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    Richmond Hill / Observatory | Harding

    806 - 309 Major Mackenzie Dr E

    For RentCedar Gate Condos
    $2,650/mth
    Price Cut: $2,850
    1 Bed + 1
    2 Bath
    1 Parking
    800 - 899 SQFT
    42 Days on Strata
    Est Lease Timeframe
    21 Days

    Listing History

    Unit Highlights

    Possession Date:
    Nov 15, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    None
    Furnished:
    No
    Exposure:
    North
    Locker:
    Exclusive
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Parking
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Combined with Dining, Laminate, Open Concept
    20.41 x 10.79ft
    Dining
    Combined with Living, Laminate, Open Concept
    20.41 x 10.79ft
    Kitchen
    Modern Kitchen, Stainless Steel Appliances, Granite Counter
    7.19 x 9.19ft

    About this Listing

    Welcome to Cedar Gate Condos, a spacious and elegant living space in the heart of Richmond Hill! This stunning 1+1 bedroom, 1.5 bathroom unit features a a gorgeous solarium that lets in tons of natural light and a modern kitchen. Open Concept with tons of space to add your personal touch. Enjoy the amenities of this well-maintained building, including an outdoor pool, a sauna, a party room, visitor parking and a security guard. Conveniently located near Highway 404, and public transit, this unit is ideal for commuters and professionals. Don't miss this opportunity to lease this beautiful condo!

    right at home realtyMLS® #N9367131

    Amenities

    Concierge
    Visitor Parking
    Party Room
    Tennis Court
    Rec Room
    Sauna

    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
    20
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    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

    3%
    Increase 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

    9
    Units were Sold over the past twelve months

    Rented Units

    3
    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$566,250$565,000$600,000 - $688,000No Data
    Avg. Cost Per Sqft$682$601$487$514No Data
    Avg. Wait for Unit Availability149 Days93 Days179 Days51 Days575 Days
    Ratio of Units in Building10%28%18%42%4%

    Transactions vs Inventory

    Total number of units listed and leased in Observatory | Harding