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    Richmond Hill / Doncrest

    603 - 398 Highway 7 E

    For SaleValleymede Towers Condos
    $799,999
    Price Increase: $688,000
    2 Beds + 1
    2 Bath
    1 Parking
    1,000 SQFT
    27 Days on Strata
    Est Sell Timeframe
    21 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Property Type:
    Condo
    Maintenance Fees:
    $969/mth
    Taxes:
    $3,090 (2025)
    Cost Per Sqft:
    $800/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    East
    Possession Date:
    30/60/TBA
    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

    Living
    Combined with Dining, Laminate, Walkout To Balcony
    21.16 x 10.01ft
    Dining
    Combined with Family, Laminate, Open Concept
    21.16 x 10.01ft
    Kitchen
    Custom Backsplash, Open Concept
    10.01 x 9.51ft

    About this Listing

    Welcome to this sophisticated luxury condo in the heart of Richmond Hill! Offering nearly 1,000 sq. ft. of meticulously designed living space, this remarkable unit features one (1) parking spot, one (1) locker, two spacious bedrooms both with Walk in Closet, an oversized den could be an extra bedroom or home office, and two full bathrooms. Enjoy the Freshly Paint, elegance of smooth ceilings throughout and a modern kitchen upgraded with quartz countertops and a seamless one-piece marble backsplash, all complemented by sleek laminate flooring. Bask in breathtaking east-facing, unobstructed views while relishing the convenience of being just steps from Viva Transit, banks, restaurants, and shopping, with effortless access to Hwy 404/407. Dont miss this incredible opportunity schedule your viewing today!

    century 21 the one realtyMLS® #N11956743

    Amenities

    Indoor Parking
    Visitor Parking
    Rec Room
    Gym Room
    Games Room
    Concierge

    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
    38
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Doncrest

    Turnover of Units

    On average, each unit is owned for
    5
    YEARS before being sold again

    Property Value

    -6%
    Decrease in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 12 condos in the Doncrest area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    18
    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 Bed
    Price RangeNo Data$615,000 - $633,000$747,500$760,000 - $910,000No Data
    Avg. Cost Per SqftNo Data$1,019$881$787No Data
    Avg. Wait for Unit AvailabilityNo Data84 Days144 Days109 Days55 Days
    Ratio of Units in Building12%40%18%28%5%

    Transactions vs Inventory

    Total number of units listed and sold in Doncrest