376 Highway 7 Ave E 505

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376 Highway 7 Ave E 505, Richmond Hill
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
N3668888
MLSID
Contact Us
Property Description
1-Bedroom + Den With Unobstructed East View; Practical & Usable Layout; Open Concept Living/Dining Room & Kitchen, Spacious & Sun-Filled Bedroom. Den Can Be Used As 2nd Bedroom. Prime Richmond Hill Location. Steps To Public Transit, Restaurants,Banks, Schools, Shopping Plazas, Medical Centres & Park. Minutes To 404 & 407.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-08-07 2023-09-20 44 $658,000 $625,000 Sold
Extras
All Existing: S/S Fridge,Stove,B/I Dishwasher,B/I Microwave/Hood,Washer/Dryer,All Elf's,All Window Coverings. (Excluded Chandelier )
Property Features
Public Transit, Rec Centre, School
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,234 (2016)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingFlat10.66' x 15.26'Combined W/Dining, Laminate, W/O To Balcony
DiningFlat10.66' x 15.26'Combined W/Living, Laminate, Open Concept
KitchenFlat4.40' x 12.43'Modern Kitchen, Granite Counter, Stainless Steel Appl
MasterFlat9.61' x 13.22'Window, Laminate, Mirrored Closet
DenFlat6.36' x 7.71'Laminate, Closet, Separate Rm
BathroomFlat4.86' x 8.99'4 Pc Bath
Richmond Hill Market Statistics
Richmond Hill Price Trend
376 Highway 7 Ave E 505 is a 1-bedroom 1-bathroom condo listed for sale at $349,000, which is $233,064 (40.0%) 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 Re/Max Realtron Realty Inc., Brokerage
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