372 Highway 7 E 801

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372 Highway 7 E 801, Richmond Hill
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4 + 1
ROOMS
N4216710
MLSID
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Property Description
New Lux Royal Gardens Condo * Functional 1 Bedroom + Den 640 Sq.Ft.+ 75 Sq.F.T. Balcony * Good Size Den Can Be Used As 2nd Bedroom * Walk To Plazas, Shops, Restaurants, Supermarket, Step To Public Transits, Minutes To Hwy 407, 404 * 24-Hr Concierge/Security * Excellent Condo Facilities *
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-12-12 2021-01-15 34 $1,800 - Terminated
2020-08-17 2020-11-30 105 $1,900 - Expired
Extras
S/S Fridge, S/S Stove, S/S Built-In Microwave, S/S Dishwasher, Stack-Up Style Washer & Dryer, Granite Kitchen Counter Top, 1 Parking, 1 Locker Included
Property Features
Part Cleared, Public Transit
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,210 (2018)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (Level 1/171)
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingFlat10.01' x 20.37'Laminate, Combined W/Dining, W/O To Balcony
DiningFlat10.01' x 20.37'Laminate, Combined W/Living, Open Concept
KitchenFlat10.01' x 10.89'Granite Counter, Stainless Steel Appl, Modern Kitchen
MasterFlat10.01' x 12.01'Laminate, 4 Pc Bath, W/I Closet
DenFlat6.56' x 8.01'Laminate, Separate Rm
Richmond Hill Market Statistics
Richmond Hill Price Trend
372 Highway 7 E 801 is a 1-bedroom 1-bathroom condo listed for sale at $429,900, which is $152,164 (26.1%) lower than the average sold price of $582,064 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 1 bedroom condo in Richmond Hill increased by $15,354 (2.7%) compared to the previous 30 day period (February 25 - March 25) and down $30,936 (5.0%) from the same time one year ago.
Inventory Change
There were 46 1-bedroom condos listed in Richmond Hill over the last 30 days (March 26 - April 24), which is up 21.1% compared with the previous 30 day period (February 25 - March 25) and up 12.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Richmond Hill typically sold ($5,312) (0.9%) below asking price over the last 30 days (March 26 - April 24), which represents a $2,222 increase compared to the previous 30 day period (February 25 - March 25) and ($8,780) 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 (March 26 - April 24) stood at 67.4%, up from 63.2% over the previous 30 days (February 25 - March 25) and down from 75.6% 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 21 days when successfully sold over the last 30 days (March 26 - April 24), compared to 57 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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