309 Major Mackenzie Drive E
Building Details
Listing History for Cedar Gate Condos
Amenities
Maintenance Fees
About 309 Major Mackenzie Drive E — Cedar Gate Condos
Anyone who’s seeking a Richmond Hill condo for sale should consider Cedar Gate Condos at 309 Major Mackenzie Drive E. Cedar-Mac Holdings Ltd. completed this building back in 1990, but unlike other buildings of that age, maintenance fees are on the higher end at $0.88 per-square-foot. The 10-storey building is home to 227 suites with units ranging between 730 and 1447 square feet.
Maintenance fees at 309 Major Mackenzie Drive E are $0.88 per-square-foot, which is on the higher end compared to the average of about $0.67, however the maintenance fees do include all utilities (usually at least hydro is separate).
The Suites
The average cost per-square-foot for units at 309 Major Mackenzie Drive E is $532, based on the past 12 months of sales, and units tend to sell within 20 days of being listed. 3 units have been rented in the previous 12 months, and 9 units have been sold. Suites often sell for -0.58% below the listing price and have a medium chance of receiving multiple offers.
The Neighbourhood
Residents at Cedar Gate Condos don’t have to drive more than 2 minutes to get to a variety of popular restaurants, including Muchachos Grill, Original Persian Rice and Yummy Korea. Observatory | Harding has plenty to offer coffee enthusiasts, with great cafes like BB Cafe- Richmond Hill, Zahide and Gate Cafe.
Grocery shopping is never a chore with stores such as Bismillah Grocers and HaftSeen Super Market in the area.
Planning for your future is easy with National Bank and CIBC Branch with ATM in the area.
Having Unity Park, Town Park and William H. Graham Parkette within 16 minutes walking distance is invaluable, considering easy access to green spaces can dramatically improve your quality of life.
Like to shop? Everything you need is close by when you live at 309 Major Mackenzie Drive E, including Richmond Centre and Observatory Place Plaza which are only 4 away.
When the weekend rolls around, Baadeh art shop are within a short 3-minute drive away.
Cedar Gate Condos is a short drive away from Discovery Academy Private School, giving you plenty of choice for your child’s education. Families with older children will be happy to know that Richmond Hill Academy, Alexander Mackenzie High School and Farvadin Tutoring | Math, Literacy, Special Education can be reached by car in under 5 minutes.
Transportation
Transit users aren’t far from a light transit stop at Richmond Hill Go Station Platform 6. Finch Station is about a 29-minute drive from the building.
There are several similar condos in the area, such as 175 Cedar Avenue, 326 Major Mackenzie Drive and 10101 Yonge Street — all worth checking out.
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Price Cut: $21,000 (Nov 17)
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Price Trends
Maintenance Fees
Building Trends At Cedar Gate Condos
Days on Strata
List vs Selling Price
Offer Competition
Turnover of Units
Property Value
Price Ranking
Sold Units
Rented Units
Best Value Rank
Appreciation Rank
Rental Yield
High Demand
Transaction Insights at 309 Major Mackenzie Drive E
1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
---|---|---|---|---|---|
Price Range | $510,000 - $556,000 | $566,250 | $565,000 | $600,000 - $688,000 | No Data |
Avg. Cost Per Sqft | $682 | $601 | $487 | $514 | No Data |
Price Range | No Data | No Data | No Data | $3,050 - $3,300 | No Data |
Avg. Wait for Unit Availability | 149 Days | 93 Days | 179 Days | 51 Days | 575 Days |
Avg. Wait for Unit Availability | 540 Days | 169 Days | 573 Days | 139 Days | No Data |
Ratio of Units in Building | 10% | 28% | 18% | 42% | 4% |
Unit Sales vs Inventory
Total number of units listed and sold in Observatory | Harding