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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Richmond Hill
  • Doncrest
  • 398 Hwy 7 E
398-hwy-7-richmond-hill-ontario-n12516752
398-hwy-7-richmond-hill-ontario-n12516752
398-hwy-7-richmond-hill-ontario-n12516752
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  • Sold Sold in Dec 2025
  • Condo Apt

603 - 398 Hwy 7 E

Richmond Hill, Doncrest
  • 2 + 1 Bedrooms
  • 2 Bathrooms
  • 1 Garage
  • Share
Sold Price: $ 636,000
6.35%
Listed Price: $ 598,000
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Key Facts About 603 - 398 Hwy 7 E, Richmond Hill

  • Tax $3,184 / 2025
  • Property Type Condo
  • Building Type Condo Apt
  • Building Style Apartment
  • Maintenance Fees $912.53
  • Size 900 - 999 feet²
  • Parking 1 garage, 1 parking
  • Listing # N12516752
  • Data Source PROPTX
  • Days on Market 31
  • Listed On 06/11/2025
  • Updated On 13/12/2025
  • Market Demand
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Description

Prime Richmond Hill location at Hwy 7 & Leslie! Welcome to Valleymede Towers, a contemporary high-rise offering comfort and convenience. This spacious 955 sq.ft. 2+1 bedroom, 2 bathroom suite features a smart split-bedroom layout with walk-in closets, 9' smooth ceilings, and a large den space, perfect for an office. Enjoy open east-facing views and a sleek modern a kitchen with quartz counters and stainless steel appliances. Steps to shops, restaurants, banks, and public transit, and just minutes from Langstaff GO, Richmond Hill Centre, Highway

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Property Details of 603 - 398 Hwy 7 E, Richmond Hill

Property

  • Property Type Condo Apt
  • Style Apartment
  • Community Doncrest
  • Municipality Richmond Hill

Inside

  • Bedrooms 2
  • Bathrooms 2
  • Bathroom Details 1, 4pc Flat
  • Bathroom Details 1, 3pc Flat
  • Kitchen 1
  • Rooms 6
  • Family Rooms N
  • Central Vac N
  • Fireplace N

Utilities

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

Building

  • Size 900 - 999 feet²
  • Architecture Style Apartment
  • Exterior Feature Concrete
  • Amenities Bus Ctr (WiFi Bldg), Concierge, Gym, Party Room/Meeting Room...View More

Parking

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

Land

  • Cross Street Bayview/Hwy 7

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Our Estimate

See Real Estate Market Trends in Richmond Hill

Estimated Rent

$ 3,178

Rental Yield

5.78%

School Score

9.6/10

Rental Score

5/5

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Rooms

Dining Room (6.45X3.05 metre)
Level: Flat
Kitchen (3.05X2.9 metre)
Level: Flat
Primary Bedroom (3.96X3.05 metre)
Level: Flat
Bedroom 2 (3.35X3 metre)
Level: Flat
Den (2.92X2.03 metre)
Level: Flat
Living Room (6.45X3.05 metre)
Level: Flat
Bathroom (4 pcs)
Level: Flat
Bathroom (3 pcs)
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

$1,482

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $913
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Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 603 - 398 Hwy 7 E, Richmond Hill

Welcome to the splendid condo for sale in Richmond Hill , located at 398 Hwy 7, Richmond Hill. This exceptional residence is nestled in the heart of the vibrant Doncrest community, offering an ideal blend of comfort and convenience. Valleymede Towers, a contemporary high-rise, is the perfect setting for those seeking a modern lifestyle in one of Richmond Hill's most sought-after areas.

This spacious apartment boasts an impressive 955 sq.ft. of living space, featuring 2 bedrooms and a den, along with 2 bathrooms. The well-thought-out split-bedroom layout ensures privacy and functionality, making it perfect for families or professionals. Each bedroom is equipped with walk-in closets, providing ample storage space. The den, which can easily serve as a home office or study, adds versatility to this already generous living area.

As you step into the condo for sale in Richmond Hill, you will be greeted by 9' smooth ceilings that enhance the sense of space and light. The east-facing views offer a delightful backdrop, allowing you to bask in the morning sun while enjoying your breakfast in the sleek, modern kitchen. The kitchen is fitted with elegant quartz countertops and stainless steel appliances, making it not only stylish but also highly functional for all your culinary adventures.

