Maintenance Fees
Cedar Gate Condos vs The Observatory | Harding Area
408 - 309 Major Mackenzie Dr E
$675,0002 bds2 ba1 pk1,374 sqft
For SaleCedar Gate Condos
21 Days on Strata
$675,000
2 Beds + 1
2 Bath
1 Parking
1,374 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$1,323/mth
Taxes:
$2,582 (2024)
Cost Per Sqft:
$491/sqft
Outdoor Space:
None
Locker:
Owned
Exposure:
North East
Possession Date:
March 20, 2025
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
Open Concept Unit With Large Windows. Spacious Master and Second Bedroom With 3 Pcs Ensuite. Excellent Location! Large and Bright Condo Unit, Northeast View. Den Can Be Used As An Office. Closets are equipped with organised shelves. Kitchen has a Reverse Osmosis Water Filtration System. Parking Has EV ( Electrical Vehicle ) Charger. Owned Parking Located Close to Elevators. Owned Locker is Located At The Same Level. Existing Furniture is negotiable for sale. Ensuite Laundry, Maintenance Fee Includes : Hydro, Gas, Water, Common Elements, Internet, Parking , Locker Costs. Included All Window Blinds. 24 Hrs Security Guard, Gym, Sauna, Games and Leisure Rooms, Outdoor Pool, Party / Meeting Room, Visitor Parking. Steps To Transit And GO Train, Close To Shopping Centres, School, Hospital, 24 Hours Security Guard, Full Renovated All Hallways And Lobby of the Building, Outdoor Pool, Sauna, Tennis Court, Squash Court, Gym, Games and Leisure Rooms, Party Room, Visitor Parking.
ExtrasOne Underground Parking Equipped with Electrical Vehicle Charger, One Locker At the Same Level of Unit 408, Fridge, Stove, Washer & Dryer, Dishwasher, Windows Coverings, All Electrical Light Fixtures.
homelife/bayview realty inc.MLS® #N12031327
Fees & Utilities
Maintenance Fees
Included in Fees
Hydro
Heat
Water
Parking
Building Maintenance
Building Insurance
Not Included
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Living
Combined with Dining, Laminate, Window
20.97 x 12.8ft
Dining
Combined with Living, Laminate, Window
11.16 x 8.2ft
Kitchen
Ceramic Floor, Breakfast Area, North View
10.5 x 9.19ft
Bedroomeakfast
Window, North View
10.17 x 9.19ft
Primary
Double Closet, Walk-in Closet, Separate Room
17.06 x 10.83ft
2nd Bedroom
Large Closet, North View, Large Window
10.17 x 15.09ft
Buyer's Market
Balanced
Seller'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!'
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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.
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 sold in Observatory | Harding
