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    Cedar Gate II Condos
    2for Sale
    0for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    10
    Number of Units:
    143
    Condo Completion:
    1990
    Condo Demand:
    Medium
    Unit Size Range:
    751 - 1,400 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for Cedar Gate II Condos

    Receive listing updates for Observatory | Harding

    Amenities

    Gym Room
    Party Room
    Bike Storage
    Outdoor Pool
    Security System
    Squash Court

    Maintenance Fees

    Included
    Hydro
    Heat
    Water
    Excluded
    Air Conditioning

    About 175 Cedar AvenueCedar Gate II Condos

    Anyone who’s seeking a Richmond Hill condo for sale should consider Cedar Gate II Condos at 175 Cedar Avenue. Cedar-Mac Holdings Ltd. completed this building back in 1990, but unlike other buildings of that age, maintenance fees are quite reasonable at $0.66 per-square-foot. The 10-storey building is home to 143 suites with units ranging between 751 and 1400 square feet.

    Maintenance fees are $0.66 per-square-foot, which is lower than the neighbourhood average of $0.77 per-square-foot.

    The Suites

    The average cost per-square-foot for a unit at 175 Cedar Avenue is $458 based on the past 12 months of sales, which places it in the bottom 25% for cost PSF in the area.

    The Neighbourhood

    Residents at Cedar Gate II Condos don’t have to drive more than 3 minutes to get to a variety of popular restaurants, including Muchachos Grill, Original Persian Rice and Yummy Korea. Get to know Observatory | Harding by exploring local cafes like BB Cafe- Richmond Hill, Zahide and Gate Cafe.

    Grocery shopping is never a chore with stores such as Bismillah Grocers and HaftSeen Super Market in the area.

    Planning for your future is easy with National Bank and CIBC Branch with ATM in the area.

    175 Cedar Avenue is just a short 2-minute drive to several green spaces like Unity Park, Town Park and William H. Graham Parkette.

    Enhance your personal style while living in the Observatory | Harding neighbourhood by visiting Richmond Centre, Observatory Place Plaza and South Hill Shopping Centre.

    If you’re tired of the usual neighbourhood attractions, then perhaps having Baadeh art shop less than a 3-minute drive away will give you a lift.

    Cedar Gate II Condos is a short drive away from Discovery Academy Private School, giving you plenty of choice for your child’s education. Families with older children will be happy to know that Richmond Hill Academy, Alexander Mackenzie High School and Farvadin Tutoring | Math, Literacy, Special Education can be reached by car in under 4 minutes.

    Transportation

    Transit riders can catch the Richmond Hill Go Station Platform 6 within minutes. Finch Station isn’t within a close walking distance, but you can drive there in about 29 minutes.

    Curious about similar condos in the area? Check out 309 Major Mackenzie Drive E, 326 Major Mackenzie Drive and 95 Weldrick Road E — all within walking distance.

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    2

    Listings For Sale

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    Explore Observatory | Harding

    4/10
    Walkability
    Halfway to a walker's paradise, you might want to invest in a hoverboard.
    5/10
    Transit
    It's a dice roll — but hey, sometimes you roll a six!
    4/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Similar condos

    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%

    Maintenance Fees

    Cedar Gate II Condos vs The Observatory | Harding Area

    Days on Strata

    Units at Cedar Gate II Condos spend an average of
    33
    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 an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Observatory | Harding

    Turnover of Units

    On average, each unit is owned for
    6.9
    YEARS before being sold again

    Property Value

    -18%
    Decrease in property value within the past twelve months

    Price Ranking

    10th
    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

    5
    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

    Transaction Insights at 175 Cedar Avenue

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$425,000No DataNo Data$545,000 - $650,000
    Avg. Cost Per Sqft$494No DataNo Data$500
    Avg. Wait for Unit Availability2743 Days179 Days266 Days58 Days
    Ratio of Units in Building2%19%15%67%

    Unit Sales vs Inventory

    Total number of units listed and sold in Observatory | Harding