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              For Sale 13 Days On Site

              #302 396 Highway 7 Road East

              near Hwy7/Valleymede
              Price Changed +$101,000 (2021-01-20) $739,000 2+1bdr • 2ba • 1kit • 900-999sf
              Average Income
              $42,560
              Population Age
              40 y/old
              School Score
              8.67/10
              Price Index Change 1y
              +13.72%
              Price Index Change 3y
              +15.62%
              Rent Index Change 1y
              +3.19%
              Rent Index Change 3y
              +26.34%

              Condo Apt • Apartment #302 • 03 Level

              #302 396 Highway 7 Road East, Doncrest, Richmond Hill
              • Rooms and Bathrooms 2+1 bedr, 2 bath
              • Kitchens 1
              • area 900-999
              • garage 1.0 Undergrnd
              • exposure Ne
              • age 0-5
              • locker Owned
              • possession

                Immed

              $739,000

              $2,670.00
              Tax yr: 2020

              $616.57/m

              CALCULATED NUMBERS:

              $2773.00

              calculator

              $2474

              3

              67 Somewhat Walkable

              46 Some Transit

              65 Bikeable

              8.67/10

              Location Details
              • York

              • Richmond Hill

              • Doncrest

              • Hwy7/Valleymede

              • L4B0G7

              Listing Details Provided By
              Property Details Provided By Toronto Real Estate Board
              Listing Brokerage

              EASTIDE REALTY, BROKERAGE

              Property Overview
              One Year New Luxury Valleymede Condo On Hwy7! Beautiful 2 Bed + Den Corner Unit , Engineered Quartz Countertop, 16"Depth Kitchen Cabinetry, Led Lighting Under Cabinet,1 Parking ,1 Locker,Steps To Viva Transit,Fine Dinnings, Shops, Bank Down The Street.Luxurious Lifestyle Meets Quality Living , Don't Miss Your Chance,Must See!
              Extras: S/S Fridge ,Stove, Microwave,B/I Dishwasher,Hood, Washer And Dryer. All Windows Covering
              Rooms details
              Living
              • Main Level
              • Combined W/Dining
              • W/O To Balcony
              • Laminate
              Dining
              • Main Level
              • Combined W/Kitchen
              • W/O To Balcony
              • Laminate
              Kitchen
              • Main Level
              • Combined W/Dining
              • Open Concept
              • Tile Floor
              Master
              • Main Level
              • W/I Closet
              • 4 Pc Ensuite
              • Laminate
              2nd Br
              • Main Level
              • Double Closet
              • 4 Pc Ensuite
              • Laminate
              Den
              • Main Level
              • Laminate
              Basement
              • None
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              • Listing added to site: 2021-01-13 02:07:30
              • Last updated: 2021-01-25 12:20:23
              • Photos updated: 2021-01-13
              • Contract date: 2021-01-13
              • Input date: 2021-01-13
              • Expiry date: 2021-03-31
              • Closed date: 0000-00-00
              • Condition expiry date: 2021-01-29
              • Extension entry date: 0000-00-00
              • Sold date: 0000-00-00
              • Suspended date: 0000-00-00
              • Terminated date: 0000-00-00
              • Unavailable date: 0000-00-00
              • Condition:
              Questions?

              Have a question about 396 Highway 7 Road East?

              Ask your buyer agent, or Book a Showing to visit this property.

              Yuriy Setko

              Real Estate Broker

              Right At Home Realty Investments Group Brokerage

              895 Don Mills Rd #206 B2 Toronto, Ontario M3C1W3

              English Russian Ukranian
              BOOK A FREE CONSULTATION
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              Travel Times, Streetview, Walkscore
              302 396 Highway 7 Road East Property & Location Overview Powered By AIDA
              Listing Overview

              General:

              302 396 Highway 7 Road East is a condo apt apartment, located in Doncrest of city of Richmond Hill, York region, near Hwy7/Valleymede, and has been available for sale on CondosDirect since 2021-01-13. This unit is located at level 03 of the building and has North-East exposure of Highway 7 E Rd. Condo registry office is YRSC, corporation number 1424.

