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    398 Highway 7 & 396 Highway 7

    Valleymede Towers Condos
    4for Sale
    3for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    15
    Number of Units:
    308
    Condo Completion:
    2020
    Condo Demand:
    Low
    Unit Size Range:
    529 - 2,200 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for Valleymede Towers Condos

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    Amenities

    Concierge
    Indoor Parking
    Party Room
    Rec Room
    Guest Suites
    Visitor Parking

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Excluded
    Hydro
    Water

    About 398 Highway 7Valleymede Towers Condos

    Valleymede Towers Condos stands 15 storeys tall at 396 Highway 7, 398 Highway 7 and contains 308 units. This Richmond Hill condo was completed in 2020 by Times Group Corporation . Suite sizes range from 529 square feet to 2200 square feet.

    This condo has a Walk Score of 75 and a low demand ranking, based on Strata.ca’s analytics. Maintenance fees at 396 Highway 7, 398 Highway 7 are $0.91 per-square-foot, which is notably higher than the city average of about $0.67.

    The Suites

    The average cost per-square-foot for a unit at 396 Highway 7, 398 Highway 7 is $941 based on the past 12 months of sales, making this one of the most expensive buildings in the area. These suites have a medium probability of receiving multiple offers.

    Units at Valleymede Towers Condos spend 34 days on the market on average and usually sell for 11.28% above the listing price. In the last 12 months, 17 units have rented, and 5 have sold.

    The Neighbourhood

    Living here means you’re just a 6-minute walk from Popeyes Louisiana Kitchen, Ten Ren's Tea and Tim Hortons, making it easy to dazzle your taste buds without much effort. There’s always time for coffee with McDonald's, Machi Machi and Now Tea Commerce Gate a short 11-minute walk away.

    There are a number of grocery stores within a short drive, including Takchong Food Mart and Bayview Food Mart.

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

    Everyone can benefit from sunshine and Vitamin D, so you’ll love to know that Dollar Hamlet Park, Suncrest Park and Red Oak Parkette are less than 8 minutes walking distance from 396 Highway 7, 398 Highway 7.

    Enhance your personal style while living in the Doncrest neighbourhood by visiting Doncrest Market Place, The Galleria Shoppes and Jubilee Square.

    If you're open to commuting, a quick transit ride offers even more options, including My Math Centre and St. Robert Catholic High School.

    Transportation

    Taking public transit? The nearest light transit stop is Highway 7 / Times Av. Those who live in the area can easily drive to Finch Station, just 20 minutes from the building.

    Curious about similar condos in the area? Check out 372-382 Highway 7, 62 Suncrest Boulevard and 370 Highway 7 — all within walking distance.

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    4

    Listings For Sale

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    3

    Listings For Rent

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    Explore Doncrest

    7/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    5/10
    Transit
    It's a dice roll — but hey, sometimes you roll a six!
    6/10
    Bikeability
    The bike lane starts to feel like a second home.

    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

    Valleymede Towers Condos vs The Doncrest Area

    Days on Strata

    Units at Valleymede Towers Condos spend an average of
    34
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    11%
    above
    the 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
    4.8
    YEARS before being sold again

    Property Value

    -2%
    Decrease in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 12 condos in the Doncrest area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    17
    Units were Rented over the past twelve months

    Best Value Rank

    Valleymede Towers Condos offers the
    ?
    best value out of 12 condos in the Doncrest neighbourhood

    Appreciation Rank

    Valleymede Towers Condos has the
    ?
    highest ROI out of 12 condos in the Doncrest neighbourhood

    Rental Yield

    Valleymede Towers Condos yields the
    ?
    highest rent prices out of 12 condos in the Doncrest neighbourhood

    High Demand

    Valleymede Towers Condos is the
    ?
    most popular building out of 12 condos in the Doncrest neighbourhood

    Transaction Insights at 398 Highway 7

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$615,000 - $633,000$747,500$803,000 - $910,000No Data
    Avg. Cost Per SqftNo Data$1,032$886$756No Data
    Avg. Wait for Unit AvailabilityNo Data72 Days132 Days112 Days55 Days
    Ratio of Units in Building12%40%18%28%5%

    Unit Sales vs Inventory

    Total number of units listed and sold in Doncrest