1021-370 Highway 7, Richmond Hill, ON

Doncrest, Richmond Hill · MLS® N13113680

$629,800
For Sale
Listed 68 days ago
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3Bedrooms
2Bathrooms
1Garage
800-899Sq Ft

About this home

Luxury Condo Building Right On Highway 7. Viva Stops In Front Of Building. Next To Golden Plaza For Doctor's Office, Restaurants, Banks, Etc... High Floor (Sub-Penthouse) With 9' Ceiling, Unobstructed North West View. View Of Cn Tower At Open Balcony. One Bus To York University Or Finch Subway Station Or Go Bus Station. Mins To Highway 407 Or 404. Well Managed With 24 Hours Security And Full Facilities. Future T&T Supermarket across street.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13113680
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
800-899
Cross streets
Bayview & Highway 7 E
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$772/mo
Exposure
North West
Property tax
$2,646 / 2025
Days on market
68
Listing brokerage
RIGHT AT HOME REALTY

Rooms

KitchenFlat2.20 × 2.20 m

open concept · centre island · stainless steel appl

Dining RoomFlat6.70 × 3.10 m

combined w/living · laminate · w/o to balcony

DenFlat2.40 × 1.50 m

laminate · open concept

Primary BedroomFlat3.80 × 3.00 m

4 pc ensuite · laminate · large closet

Bedroom 2Flat3.40 × 2.70 m

west view · laminate · large closet

Living RoomFlat6.70 × 3.10 m

combined w/dining · laminate · overlooks park

Moe’s TakeTeam Asgarian · Broker
In line
$673Kest. value

Listed at $629,800, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

Based on 13 similar homes nearby, adjusted for size, beds, and baths.Median of 13 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $610K, a close match.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $599K
  • Size difference −$79K
  • Adjusts to $520K

That comparable adjusts to $520K; the $673K estimate above is the median of all 13 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

On schools, this address is zoned for Thornlea SS, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

On location, this is a very walkable address with everyday errands close by. Highway 7 / Saddle Creek Dr is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$591KGreat deal$721KOverpriced

Total price vs nearby homes. Fair value about $673K, median of 13 comparables.

Comparable listingsCurrently listed nearby in Doncrest · asking prices
$716kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

303-398 Highway 7 Street$599k805-398 Highway 7$749kPH02-396 highway 7 Road$800k

The 3 closest active listings nearby.

See all comparable homes
630kThis home599k749k800kThis home vs active comparables
Live market pulseActive comparables in Doncrest · median list $599K
$741this home / sqft
13active listings nearby
68days on market

This home lists 2% below the area average of $753/sqft.

54 days longer than the Richmond Hill average (14 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Doncrest, Richmond Hill, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

75/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Highway 7 / Saddle Creek Dr, about 87 m away

20+ transit stops5 grocery20+ dining18 parks14 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Beaver Creek Business Park
$649K
Langstaff
$539K
South Richvale
$573K
Observatory
$585K
North Richvale
$701K

Typical asking price of active listings of the same type, per area (outliers removed). Richmond Hill.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Thornlea SS
84%
Thornlea SSPublic · Secondary · 9-12 · 1.5 km awayHigher-rated than most nearby · 84% meet the provincial standard
Doncrest PSEQAO results not published

Affordability & Mortgage

Affordability
$2,870/mo
$134KIncome needed
4.7×Price ÷ income
$662Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

74%mortgage
Mortgage $2,870Property tax $220Condo fee $772Total carry $3,863

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,689per month

Mortgage amount $503,840 · 4.14% over 25 years

$125,960Down payment (20.0%)
$503,840Loan before insurance
$0CMHC premium
$3,681Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,689
Property tax
$221
Condo / maintenance fees
$772
Heating
$0
Estimated monthly cost
$3,681

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$9,071
Estimated closing costs
$9,071

Plus your down payment of $125,960. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,266/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$302,763Total interest paid
$806,603Total of all payments
Principal $503,840 Interest $302,763
YearPrincipalInterestBalance
1$11,803$20,461$492,037
2$12,297$19,967$479,740
3$12,811$19,453$466,929
4$13,347$18,917$453,581
5$13,905$18,359$439,676
6$14,487$17,777$425,189
7$15,093$17,171$410,096
8$15,724$16,540$394,371
9$16,382$15,882$377,989
10$17,067$15,197$360,922
11$17,781$14,483$343,140
12$18,525$13,739$324,615
13$19,300$12,964$305,315
14$20,107$12,157$285,208
15$20,948$11,316$264,260
16$21,825$10,440$242,435
17$22,737$9,527$219,698
18$23,688$8,576$196,010
19$24,679$7,585$171,330
20$25,712$6,553$145,619
21$26,787$5,477$118,832
22$27,908$4,357$90,924
23$29,075$3,189$61,849
24$30,291$1,973$31,558
25$31,558$706$0

At the end of your 5-year term

Total paid over the term
$161,321
Principal paid down
$64,164
Interest paid
$97,156
Balance remaining
$439,676

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$2,700/mo
$32,400Gross annual rent
2.6%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

5.1%
Gross yield
− Property tax $2,646− Condo fees $9,267− Insurance $600− Vacancy & upkeep $3,564Net operating income $16,323

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.

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