              Lot Size and Living Area:

              302 396 Highway 7 Road East has 5+1 rooms in total, including 2+1 bedroms, 2 baths and 1 kitchen. Please find this condo rooms details on this page above.
              Living area of this condo unit is within the range of 900-999 square feet. 396 Highway 7 Road East building was built appriximately 0-5 years ago.
              1.0 parking space(s) are owned and located undergrnd at level P2. The locker is owned. This condo has an ensuite laundry.

              Heating and Cooling:

              The condo heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.

              Listing Features:


              AIDA has also found the following features: Motivated Seller Indications, Price Change, and possible sellers motivation indicators such as Listing Ad says Motivated Seller.

              Price & Cost Overview

              General:

              302 396 Highway 7 Road East condo apt is listed for $739,000. Property tax for year 2020 was $2,670. And the monthly maintenance fee was $617.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $2,773, and total expenses, including the mortgage, property tax and maintenance, fee around $3,047, assuming $739,000 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
              Use our Mortgage and Investment Calculator, customized especially for 302 396 Highway 7 Road East, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

              Location Overview

              General:

              Doncrest, where 396 Highway 7 Road East is located, has $1,099,560 Home Price Index, and $2,326 Home Rent Index. Average household income at dissemination area of 396 Highway 7 Road East is $42,560, and average polulation age is 40 years old.
              Average Home Price Index among 17 evaluated neighborhoods in city of Richmond Hill is $1,181,470, and average Home Rent Index $2,612.

              Similar Properties & Community Details:

              There are similar to 302 396 Highway 7 Road East 2 bedr condo apt condos listed For Sale and For Rent in city of Richmond Hill.
              Learn about the prices of Recently Sold Condos and Recently Rented Condos near 396 Highway 7 Road East.
              You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Doncrest neighborhood in city of Richmond Hill.

              Schools:

              There are at least 3 school(s) located near 396 Highway 7 Road East, or schools, which boundaries this address belongs to with an average School Score 8.67 out of 10. Here are more details about these schools:
              1. Doncrest Public School, Public, Elementary, ranked as Excellent.
              2. Doncres Public School / Adrienne Clarkson Public School FI, Public, Elementary, ranked as Excellent.
              3. Thornlea S.S., Public, Secondary, ranked as Excellent.
              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Walkscore, Transitscore, and Bikescore:

              With Walkscore, Transitscore, and Bikescore of 67, 46, and 65 accordingly, location of 396 Highway 7 Road East overall can be described as Somewhat Walkable, Some Transit, and Bikeable.

              302 396 Highway 7 Road East Listings History Powered by AIDA
              Richmond Hill Sales & Rent History Powered by AIDA
              Disclaimer

              All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

              City of Richmond Hill Condos MOI (Months of Inventory)
              Last month sales statistics:
              It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (39 days).
              Sellers are not likely to negotiate the price, but it is easier to sell your own property.
              Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
              How often similar homes sell?
              You may expect 24 to 29 properties like that to be sold in Doncrest during the next 30 days.
              Seasonal sales fluctuation is showing -7% inventory decline comparing to the average annual number, which is equvalent to 28.67 properties sold per month, and -15% decline comparing to the last six months.
              How soon can it be sold?
              This property has been on the market for 13 days, which is 19 days less than the recent sales average and can be considered as a relatively new listing that can be sold at any time if the price is right.
              Seasonal sales fluctuation is showing 29% D.O.M. increase comparing to the average annual number, which is equvalent to 25 D.O.M., and 19% increase comparing to the last six months indicating slightly declining demand for this type of property within this price range.
              At what price can it be sold?
              Similar properties currently sell at 1.78% below its asking price in Doncrest.
              The selling to asking price ratio is declining in Doncrest.
              This property has not been on the market for long enough yet to guess if it can be sold above the asking price, but it can get sold in the nearest future if the price is right.
              302 396 Highway 7 Road East Investor's Outlook Powered by AIDA

              Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Doncrest, Richmond Hill, to the City of Richmond Hill for the projects listed on our site.

