100 Observatory Lane 1203

FOR SALE
$789,000
100 Observatory Lane 1203, Richmond Hill
100 Observatory Lane 1203
100 Observatory Lane 1203
100 Observatory Lane 1203
100 Observatory Lane 1203
100 Observatory Lane 1203
100 Observatory Lane 1203
100 Observatory Lane 1203
100 Observatory Lane 1203
100 Observatory Lane 1203
100 Observatory Lane 1203
100 Observatory Lane 1203
100 Observatory Lane 1203
100 Observatory Lane 1203
100 Observatory Lane 1203
100 Observatory Lane 1203
100 Observatory Lane 1203
100 Observatory Lane 1203
100 Observatory Lane 1203
100 Observatory Lane 1203
100 Observatory Lane 1203
100 Observatory Lane 1203
100 Observatory Lane 1203
100 Observatory Lane 1203
100 Observatory Lane 1203
100 Observatory Lane 1203
100 Observatory Lane 1203
100 Observatory Lane 1203
100 Observatory Lane 1203
100 Observatory Lane 1203
100 Observatory Lane 1203
100 Observatory Lane 1203
100 Observatory Lane 1203
100 Observatory Lane 1203
100 Observatory Lane 1203
100 Observatory Lane 1203
100 Observatory Lane 1203
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2 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
7
ROOMS
N9308412
MLSID
Contact Us
Property Description
Stunning & Rarely Offered Corner Unit With Unobstructed Views in Highly Desirable Area of Richmond Hill * Spacious Split 2 Bed+Den 2 Bath Floor Plan With Approx 1300 Sq Ft. of Living Space Plus Balcony & TWO Parking Spots & Locker * Bright Living & Dining Areas With Walk-Out to Balcony * Sun-Filled Solarium With Floor to Ceiling Windows-Perfect for an Office * Spacious Modern Upgraded Kitchen With Massive Windows to Enjoy the Views * Split Bedroom Layout Provides Lots of Privacy * Bright, Large Primary Bedroom With Lots of Storage and Beautiful 3 Pc Ensuite * Well-Appointed Second Bedroom * Well-Maintained Building With Great Amenities Incl. Indoor Pool, Gym, Games Room, Guest Suites, Party Room & Tennis Court * 2 Parking Spots & 1 Locker on P1 Level * Amazing Location, Minutes to Hillcrest Mall and Close to Shopping, Restaurants, Schools, Parks & More!
Extras
Maintenance Fees Include Internet and Cable TV (Rogers Ignite)
Nearby Intersections
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1200-1399
Taxes
$2,961 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Fan Coil
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
Owned (P1)
Parking 2
Owned (P1)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingMain11.45' x 17.49'Broadloom, O/Looks Dining, Open Concept
DiningMain8.04' x 9.88'Broadloom, O/Looks Living, W/O To Balcony
KitchenMain7.48' x 10.10'Laminate, Quartz Counter, Backsplash
BreakfastMain7.09' x 7.51'Laminate, Window Flr to Ceil, O/Looks Park
SolariumMain8.46' x 13.39'Broadloom, Window Flr to Ceil, Sliding Doors
Prim BdrmMain10.47' x 16.01'Broadloom, Mirrored Closet, Large Window
2nd BrMain11.42' x 11.98'Broadloom, Closet, Window
Richmond Hill Market Statistics
Richmond Hill Price Trend
100 Observatory Lane 1203 is a 2-bedroom 2-bathroom condo listed for sale at $789,000, which is $135,112 (20.7%) higher than the average sold price of $653,888 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 2 bedroom condo in Richmond Hill declined by $27,248 (4.0%) compared to the previous 30 day period (July 22 - August 20) and down $85,067 (11.5%) from the same time one year ago.
Inventory Change
There were 51 2-bedroom condos listed in Richmond Hill over the last 30 days (August 21 - September 19), which is down 19.0% compared with the previous 30 day period (July 22 - August 20) and up 4.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Richmond Hill typically sold ($27,581) (4.2%) below asking price over the last 30 days (August 21 - September 19), which represents a $1,213 increase compared to the previous 30 day period (July 22 - August 20) and $1,018 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 (August 21 - September 19) stood at 35.3%, up from 30.2% over the previous 30 days (July 22 - August 20) and down from 36.7% 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 32 days when successfully sold over the last 30 days (August 21 - September 19), compared to 84 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Heritage Group Ltd.
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