$575,000

$588,000For salePrice drop↓ $13,000 (2%)

#215 175 CEDAR Avenue, Richmond Hill - Single Family for Sale

#215 175 CEDAR Avenue, Richmond Hill, Ontario, L4C9V3

3 beds2 baths2 parking1,275 ft²$1,021/mo condo feeListed 53 days ago

Overview

This 3-bedroom, 2-bathroom condo in Richmond Hill is for sale offering roughly 1,275 sq ft of space. Listed at $575,000, it is attractively priced about 7% below the $615,000 median asking price in Richmond Hill. It has been on the market 53 days, fresher than the Richmond Hill average of 57 days.

Condos for Sale in Richmond Hill →All real estate in Richmond Hill →

Description

Spacious Living Meets Resort-Style Comfort! Welcome to 175 Cedar Ave, Suite 215 with the convenience of TWO parking spots! This unit is a south-facing, expansive 2+1 bedroom, 2-bathroom home boasting 1,275 sq. ft. of sun-filled living space surrounded by mature tree views. Enjoy a seamless open-concept floor plan featuring a bright living and dining area, a modernized kitchen, and a versatile solarium with floor-to-ceiling windows. It is perfect for a home office or cozy sunroom. The primary retreat features generous closet space and a private 4-piece ensuite. The second well-proportioned bedroom offers direct access to the solarium and has easy access to the 4-piece main bath. There is the convenience of in-suite laundry and a large pantry. A large storage locker is another highlight. Resort-style building amenities feature an impressive list including indoor and outdoor pools, a rare indoor squash court, tennis courts, a fully equipped gym, a games room with ping pong and pool tables, and a sauna. There is a party room and a rentable guest suite. Unbeatable location steps to Richmond Hill GO Station, VIVA transit, top-rated schools, parks, shopping, and Mackenzie Health Hospital. The heart of Richmond Hill awaits you. Note some virtual staging in the photos. (id:66096)

Property Details

MLS®: 40862651
Property Type: Single Family
Zoning: RM6
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 2
Interior Size: 1,275 ft²
Year Built: 1989
Storeys: 1
Style: Other
Basement: None
Heating: Forced air
Cooling: Central air conditioning
Garage: Underground, Open, Visitor Parking
Pool: Yes
Condo Fee: $1,021/mo
Fee Includes

Rooms

Main level

4pc Bathroom: 5' x 7'10''
Other: 3'4'' x 9'4''
Pantry: 3'11'' x 7'3''
Laundry room: 3'0'' x 5'0''
Den: 7'10'' x 9'3''
Bedroom: 9'2'' x 14'4''
4pc Ensuite bath: 5'0'' x 7'10''
Primary Bedroom: 11'8'' x 23'5''
Living room/Dining room: 11'6'' x 26'0''
Kitchen: 7'4'' x 10'4''
Foyer: 3'8'' x 13'9''

Features

Appliances: Washer, Refrigerator, Sauna, Dishwasher, Stove, Dryer, Hood Fan, Window Coverings, Garage door opener, Microwave Built-in
Lot Features: Southern exposure

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

53d

Richmond Hill listings, avg age

57d

Price / ft²

$451

List price

$575K

Homes here sell faster than most markets

Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 97.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in Richmond Hill has been listed for 53 days, which is 4 days fresher than the city average of 57. Act while there is still low competition.

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Listed by Royal LePage State Realty Inc. · Rob Wong

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4C)

This home lists at $575,000, about 6.7× the local median household income of $86,000.

Carrying it typically needs a household income of about $112,318 (20% down, 25-yr amortization, stress-tested) — roughly 31% above the area median.

Median household income: $86,000
Population: 74,636
Median age: 46
Owner / renter: 70% / 30%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA L4C)

$575,000· $451/ft²

For sale

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Full Cost Breakdown

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Down Payment5.65% · $32,500

Min 5.65%50%

Mortgage payment$3,008/mo

↳ CMHC premium ($21,700 capitalized)

Property tax (est.)$204/mo

Condo fee$1,021/mo

Total monthly$4,232

Cash Needed to Close

Down payment (5.65%)$32,500

Land transfer tax$7,975

Est. closing costs$4,225

Total cash needed$44,700

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