Maintenance Fees
Cedar Gate II Condos vs The Observatory | Harding Area
208 - 175 Cedar Ave
$579,0001 bd2 ba1 pk751 sqft
For SaleCedar Gate II Condos
24 Days on Strata
$579,000
1 Bed + 1
2 Bath
1 Parking
751 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$570/mth
Taxes:
$1,659 (2024)
Cost Per Sqft:
$771/sqft
Outdoor Space:
None
Locker:
Owned
Exposure:
North
Possession Date:
May 1, 2025
Amenities
Games Room
Indoor Pool
Bike Storage
Security System
Sauna
Visitor Parking
Outdoor Pool
Rec Room
Squash Court
Guest Suites
Party Room
Gym
Indoor Parking
Tennis Court
About this Listing
Amazing Bright & Spacious 1Bedroom + Den and 2 Washroom unit In The Heart Of Richmond Hill. Floor to Ceiling Glass Solarium (Den), 751 Sq Ft Unit. Wood floor throughout. Open Concept Great Layout featuring A Full Size Kitchen With Breakfast Bar, Full Size Appliances And Lots Of Storage; Generous Living/Dining Space To Fit Any Couch & Large Dining Table. Bedroom Can Fit A King Size Bed And Has Its Own Ensuite Bath; The Den Could Make A Great Office Or Even A Guest Bedroom. Nice Kitchen W/Stainless Steels Appliances, and ensuite Laundry. 1 Parking And 1 Locker Included. Maintenance includes Heat, Water, CAC, Cable TV, Building Insurance & Common elements. Parking fees $58.21/month. Taxes, Measurements and Fees to be verified by the buyer or buyers realtor. This building has unique Amenities: Gym, Jacuzzi, Hot Tub, Sauna, Games Room, Visitor parking, Security System, Out Door Pool and Tennis Court. Just Steps To Go Train, Yrt and Viva. Close to Groceries, Shops. Close To Hyws, Hillcrest Mall & Hospital. This unit is ideal for commuters and professionals. Tenant delivered N9 and moving out April 29. Unit Available on May 01.
ExtrasFridge, Stove, Dishwasher, Stake Washer & Dryer, All Existing Blinds & All Light Fixtures.
re/max realtron realty inc.MLS® #N12045470
Fees & Utilities
Maintenance Fees
Included in Fees
Heat
Water
Parking
Building Maintenance
Building Insurance
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Living
Combined with Dining, Wood Floor, Large Window
21 x 10.89ft
Dining
Combined with Living, Wood Floor, 2 Piece Bath
21 x 10.89ft
Kitchen
Stainless Steel Appliances, Ceramic Floor, Breakfast Bar
8.1 x 7.28ft
Primary
Wood Floor, Large Closet, 4 Piece Ensuite
16.77 x 9.91ft
Solarium
Wood Floor, Enclosed, Large Window
10.5 x 6.5ft
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
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 II Condos
Days on Strata
Units at Cedar Gate II Condos spend an average of
35
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
3%
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
6.8
YEARS before being sold againProperty Value
-17%
Decrease in property value within the past twelve months
Price Ranking
11th
Highest price per SQFT out of 13 condos in the Observatory | Harding area
Sold Units
6
Units were Sold over the past twelve months
Rented Units
6
Units were Rented over the past twelve months
Best Value Rank
Cedar Gate II Condos offers the best value out of 13 condos in the Observatory | Harding neighbourhood
?
Appreciation Rank
Cedar Gate II Condos has the highest ROI out of 13 condos in the Observatory | Harding neighbourhood
?
Rental Yield
Cedar Gate II Condos yields the highest rent prices out of 13 condos in the Observatory | Harding neighbourhood
?
High Demand
Cedar Gate II Condos is the most popular building out of 13 condos in the Observatory | Harding neighbourhood
?
Market Insights
Transaction Insights at Cedar Gate II Condos
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|
| Price Range | $425,000 | No Data | No Data | $545,000 - $650,000 |
| Avg. Cost Per Sqft | $494 | No Data | No Data | $497 |
| Price Range | No Data | $2,450 - $2,650 | $2,400 - $3,150 | $3,150 - $3,200 |
| Avg. Wait for Unit Availability | 2743 Days | 192 Days | 266 Days | 58 Days |
| Avg. Wait for Unit Availability | No Data | 278 Days | 865 Days | 173 Days |
| Ratio of Units in Building | 2% | 19% | 13% | 68% |
Market Inventory
Total number of units listed and sold in Observatory | Harding
