309-175 Cedar Avenue, Richmond Hill, ON

Harding, Richmond Hill · MLS® N13990250

$499,000
For Sale
Listed 6 days agoNo offer date stated
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1+1Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Welcome to the beautifully renovated suite at 175 Cedar Ave.
  • This large 1+1 bedroom, 2-bathroom suite offers over 820 sq. ft. of thoughtfully designed living space with a bright and inviting open-concept layout.
  • Completely updated with quality finishes, this move-in-ready home features waterproof luxury vinyl plank flooring throughout, a beautifully renovated kitchen with...
  • The renovated bathroom features a modern walk-in shower.
  • Cedar Gate offers an impressive array of amenities including a seasonal outdoor pool, whirlpool, sauna, fitness centre, indoor squash court, tennis courts...

Welcome to the beautifully renovated suite at 175 Cedar Ave. This large 1+1 bedroom, 2-bathroom suite offers over 820 sq. ft. of thoughtfully designed living space with a bright and inviting open-concept layout. Completely updated with quality finishes, this move-in-ready home features waterproof luxury vinyl plank flooring throughout, a beautifully renovated kitchen with soft-close cabinetry, quartz countertops and backsplash, two stainless steel undermount kitchen sinks, and all-new appliances (2024). The renovated bathroom features a modern walk-in shower. The spacious living and dining areas provide plenty of room for entertaining, while the bright solarium with large windows offers the perfect space for a home office, reading area or additional sitting room. The generous primary bedroom features ample closet space and a private 3-piece ensuite. Enjoy the convenience of in-suite laundry, excellent storage, one underground parking space and a locker. Cedar Gate offers an impressive array of amenities including a seasonal outdoor pool, whirlpool, sauna, fitness centre, indoor squash court, tennis courts, party/gamesroom, library and rentable guest suite. The building is currently undergoing new wallpaper throughout every floor, adding a fresh and updated look to the building. There is also an abundance of visitor parking for the convenience of your guests. Ideally located just steps to Richmond Hill GO Station and transit, close to shopping, restaurants, parks, schools, Mackenzie Health Hospital and major highways. A wonderful opportunity to enjoy beautifully updated, carefree condo living in a well-established Richmond Hill community!

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13990250
Bedrooms
1+1 (2 total)
Bathrooms
2 (1 half)
Size
800-899 sq ft
Cross streets
Major Mackenzie Dr E between Yonge and Bayview
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$702/mo
Exposure
North
Property tax
$1,862 / 2026
Days on market
6
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

Primary BedroomMain6.16 × 3.29 m

3 pc ensuite · his and hers closets · plank

KitchenMain2.82 × 2.11 m

pot lights · quartz counter · plank

Living RoomMain3.90 × 4.62 m

combined w/dining · large window · plank

Primary BedroomMain6.16 × 3.29 m

parquet · his and hers closets · 4 pc ensuite

KitchenMain2.80 × 2.26 m

ceramic floor · overlooks dining · combined w/laundry

SolariumMain3.51 × 1.80 m

north view · large window · plank

LaundryMain1.58 × 1.46 m

ceramic floor · b/i shelves · sliding doors

PantryMain0.00 × 0.00 m

sliding doors · combined w/laundry · plank

PantryMain

Combined w/Laundry

Dining RoomMain2.57 × 4.62 m

combined w/living · open concept · plank

Dining RoomMain2.53 × 3.63 m

hardwood floor · combined w/dining · open concept

LaundryMain1.65 × 1.46 m

sliding doors · b/i shelves · plank

SolariumMain3.44 × 2.06 m

parquet · north view · window floor to ceiling

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Harding · asking prices
$494kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $583/sqft; this home lists at $587/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
499kThis home495k539k449kThis home vs active comparables

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
$905K
North Richvale
$643K
Observatory
$550K
Langstaff
$518K
South Richvale
$655K

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) →

Affordability & Mortgage

Affordability
$2,274/mo
$108KIncome needed
4.6×Price ÷ income
$525Weekly cost
$6,455Land 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.

73%mortgage
Mortgage $2,274Property tax $155Condo fee $702Total carry $3,131

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,207per month

Mortgage amount $399,200 · 4.49% over 25 years

$99,800Down payment (20.0%)
$399,200Loan before insurance
$0CMHC premium
$3,064Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,207
Property tax
$155
Condo / maintenance fees
$702
Heating
$0
Estimated monthly cost
$3,064

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

One-time closing costs

Ontario land transfer tax
$6,455
Estimated closing costs
$6,455

Plus your down payment of $99,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,672/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

$262,974Total interest paid
$662,174Total of all payments
Principal $399,200 Interest $262,974
YearPrincipalInterestBalance
1$8,908$17,578$390,292
2$9,313$17,174$380,979
3$9,736$16,751$371,243
4$10,178$16,309$361,065
5$10,640$15,847$350,425
6$11,123$15,364$339,302
7$11,628$14,859$327,674
8$12,156$14,331$315,518
9$12,708$13,779$302,810
10$13,285$13,202$289,525
11$13,888$12,599$275,637
12$14,519$11,968$261,118
13$15,178$11,309$245,940
14$15,867$10,620$230,073
15$16,587$9,899$213,486
16$17,341$9,146$196,145
17$18,128$8,359$178,017
18$18,951$7,536$159,066
19$19,811$6,675$139,255
20$20,711$5,776$118,544
21$21,651$4,836$96,893
22$22,634$3,853$74,258
23$23,662$2,825$50,596
24$24,736$1,750$25,860
25$25,860$627$0

At the end of your 5-year term

Total paid over the term
$132,435
Principal paid down
$48,775
Interest paid
$83,660
Balance remaining
$350,425

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
Estimate$2,700/mo
$32,400Gross annual rent
3.6%Cap rate after taxes and upkeep

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

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

6.5%
Gross yield
− Property tax $1,862− Condo fees $8,421− Insurance $600− Vacancy & upkeep $3,564Net operating income $17,953

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.

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