1508 - 398 Highway 7 E
For SaleValleymede Towers CondosEst Sell Timeframe 10 Days
$638,000
Price Increase: $578,000
1 Bed + 1
1 Bath
1 Parking
620 SQFT
79 Days on Strata
Listing History
Unit Highlights
Property Type:
Condo
Maintenance Fees:
$638/mth
Taxes:
$2,338 (2023)
Cost Per Sqft:
$1,029/sqft
Locker:
Owned
Outdoor Space:
Balcony
Exposure:
South
Possession Date:
To Be Arranged
Laundry:
Ensuite
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, South View, Laminate
0 x 0ft
Dining
Combined with Living, Walkout To Balcony, Laminate
0 x 0ft
Kitchen
Combined with Dining, Modern Kitchen, Laminate
0 x 0ft
About this Listing
High Demand Location in the Luxurious Valleymede Tower. Offered One Bedroom & Den Condo. Den is Big Enough To Be a Second Bedroom or office.South Facing with Bright and Functional Layout. CN Tower view.9 Ft Ceiling, Laminate Throughout . Modern Open Concept Kitchen with Quartz Countertop & S/S Appliances. Heart Of Markham, Close To All Amenities, School, Viva Transit, Restaurants, Banks, Plazas, Grocery. Only few min to 404 and 407.
joynet realty inc.MLS® #N9250829
Amenities
Indoor Parking
Games Room
Concierge
Gym Room
Party Room
Guest Suites
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
Household Income
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
34
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
9%
above
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Doncrest
Turnover of Units
On average, each unit is owned for
4.8
YEARS before being sold againProperty Value
-2%
Decrease in property value within the past twelve months
Price Ranking
1st
Highest price per SQFT out of 12 condos in the Doncrest area
Sold Units
5
Units were Sold over the past twelve months
Rented Units
19
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 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% |
Transactions vs Inventory
Total number of units listed and sold in Doncrest