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    714 - 309 Major Mackenzie Dr E

    $450,0001 bd2 ba1 pk964 sqft
    49 Days on Strata
    Est Sell Timeframe:
    13 Days
    $450,000
    Price Cut: $510,000
    1 Bed + 1
    2 Bath
    1 Parking
    964 SQFT

    Listing History


    Details

    Property Type:

    Condo

    Maintenance Fees:

    $965/mth

    Taxes:

    $2,017 (2024)

    Cost Per Sqft:

    $467/sqft

    Outdoor Space:

    None

    Locker:

    Owned

    Exposure:

    North West

    Possession Date:

    Immediately

    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

    Discover this Bright Top-floor 964 Sq ft 1-bedroom + den/solarium condo in a highly sought-after Richmond Hill location. 1Parking & 1 Locker *Attention Handymen and First-Time Buyers! This original home features carpet flooring throughout, offering a fantastic opportunity to customize and add your personal touches. With a Great layout, this unit is perfect for those looking to create their ideal living space in a prime location! *The unit boasts a functional open-concept layout with large windows, filling the space with natural light *The versatile den/solarium is perfect as a Home Office or additional living area.*The Primary bedroom includes an oversized closet and an ensuite bathroom.*The building offers premium amenities, including an outdoor pool, fully equipped gym, squash and tennis courts, billiards and ping pong rooms, sauna, party room, visitor parking, and a 24-hour concierge for added security and convenience.*Located within walking distance to Richmond Hill GO Station, top-rated schools, hospitals, and shopping centers, this condo is a fantastic investment or starter home.

    ExtrasStove, Dishwasher, Microwave, Fridge and Stacked Washer Dryer a buyer is welcome to retain those items on an as is basis along with any window coverings and light fixtures.

    re/max partners realty inc.MLS® #N11982636

    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

    Carpet, Window, Open Concept

    18.37 x 16.08ft

    Dining

    Carpet, Window, Open Concept

    18.37 x 16.08ft

    Kitchen

    Eat-In Kitchen, Tile Floor

    12.14 x 7.87ft

    Bedroom

    4 Piece Ensuite, Closet, Window

    15.09 x 13.12ft

    Den

    Window, Windows Floor to Ceiling, Carpet

    9.84 x 11.16ft

    Buyer's Market
    Balanced
    Seller's Market

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    5/10
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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
    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%


    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
    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

    -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 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$510,000 - $556,000No DataNo Data$565,000 - $688,000No Data
    Avg. Cost Per Sqft$704No DataNo Data$509No Data
    Avg. Wait for Unit Availability149 Days94 Days193 Days55 DaysNo Data
    Ratio of Units in Building12%27%15%43%4%

    Market Inventory

    Total number of units listed and sold in Observatory | Harding


    The information on this website is taken from sources deemed reliable. However, the accuracy cannot be guaranteed and it is the responsibility of the website user to personally verify all information. The property information herein is derived from various sources that may include, but are not limited to, municipal records and the Multiple Listing Service, and may include approximations.

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