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303 - 398 Highway 7 Street E
Doncrest, Richmond Hill
$649,900
Welcome to **Valleymede Tower**, one of the newest and most desirable buildings in the Highway 7 corridor! This bright and spacious **2-bedroom + den, 2-bathroom** end unit features a functional open-concept layout with **10-ft ceilings**, modern crown moulding, laminate flooring throughout, and unobstructed views. The upgraded kitchen is designed for both style and functionality, offering **quartz countertops, upgraded cabinetry, stainless steel appliances, a stylish backsplash. Spacious principal rooms provide comfortable living, while both generously sized bedrooms feature excellent closet space. Located in an unbeatable location, just a **2-minute walk to Viva/YRT transit**, with shopping, restaurants, banks, parks, schools, and everyday amenities all within walking distance. Enjoy quick access to **Hwy 404 & 407**, making commuting effortless. An exceptional opportunity for first-time buyers, professionals, downsizers, or investors seeking the perfect combination of comfort, convenience, and modern living.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 900-999 sq. ft. |
| Maintenance Fees | $947 |
| Locker | Owned |
| Balcony | Enclosed |
| Exposure | East |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | $3,284 |
| mls© Number | N13576968 |
| Listed By | JDL REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,326
- Property tax
- $274
- Heat allowance
- $150
- Condo fees, half counted
- $473
- Housing costs
- $4,224 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$130,000
gross annual household income
- Payment at 4%
- $2,735 / mo
- Cash down
- $129,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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