$488,000 - 370 Highway 7 N/A Unit 217, Richmond Hill
Condo for Sale in Richmond Hill
New — Listed 6 days agoNeighbourhood: Doncrest
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- MLS Number
- N13848810
- Property Type
- Condo
- Status
- active
- Days on Site
- 6
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Richmond Hill
- Taxes (2026)
- $2,326
- Maintenance Fees
- $622/mo
- Locker
- Owned
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- AIMHOME REALTY INC.
FULLY RENOVATED IN 2023 - MOVE-IN READY! Bright & Functional 1 Bedroom + Den (~650 Sqft) In Coveted Doncrest. Freshly Painted, Brand-New Kitchen Cabinets, New Stainless Steel Appliances, New Granite Countertops, New Bathroom Vanity/Sink & Wall Cabinet, And New Laminate Flooring Throughout - All Completed In 2023. Open-Concept Living/Dining With Large West-Facing Windows & Walk-Out To Open Balcony. Versatile Den (Separate Room) Ideal As 2nd Bedroom Or Home Office. Good-Sized Primary Bedroom With Walk-In Closet. 1 Underground Parking (#106) + 1 Owned Locker Included. Maintenance ($622/Mo) Covers Heat, Water, Building Insurance & Parking. Steps To Viva, Plazas, Supermarkets, Restaurants & Banks; Minutes To GO Transit & Hwys 404/407. Excellent School Zone (Doncrest, Thornlea, Bayview). Great For Self-Use & Investment - Must See!
Estimate your monthly payments for this property
Estimated Payment
$2,503.69/mo
Includes CMHC insurance ($13,615)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Doncrest
Doncrest is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Doncrest
- •Convenient location in Richmond Hill
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Doncrest offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
370 Highway 7 N/A Unit 217, Richmond Hill
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $813/sqft, this property is priced in line with current Richmond Hill market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Just Listed - Act Strategically
This property hit the market within the last week. In Richmond Hill's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. The $622/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
About Doncrest
I know Doncrest well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.