While this condo does not feature a pool or fireplace, it compensates with a range of desirable amenities that elevate the living experience. Residents of Valleymede Towers benefit from a 24-hour concierge service, ensuring security and assistance at any hour. The fitness centre is perfect for those who wish to maintain an active lifestyle, while the party and meeting rooms are ideal for hosting gatherings with friends and family. Additionally, there is a library for quiet reading and relaxation, as well as guest suites for visitors.

Another key feature of this condo for sale in Richmond Hill is the convenience of one underground parking space, ensuring that your vehicle is secure and easily accessible. Although there is no central vacuum system or additional land, the practicality of this residence is further enhanced by the inclusion of internet in the maintenance fees, making it easy to stay connected.

The location of 398 Hwy 7, Richmond Hill, is truly unbeatable. Just steps away from a variety of shops, restaurants, and banks, everything you need is within easy reach. Public transit options are plentiful, with Langstaff GO station just minutes away, making commuting a breeze. For those who enjoy recreational activities, there are community centres, golf clubs, and top-rated schools nearby, including Doncrest Public School and Thornlea Secondary School, which offers French Immersion programs.

In summary, this condo for sale in Richmond Hill at 398 Hwy 7, Richmond Hill, is a stylish and spacious residence that checks all the boxes for modern living. With its prime location, exceptional amenities, and thoughtful design, it is an ideal choice for anyone looking to settle in the vibrant Doncrest community. Whether you are a young professional, a growing family, or looking to downsize, this apartment is sure to meet your needs and exceed your expectations. Don't miss the opportunity to make this lovely condo your new home!

Doncrest is a charming and well-established neighbourhood located in the city of Richmond Hill, Ontario. Known for its picturesque tree-lined streets and a blend of residential properties, Doncrest offers a tranquil suburban lifestyle while being conveniently close to urban amenities. The area boasts a variety of parks, recreational facilities, and excellent schools, making it an ideal choice for families. Residents enjoy easy access to major highways and public transport, facilitating seamless commutes to Toronto and beyond. With its welcoming atmosphere and strong sense of community, Doncrest is a delightful place to call home.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an excellent choice for families. Within a short distance, you will find Doncrest Public School, an elementary school offering grades JK to 8, just 1.3 km away, with a commendable school rating of 9.2. For secondary education, Thornlea Secondary School, also part of the York district region school board, is located 1.5 km away and has a solid rating of 9. Additionally, St. Robert Catholic High School, a secondary institution with a top rating of 10, is only 1.4 km from the property. For families interested in Catholic education, Christ the King Catholic Elementary School is 1.7 km away, although it currently has a rating of 0. The area also features schools offering instruction in both English and French, catering to diverse educational preferences. With a variety of elementary and secondary options nearby, this location is ideal for families seeking quality education for their children.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a population of 1,853 residents, with an average household size of 1.9 individuals. The community has a median age of 41.4 years, indicating a mature population. The average household income stands at $63,800, though a notable 28.8% of the population is classified as low-income. The average property price in the area is $696,000, reflecting a competitive real estate market. A significant portion of the population, 45.1%, is single, while 27.62% of households include children, suggesting a mix of family structures. Immigrants make up a substantial 64.91% of the community, contributing to its diverse cultural landscape. Additionally, nearly 45% of residents are renters, and an overwhelming majority of housing, at 94.18%, consists of condominiums. Education levels are high, with 64.8% of the population holding a college or university degree. However, 43.09% of residents are not actively participating in the labor force, which may impact local economic dynamics. Overall, this area presents a unique blend of demographics, showcasing both challenges and opportunities for potential residents and investors alike.

FAQs About 603 - 398 Hwy 7 E, Richmond Hill

How many bathrooms does this property have?

This property features 2 bathroom(s) and 2 bedroom(s).

Does this 2 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 2 bed property in Richmond Hill is 900 - 999.

How many parking spaces are available with this property?

398 Hwy 7 E boasts 1 convenient parking spaces.

How many cars can be parked in the garage of 398 Hwy 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 $912.53.

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 603 - 398 Hwy 7 E, Richmond Hill

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Listing History

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