Listed for: $1,250,000
Estimated Price: $ 1,204,085
3.67%
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Key Facts About Ph06 - 398 Highway 7 Road E, Richmond Hill

  • Tax$4,098 / 2025
  • Property TypeCondo
  • Building TypeCondo Apt
  • Building StyleApartment
  • Maintenance Fees$1294.16
  • Building Age0-5
  • Size1200 - 1399 feet²
  • Listing #N12744238
  • Data SourcePROPTX
  • Days on Market136
  • Listed On31/01/2026
  • Updated On01/02/2026
  • Market Demand
    the canadian homethe canadian home

Description

**Extreme Rare*** Penthouse Living In Nearly New Valleymede Condo! Over 1400 Sq Ft Enjoyable Space With Soaring 10Ft Ceiling With Sophisticated Appliances Ensuring Your Luxurious Lifestyle Meets Quality Living! Primary Room And 2nd Bedroom Are Separated Ensuring Maximum Privacy And Enjoyment! **2 Side By Side Parkings With 1 Spacious Locker Inlcuded** Steps To Local Shops, Fine Dinnings & Shopping Centre!

Property Details of Ph06 - 398 Highway 7 Road E, Richmond Hill

Property

  • Property TypeCondo Apt
  • StyleApartment
  • CommunityDoncrest
  • MunicipalityRichmond Hill

Inside

  • Bedrooms3
  • Bathrooms3
  • Bathroom Details1, 5pc Main
  • Bathroom Details1, 4pc Main
  • Bathroom Details1, 2pc Main
  • Kitchen1
  • Rooms6
  • Family RoomsN
  • Central VacN
  • FireplaceN

Utilities

  • CoolingCentral Air
  • Heating TypeForced Air
  • Heating FuelGas

Building

  • Size1200 - 1399 feet²
  • Architecture StyleApartment
  • Exterior FeatureBrick, Concrete
  • Building Age0-5

Parking

  • Drive WayNone
  • Garage TypeUnderground
  • Garage2
  • Total Parking Places2

Land

  • Cross StreetHighway 7 & Leslie

Our Estimate

See Real Estate Market Trends in Richmond Hill

Estimated Home Value

$ 1,204,085

Date of Estimation

31-Jan-2026

Estimated Rent

$ 3,605

Rental Yield

3.60%

School Score

8/10

Rental Score

4/5

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Rooms

Dining Room (6.3 metre)
Dining Room
Level: Main
Kitchen (6.3X6.91 metre)
Kitchen
Level: Main
Primary Bedroom (3.08 metre)
Primary Bedroom
Level: Main
Bedroom 2 (3.08 metre)
Bedroom 2
Level: Main
Bedroom 3 (2.59 metre)
Den
Level: Main
Living Room (6.3 metre)
Living Room
Level: Main

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

$1,863

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $1,294
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Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

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About Ph06 - 398 Highway 7 Road E, Richmond Hill

Welcome to the stunning apartment for sale in Richmond Hill , located at 398 Highway 7 Road E, Richmond Hill. This exceptional penthouse living opportunity in the nearly new Valleymede Condo is truly a rare find. With over 1400 square feet of enjoyable space, this apartment offers a sophisticated lifestyle that is hard to come by. The soaring 10-foot ceilings create an airy atmosphere, making every corner of this condo feel spacious and inviting.

As you step inside this remarkable apartment for sale in Richmond Hill, you’ll immediately notice the high-quality finishes and modern appliances that ensure your living experience is nothing short of luxurious. The main kitchen is designed for both functionality and style, providing a perfect space for culinary adventures or casual dining. Although there is no additional kitchen, the main kitchen is well-equipped to meet all your cooking needs.

This apartment features three well-appointed bedrooms, ensuring ample space for family or guests. The primary room and the second bedroom are thoughtfully separated, providing maximum privacy and enjoyment. With three bathrooms, there’s no need to worry about morning queues, making this apartment ideal for families or those who love to entertain.

One of the standout features of this apartment for sale in Richmond Hill is the central air conditioning, ensuring that you stay comfortable throughout the year. While the property does not have a fireplace or a family room, the spacious layout allows for versatile living arrangements. The absence of a basement and additional land means that maintenance is straightforward, allowing you to enjoy your home without the hassle of extra upkeep.

