370 Highway 7 St E 615

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370 Highway 7 St E 615, Richmond Hill
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
N4099530
MLSID
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Property Description
Luxury 1 Bedroom Condo In The Heart Of Richmond Hill. 540 Sqft W/82 Sqft Balcony Accessible From Both Living Rm & Bedroom. Spacious & Bright Unit Facing The Courtyard With Great Functional Layout. Upgraded. Laminate Flooring Throughout. Upgraded & Modern Kitchen W/Quartz Countertop, Backsplash & Ss Appliances. Steps To Viva, Shopping, Restaurants & 407/404. 1 Parking Located Right Across Entrance Included.
Extras
S/S Fridge, Stove, B/I Dishwasher, B/I Microwave, Washer & Dryer (White), All Existing Elfs' & Window Coverings. Amenities Incl: Gym, Party Room, Media Room, 24 Hr Concierge & More.
Property Features
Park, Public Transit, Rec Centre, School
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,008 (2018)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (Level B)
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingFlat10.01' x 19.65'Laminate, Combined W/Dining, W/O To Balcony
DiningFlat10.01' x 19.65'Laminate, Combined W/Living, Open Concept
KitchenFlat10.01' x 19.65'Stainless Steel Appl, Granite Counter, Backsplash
BrFlat10.01' x 12.50'Laminate, Large Closet, W/O To Balcony
Richmond Hill Market Statistics
Richmond Hill Price Trend
370 Highway 7 St E 615 is a 1-bedroom 1-bathroom condo listed for sale at $399,900, which is $162,143 (28.8%) lower than the average sold price of $562,043 in the last 30 days (February 27 - March 27). During the last 30 days the average sold price for a 1 bedroom condo in Richmond Hill declined by $26,157 (4.4%) compared to the previous 30 day period (January 28 - February 26) and down $41,525 (6.9%) from the same time one year ago.
Inventory Change
There were 39 1-bedroom condos listed in Richmond Hill over the last 30 days (February 27 - March 27), which is up 2.6% compared with the previous 30 day period (January 28 - February 26) and up 25.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Richmond Hill typically sold ($8,909) (1.6%) below asking price over the last 30 days (February 27 - March 27), which represents a $6,519 decrease compared to the previous 30 day period (January 28 - February 26) and ($9,909) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Richmond Hill over the last 30 days (February 27 - March 27) stood at 61.5%, down from 65.8% over the previous 30 days (January 28 - February 26) and up from 61.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Richmond Hill stood at 29 days when successfully sold over the last 30 days (February 27 - March 27), compared to 21 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Heritage Group Ltd., Brokerage
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