398 Highway 7 & 396 Highway 7
Building Details
Listing History for Valleymede Towers Condos
Amenities
Maintenance Fees
About 398 Highway 7 — Valleymede Towers Condos
Valleymede Towers Condos stands 15 storeys tall at 396 Highway 7, 398 Highway 7 and contains 308 units. This Richmond Hill condo was completed in 2020 by Times Group Corporation . Suite sizes range from 529 square feet to 2200 square feet.
This condo has a Walk Score of 75 and an average demand ranking, based on Strata.ca’s analytics. Maintenance fees at 396 Highway 7, 398 Highway 7 are $0.91 per-square-foot, which is notably higher than the city average of about $0.67.
The Suites
The average cost per-square-foot for a unit at 396 Highway 7, 398 Highway 7 is $928 based on the past 12 months of sales, making this one of the most expensive buildings in the area. These suites have a medium probability of receiving multiple offers.
Units at Valleymede Towers Condos spend 30 days on the market on average and usually sell for 8.61% above the listing price. In the last 12 months, 19 units have rented, and 6 have sold.
The Neighbourhood
Living here means you’re just a 6-minute walk from Popeyes Louisiana Kitchen, Ten Ren's Tea and Tim Hortons, making it easy to dazzle your taste buds without much effort. There’s always time for coffee with McDonald's, Machi Machi and Now Tea Commerce Gate a short 11-minute walk away.
There are a number of grocery stores within a short drive, including Takchong Food Mart and Bayview Food Mart.
Valleymede Towers Condos is a great choice for residents who are money conscious — with banks like Scotiabank and HSBC Bank nearby.
Everyone can benefit from sunshine and Vitamin D, so you’ll love to know that Dollar Hamlet Park, Suncrest Park and Red Oak Parkette are less than 8 minutes walking distance from 396 Highway 7, 398 Highway 7.
Enhance your personal style while living in the Doncrest neighbourhood by visiting Doncrest Market Place, The Galleria Shoppes and Jubilee Square.
If you're open to commuting, a quick transit ride offers even more options, including My Math Centre and St. Robert Catholic High School.
Transportation
Taking public transit? The nearest light transit stop is Highway 7 / Times Av. Those who live in the area can easily drive to Finch Station, just 20 minutes from the building.
Curious about similar condos in the area? Check out 372-382 Highway 7, 62 Suncrest Boulevard and 370 Highway 7 — all within walking distance.
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Price Increase: $60,000 (Sep 1)
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Price Trends
Maintenance Fees
Building Trends At Valleymede Towers Condos
Days on Strata
List vs Selling Price
Offer Competition
Turnover of Units
Property Value
Price Ranking
Sold Units
Rented Units
Best Value Rank
Appreciation Rank
Rental Yield
High Demand
Transaction Insights at 398 Highway 7
1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
---|---|---|---|---|---|
Price Range | No Data | $615,000 - $633,000 | $747,500 | $803,000 - $910,000 | No Data |
Avg. Cost Per Sqft | No Data | $1,032 | $889 | $756 | No Data |
Price Range | $2,300 - $2,350 | $2,400 - $2,500 | $1,590 - $2,990 | $3,000 - $3,200 | No Data |
Avg. Wait for Unit Availability | No Data | 72 Days | 132 Days | 112 Days | 55 Days |
Avg. Wait for Unit Availability | 75 Days | 23 Days | 63 Days | 37 Days | No Data |
Ratio of Units in Building | 12% | 40% | 18% | 28% | 5% |
Unit Sales vs Inventory
Total number of units listed and sold in Doncrest