215-175 Cedar Avenue, Richmond Hill, ON

Harding, Richmond Hill · MLS® N13776496

$609,990
For Sale
Listed 8 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
1Garage · 2 parking
1200-1399Sq ft

About this home

In short

  • Spacious Living Meets Resort-Style Comfort.
  • 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 with upgraded appliances, and a versatile solarium with...
  • Resort-style building amenities feature an impressive list amenities including indoor and outdoor pools, a rare indoor squash court, tennis courts, a fully equipped...
  • Unbeatable location steps to Richmond Hill GO Station, VIVA transit, top-rated schools, parks, shopping, and Mackenzie Health Hospital.

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 with upgraded appliances, 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 private4-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 amenities 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.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
N13776496
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
1200-1399 sq ft
Cross streets
Major Mackenzie Dr E between Yonge and Bayview
Parking
1 garage · 2 parking (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Roof
Flat
Maintenance
$1,021/mo
Exposure
South
Property tax
$2,448 / 2026
Days on market
8
Listing brokerage
ROYAL LEPAGE STATE REALTY

Rooms

LaundryMain1.52 × 0.91 m
Living RoomMain4.42 × 3.51 m

Combined w/Dining

KitchenMain3.15 × 2.24 m
DenMain2.82 × 2.39 m
Primary BedroomMain7.14 × 3.56 m
Dining RoomMain3.50 × 3.51 m

Combined w/Living

Bedroom 2Main4.37 × 2.79 m
OtherMain2.84 × 1.02 m
BathroomMain2.39 × 1.52 m

4 Pc Bath

FoyerMain4.19 × 1.12 m
PantryMain2.21 × 1.19 m
BathroomMain2.39 × 1.52 m

4 Pc Ensuite

Our TakeTeam Asgarian · Broker
Above what recent sales support
$534Kautomated estimate, from recent sales

Listed at $609,990. Recent sales of homes like it put this one around $534K, so the ask is about 14% above what similar homes have sold for.

If it sells at this ask, expect about $580K, typically $579K to $590K: that is where homes here have closed against their asks in the last 90 days (7 closings).

One thing to square: the homes for sale nearby are asking more than this one. My estimate is built on recent closings, and around here sellers have been asking more than buyers end up paying. So this can be the least expensive home on the street and still be priced ahead of where sales actually land.

List price
$497KBelow recent closings$610KAbove recent closings

Total price vs nearby homes. Fair value about $534K, learned from recent GTA sales.

The market behind the math:

7sold nearby · 90 days
$522Kmedian sold price
95%of asking, on average
−10%prices vs a year ago
~20 dayshomes like this take to sell
8days on market so far
$3,147/moest. rent · 5 leases
6.2%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 5.6 months of inventory: 13 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.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $469/sqft against an area asking average of $594/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 6 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $562K. Condition and finishes remain an in-person call.

What the listing highlights3 points 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
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
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

Priced above comparable homes overall, but the price per square foot ($469/sqft) is below the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Harding, so I widened the search to the surrounding area.

Based on 6 homes sold in this building over the past two years, from 79 closings in Harding.

Neighbourhood & location

Harding, Richmond Hill, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Crosby
$444K
North Richvale
$683K
Observatory
$577K
Langstaff
$523K
South Richvale
$562K

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) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Walter Scott PS
55%
Walter Scott PSPublic · Elementary · JK-8 · 0.5 km awayBelow the GTA average · 55% meet the provincial standard
Our Lady Queen Of The WorldEQAO results not published
Also nearby: 12 more schools within 2.5 km
Bayview Secondary School · Public secondary1.2 km · 93% at standard
Crosby Heights Public School · Public elementary1.4 km · 57% at standard
Our Lady Queen of the World CA High School · Catholic secondary1.8 km · 86% at standard
Richmond Rose Public School · Public elementary1.8 km · 82% at standard
Sixteenth Avenue Public School · Public elementary1.8 km · 70% at standard
O M MacKillop Public School · Public elementary1.9 km · 60% at standard
Beverley Acres Public School · Public elementary1.9 km · 92% at standard
Bayview Hill Elementary School · Public elementary2.0 km · 88% at standard
Ross Doan Public School · Public elementary2.1 km · 80% at standard
Silver Stream Public School · Public elementary2.2 km · 88% at standard
St Mary Immaculate Catholic Elementary School · Catholic elementary2.3 km · 87% at standard
St Anne Catholic Elementary School · Catholic elementary2.3 km · 87% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$2,780/mo
$135KIncome needed
4.5×Price ÷ income
$642Weekly cost
$8,675Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

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.

69%mortgage
Mortgage $2,780Property tax $204Condo fee $1,021Total carry $4,005

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

$
20.0%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,671per month

Mortgage amount $487,992 · 4.39% over 25 years

$121,998Down payment (20.0%)
$487,992Loan before insurance
$0CMHC premium
$3,896Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,671
Property tax
$204
Condo / maintenance fees
$1,021
Heating
$0
Estimated monthly cost
$3,896

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$8,675
Estimated closing costs
$8,675

Plus your down payment of $121,998. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$3,236/monthPayment at the qualifying rate

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

$313,351Total interest paid
$801,343Total of all payments
Principal $487,992 Interest $313,351
YearPrincipalInterestBalance
1$11,043$21,011$476,949
2$11,533$20,521$465,417
3$12,045$20,009$453,372
4$12,579$19,475$440,793
5$13,137$18,916$427,655
6$13,721$18,333$413,935
7$14,329$17,724$399,605
8$14,965$17,088$384,640
9$15,630$16,424$369,010
10$16,323$15,730$352,687
11$17,048$15,006$335,639
12$17,804$14,249$317,835
13$18,595$13,459$299,241
14$19,420$12,634$279,821
15$20,282$11,772$259,539
16$21,182$10,872$238,357
17$22,122$9,932$216,235
18$23,104$8,950$193,132
19$24,129$7,925$169,003
20$25,200$6,854$143,803
21$26,318$5,735$117,484
22$27,486$4,567$89,998
23$28,706$3,347$61,291
24$29,980$2,073$31,311
25$31,311$743$0

At the end of your 5-year term

Total paid over the term
$160,269
Principal paid down
$60,337
Interest paid
$99,932
Balance remaining
$427,655

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.

Let's connect

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

Rental yield
From 5 whole-home leases in Harding$3,147/mo
$37,764Gross annual rent
3.0%Cap rate after taxes and upkeep
$2,769 to $3,524Typical rent range
~15 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 5 whole-home leases in Harding signed at a median of $3,013 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,147. 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.

6.2%
Gross yield
− Property tax $2,448− Condo fees $12,246− Insurance $600− Vacancy & upkeep $4,154Net operating income $18,316

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE STATE REALTY. MLS®/PropTx.

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