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    Richmond Hill / Doncrest

    905 - 396 Highway 7

    For SaleValleymede Towers Condos
    $699,000
    2 Beds + 1
    2 Bath
    1 Parking
    930 SQFT
    2 Days on Strata
    Est Sell Timeframe
    25 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $927/mth
    Taxes:
    $3,197 (2024)
    Cost Per Sqft:
    $752/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South East
    Possession Date:
    To Be Determined
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Stainless Steel Appliances, Quartz Counter, Modern Kitchen
    11.45 x 10.56ft
    Living
    Se View, Walkout To Balcony, Laminate
    11.25 x 13.12ft
    Prim Bdrm
    4 Piece Ensuite, Walk-in Closet, Laminate
    15.95 x 10.04ft

    About this Listing

    Don't miss out this Spacious 2 Bedrooms plus Den Corner Unit with Unobstructed South View in this Luxurious Valleymede Tower Located at Prime Location in Richmond Hill. Newer building in same area with no rent increase restrictions. Functional Sun-Filled Open Concept Layout With 9' Ceiling. B/I Appliances and Quartz Countertop. Many upgrades throughout the unit! Amazing amenities in the building, such as gym, pool table and party room etc. Walking Distance To Restaurants, Banks, Parks and Public Transit. Minutes to Community Center, Schools, Groceries, Shops, Theatre, Golf Clubs, Langstaff GO Station, Richmond Hill Centre Transit Terminal, Hwy 404 and Hwy 407.

    ExtrasAll Existing Kitchen Appliances : Fridge, Dishwasher, Oven, Cook-Top, Exhaust Hood, Microwave. Stacked Front Loading Washer And Dryer. All Window Blinds and Electrical Light Fixtures.

    mehome realty (ontario) inc.MLS® #N11910262

    Amenities

    Visitor Parking
    Party Room
    Indoor Parking
    Rec Room
    Concierge
    Guest Suites

    Explore Neighbourhood

    7/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    5/10
    Transit
    It's a dice roll — but hey, sometimes you roll a six!
    6/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    28,740
    Average Individual Income
    $83,140
    Average Household Size
    2 persons
    Average Age
    44
    Average Household Income
    $148,314
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    20%
    20 - 34
    18%
    35 - 49
    22%
    50 - 64
    22%
    65+
    14%
    Household Income
    $0 - $30,000
    40%
    $30,000+
    22%
    $60,000+
    16%
    $90,000+
    11%
    $125,000+
    8%
    Housing Types & Tenancy
    Detached
    78%
    Semi Detached
    12%
    Duplex
    3%
    Low Rise Apartment
    2%
    High Rise Apartment
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    86%
    Other
    8%
    Mandarin
    3%
    Cantonese
    2%
    Russian
    1%
    Education
    High School
    29%
    University and Above
    27%
    College
    20%
    None
    15%
    Apprenticeship
    5%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    23%
    Architecture & Engineering
    19%
    Social Sciences
    14%
    Health & Related Fields
    11%
    Personal, Protective & Transportation Services
    5%
    Humanities
    5%
    Math & Computer Sciences
    5%
    Education
    5%
    Physical Sciences
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    Valleymede Towers Condos vs The Doncrest Area

    Building Trends At Valleymede Towers Condos

    Days on Strata

    Units at Valleymede Towers Condos spend an average of
    34
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    11%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Doncrest

    Turnover of Units

    On average, each unit is owned for
    4.8
    YEARS before being sold again

    Property Value

    -2%
    Decrease in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 12 condos in the Doncrest area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    17
    Units were Rented over the past twelve months

    Best Value Rank

    Valleymede Towers Condos offers the
    ?
    best value out of 12 condos in the Doncrest neighbourhood

    Appreciation Rank

    Valleymede Towers Condos has the
    ?
    highest ROI out of 12 condos in the Doncrest neighbourhood

    Rental Yield

    Valleymede Towers Condos yields the
    ?
    highest rent prices out of 12 condos in the Doncrest neighbourhood

    High Demand

    Valleymede Towers Condos is the
    ?
    most popular building out of 12 condos in the Doncrest neighbourhood

    Transaction Insights at 396 Highway 7

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$747,500$615,000 - $633,000No Data$803,000 - $910,000No DataNo Data
    Avg. Cost Per Sqft$886$1,032No Data$756No DataNo Data
    Avg. Wait for Unit Availability1241 Days72 Days139 Days107 Days74 DaysNo Data
    Ratio of Units in Building13%40%17%28%4%1%

    Transactions vs Inventory

    Total number of units listed and sold in Doncrest