$588,000 - 175 Cedar Avenue Unit 215, Richmond Hill
Condo for Sale in Richmond Hill
Neighbourhood: Harding
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- MLS Number
- N13776496
- Property Type
- Condo
- Status
- active
- Days on Site
- 25
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Richmond Hill
- Taxes (2026)
- $2,448
- Maintenance Fees
- $1,021/mo
- Locker
- Owned
- Exposure
- South
- Balcony
- None
- Listing Brokerage
- ROYAL LEPAGE STATE REALTY
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 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.
Estimate your monthly payments for this property
Estimated Payment
$3,016.74/mo
Includes CMHC insurance ($16,405)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Harding
Harding is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Harding
- •Convenient location in Richmond Hill
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Harding offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
175 Cedar Avenue Unit 215, Richmond Hill
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $490/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 25 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. The $1021/month fees should cover building insurance, common elements, and reserve contributions.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
About Harding
I know Harding well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Richmond Hill properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,450 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.