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Unit 505 at Royal Gardens

Sold

372 Highway 7 N/A E 505, Richmond Hill, ON L4B 0C6

MLS #N9054308

$588,888

Sold on October 9, 2024

October 9, 2024

Originally listed at $499,000 18 days on market

About This Property

Luxury Royal Gardens 660Sf+70Sf Balcony 1+1 Condo In The Heart Of Richmond Hill! Prime Location Provides Easy Access To Public Transport And Major Highways(Hwy 7, 404, And 407). Spacious And Modern Layout One bedroom plus Den (can fit a queen size bed used as a SECOND BEDROOM) No space wasted! Open concept Kitchen with Elegant White Cabinet, Granite Stone Countertop. Walk-in Closet in Bedroom. Bright Living room walk out to large Balcony. South-facing Lots of Natural Light and Open View! Owner-occupied Property Lovely cared with Professional Fresh Paint, Brand New lighting and vinyl flooring, Brand new S/S LG fridge, S/S stove(2024) Washer(2024). Great building offers24 Hrs Concierge, Golf Room, Gym, Sauna, Guest Rooms, and Party Room. Walking Distance To Commerce Gate, Business Park, Medical Centre, Newly Constructed Park/Children's Playground, Restaurants, bus Stops and much more! Prestigious School Zone!

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($459/mo) and property tax ($2,210/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$756/sqft
Doncrest
$731/sqft+3.5%
Richmond Hill
$602/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 660 sqft.

Property Details

Bedrooms

2

Bathrooms

1

Square Feet

600-699 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeUnderground
LockerYes
Heating TypeFan Coil
StyleApartment
Ensuite LaundryNo
Corp #TSCC-1254
MLS Size600-699
Listed OnJul 24, 2024
Maintenance Fees$459/month
Property Tax$2,210/year

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Rooms

NameSize (m)Size (ft)Features
Living Room(Flat)4.26 x 314.0 x 9.8-
Dining Room(Flat)4.26 x 314.0 x 9.8-
Kitchen(Flat)4.26 x 314.0 x 9.8-
Primary Bedroom(Flat)3.8 x 312.5 x 9.8-
Den(Flat)2.43 x 2.18.0 x 6.9-

Room Dimensions Available

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Price History

Original List Price

$499,000

Listed on Jul 24, 2024

Sold Price

$588,888

Sold on Oct 9, 2024

+$89,888

18.0%

18 days on market

Price History Available

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OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building NameRoyal Gardens
Address372 Highway 7 East Road, Richmond Hill
Parking TypeUnderground

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About Unit 505 at Royal Gardens

Unit 505 is a residential condo & other with 2 bedrooms, 1 bathroom spanning approximately 600-699 square feet located at Royal Gardens, 372 Highway 7 East Road, Richmond Hill. This unit is currently sold (sold for $589K).

About Royal Gardens

Royal Gardens is located at 372 Highway 7 East Road, Richmond Hill. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

Doncrest Neighbourhood

This unit is located in Doncrest, part of Richmond Hill in the York area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at Royal Gardens, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.

Keywords: Unit 505 Royal Gardens Richmond Hill

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