611-309 Major Mackenzie Avenue, Richmond Hill, ON
Harding, Richmond Hill · MLS® N13705792
About this home
In short
- Welcome to Cedar Gate condo living in this exceptional property.
- Building amenities include a pool, sauna, rec room, party room, tennis, squash, gym, library, and 24-hour security.
- The combined dining and living area is bathed in natural light, while the master bedroom, features expansive closets, ample storage, a 4-piece ensuite, and direct...
- Building amenities include a pool, sauna, rec room, party room, tennis, squash, gym, library, and 24-hour security.
Welcome to Cedar Gate condo living in this exceptional property. Ideally suited for those downsizing or just starting out, the residence boasts a thoughtful layout and ample space. The highways, public transit, hospital, mall, and more. Building amenities include a pool, sauna, rec room, party room, tennis, squash, gym, library, and 24-hour security. Kitchen is equipped with a double sink, pantry, and convenient access to laundry facilities. The combined dining and living area is bathed in natural light, while the master bedroom, features expansive closets, ample storage, a 4-piece ensuite, and direct access to a versatile den. Den offers endless possibilities, Perfect for working from home or as a small bedroom, Residents will appreciate the property's prime location, with easy access to the Go Station, highways, public transit, hospital, mall, and more. Building amenities include a pool, sauna, rec room, party room, tennis, squash, gym, library, and 24-hour security.
Key facts
- Property type
- Condo Apartment, 1 Storey/Apt
- MLS®
- N13705792
- Bedrooms
- 1+1 (2 total)
- Bathrooms
- 2 (1 half)
- Size
- 700-799 sq ft
- Cross streets
- Yonge/Major Mac
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $779/mo
- Exposure
- South
- Property tax
- $1,784 / 2025
- Days on market
- 27
- Listing brokerage
- CENTURY 21 PERCY FULTON LTD.
Rooms
laminate · window
4 pc ensuite · laminate
combined w/living · laminate
laminate · backsplash · double sink
combined w/dining · laminate · large window
Listed at $418,800 with no offer date. Homes here have been closing close to ask, so my read is $398K, typically $398K to $405K. Comparable closings on their own put this home around $408K, which supports the ask, so this is a firm read.
Total price vs nearby homes. Likely closing about $398K, from 7 recent closings in this pocket.
The market behind the math:
About 6 months of inventory: 14 condo apartment homes for sale in the area against 7 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $559/sqft against an area asking average of $597/sqft. Size and $/sqft both feed the estimate above.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.
It never sees the asking price. The 7 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $386K. Condition and finishes remain an in-person call.
What the listing highlights1 point to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
Schools & getting aroundcatchment and transit
Its public catchment (Alexander Mackenzie HS) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Harding, so I widened the search to the surrounding area.
Based on 18 homes sold in this building over the past two years, from 79 closings in Harding.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $408K, which is where my estimate comes from.
Per square foot, these ask about $620/sqft; this home lists at $559/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
Harding, Richmond Hill, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Richmond Hill.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.
Mortgage amount $335,040 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $1,834
- Property tax
- $149
- Condo / maintenance fees
- $779
- Heating
- $0
- Estimated monthly cost
- $2,762
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $4,851
- Estimated closing costs
- $4,851
Plus your down payment of $83,760. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $110,035
- Principal paid down
- $41,425
- Interest paid
- $68,610
- Balance remaining
- $293,615
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 10 whole-home leases in Harding signed at a median of $2,686 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,460. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 PERCY FULTON LTD.. MLS®/PropTx.