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    1606 - 398 Highway 7 E

    $868,0002 bds2 ba1 pk800 - 899 sqft
    13 Days on Strata
    Est Sell Timeframe:
    21 Days
    $868,000
    2 Beds
    2 Bath
    1 Parking
    800 - 899 SQFT

    Listing History


    Details

    Property Type:

    Condo

    Maintenance Fees:

    $907/mth

    Taxes:

    $3,083 (2024)

    Cost Per Sqft:

    $966 - $1,085/sqft

    Outdoor Space:

    Balcony

    Locker:

    Owned

    Exposure:

    South East

    Possession Date:

    May 1, 2025

    Laundry:

    Main

    Amenities

    Indoor Parking
    Guest Suites
    Gym
    Security System
    Visitor Parking
    Games Room
    Party Room
    Rec Room
    Concierge

    About this Listing

    Rarely Available! Spacious, Bright corner 2 Bed, 2 Bath unit with 2 Parking Spots and Locker! Prime Location at Hwy 7 & Valleymede, featuring two generously sized bedrooms, two full bathrooms, Enjoy unobstructed southeast views, abundant natural light, and a bright, airy layout with 9-foot ceilings and high-grade laminate flooring throughout.The open-concept kitchen is equipped with quartz countertops and stainless steel appliances. The primary bedroom offer a private ensuite. Located just steps from Viva transit, restaurants, banks, schools, and shops, with easy access to Hwy 404, Yonge, and Hwy 407.The building impresses with its quality construction, stylish lobby, and a full range of amenities, including a gym, party room, game room, and library.**Extras** S/S Fridge , Stove, Dishwasher, Washer & Dryer, Microwave, Window Blind &, Light Fixtures, 2 parking spaces and 1 locker included.

    ExtrasS/S Fridge , Stove, Dishwasher, Washer & Dryer, Microwave, Window Blind &, Light Fixtures , 2 parking spaces and 1 locker included,Also Maint. Fee Includes Internet Service

    bay street group inc.MLS® #N12071205

    Fees & Utilities

    Maintenance Fees

    Included in Fees
    Heat
    Parking
    Building Maintenance
    Building Insurance
    Not Included
    Hydro
    Air Conditioning
    Water

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    No Data

    Heating

    Forced Air

    Room Dimensions

    Living

    Combined with Dining, Laminate, Walkout To Balcony

    18.08 x 10.83ft

    Dining

    Combined with Living, Laminate, Walkout To Balcony

    18.08 x 10.83ft

    Kitchen

    Open Concept, Laminate, Backsplash

    13.78 x 10.83ft

    Primary

    Laminate, Closet, 4 Piece Ensuite

    12.34 x 10.01ft

    2nd Bedroom

    Laminate, Closet, Large Window

    10.01 x 11.42ft

    Buyer's Market
    Balanced
    Seller's Market

    Similar Listings

    Explore Doncrest


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    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.

    Mortgage Calculator


    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%


    Days on Strata

    Units at Valleymede Towers Condos spend an average of
    41
    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

    -13%
    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

    3
    Units were Sold over the past twelve months

    Rented Units

    14
    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

    Market Insights

    Transaction Insights at Valleymede Towers Condos

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$615,000No Data$760,000 - $803,000No Data
    Avg. Cost Per SqftNo Data$993No Data$859No Data
    Avg. Wait for Unit AvailabilityNo Data88 Days139 Days109 Days55 Days
    Ratio of Units in Building12%39%18%28%5%

    Market Inventory

    Total number of units listed and sold in Doncrest