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    Richmond Hill / Observatory | Harding

    312 - 175 Cedar Ave

    For RentCedar Gate II Condos
    $2,400/mth
    Price Cut: $2,650
    1 Bed
    2 Bath
    1 Parking
    1,337 SQFT
    22 Days on Strata
    Est Lease Timeframe
    20 Days

    Listing History

    Unit Highlights

    Possession Date:
    December 1, 2024
    Lease Term:
    Short Term
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    None
    Furnished:
    Yes
    Exposure:
    North East
    Locker:
    None
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Parking
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Hardwood Floor, Open Concept, Combined with Dining
    19.52 x 12.53ft
    Dining
    Hardwood Floor, Combined with Living, Bay Window
    19.52 x 12.53ft
    Kitchen
    Eat-In Kitchen, Renovated, Stainless Steel Appliances
    19.95 x 7.28ft

    About this Listing

    SHORT TERM RENTAL ONLY....Fully Furnished 1 Bdrm Corner Unit W/2 Full Washrooms For Lease In Prestigious Cedar Gates Located In The Heart Of Richmond Hill. 5 Min Walk To Go Station, Close To Schools, Shops, Restaurants, Hwy 404 & More. This Clean & Well Maintained Suite Is Bright & Spacious, It Features A Renovated In-Eat Kitchen W S/S Appliances, Oversized Primary Bdrm W/4Pc Ensuite, Den & Large Combined Liv/Dining Rm.

    ExtrasFully Furnished SHORT TERM LEASE (Term Ending May 31, 2025) Includes Use Of All Appliances, Ensuite Laundry & 1 Parking Spot. Great Building W/Amenities That Include Gym, Tennis Crt, Sauna, Outdoor Pool & Party Rm. Cable Also Included.

    royal lepage signature realtyMLS® #N10405276

    Amenities

    Party Room
    Security System
    Visitor Parking
    Outdoor Pool
    Gym Room
    Sauna

    Explore Neighbourhood

    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 Listings

    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%

    Price Trends

    Maintenance Fees

    Cedar Gate II Condos vs The Observatory | Harding Area

    Building Trends At Cedar Gate II Condos

    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 Days59 Days
    Ratio of Units in Building2%19%15%67%

    Transactions vs Inventory

    Total number of units listed and leased in Observatory | Harding