Welcome to modern luxury & prime convenience at Royal Gardens Condominiums. Situated in a well managed building with low maintenance fees, this bright unit features a functional open concept layout filled with natural light. The kitchen boasts stylish finishes and ample cabinetry, opening to a spacious living/dining area. Enjoy peace of mind with a 1 year new washer and dryer. Unbeatable location steps to Viva/YRT transit, top rated restaurants, supermarkets, plazas, and quick access to Hwy 404/407. Amenities include concierge, gym, golf sim, party room, visitor parking & more. Move in ready.
1 bedroom, 1 bathroom, about 500 sq ft, works out to roughly $856 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 372 Highway 7 East Hwy #216
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
500-599 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
372 Highway 7 East Hwy #216 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® N14084752$428,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 372 Highway 7 East Hwy #216 Compares to the Richmond Hill Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,103
/mo
based on the purchase price of $428,000
$85,600 cash
$342,400 financed
$288,391 total interest
Principal54%$342,400
Interest46%$288,391
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Richmond Hill
Other 1–2 bed homes for sale in Richmond Hill around $428K.
Average days on market34Homes sold in about 34 days on average.
Sale-to-list ratio98.9%On average, homes sold below asking.
Active listings1,267Homes for sale here right now.
Median vs prior 90 days+4.1%Compared with Apr 19 – Jul 18, 2026: prices up.
Based on 815 sales from Jul 18 – Oct 16, 2026 (571 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Schools nearby
Closest first, straight-line distance
Adrienne Clarkson Public SchoolElementary · York Region District School Board720 m9 min walk
Lauremont School Lower School860 m11 min walk
Doncrest Public SchoolElementary · York Region District School Board1.3 km16 min walk
Thornlea Secondary SchoolSecondary · York Region District School Board1.5 km18 min walk
School attendance boundaries change, and a nearby school may not serve this address. Check school boundaries with the board before you rely on them.
Distance is not enrolment: public and Catholic boards assign schools by attendance boundary. Confirm with the local school board's school locator before you buy.
Nearest subway, GO and LRT stations first, then bus and streetcar stops. 25 stops within a 10-minute walk.
How much is 372 Highway 7 East Hwy #216 listed for?
372 Highway 7 East Hwy #216 is listed at $428,000 (MLS® N14084752). Summitly updates the price as soon as the MLS® record changes.
Is $428,000 a good price for 372 Highway 7 East Hwy #216?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Richmond Hill. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 372 Highway 7 East Hwy #216 changed?
No — 372 Highway 7 East Hwy #216 is still listed at its original asking price of $428,000.
How many bedrooms and bathrooms does 372 Highway 7 East Hwy #216 have?
372 Highway 7 East Hwy #216 has 1 bedroom and 1 bathroom, with about 500–599 square feet of living space. It is a condo in Richmond Hill.
What schools are near 372 Highway 7 East Hwy #216?
The 4 closest schools to 372 Highway 7 East Hwy #216 in a straight line are Adrienne Clarkson Public School (Elementary, York Region District School Board), about 720 m (about a 9-minute walk); Lauremont School Lower School, about 860 m (about a 11-minute walk); Doncrest Public School (Elementary, York Region District School Board), about 1.3 km (about a 16-minute walk); and Thornlea Secondary School (Secondary, York Region District School Board), about 1.5 km (about a 18-minute walk). School attendance boundaries change, and a nearby school may not serve this address. Check school boundaries with the board before you rely on them. School locations are from OpenStreetMap.
Is 372 Highway 7 East Hwy #216 close to transit?
The nearest rapid-transit station is Langstaff GO Station (Richmond Hill GO), about 2.3 km in a straight line. Richmond Hill GO Station is about 4.5 km. The closest bus or streetcar stop is Highway 7 / Saddle Creek Dr, about 30 m (about a 1-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 372 Highway 7 East Hwy #216?
About $2,103 a month — principal and interest on $428,000 with 20% down ($85,600), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 372 Highway 7 East Hwy #216 compare with other homes in Richmond Hill?
Its asking price of $428,000 is about 62% below the median sold price in Richmond Hill over the last 90 days, $1,140,000, across 815 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 372 Highway 7 East Hwy #216 been sold before?
Summitly has no earlier MLS® sale or lease of 372 Highway 7 East Hwy #216 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 372 Highway 7 East Hwy #216?
372 Highway 7 East Hwy #216 is in Richmond Hill, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 372 Highway 7 East Hwy #216 been on the market?
1 day — 372 Highway 7 East Hwy #216 was listed on October 15, 2026.
What is the price per square foot of 372 Highway 7 East Hwy #216?
About $715 to $856 per square foot: the asking price of $428,000 over the 500–599 sq ft the listing gives as its size range.
