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    372-382 Highway 7

    Royal Gardens II Condos
    3for Sale
    4for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    10
    Number of Units:
    440
    Condo Completion:
    2014
    Condo Demand:
    Medium
    Unit Size Range:
    403 - 2,550 SQFT
    Unit Availability:
    Medium

    Listing History for Royal Gardens II Condos

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    Amenities

    Concierge
    Indoor Parking
    Rooftop Deck
    Party Room
    Guest Suites
    Media Room

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Excluded
    Hydro

    About 372-382 Highway 7Royal Gardens II Condos

    Located at 372-382 Highway 7, Royal Gardens II Condos is a 10-storey condo containing 440 units. These Richmond Hill condos for sale were completed in 2014 with units starting at 403 square feet, ranging up to 2550 square feet. What makes a Doncrest condo for sale most appealing is all that the neighbourhood has to offer.

    This condo has a Walk Score of 73 and an average demand ranking, based on Strata.ca’s analytics. Maintenance fees are $0.59 per-square-foot, which is lower than the neighbourhood average of $0.73 per-square-foot.

    The Suites

    On average, units at 372-382 Highway 7 sell 0.08% above the list price, and units have a medium chance of receiving multiple offers (aka a “bidding war”). The average cost per-square-foot in the condo (based on past 12 months of sales) is $795 and units sell with 38 days on market on average. Over the past 12 months, 19 have sold and 42 have have been rented here.

    The Neighbourhood

    Those who call this condo home never have to travel far for dining out, as Popeyes Louisiana Kitchen, Ten Ren's Tea and Tim Hortons are all within 7 minutes walking distance from 372-382 Highway 7. With cafes such as McDonald's, Machi Machi and Now Tea Commerce Gate only a short 12-minute walk away, grabbing a coffee while living at Royal Gardens II Condos is a breeze.

    Grocery shopping is never a chore with stores such as Takchong Food Mart and Bayview Food Mart in the area.

    Royal Gardens II Condos is a great choice for residents who are money conscious — with banks like Scotiabank and HSBC Bank nearby.

    Having Dollar Hamlet Park, Suncrest Park and Red Oak Parkette within 9 minutes walking distance is invaluable, considering easy access to green spaces can dramatically improve your quality of life.

    Like to shop? Everything you need is close by when you live at 372-382 Highway 7, including Doncrest Market Place, The Galleria Shoppes and Jubilee Square which are only 12 away.

    If you're open to commuting, a quick transit ride offers even more options, including My Math Centre and Thornlea Secondary School.

    Transportation

    Transit users will need to trek a bit to Highway 7 / Times Av, the nearest light transit stop. Finch Station is about a 20-minute drive from the building.

    In the event that you can’t land a unit in this building, there are some similar condos within walking distance at 396 Highway 7, 370 Highway 7 and 62 Suncrest Boulevard.

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    Explore Doncrest

    7/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    5/10
    Transit
    It's a dice roll — but hey, sometimes you roll a six!
    6/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar condos

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    28,740
    Average Individual Income
    $83,140
    Average Household Size
    2 persons
    Average Age
    44
    Average Household Income
    $148,314
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    20%
    20 - 34
    18%
    35 - 49
    22%
    50 - 64
    22%
    65+
    14%
    Household Income
    $0 - $30,000
    40%
    $30,000+
    22%
    $60,000+
    16%
    $90,000+
    11%
    $125,000+
    8%
    Housing Types & Tenancy
    Detached
    78%
    Semi Detached
    12%
    Duplex
    3%
    Low Rise Apartment
    2%
    High Rise Apartment
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    86%
    Other
    8%
    Mandarin
    3%
    Cantonese
    2%
    Russian
    1%
    Education
    High School
    29%
    University and Above
    27%
    College
    20%
    None
    15%
    Apprenticeship
    5%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    23%
    Architecture & Engineering
    19%
    Social Sciences
    14%
    Health & Related Fields
    11%
    Personal, Protective & Transportation Services
    5%
    Humanities
    5%
    Math & Computer Sciences
    5%
    Education
    5%
    Physical Sciences
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    Royal Gardens II Condos vs The Doncrest Area

    Days on Strata

    Units at Royal Gardens II Condos spend an average of
    38
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Doncrest

    Turnover of Units

    On average, each unit is owned for
    3.6
    YEARS before being sold again

    Property Value

    -4%
    Decrease in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 12 condos in the Doncrest area

    Sold Units

    18
    Units were Sold over the past twelve months

    Rented Units

    41
    Units were Rented over the past twelve months

    Best Value Rank

    Royal Gardens II Condos offers the
    ?
    best value out of 12 condos in the Doncrest neighbourhood

    Appreciation Rank

    Royal Gardens II Condos has the
    ?
    highest ROI out of 12 condos in the Doncrest neighbourhood

    Rental Yield

    Royal Gardens II Condos yields the
    ?
    highest rent prices out of 12 condos in the Doncrest neighbourhood

    High Demand

    Royal Gardens II Condos is the
    ?
    most popular building out of 12 condos in the Doncrest neighbourhood

    Transaction Insights at 372-382 Highway 7

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$515,000 - $900,000$588,888 - $673,800$652,800$650,000 - $785,000No DataNo Data
    Avg. Cost Per Sqft$985$887$841$856No DataNo Data
    Avg. Wait for Unit Availability29 Days18 Days116 Days187 Days170 Days665 Days
    Ratio of Units in Building35%47%9%5%4%2%

    Unit Sales vs Inventory

    Total number of units listed and sold in Doncrest