$495,000

For sale

#420 309 Major Mackenzie Drive East, Richmond Hill (Harding) - Single Family for Sale

#420 309 Major Mackenzie Drive East, Richmond Hill (Harding), Ontario, L4C9V5

2 beds2 baths1 parking850 ft²$884/mo condo feeListed 51 days ago

Overview

This 2-bedroom, 2-bathroom condo in Richmond Hill is for sale offering roughly 850 sq ft of space. Listed at $495,000, it is attractively priced about 10% below the $549,999 median asking price in Richmond Hill. It has been on the market 51 days, fresher than the Richmond Hill average of 55 days.

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Description

Welcome to Cedar Gate in the heart of Richmond Hill! This spacious 1+1 bedroom, 2-bathroom condo offers 850 sq ft of well-designed living space with a west-facing exposure that fills the unit with natural light.The open-concept living and dining area features laminate flooring and large windows, creating a bright and inviting space. The kitchen is equipped with stainless steel appliances and a convenient breakfast bar. The primary bedroom includes a large closet and a 4-piece ensuite, combined with a solarium, providing the perfect space for a home office, reading area, or additional sitting space. This unit also comes with 1 parking space and 1 locker for added storage. All utilities are included in the maintenance fees, making for easy and predictable living.Residents enjoy access to excellent building amenities, including a gym, squash court, games room, leisure room, party room,and a seasonal outdoor pool and 24 hour concierge.A fantastic opportunity to enjoy comfortable condo living in a well-established Richmond Hill community! (id:66096)

Property Details

MLS®: N13784702
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Natural gas, Coil Fan
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $884/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,923.59/yr

Rooms

Flat

Kitchen: 2.94 x 2.29 meters
Dining room: 6.89 x 3.7 meters
Living room: 6.89 x 3.7 meters
Primary Bedroom: 5.7 x 3.57 meters
Solarium: 3.57 x 2.87 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Window Coverings
Flooring: Laminate
Exterior: Concrete
Lot Features: Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

51d

Richmond Hill (Harding) listings, avg age

55d

Price / ft²

$583

List price

$495K

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 2-bed single family in Richmond Hill (Harding) has been listed for 51 days, which is 4 days fresher than the city average of 55. Act while there is still low competition.

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Listed by KELLER WILLIAMS REFERRED URBAN REALTY · ANDREW IPEKIAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4C)

This home lists at $495,000, about 5.8× the local median household income of $86,000.

Carrying it typically needs a household income of about $96,691 (20% down, 25-yr amortization, stress-tested) — roughly 12% 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)

$495,000· $583/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,750

Min 5%50%

Mortgage payment$2,607/mo

↳ CMHC premium ($18,810 capitalized)

Property tax (est.)$160/mo

Condo fee$884/mo

Total monthly$3,651

Cash Needed to Close

Down payment (5%)$24,750

Land transfer tax$6,375

Est. closing costs$3,985

Total cash needed$35,110

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