              Comparative analysis of location's Walkscore, Transitscore, Bikescore and Schoolscore.

              Price Index 1y

              Price Index change was +13.72% comparig to the City of Richmond Hill average of +12.06%

              Price Index 3y

              Price Index change was +15.62% comparig to the City of Richmond Hill average of +7.62%

              Rent Index 1y

              Rent Index change was +3.19% comparig to the City of Richmond Hill average of +6.82%

              Rent Index 3y

              Rent Index change was +15.62% comparig to the City of Richmond Hill average of +7.62%

              Walkscore

              Walkscore 67 out of 100 means Somewhat Walkable

              Transitscore

              Transitscore 46 out of 100 means Some Transit

              Bikescore

              No sufficient data available

              Schoolscore

              Schoolscore is 8.67 out of maximum 10 points

              Schools and Ratings

              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Demographics & Housing Statistics

              $9,400 Cashback
              $628,800
              2br 2ba 900-999sf

              Prop Tax

              $2,272

              Maint.

              $849

              Exposure

              E

              Mortg/m

              $ calculator

              WalkScore

              53

              Compare$592,145

              $10,500 Cashback
              $699,999
              2br 2ba 1000-1199sf

              Prop Tax

              $2,981

              Maint.

              $967

              Exposure

              Nw

              Mortg/m

              $ calculator

              WalkScore

              19

              Compare n/a

              $9,400 Cashback
              $629,000
              2+1br 2ba 1000-1199sf

              Prop Tax

              $1,978

              Maint.

              $700

              Exposure

              S

              Mortg/m

              $ calculator

              WalkScore

              43

              Compare n/a

              $9,400 Cashback
              $629,000
              2br 2ba 1000-1199sf

              Prop Tax

              $2,795

              Maint.

              $719

              Exposure

              N

              Mortg/m

              $ calculator

              WalkScore

              73

              Compare n/a

              $10,300 Cashback
              $688,000
              2+1br 2ba 900-999sf

              Prop Tax

              $1

              Maint.

              $581

              Exposure

              Sw

              Mortg/m

              $ calculator

              WalkScore

              46

              Compare n/a

              Sold Cnd
              $629,900
              2+1br 2ba 900-999sf

              Prop Tax

              $2,566

              Maint.

              $758

              Exposure

              Nw

              Mortg/m

              $ calculator

              WalkScore

              36

              Compare n/a

              Sold Cnd
              $659,000
              2br 2ba 900-999sf

              Prop Tax

              $3,399

              Maint.

              $572

              Exposure

              N

              Mortg/m

              $ calculator

              WalkScore

              70

              Compare n/a

              Sold Cnd
              $699,000
              2br 2ba 1000-1199sf

              Prop Tax

              $2,586

              Maint.

              $938

              Exposure

              Se

              Mortg/m

              $ calculator

              WalkScore

              68

              Compare$578,055

              $11,200 Cashback
              $749,000
              2br 2ba 1200-1399sf

              Prop Tax

              $3,491

              Maint.

              $874

              Exposure

              W

              Mortg/m

              $ calculator

              WalkScore

              73

              Compare$606,200

              $11,900 Cashback
              $790,000
              2+1br 2ba 1200-1399sf

              Prop Tax

              $2,449

              Maint.

              $930

              Exposure

              E

              Mortg/m

              $ calculator

              WalkScore

              70

              Compare$624,289

              Sold Cnd
              $605,000
              2+1br 2ba 1000-1199sf

              Prop Tax

              $2,076

              Maint.

              $813

              Exposure

              E

              Mortg/m

              $ calculator

              WalkScore

              49

              Compare$512,267