100 Observatory Lane 1002
Observatory, Richmond Hill, L4C 1T4
FOR SALE
$688,888
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BEDROOMS2
BATHROOMS1
KITCHENS6
ROOMSN8204434
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Property Description
WOW! Value Here! Sought After Observatory Lane Condo's w/Inviting Inground Pool. Great Building-Amenities-Steps to Yonge-Transit-Shopping ( Hillcrest Mall!) Spacious/Bright 1002SF Suite Featuring Neutral Decor-"Open Concept" Living/Dining Combination w/W/O to Southeast Exposed Balcony Over/Looking Scenic Wood Lot-Park Area. Big Primary Bedroom w/W/In Double Closet & Bright Pictured Window O/L Greenspace-Updated 3PC Ensuite w/Oversized Glass Shower! Large Secondary Bedroom with Bright Pictured Window
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Extras
Overlooks Greenspace & DBL Closet! Updated Main Bathroom Too! Easy To Show!
Nearby Intersections
Property Features
Clear View, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$2,282 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 20.14' x 15.12' | Open Concept, W/O To Balcony, Overlook Greenbelt |
| Dining | Flat | 9.65' x 9.15' | Open Concept, Combined W/Living, Breakfast Bar |
| Kitchen | Flat | 10.14' x 8.17' | Updated, Stainless Steel Appl, Ceramic Floor |
| Prim Bdrm | Flat | 20.14' x 11.12' | 3 Pc Ensuite, W/I Closet, Picture Window |
| 2nd Br | Flat | 11.71' x 9.65' | Picture Window, Double Closet, Overlook Greenbelt |
| Laundry | Flat | 9.15' x 5.12' | W/I Closet, Combined W/Laundry, Mirrored Closet |
| Other | Flat | 10.14' x 8.17' | Overlook Greenbelt, Concrete Floor, Open Concept |
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Richmond Hill Market Statistics
Richmond Hill Price Trend
100 Observatory Lane 1002 is a 2-bedroom 2-bathroom condo listed for sale at $688,888, which is $48,876 (6.6%) lower than the average sold price of $737,764 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 2 bedroom condo in Richmond Hill increased by $14,688 (2.0%) compared to the previous 30 day period (February 29 - March 29) and up $12,474 (1.7%) from the same time one year ago.Inventory Change
There were 72 2-bedroom condos listed in Richmond Hill over the last 30 days (March 30 - April 28), which is up 10.8% compared with the previous 30 day period (February 29 - March 29) and up 100.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Richmond Hill typically sold ($19,140) (2.6%) below asking price over the last 30 days (March 30 - April 28), which represents a $2,421 decrease compared to the previous 30 day period (February 29 - March 29) and ($15,411) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom condos in Richmond Hill over the last 30 days (March 30 - April 28) stood at 47.2%, up from 40.0% over the previous 30 days (February 29 - March 29) and down from 86.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Richmond Hill stood at 36 days when successfully sold over the last 30 days (March 30 - April 28), compared to 42 days before being removed from the market upon being suspended or terminated.Listing contracted with The Lind Realty Team Inc.
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