Skip to main
    Richmond Hill / Doncrest

    Suite 912 - 398 Highway 7 Rd E

    For SaleValleymede Towers Condos
    $828,888
    Price Cut: $860,000
    2 Beds
    2 Bath
    1 Parking
    840 SQFT
    7 Days on Strata
    Est Sell Timeframe
    21 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Property Type:
    Condo
    Maintenance Fees:
    $827/mth
    Taxes:
    $2,925 (2024)
    Cost Per Sqft:
    $987/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    North West
    Possession Date:
    April 1, 2025
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Fan Coil

    Room Dimensions

    Living
    Vinyl Floor, Combined with Dining, Walk-Out
    20.18 x 10.76ft
    Dining
    Vinyl Floor, Combined with Living
    20.18 x 10.76ft
    Kitchen
    Vinyl Floor, Quartz Counter, Stainless Steel Appliances
    20.18 x 6.56ft

    About this Listing

    BONUS: ONE YEAR FREE MAINTENANCE! Buyer receives a 12-month maintenance credit at closing - A rare opportunity to save while securing a premium & luxurious 2-bed corner unit at Valleymede Tower. Stunning 5-year-old corner unit with unobstructed NW views and a peaceful courtyard. Located at Hwy 7 & Valleymede, this upgraded home features 9-ft ceilings, stylish vinyl flooring, and premium finishes throughout. The modern kitchen boasts quartz countertops, stainless steel appliances, and a sleek backsplash. Both bathrooms showcase upgraded tiles, full-wall tiling in the ensuite, a stylish vanity wall in the main bath, waterfall vanities, and a glass tub enclosure for a luxurious feel. The primary bedroom offers double closets and a private ensuite. Enjoy a spacious balcony, perfect for relaxation. Amenities include a gym, party room, game room, and library. Steps to Viva Transit, restaurants, and shops, with easy access to Hwys 404, 407, and Yonge St. A rare opportunity in a prime location!

    international realty firm, inc.MLS® #N11986849

    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