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    Richmond Hill / Observatory | Harding

    819 - 309 Major Mackenzie Dr E

    For SaleCedar Gate Condos
    $618,000
    2 Beds + 1
    2 Bath
    1 Parking
    1,350 SQFT
    16 Days on Strata
    Est Sell Timeframe
    13 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Property Type:
    Condo
    Maintenance Fees:
    $1,323/mth
    Taxes:
    $2,582 (2024)
    Cost Per Sqft:
    $458/sqft
    Locker:
    Owned
    Outdoor Space:
    None
    Exposure:
    South West
    Possession Date:
    February 22, 2025
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Forced Air

    Room Dimensions

    Room dimensions are not available for this listing.

    About this Listing

    Stunningly Clean 2 Bedroom Condo For Rent Brand New Vinyl Flooring, Freshly Painted. All Inclusive With 1 Parking & Locker Underground Level. Steps To Newkirk Go Station, Transit, Schools, Hospital , Library, Wave Pool & Shopping Centres. Building includes Sauna, squash court, party room , fitness Centre, outdoor swimming pool, Master Ensuite With . Very Bright & Airy.. Appx 1350 Sq. Ft. **Maintenance Fee Includes All Utilities + Cable & Internet**

    zolo realtyMLS® #N11984045

    Amenities

    Concierge
    Gym Room
    Sauna
    Indoor Pool
    Guest Suites
    Visitor Parking

    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
    32
    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 a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Observatory | Harding

    Turnover of Units

    On average, each unit is owned for
    7.5
    YEARS before being sold again

    Property Value

    1%
    Increase 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

    9
    Units were Sold over the past twelve months

    Rented Units

    5
    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$510,000 - $556,000$566,250No Data$565,000 - $688,000No Data
    Avg. Cost Per Sqft$682$601No Data$509No Data
    Avg. Wait for Unit Availability149 Days93 Days190 Days55 DaysNo Data
    Ratio of Units in Building12%28%15%44%4%

    Transactions vs Inventory

    Total number of units listed and sold in Observatory | Harding