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    249 Major Mackenzie Drive E

    The Lennox Condos
    1for Sale
    0for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    4
    Number of Units:
    34
    Condo Completion:
    1989
    Condo Demand:
    High
    Unit Size Range:
    749 - 1,280 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for The Lennox Condos

    Receive listing updates for Observatory | Harding

    Amenities

    Media Room
    Gym Room
    BBQs Allowed
    Party Room
    Rec Room
    Security System

    Maintenance Fees

    Included
    Hydro
    Heat
    Water
    Excluded
    Air Conditioning

    About 249 Major Mackenzie Drive EThe Lennox Condos

    Anyone who’s seeking a Richmond Hill condo for sale should consider The Lennox Condos at 249 Major Mackenzie Drive E. Courtyard Construction Ltd. completed this building back in 1989, but unlike other buildings of that age, maintenance fees are on the higher end at $0.98 per-square-foot. The 4-storey building is home to 34 suites with units ranging between 749 and 1280 square feet.

    Maintenance fees at 249 Major Mackenzie Drive E are $0.98 per-square-foot, which is on the higher end compared to the average of about $0.67, however the maintenance fees do include all utilities (usually at least hydro is separate).

    The Suites

    On average, units at 249 Major Mackenzie Drive E sell 10.22% above the list price, and units have a medium chance of receiving multiple offers (aka a “bidding war”). Units here are among the most affordable in the area with an average cost per-square-foot of $543 (based on past 12 months of sales). Units typically sell with 16 days on market on average. Over the past 12 months, 2 have sold and 0 has been rented out.

    The Neighbourhood

    Not everyone can claim the title of home chef, but those who live in this condo can leave the cooking to the professionals, and grab a bite at Muchachos Grill, Original Persian Rice and Yummy Korea. To fuel up in the morning, head to BB Cafe- Richmond Hill, Zahide and Gate Cafe to grab your beverage of choice.

    There are a number of grocery stores within a short drive, including Bismillah Grocers and HaftSeen Super Market.

    There are a number of banks within a short drive, including National Bank and CIBC Branch with ATM for all your investment needs.

    Whether you're looking to play, exercise or gather with friends — nearby parks like Unity Park, Town Park and William H. Graham Parkette are the perfect spot for all kinds of activities.

    Like to shop? Everything you need is close by when you live at 249 Major Mackenzie Drive E, including Richmond Centre, Observatory Place Plaza and South Hill Shopping Centre which are only 5 away.

    When the weekend rolls around, Baadeh art shop are within a short 2-minute drive away.

    Enjoy the convenience of 249 Major Mackenzie Drive E being 15 minutes away from Discovery Academy Private School making school pick-up a breeze! Families with older children will be happy to know that Alexander Mackenzie High School, Richmond Hill Academy and Farvadin Tutoring | Math, Literacy, Special Education can be reached by car in under 5 minutes.

    Transportation

    Transit users aren’t far from a light transit stop at Richmond Hill Go Station Platform 5. Finch Station isn’t within a close walking distance, but you can drive there in about 29 minutes.

    If you’re interested in checking out other similar condos within walking distance, you might like 309 Major Mackenzie Drive E, 175 Cedar Avenue and 326 Major Mackenzie Drive.

    The Lennox Condos Reviews

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    Explore Neighbourhood

    5/10
    Walkability
    Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
    5/10
    Transit
    It's a dice roll — but hey, sometimes you roll a six!
    4/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Similar condos

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    7,473
    Average Individual Income
    $83,167
    Average Household Size
    3 persons
    Average Age
    47
    Average Household Income
    $143,068
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    18%
    35 - 49
    18%
    50 - 64
    26%
    65+
    19%
    Household Income
    $0 - $30,000
    46%
    $30,000+
    21%
    $60,000+
    14%
    $90,000+
    9%
    $125,000+
    7%
    Housing Types & Tenancy
    Detached
    77%
    Semi Detached
    15%
    Low Rise Apartment
    4%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    81%
    Cantonese
    7%
    Mandarin
    6%
    Other
    6%
    Education
    High School
    28%
    University and Above
    26%
    College
    20%
    None
    16%
    Apprenticeship
    5%
    University Below Batchelor
    1%
    Major Field of Study
    Architecture & Engineering
    19%
    Business Management
    18%
    Social Sciences
    13%
    Health & Related Fields
    12%
    Personal, Protective & Transportation Services
    8%
    Math & Computer Sciences
    6%
    Humanities
    5%
    Education
    5%
    Physical Sciences
    4%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    The Lennox Condos vs The Observatory | Harding Area

    Days on Strata

    Units at The Lennox Condos spend an average of
    16
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    10%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Observatory | Harding

    Turnover of Units

    On average, each unit is owned for
    11.4
    YEARS before being sold again

    Property Value

    -1%
    Decrease in property value within the past twelve months

    Price Ranking

    10th
    Highest price per SQFT out of 13 condos in the Observatory | Harding area

    Sold Units

    2
    Units were Sold over the past twelve months

    Rented Units

    0
    Units were Rented over the past twelve months

    Best Value Rank

    The Lennox Condos offers the
    ?
    best value out of 13 condos in the Observatory | Harding neighbourhood

    Appreciation Rank

    The Lennox Condos has the
    ?
    highest ROI out of 13 condos in the Observatory | Harding neighbourhood

    Rental Yield

    The Lennox Condos yields the
    ?
    highest rent prices out of 13 condos in the Observatory | Harding neighbourhood

    High Demand

    The Lennox Condos is the
    ?
    most popular building out of 13 condos in the Observatory | Harding neighbourhood

    Transaction Insights at 249 Major Mackenzie Drive E

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$444,000No Data$550,000No Data
    Avg. Cost Per SqftNo Data$514No Data$525No Data
    Avg. Wait for Unit AvailabilityNo Data304 Days298 Days997 Days1130 Days
    Ratio of Units in Building9%21%38%17%17%

    Unit Sales vs Inventory

    Total number of units listed and sold in Observatory | Harding