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!
1 bedroom, 1 bathroom, about 800 sq ft, works out to roughly $624 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 175 Cedar Ave #309
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
800-899 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
175 Cedar Ave #309 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® N13990250$499,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 175 Cedar Ave #309 Compares to the Richmond Hill Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,451
/mo
based on the purchase price of $499,000
$99,800 cash
$399,200 financed
$336,231 total interest
Principal54%$399,200
Interest46%$336,231
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Richmond Hill
Other 1–2 bed homes for sale in Richmond Hill around $499K.
Average days on market34Homes sold in about 34 days on average.
Sale-to-list ratio98.9%On average, homes sold below asking.
Active listings1,168Homes for sale here right now.
Median vs prior 90 days+3.2%Compared with Apr 16 – Jul 15, 2026: prices up.
Based on 838 sales from Jul 15 – Oct 13, 2026 (571 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
3 for sale · 3 for rent at 175 Cedar Ave — plus its sale and lease history.
175 Cedar Ave #309 is listed at $499,000 (MLS® N13990250). Summitly updates the price as soon as the MLS® record changes.
Is $499,000 a good price for 175 Cedar Ave #309?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Richmond Hill. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 175 Cedar Ave #309 changed?
No — 175 Cedar Ave #309 is still listed at its original asking price of $499,000.
How many bedrooms and bathrooms does 175 Cedar Ave #309 have?
175 Cedar Ave #309 has 1 bedroom and 1 bathroom, with about 800–899 square feet of living space. It is a condo in Richmond Hill.
Is 175 Cedar Ave #309 close to transit?
The nearest rapid-transit station is Richmond Hill GO Station (Richmond Hill GO), about 320 m (about a 4-minute walk) in a straight line. Langstaff GO Station is about 3.7 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 175 Cedar Ave #309?
About $2,451 a month — principal and interest on $499,000 with 20% down ($99,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 175 Cedar Ave #309 compare with other homes in Richmond Hill?
Its asking price of $499,000 is about 56% below the median sold price in Richmond Hill over the last 90 days, $1,135,500, across 838 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 175 Cedar Ave #309 been sold before?
Summitly has no earlier MLS® sale or lease of 175 Cedar Ave #309 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 175 Cedar Ave #309?
175 Cedar Ave #309 is in Richmond Hill, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 175 Cedar Ave #309 been on the market?
175 Cedar Ave #309 was listed today (October 13, 2026).
What is the price per square foot of 175 Cedar Ave #309?
About $555 to $624 per square foot: the asking price of $499,000 over the 800–899 sq ft the listing gives as its size range.
Does 175 Cedar Ave #309 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
