223-370 Highway 7, Richmond Hill, ON
Doncrest, Richmond Hill · MLS® N13521240
About this home
Located in one of Richmond Hill's most sought after neighbourhoods, this newly renovated 2-bedroom 2-bath corner suite offers the perfect blend of style, comfort, and convenience. Recent upgrades include a custom kitchen (end of 2025), extra wide 9" vinyl plank flooring (end of 2025), stainless steel kitchen appliances (end of 2025), front loading washer and dryer (end of 2024), and new LED ceiling light fixtures. Abundant natural light fills the open concept living and dining areas, creating an inviting space ideal for gatherings and entertaining. The beautifully renovated new kitchen features extended lower cabinetry, sleek quartz countertops, a matching quartz backsplash, under-valance lighting, soft closing doors, new sink and faucet. The primary bedroom boasts windows on two sides and a 3-piece ensuite with a walk-in shower stall. The thoughtful split bedroom layout ensures privacy, while additional highlights include a private balcony with view of a parkette, two full bathrooms with marble vanity tops, roller blinds throughout, and fresh paint. The suite is positioned on the quiet side of the complex, and it comes with one underground parking space and one locker for added storage. Building amenities features as an exercise room, party room, 24-hour concierge, and both surface and underground visitor parking. Its unbeatable location offers exceptional everyday convenience: Viva and York Transit at your doorstep, walking distance to plazas, banks, medical offices, shops, and restaurants, and just minutes to Highways 407 & 404, the bus terminal, and GO Station. The property is also situated within St. Robert Catholic High School catchment area. Don't miss this opportunity to own a truly move in ready condo in a prime Richmond Hill location! At this price, why go for a 1+1 unit?
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- N13521240
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 700-799
- Cross streets
- Leslie/Bayview/Highway 7
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete, Other
- Maintenance
- $750/mo
- Exposure
- North East
- Property tax
- $2,594 / 2025
- Days on market
- 14
- Listing brokerage
- HOMELIFE FRONTIER REALTY INC.
Rooms
3 pc ensuite · plank · window
plank · window · closet
plank · open concept
plank · open concept · w/o to balcony
renovated · plank · open concept
Listed at $563,800, this home is about 8% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $598K, 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 $518K
- Size difference +$80K
- Bathrooms +$15K
- Adjusts to $613K
That comparable adjusts to $613K; the $613K estimate above is the median of all 5 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.
Total price vs nearby homes. Fair value about $613K, median of 5 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Open-concept layout: modern, sought-after flow.
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 6% below the area average of $801/sqft.
1 days faster than the Richmond Hill average (15 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Doncrest, Richmond Hill, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $451,040 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,407
- Property tax
- $216
- Condo / maintenance fees
- $750
- Heating
- $0
- Estimated monthly cost
- $3,373
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $7,751
- Estimated closing costs
- $7,751
Plus your down payment of $112,760. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $144,415
- Principal paid down
- $57,440
- Interest paid
- $86,975
- Balance remaining
- $393,600
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE FRONTIER REALTY INC.. MLS®/PropTx.