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122 - 370 Highway 7
For SaleRoyal Gardens CondosEst Sell Timeframe 6 Days
$568,999
Price Increase: $499,000
1 Bed
1 Bath
1 Parking
514 SQFT
48 Days on Strata
Listing History
Unit Highlights
Property Type:
Condo
Cost Per Sqft:
$1,107/sqft
Maintenance Fees:
$460/mth
Taxes:
$1,749 (2024)
Locker:
None
Outdoor Space:
None
Exposure:
North
Possession Date:
March 28, 2024
Buyer's Market
Balanced
Seller's Market
Maintenance Fees
Included
Heat
Air Conditioning
Water
Parking
Building Maintenance
Building Insurance
Excluded
Hydro
Unit Details
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
- Ensuite Laundry
- Yes
Room Dimensions
Room dimensions are not available for this listing.
About this Listing
With 9 ft Ceiling Luxury Royal Garden Condo 1 bedroom Unit Situated in Richmond Hill with Excellent location close to Hwys-404/407, Go station/Public Transit, Banks, Restaurants, Markets, Bedroom/Living Room O/look Park View, Beautifully Setting Condo Building with Gym, Party Room, Concierge, Vsitor Parking. State of Art in the heart of Richmond Hill. You don't want to miss out!
right at home realtyMLS® #N8183540
Amenities
Bike Storage
Sauna
Games Room
Gym Room
Concierge
Indoor Parking
Nearby Amenities
7/10
Walkability
It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
4/10
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.
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
Household Income
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
Building Trends At Royal Gardens Condos
Days on Strata
Units at Royal Gardens Condos spend an average of
22
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
3%
above
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
Turnover of Units
On average, each unit is owned for
5.9
YEARS before being sold againProperty Value
4%
Increase in property value within the past twelve months
Price Ranking
2nd
Highest price per SQFT out of 14 condos in the Doncrest | West Beaver Creek area
Sold Units
14
Units were Sold over the past twelve months
Rented Units
24
Units were Rented over the past twelve months
Best Value Rank
Royal Gardens Condos offers the best value out of 14 condos in the Doncrest | West Beaver Creek neighbourhood
?
Appreciation Rank
Royal Gardens Condos has the highest ROI out of 14 condos in the Doncrest | West Beaver Creek neighbourhood
?
Rental Yield
Royal Gardens Condos yields the highest rent prices out of 14 condos in the Doncrest | West Beaver Creek neighbourhood
?
High Demand
Royal Gardens Condos is the most popular building out of 14 condos in the Doncrest | West Beaver Creek neighbourhood
?
Transaction Insights at 370 Highway 7
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
|---|---|---|---|---|---|---|
| Price Range | $580,000 - $646,000 | $626,000 | $675,000 - $795,000 | $800,000 | $855,000 | No Data |
| Avg. Cost Per Sqft | $1,008 | $945 | $863 | $745 | $621 | No Data |
| Price Range | $2,300 - $3,350 | $2,500 - $2,600 | $2,900 - $3,450 | $2,850 - $3,050 | $3,500 - $3,800 | $2,300 |
| Avg. Wait for Unit Availability | 69 Days | 70 Days | 86 Days | 276 Days | 154 Days | 147 Days |
| Avg. Wait for Unit Availability | 33 Days | 29 Days | 56 Days | 176 Days | 217 Days | 301 Days |
| Ratio of Units in Building | 31% | 32% | 20% | 8% | 8% | 5% |
Maintenance Fees
Royal Gardens Condos vs The Doncrest | West Beaver Creek Area
