Maintenance Fees
Cedar Gate Condos vs The Observatory | Harding Area
202 - 309 Major Mackenzie Dr E
$3,6003 bds2 ba2 pk1,374 sqft
For RentCedar Gate Condos
15 Days on Strata
$3,600/mth
3 Beds + 1
2 Bath
2 Parking
1,374 SQFT
Listing History
Details
Property Type:
Condo
Possession Date:
April 1, 2025
Lease Term:
1 Year
Utilities Included:
No
Outdoor Space:
None
Furnished:
No
Exposure:
East
Locker:
None
Laundry:
Main
Amenities
Squash Court
Visitor Parking
Concierge
Indoor Pool
Games Room
Outdoor Pool
Rec Room
Party Room
Indoor Parking
Sauna
Guest Suites
Gym
Tennis Court
About this Listing
:Prime location in heart of Richmond Hill. Bright & spacious corner unit, Great layout, 1374 sq ft. One of the largest units in the building. 3 Br + Den & Laundry room.. Ample storage space. 2 Parking spots and locker. Steps to GO station. Close to Hospital, Public Transit, Libraries, Shops And Parks.
right at home realtyMLS® #N12043924
Fees & Utilities
Utilities Included
Rent Includes
Hydro
Water
Parking
Building Insurance
Not Included
Heat
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Living
26.9 x 12.6ft
Kitchen
11.09 x 7.91ft
Bedroom
17.09 x 14.01ft
2nd Bedroom
13.68 x 10.7ft
3rd Bedroom
10.11 x 9.91ft
Den
8.69 x 154.21ft
Renter's Market
Balanced
Landlord's Market
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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!'
Mortgage Calculator
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
Household Income
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%
Building Trends At Cedar Gate Condos
Days on Strata
Units at Cedar Gate Condos spend an average of
38
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
LOWchance 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 againProperty Value
-4%
Decrease in property value within the past twelve months
Price Ranking
9th
Highest price per SQFT out of 13 condos in the Observatory | Harding area
Sold Units
7
Units were Sold over the past twelve months
Rented Units
7
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
?
Market Insights
Transaction Insights at Cedar Gate Condos
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|
| Price Range | $510,000 - $556,000 | No Data | No Data | $565,000 - $688,000 | No Data |
| Avg. Cost Per Sqft | $704 | No Data | No Data | $509 | No Data |
| Price Range | $2,600 | $2,500 | No Data | $2,850 - $3,300 | No Data |
| Avg. Wait for Unit Availability | 149 Days | 94 Days | 193 Days | 55 Days | No Data |
| Avg. Wait for Unit Availability | 392 Days | 231 Days | 573 Days | 137 Days | No Data |
| Ratio of Units in Building | 12% | 27% | 15% | 43% | 4% |
Market Inventory
Total number of units listed and leased in Observatory | Harding
