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    370 Highway 7

    Royal Gardens Condos
    5for Sale
    0for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    10
    Number of Units:
    209
    Condo Completion:
    2014
    Condo Demand:
    Medium
    Unit Size Range:
    503 - 1,900 SQFT
    Unit Availability:
    Medium

    Listing History for Royal Gardens Condos

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    Amenities

    Rooftop Deck
    Rec Room
    Bike Storage
    Games Room
    Security System
    Gym Room

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Excluded
    Hydro

    About 370 Highway 7Royal Gardens Condos

    Located at 370 Highway 7, Royal Gardens Condos is a 10-storey condo containing 209 units. These Richmond Hill condos were developed by Liberty Development Corporation and completed in 2014. Units start at 503 square feet and can be as large as 1900 square feet. What makes a Doncrest condo for sale most appealing is all that the neighbourhood has to offer.

    This condo has a Walk Score of 73 and an average demand ranking, based on Strata.ca’s analytics. Maintenance fees are $0.83 per-square-foot, which is higher than the neighbourhood average of $0.73 per-square-foot.

    The Suites

    On average, units at 370 Highway 7 sell 2.67% above the list price, and units have a medium chance of receiving multiple offers (aka a “bidding war”). Units in this complex are among the most expensive in the area with an average cost per-square-foot of $1,011 (based on past 12 months of sales). Units typically sell with 27 days on market on average. Over the past 12 months, 9 have sold and 24 have been rented here.

    The Neighbourhood

    Living here means you’re just a 9-minute walk from Popeyes Louisiana Kitchen, Ten Ren's Tea and Tim Hortons, making it easy to dazzle your taste buds without much effort. With cafes such as McDonald's, Machi Machi and Now Tea Commerce Gate only a short 14-minute walk away, grabbing a coffee while living at Royal Gardens Condos is a breeze.

    Grocery shopping is never a chore with stores such as Takchong Food Mart and Bayview Food Mart in the area.

    Residents here can stop by HSBC Bank and Scotiabank on their way home from work, so they can take care of their financial needs.

    Getting some fresh air is a breeze when you live at 370 Highway 7 because excellent green spaces like Dollar Hamlet Park, Suncrest Park and Ada Mackenzie Park are walkable in under 9 minutes.

    Those who love to shop will appreciate all the options nearby with Doncrest Market Place, The Galleria Shoppes and Jubilee Square just 14 minutes from here.

    Families with older children will be happy to know that My Math Centre and Thornlea Secondary School can be reached by car in under 4 minutes.

    Transportation

    Transit users will need to trek a bit to Highway 7 / Times Av, the nearest light transit stop. Finch Station is about a 20-minute drive from the building.

    If you’re interested in checking out other similar condos within walking distance, you might like 372-382 Highway 7, 396 Highway 7 and 51 Saddlecreek Drive.

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    Explore Neighbourhood

    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.

    Similar condos

    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%

    Maintenance Fees

    Royal Gardens Condos vs The Doncrest Area

    Days on Strata

    Units at Royal Gardens Condos spend an average of
    27
    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
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Doncrest

    Turnover of Units

    On average, each unit is owned for
    6
    YEARS before being sold again

    Property Value

    -6%
    Decrease in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 16 condos in the Doncrest area

    Sold Units

    9
    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 16 condos in the Doncrest neighbourhood

    Appreciation Rank

    Royal Gardens Condos has the
    ?
    highest ROI out of 16 condos in the Doncrest neighbourhood

    Rental Yield

    Royal Gardens Condos yields the
    ?
    highest rent prices out of 16 condos in the Doncrest neighbourhood

    High Demand

    Royal Gardens Condos is the
    ?
    most popular building out of 16 condos in the Doncrest neighbourhood

    Transaction Insights at 370 Highway 7

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$524,500 - $580,000$623,800 - $646,000$675,000 - $678,000$800,000No DataNo Data
    Avg. Cost Per Sqft$985$906$825$745No DataNo Data
    Avg. Wait for Unit Availability70 Days70 Days88 Days276 Days154 Days147 Days
    Ratio of Units in Building30%33%19%8%8%5%

    Unit Sales vs Inventory

    Total number of units listed and sold in Doncrest