Valleymede

Valleymede is a 16-storey high-rise apartment condominium completed in 2020 at 398 Highway 7 East in the Doncrest neighbourhood of Richmond Hill. Recent sales have averaged around $621,000, with monthly maintenance fees averaging roughly $793 (or $0.97 per square foot), which include heat, water, hydro, building insurance, and internet. The building features a full suite of resident amenities including a 24-hour concierge, fitness centre, games room, party and meeting room, guest suites, and visitor parking. Its Highway 7 location offers convenient access to shopping, dining, transit, and major commuter routes. Before finalizing a purchase, prospective buyers should have a professional review of the status certificate, reserve fund study, financial statements, and board minutes to understand the building's financial health and any planned assessments.