Maintenance Fees
Cedar Gate Condos vs The Observatory | Harding Area
617 - 309 Major Mackenzie Dr E
$2,7001 bd2 ba1 pk850 sqft
For RentCedar Gate Condos
9 Days on Strata
$2,700/mth
1 Bed + 1
2 Bath
1 Parking
850 SQFT
Listing History
Details
Property Type:
Condo
Possession Date:
May 1, 2025
Lease Term:
1 Year
Utilities Included:
Yes
Outdoor Space:
None
Furnished:
No
Exposure:
East
Locker:
Exclusive
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
Welcome to Cedar Gate condos - Well maintained large 1 bedroom plus Solarium/Den - Move in ready. Bright East Exposure, Laminate wood flooring and tile throughout, crown molding, well appointed Kitchen with excellent storage, pantry, pot drawers, with Stainless steel appliances (Smooth top Range, Fridge/Freezer, Dishwasher, Microwave). Features bar top counter, open to spacious living/dining area, bright window for ample light, walk-in to solarium, French doors to primary bedroom. Large Primary Bedroom with private 4 piece ensuite and excellent closet space, French doors to den/solariumIn Suite - Stacked Whirlpool Front Load Laundry. Utilities Included: (heat/AC, hydro, water, cable, and internet)1 underground parking very close to building entrance.Close to Highways 404 and 407 and Public Transit. 5 minute walk to Go Train. Minutes to shops, restaurants, public library, Hospital, Hillcrest Mall and much more. Building Amenities: Concierge, 24 Hour security, Visitor Parking, Outdoor Pool, Tennis/Pickle Ball Court, Squash Court, Fitness Room (Cardio Equipment and Weights), Party Room, Manager on Site (Del Property Management), Clean, pet friendly building(restricted).
ExtrasStainless steel appliances (Smooth top Range, Fridge/Freezer, Dishwasher, Microwave), Range Hood, Stacked washer/dryer in Laundry closet, Electric light fixtures. window coverings.
royal lepage your community realtyMLS® #N12061515
Fees & Utilities
Utilities Included
Rent Includes
Hydro
Heat
Water
Parking
Not Included
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Fan Coil
Room Dimensions
Kitchen
Double Sink, Ceramic Floor
30.09 x 23.52ft
Dining
Laminate, Combined with Living, Open Concept
66.18 x 38.81ft
Living
Laminate, Combined with Dining, Bay Window
66.18 x 38.81ft
Primary
Laminate, Double Closet, 4 Piece Ensuite
39.93 x 38.81ft
Solarium
Laminate, French Doors, Large Window
11.68 x 6.76ft
Bathroom
4 Piece Bath
0 x 0ft
Powder Rm
2 Piece Bath
0 x 0ft
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!'
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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 leased in Observatory | Harding
