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    Richmond Hill / Doncrest

    202 - 372 Highway 7 Rd E

    For SaleRoyal Gardens II Condos
    $699,000
    2 Beds
    2 Bath
    1 Parking
    831 SQFT
    63 Days on Strata
    Est Sell Timeframe
    15 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $556/mth
    Taxes:
    $2,553 (2024)
    Cost Per Sqft:
    $841/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    September 30, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Combined with Dining, Walkout To Balcony
    49.18 x 32.71ft
    Dining
    Laminate, Combined with Living, Open Concept
    49.18 x 32.71ft
    Kitchen
    Laminate, Granite Counter, Stainless Steel Appliances
    29.5 x 24.87ft

    About this Listing

    The Royal Gardens Condos in Richmond Hill present an exquisite opportunity to own a rare 2-bedroom, 2-bathroom corner unit, which stands out in one of the most sought-after areas. This exceptional property offers a functional layout ideal for modern living and the unit boasts upgraded flooring that elegantly complements the kitchen cabinets and showcases stunning quartz countertops, a stylish backsplash, and an undermount sink, all contributing to a welcoming atmosphere. One of the highlights of this home is its inviting walk-out balcony, which allows for breathtaking southern viewsperfect for enjoying morning coffee or evening sunsets. Accessibility is a key feature, with the property being just steps away from Viva transportation, nearby supermarkets, a diverse selection of restaurants, and only minutes from the highway, making it convenient for commuting. As an added bonus, this spectacular unit has been lovingly maintained by the owner since move-in, ensuring that it is in impeccable condition for its next fortunate homeowner.

    century 21 the one realtyMLS® #N9297546

    Amenities

    Concierge
    Party Room
    Rooftop Deck
    Media Room
    Sauna
    Indoor Parking

    Explore Neighbourhood

    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 Listings

    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%

    Price Trends

    Maintenance Fees

    Royal Gardens II Condos vs The Doncrest Area

    Building Trends At Royal Gardens II Condos

    Days on Strata

    Units at Royal Gardens II Condos spend an average of
    30
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    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
    3.6
    YEARS before being sold again

    Property Value

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

    Price Ranking

    4th
    Highest price per SQFT out of 12 condos in the Doncrest area

    Sold Units

    17
    Units were Sold over the past twelve months

    Rented Units

    43
    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$585,000 - $673,800No Data$785,000No DataNo Data
    Avg. Cost Per Sqft$985$887No Data$964No DataNo Data
    Avg. Wait for Unit Availability29 Days18 Days94 Days181 Days170 Days642 Days
    Ratio of Units in Building36%47%9%5%4%2%

    Transactions vs Inventory

    Total number of units listed and sold in Doncrest