1012 - 398 Highway 7 E

Welcome to an exceptional opportunity to own a condo for sale in Richmond Hill , specifically at the address 398 Hwy 7 E, Richmond Hill. This rarely offered North-West corner unit is situated in the luxurious Valleymede Tower, a highly sought-after building located in the vibrant community of Doncrest, within the York area. This stunning and spacious two-bedroom, two-bathroom corner suite boasts an impressive 860 square feet of interior space, complemented by an 80 square foot large private balcony that offers breathtaking, unobstructed views. This feature ensures that residents can enjoy both sunlight and serenity throughout the day, making it an ideal home for those who appreciate comfort and style.

As you step inside this remarkable condo for sale in Richmond Hill, you will be greeted by a functional, sun-filled open-concept layout, accentuated by 9-foot ceilings and premium laminate flooring throughout. The main kitchen is a true chef's delight, featuring elegant quartz countertops, a stylish backsplash, and high-quality stainless steel appliances. Notably, it includes a Fontile Smart Range Hood and a drinkable water system, combining convenience with sophistication. This well-designed space is perfect for entertaining guests or enjoying quiet family meals.

The primary bedroom is generously sized and offers ample closet space, accompanied by a luxurious four-piece ensuite bathroom. The second bedroom is equally spacious and versatile, making it suitable as a guest room, home office, or children's bedroom. Both bedrooms are beautifully finished, ensuring a comfortable living environment. This condo for sale in Richmond Hill is an excellent choice for both homeowners and investors, particularly given the newer building's lack of rent increase restrictions.

Residents of Valleymede Tower can enjoy a wealth of premium amenities, including a well-equipped fitness centre, a party room, and a pool table, all within a well-managed and secure community. The maintenance fees are notably inclusive of high-speed internet, providing additional value and convenience to residents. Furthermore, this unit comes with one parking space and one locker, ensuring that you have ample storage and parking options.

The location of this condo for sale in Richmond Hill is unbeatable. Situated just steps away from Viva Transit, it is also conveniently close to major highways such as Hwy 404 and Hwy 407, as well as the Langstaff GO Station. The Richmond Hill Centre Transit Terminal and a planned future T&T Supermarket are both nearby, making daily errands and commuting a breeze. The community is surrounded by top-rated schools, including Thornlea Secondary School, which is just 1.8 km away, as well as several public and Catholic elementary schools within a 2 km radius.

In addition to its proximity to educational institutions, this property is also within walking distance of an array of restaurants, shops, banks, parks, and community centres. For those who enjoy leisure activities, grocery stores, theatres, and golf clubs are just minutes away. This makes the condo for sale in Richmond Hill an ideal choice for professionals, young families, or savvy investors seeking a blend of comfort, style, and long-term value.

In summary, 398 Hwy 7 E, Richmond Hill, presents a rare opportunity to own a luxurious corner unit in the Valleymede Tower. With its spacious layout, modern amenities, and prime location, this condo for sale in Richmond Hill is not to be missed. Whether you are looking for a new home or an investment property, this residence offers everything you need for a comfortable and convenient lifestyle. Don’t hesitate to explore this exceptional offering today!

Doncrest, nestled within the vibrant city of Richmond Hill, is a charming suburban enclave known for its picturesque streets and family-friendly atmosphere. This community boasts a diverse mix of residential properties, from spacious single-family homes to modern townhouses, catering to a variety of lifestyles. With its well-maintained parks, excellent schools, and convenient access to shopping and dining options, Doncrest offers a harmonious blend of tranquillity and urban convenience. Residents enjoy a strong sense of community spirit, enhanced by local events and recreational activities, making it an ideal place for families and individuals alike to call home.

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 elementary school rated 9.2, just 1.3 km away, offering English instruction for grades JK to 8. Additionally, Adrienne Clarkson Public School, also an elementary institution, is only 0.8 km away, although it has a lower rating. For secondary education, Thornlea Secondary School, located 1.5 km from the property, boasts a solid rating of 9 and provides both English and French instruction for grades 9 to 12. St. Robert CHS, a Catholic secondary school with a top rating of 10, is also within 1.4 km, ensuring excellent options for high school students. Families seeking Catholic education can consider Christ the King Catholic Elementary School, located 1.7 km away, though it currently has a rating of 0. Overall, the area offers a diverse selection of schools, catering to various educational preferences and ensuring a supportive environment for children's academic growth.

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, 28.8% of the population falls under the low-income category. The real estate market reflects a significant average property price of $696,000, with 94.18% of the housing stock consisting of condominiums. The demographic profile indicates that 45.1% of residents are single, while 27.62% live in households with children. A substantial portion of the population, 64.91%, are immigrants, contributing to the area's cultural diversity. Additionally, nearly 45% of residents are renters, highlighting a significant rental market. Educational attainment is high, with 64.8% of the population holding a college or university degree. However, there is also a notable segment, 43.09%, that is not actively participating in the labor force. This demographic snapshot illustrates a vibrant community with a mix of socioeconomic backgrounds and a strong emphasis on education, making it an intriguing area for potential homebuyers or investors.