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    Richmond Hill / Observatory | Harding

    215 - 175 Cedar Ave

    For SaleCedar Gate II Condos
    $549,000
    2 Beds + 1
    2 Bath
    2 Parking
    1,275 SQFT
    56 Days on Strata
    Est Sell Timeframe
    17 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $912/mth
    Taxes:
    $2,227 (2023)
    Cost Per Sqft:
    $431/sqft
    Locker:
    Owned
    Outdoor Space:
    None
    Exposure:
    South
    Possession Date:
    Flexible
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Air Conditioning

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Family
    Combined with Dining, Laminate, Open Concept
    25.3 x 11.16ft
    Kitchen
    Ceramic Floor, Ceramic Back Splash, O/Looks Family
    10.14 x 6.53ft
    Prim Bdrm
    Carpet, 3 Piece Ensuite, South View
    23 x 11.91ft

    About this Listing

    PERFECT FOR INVESTORS OR FAMILIES! This spacious 2+1 bedroom, 2-bath condo boasts 1,275 sq.ft of comfortable living space in the heart of Richmond Hill. Highlights include an open-concept living/dining area, a sleek modern kitchen, and a sun-filled solarium with floor-to-ceiling windows. The primary bedroom offers a 3-piece ensuite and a generous closet. Upgrades include new appliances, refreshed kitchen cabinetry, 2 parking spots, and a large locker. Building amenities feature a fully equipped gym, games room, indoor & outdoor pools, tennis courts, and a sauna. Conveniently located near the GO Train, VIVA, top schools, shopping, and a hospital.

    Extras2 parking spots (one underground, one above) and a large 40 sq. ft. locker.

    century 21 heritage group ltd.MLS® #N9057417

    Amenities

    Tennis Court
    Squash Court
    Indoor Pool
    Guest Suites
    Visitor Parking
    Party Room

    Explore Neighbourhood

    4/10
    Walkability
    Halfway to a walker's paradise, you might want to invest in a hoverboard.
    5/10
    Transit
    It's a dice roll — but hey, sometimes you roll a six!
    4/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    7,473
    Average Individual Income
    $83,167
    Average Household Size
    3 persons
    Average Age
    47
    Average Household Income
    $143,068
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    18%
    35 - 49
    18%
    50 - 64
    26%
    65+
    19%
    Household Income
    $0 - $30,000
    46%
    $30,000+
    21%
    $60,000+
    14%
    $90,000+
    9%
    $125,000+
    7%
    Housing Types & Tenancy
    Detached
    77%
    Semi Detached
    15%
    Low Rise Apartment
    4%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    81%
    Cantonese
    7%
    Mandarin
    6%
    Other
    6%
    Education
    High School
    28%
    University and Above
    26%
    College
    20%
    None
    16%
    Apprenticeship
    5%
    University Below Batchelor
    1%
    Major Field of Study
    Architecture & Engineering
    19%
    Business Management
    18%
    Social Sciences
    13%
    Health & Related Fields
    12%
    Personal, Protective & Transportation Services
    8%
    Math & Computer Sciences
    6%
    Humanities
    5%
    Education
    5%
    Physical Sciences
    4%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    Cedar Gate II Condos vs The Observatory | Harding Area

    Building Trends At Cedar Gate II Condos

    Days on Strata

    Units at Cedar Gate II Condos spend an average of
    31
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Observatory | Harding

    Turnover of Units

    On average, each unit is owned for
    6.9
    YEARS before being sold again

    Property Value

    -8%
    Decrease in property value within the past twelve months

    Price Ranking

    10th
    Highest price per SQFT out of 13 condos in the Observatory | Harding area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    5
    Units were Rented over the past twelve months

    Best Value Rank

    Cedar Gate II Condos offers the
    ?
    best value out of 13 condos in the Observatory | Harding neighbourhood

    Appreciation Rank

    Cedar Gate II Condos has the
    ?
    highest ROI out of 13 condos in the Observatory | Harding neighbourhood

    Rental Yield

    Cedar Gate II Condos yields the
    ?
    highest rent prices out of 13 condos in the Observatory | Harding neighbourhood

    High Demand

    Cedar Gate II Condos is the
    ?
    most popular building out of 13 condos in the Observatory | Harding neighbourhood

    Transaction Insights at 175 Cedar Avenue

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$425,000No DataNo Data$600,000 - $650,000
    Avg. Cost Per Sqft$494No DataNo Data$538
    Avg. Wait for Unit Availability2743 Days179 Days266 Days60 Days
    Ratio of Units in Building2%19%15%66%

    Transactions vs Inventory

    Total number of units listed and sold in Observatory | Harding