372 Highway 7 Road, Unit 5, Richmond Hill, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Doncrest. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $499,999 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 600-699 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to Luxury Royal Gardens Condo Located In The Centre Of Richmond Hill. Very Functional 1 Bedroom + Den Unit With 645sqft. Spacious & Absolutely Gorgeous East View from Balcony, Den With Closet Can Be 2nd Bedroom, Open Concept Modern Kitchen With S/S Appliances, Granite Countertop, Laminate Floor Through/Out. Building With 24 Hours Concierge. Amazing Amenities, Exercise Room, Party Room, Ball Room, Golf Room, Rooftop Garden W/ BBQ, Whirlpool & Sauna, Visitor Parking! Steps To Viva, Restaurants, Shops. Mins To Hwy 404/407 And Go Station. And Within Walking Distance To Time Square & Commerce Gate. A Must See and Buy!!
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Property Summary
This condo apartment located at 372 Highway 7 Road, Richmond Hill is currently for sale and has been available on SousaSells for 661 days. This property is listed at $499,999 with an estimated mortgage of $1,664* per month. It has 2 beds, 1 bathroom, and is 600-699 square feet. 372 Highway 7 Road, Richmond Hill is in the Doncrest neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 372 Highway 7 Road E 223, Richmond Hill, ON L4B 0C6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Richmond Hill, ON
For a property listed at $499,999 in Richmond Hill, the legal minimum down payment is $25,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,475 for this transaction. As this listing is in Richmond Hill (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,475.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.