The building itself is constructed with a combination of brick and concrete, offering both durability and a modern aesthetic. The apartment is unfurnished, giving you the freedom to personalise the space to your taste. With no central vacuum system, you’ll find that cleaning is made easy with the layout and materials used throughout the condo.

Parking is a breeze with two side-by-side spaces available in the underground garage, along with a spacious locker for your storage needs. While there is no pool or additional parking space, the convenience of underground parking is a significant advantage, especially in the bustling area of Richmond Hill.

Located at 398 Highway 7 Road E, Richmond Hill, this apartment for sale in Richmond Hill is just steps away from local shops, fine dining, and a shopping centre. You’ll find everything you need within easy reach, making this location not just a home but a lifestyle choice. The vibrant community of Doncrest is known for its friendly atmosphere and accessibility, making it an ideal place to settle down.

This condo is relatively new, with an age of just 0-5 years, meaning you can enjoy modern amenities without the worries that come with older properties. The area of York is known for its excellent schools, parks, and recreational facilities, ensuring that you have access to everything you need for a fulfilling life.

In summary, this apartment for sale in Richmond Hill at 398 Highway 7 Road E, Richmond Hill, is a unique opportunity that combines luxury, convenience, and modern living. With three bedrooms, three bathrooms, and a stylish main kitchen, this penthouse is perfect for those looking to elevate their lifestyle. Don’t miss out on this exceptional property; it’s rare to find such a gem in this sought-after community. Make it yours today and experience the best that Richmond Hill has to offer!

Doncrest is a charming and well-established neighbourhood nestled within the vibrant city of Richmond Hill, Ontario. Known for its picturesque tree-lined streets and a diverse mix of housing options, from spacious single-family homes to modern townhouses, Doncrest offers a serene suburban lifestyle while being conveniently close to urban amenities. Residents enjoy easy access to a variety of parks, excellent schools, and a selection of shopping and dining venues, making it an ideal place for families and professionals alike. The community is well-connected by public transport and major roadways, ensuring that the bustling city of Toronto is just a short drive away, allowing for a perfect balance of tranquillity and accessibility.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an ideal choice for families. The closest option is Jackman Avenue Junior Public School, just 0.7 km away, offering grades JK to 6 with a solid rating of 7.9. For older children, Quest Alternative Senior School (1.0 km) serves grades 7 to 8, although it currently lacks a rating. Jarvis Collegiate Institute, located 1.8 km away, provides education for grades 9 to 12 and has a rating of 5.9. Earl Haig Public School, which offers a French immersion program for grades JK to 8, is 3.2 km from the property and holds a rating of 6.8. Additionally, Holy Name Catholic School, situated 1.1 km away, caters to grades JK to 8 and has a commendable rating of 7.3, with another branch offering French education for younger grades. Lastly, St. Joseph's College School (2.6 km) serves grades 9 to 12 and boasts a rating of 7.6. With a variety of educational options, including both public and Catholic schools, this location provides excellent opportunities for children's academic growth.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small but diverse community with a population of 1,179 residents. The average household size is 1.9, indicating a tendency towards smaller family units. The average age of residents is 49, suggesting a mature population, while the average household income stands at a robust $114,000, with only 9.2% classified as low-income. The housing market is characterized by an average property price of $1,170,000, and nearly half of the households (48.76%) are renters, reflecting a significant rental market. Additionally, 29.75% of the housing consists of condominiums, catering to various living preferences. The area has a notable percentage of single individuals at 49.52%, and 36.07% of households include children, indicating a family-friendly environment. Furthermore, 25.54% of the population consists of immigrants, contributing to the community's diversity. Educational attainment is high, with 69.9% of residents holding a college or university degree, while a significant portion, 40.29%, is not actively participating in the labor force. Overall, this demographic snapshot highlights a well-educated, diverse, and economically stable community.

FAQs About Ph06 - 398 Highway 7 Road E, Richmond Hill

How many bathrooms does this property have?

This property features 3 bathroom(s) and 3 bedroom(s).

Does this 3 bedroom property have additional bedrooms or a den?

This Condo Apt property does not have an additional bedroom or a den.

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

The total square footage of this Condo Apt 3 bed property in Richmond Hill is 1200 - 1399.

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 398 Highway 7 Road E?

This property features a garage with space for 2 cars.

What type of garage does this property have?

This property includes an Underground garage with space for 2 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 $1294.16.

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 Ph06 - 398 Highway 7 Road E, Richmond Hill

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