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    for sale
    95 Days on Strata
    Est Sell Timeframe:
    22 Days

    1013 - 309 Major Mackenzie Dr E

    $695,000
    2 Beds + 1
    2 Bath
    2 Parking
    1,000 - 1,199 SQFT
    Strata is Hiring Realtors | Apply Now

    Price History


    Maintenance Fees:
    $1,198/mth
    Taxes:
    $2,346 (2024)
    Property Type:
    Condo
    Cost Per Sqft:
    $580 - $695/sqft
    Outdoor Space:
    None
    Locker:
    Owned
    Possession Date:
    Now
    Exposure:
    South

    Amenities

    Concierge
    Visitor Parking
    Gym
    Tennis Court
    Party Room
    Sauna
    Games Room
    Outdoor Pool
    Indoor Parking
    Amenity details for reference only. Independently verify accuracy.

    About this Listing

    Step into Luxury Living with this stunning South facing penthouse nestled in the heart of Richmond Hill. Boasting high ceilings that create an air of grandeur, this 2-bedroom, 2-bath residence exudes elegance and sophistication. The spacious layout includes a den, perfect for a home office or cozy retreat. Located just moments away from the GO station, convenience meets style in this coveted property. entertaining guests in the open-concept living and dining area adorned with modern finishes and premium appliances. Visitor Parking. With access to amenities such as , squash, badminton, and Pickleball court, Games and Leisure rooms, party/meeting room, gym, sauna, tennis courts, outdoor pool, 24 hr security, every aspect of refined urban living is at your fingertips. Don't miss this opportunity to elevate your lifestyle in this exclusive penthouse sanctuary in Richmond Hill. maintenance fee includes : ( Hydro, Gas, Water, Common Elements, Building Insurance, Internet, Parking, and Locker costs). Included All Window Blinds. Well Maintained Building. Close to Shopping centers, School, Hospital, Library, Hwy 404, and Hwy 7.

    ExtrasTwo Underground Parking Spot. One locker, Fridge, Stove, Washer & Dryer, Dishwasher, Window Covering, All Electrical Fixtures.

    homelife/bayview realty inc.MLS® #N12353020

    Utilities & Inclusions

    Hydro
    Included
    Heat
    Included
    Air Conditioning
    Included
    Water
    Included
    Parking
    Included
    Building Maintenance
    Included
    Building Insurance
    Included
    Heating Type
    Forced Air
    Heat Source
    Gas
    Air Conditioning Type
    Central Air

    Dimensions


    Kitchen
    11.42 x 8.69ft
    Stainless Steel Appliances, Quartz Counter, Backsplash
    Dining
    26.58 x 11.94ft
    Laminate, Combined with Living, South View
    Living
    26.58 x 11.94ft
    Laminate, Combined with Dining, South View
    Den
    10.01 x 6.69ft
    Laminate, Separate Room, South View
    Primary
    17.91 x 11.32ft
    4 Piece Ensuite, Laminate, His/Hers Closets
    2nd Bedroom
    14.67 x 9.91ft
    Laminate, Closet

    Buyer's Market
    Balanced
    Seller's Market

    Building Spotlight

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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
    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
    49
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    5%
    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
    7.6
    YEARS before being sold again

    Property Value

    -20%
    Decrease in property value within the past twelve months

    Price Ranking

    11th
    Highest price per SQFT out of 14 condos in the Observatory | Harding area

    Sold Units

    10
    Units were Sold over the past twelve months

    Rented Units

    6
    Units were Rented over the past twelve months

    Best Value Rank

    Cedar Gate Condos offers the
    ?
    best value out of 14 condos in the Observatory | Harding neighbourhood

    Appreciation Rank

    Cedar Gate Condos has the
    ?
    highest ROI out of 14 condos in the Observatory | Harding neighbourhood

    Rental Yield

    Cedar Gate Condos yields the
    ?
    highest rent prices out of 14 condos in the Observatory | Harding neighbourhood

    High Demand

    Cedar Gate Condos is the
    ?
    most popular building out of 14 condos in the Observatory | Harding neighbourhood

    Market Insights

    Transaction Insights at Cedar Gate Condos

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$445,000 - $465,000$405,000 - $425,000$638,000$525,000 - $592,000No Data
    Avg. Cost Per Sqft$540$519$476$486No Data
    Avg. Wait for Unit Availability149 Days99 Days231 Days61 Days1309 Days
    Ratio of Units in Building10%30%15%43%4%

    Market Inventory

    Total number of units listed and sold in Observatory | Harding