Condo for sale at 1012-398 Hwy 7, Richmond Hill, Ontario, L4B 0G6 - Doncrest - MLS: N12467396

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1012-398 Hwy 7

Richmond Hill, Ontario, L4B 0G6 - Doncrest

$649,000

Virtual Tour

Neighbourhood

Doncrest
Major Intersection

Leslie/Hwy 7

Listed Since: 2 day(s)
Last update: today

Virtual Tour

Overview

Property Type

Condo Apt, Apartment
Bedrooms

2
Bathrooms

2
Square Feet

800-899
Exposure

West
Total Parking

1 Underground Garage
Maintenance

$827
Taxes

$3,014.37 (2025)
Balcony

Open

Property Description

Property description for 1012-398 Hwy 7, Richmond Hill

Rarely Offered North-West Corner Unit In The Luxurious Valleymede Tower! Welcome To This Stunning And Spacious 2-Bedroom, 2-Bathroom Corner Suite In The Highly Sought-After Valleymede Tower, Ideally Located In The Heart Of Richmond Hill. Boasting 860Sqft Interior Space Plus An 80Sqft Large Private Balcony With Breathtaking, Unobstructed Views, Offering Both Sunlight And Serenity Throughout The Day. Step Inside And Be Greeted By A Functional, Sun-Filled Open-Concept Layout Featuring 9-Foot Ceilings And Premium Laminate Flooring Throughout. The Modern Kitchen Is A True Chef's Delight, Equipped With Quartz Countertops, A Stylish Backsplash, Stainless Steel Appliances, Fontile Smart Range Hood, And A Drinkable Water System, Combining Convenience With Sophistication. The Primary Bedroom Features Ample Closet Space And A 4-Piece Ensuite Bathroom, While The Second Bedroom Offers Flexibility As A Guest Room, Home Office, Or Children's Bedroom-Both Generous In Size And Beautifully Finished. This Newer Building Comes With No Rent Increase Restrictions, Making It A Great Choice For Both Homeowners And Investors. Enjoy The Premium Amenities Valleymede Tower Has To Offer, Including A Well-Equipped Fitness Centre, Party Room, Pool Table, And More, All Within A Well-Managed And Secure Community. Maintenance Fees Include High-Speed Internet, Providing Extra Value And Convenience.1 Parking Space And 1 Locker Included. Unbeatable Location: Steps To Viva Transit, Minutes To Hwy 404, Hwy 407, And Langstaff GO Station Close To Richmond Hill Centre Transit Terminal And Future T&T Supermarket (Planned Nearby)Surrounded By Top-Rated Schools: Thornlea Secondary School (1.8 Km), Public And Catholic Elementary Schools Within 2 Km Walking Distance To Restaurants, Shops, Banks, Parks, And Community Centers. Minutes To Grocery Stores, Theatres, Golf Clubs Perfect For Professionals, Young Families, Or Savvy Investors Seeking Comfort, Style, And Long-Term Value.

Listed by SMART SOLD REALTY

Property details

MLS #

N12467396
Sq. Ft

800-899
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

Owned
Pets Permitted

Yes-with Restrictions
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

Concierge,Gym,Visitor Parking
Maintenance Fee Includes

Heat, Parking
Property Management

Connection Properties Group
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

MLS #

N12467396
Sq. Ft

800-899
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

Owned
Pets Permitted

Yes-with Restrictions
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

Concierge,Gym,Visitor Parking
Maintenance Fee Includes

Heat, Parking
Property Management

Connection Properties Group
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

Living

6.15 x 3.28 ft Main level

Laminate, Combined W/Dining, W/O To Balcony
Dining

6.15 x 3.28 ft Main level

Laminate, Combined W/Living, Combined W/Kitchen
Kitchen

6.15 x 3.28 ft Main level

Laminate, Stainless Steel Appl, Quartz Counter
Primary

3.3 x 3.05 ft Main level

Laminate, 3 Pc Ensuite, Double Closet
2nd Br

3.15 x 3.1 ft Main level

Laminate, Large Window, Closet

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

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Local Real Estate Price Trends for Condo Apt in Doncrest

Active listings

Average Selling Price of a Condo Apt

September 2025

$490,000

Last 3 Months

$603,784

Last 12 Months

$615,498

September 2024

$699,000

Last 3 Months LY

$648,713

Last 12 Months LY

$603,873

Change

-30%

Change

-7%

Change

Historical Average Selling Price of a Condo Apt in Doncrest

Average Selling Price

3 years ago

$708,750

Average Selling Price

5 years ago

$545,736

Average Selling Price

10 years ago

$362,311

Change

-31%

Change

-10%

Change

35%

How many days Condo Apt takes to sell (DOM)

September 2025

Last 3 Months

Last 12 Months

September 2024

Last 3 Months LY

Last 12 Months LY

Change

22%

Change

27%

Change

56%

Average Selling price

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First time home buyer

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.