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    Richmond Hill / Observatory | Harding

    803 - 309 Major Mackenzie Dr E

    For SaleCedar Gate Condos
    $639,000
    Price Cut: $649,000
    2 Beds + 1
    2 Bath
    1 Parking
    1,160 SQFT
    87 Days on Strata
    Est Sell Timeframe
    17 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $1,097/mth
    Taxes:
    $2,199 (2023)
    Cost Per Sqft:
    $551/sqft
    Locker:
    Owned
    Outdoor Space:
    None
    Exposure:
    North West
    Possession Date:
    60/90/TBA
    Laundry:
    Main
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Corian Counter, Crown Moulding, Laminate
    12.5 x 11.75ft
    Dining
    Combined with Dining, Crown Moulding, Laminate
    12.5 x 11.75ft
    Kitchen
    Breakfast Bar, Granite Counter, Stainless Steel Appliances
    11.35 x 9.68ft

    About this Listing

    RARE OPPORTUNITY TO OWN A PREMIUM 2 BED + DEN IN THE HEART OF RICHMOND HILL.FANTASTIC FLOOR PLAN, BEAUTIFUL UNOBSTRUCTED VIEWS WITH PLENTY OF NATURAL SUN, UNIT FEATURES A STUNNING CUSTOM KITCHEN WITH GRANITE COUNTERS, A LARGE BREAKFAST BAR, 2 SPACIOUS BEDROOMS AND TWO BATHS WITH CUSTOM VANITIES, A LARGE DEN SOLARIUM THAT CAN BE USED AS A 3RD BEDROOM, WALKING DISTANCE TO GO TRAIN + SHOPS

    ExtrasS/S APPLIANCES, FRIDGE, STOVE, BUILT-IN DISHWASHER B. I MICROWAVE, ALL EXISTING LIGHT FIXTURES, ALL WINDOW COVERINGS, RENOVATED BUILDING INCLUDES: REC ROOM, PARTY ROOM, GYM, POOL, TENNIS, SQUASH, SECURITY GUARDS, 1 PARKING, 1 LOCKER

    sutton group-admiral realty inc.MLS® #N8478444

    Amenities

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

    Explore Neighbourhood

    6/10
    Walkability
    Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
    5/10
    Transit
    It's a dice roll — but hey, sometimes you roll a six!
    5/10
    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 Condos vs The Observatory | Harding Area

    Building Trends At Cedar Gate Condos

    Days on Strata

    Units at Cedar Gate Condos spend an average of
    22
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire 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
    7.6
    YEARS before being sold again

    Property Value

    7%
    Increase in property value within the past twelve months

    Price Ranking

    11th
    Highest price per SQFT out of 13 condos in the Observatory | Harding area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    4
    Units were Rented over the past twelve months

    Best Value Rank

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

    Appreciation Rank

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

    Rental Yield

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

    High Demand

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

    Transaction Insights at 309 Major Mackenzie Drive E

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$546,000 - $556,000$525,000 - $566,250$565,000$600,000 - $688,000No Data
    Avg. Cost Per Sqft$695$669$487$514No Data
    Avg. Wait for Unit Availability160 Days92 Days179 Days49 Days575 Days
    Ratio of Units in Building10%28%18%42%4%

    Transactions vs Inventory

    Total number of units listed and sold in Observatory | Harding