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    Richmond Hill / Doncrest

    823 - 370 Hwy 7 Rd E

    For SaleRoyal Gardens Condos
    $678,800
    Price Increase: $599,900
    2 Beds
    2 Bath
    1 Parking
    800 SQFT
    51 Days on Strata
    Est Sell Timeframe
    15 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $733/mth
    Taxes:
    $2,518 (2024)
    Cost Per Sqft:
    $849/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    North East
    Possession Date:
    August 3, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Walkout To Balcony, Combined with Dining
    20.51 x 13.62ft
    Dining
    Vinyl Floor, Combined with Kitchen
    20.51 x 13.62ft
    Kitchen
    Open Concept, Combined with Dining
    20.51 x 13.62ft

    About this Listing

    Fabulous Breathtaking View at This Corner Unit!! Highly Desirable 2 Bed, 2 Full Bath with Extra Wide Parking Spot & Extra Large Locker Attached to the Parking!! Ideal Split Bedroom Plan with Almost 800Sf + 40Sf Balcony In A Prime Location At Central Richmond Hill. Steps To Viva Station, Minutes To Hwy 404 & 407, Langstaff Go Train, Grocery Stores, Shops, Restaurants, & Parks. Great Amenities On-Site.

    ExtrasUpgraded Vinyl Floors; Windows on 2 Sides; Open Concept Kitchen W/ Granite Counter; Marble Vanity Tops

    first class realty inc.MLS® #N9234490

    Amenities

    Rooftop Deck
    Rec Room
    Bike Storage
    Games Room
    Security System
    Gym Room

    Explore Neighbourhood

    7/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    4/10
    Transit
    It's a dice roll — but hey, sometimes you roll a six!
    6/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    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

    Royal Gardens Condos vs The Doncrest Area

    Building Trends At Royal Gardens Condos

    Days on Strata

    Units at Royal Gardens Condos spend an average of
    27
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Doncrest

    Turnover of Units

    On average, each unit is owned for
    6
    YEARS before being sold again

    Property Value

    -6%
    Decrease in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 16 condos in the Doncrest area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    24
    Units were Rented over the past twelve months

    Best Value Rank

    Royal Gardens Condos offers the
    ?
    best value out of 16 condos in the Doncrest neighbourhood

    Appreciation Rank

    Royal Gardens Condos has the
    ?
    highest ROI out of 16 condos in the Doncrest neighbourhood

    Rental Yield

    Royal Gardens Condos yields the
    ?
    highest rent prices out of 16 condos in the Doncrest neighbourhood

    High Demand

    Royal Gardens Condos is the
    ?
    most popular building out of 16 condos in the Doncrest neighbourhood

    Transaction Insights at 370 Highway 7

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$524,500 - $580,000$623,800 - $646,000$675,000 - $678,000$800,000No DataNo Data
    Avg. Cost Per Sqft$985$906$825$745No DataNo Data
    Avg. Wait for Unit Availability70 Days70 Days88 Days276 Days154 Days147 Days
    Ratio of Units in Building30%33%19%8%8%5%

    Transactions vs Inventory

    Total number of units listed and sold in Doncrest