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Price Change$599,000

303 - 398 Highway 7 Street E

Doncrest, Richmond Hill

$649,900

Condo Apartment |
2 + 1 | 2 | 1 | 1
About this home

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.

Extras

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Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size900-999 sq. ft.
Maintenance Fees$947
LockerOwned
BalconyEnclosed
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,284
mls© NumberN13576968
Listed ByJDL REALTY INC.
CAC Included
Heat Included
Water Included
Building Insurance Included
Common Elements Included

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.

Down payment20% · $129,980
25-yr amortization

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 check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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