100 Observatory Lane 1204
Observatory, Richmond Hill, L4C 1T4
FOR SALE
$858,000
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2 + 1
BEDROOMS2
BATHROOMS1
KITCHENS6 + 1
ROOMSN8358302
MLSIDContact Us
Property Description
Discover this exceptional large corner unit, drenched in sunlight and boasting stunning views from the North, West, and South. This spacious 2-bed plus den apartment spans 1304 sq. ft. and features a thoughtfully designed split bedroom floor plan for optimal privacy and functionality. The unit includes a versatile solarium perfect for an office or relaxation space, along with a private balcony to enjoy the panoramic vistas. Ample storage is a highlight, with shelves integrated into the laundry room, ensuring a clutter-free living environment. The convenience of two dedicated parking spaces adds significant value to this already outstanding property. Constructed by the esteemed builder Tridel, the building offers an array of top-notch amenities designed to enhance your lifestyle. Enjoy the luxury of an indoor pool, hot tub, and sauna, or maintain your fitness routine in the well-equipped gym. For leisure, the building provides a billiards room, library, party room, and tennis court. Visitor parking is plentiful as available visitors accommodations. The inclusion of Rogers Cable and WiFi ensures you remain connected. The location is unparalleled, just minutes from Hillcrest Mall, diverse shopping options, a variety of restaurants, grocery stores, and convenient public transit access. Ready to show and sell, this apartment represents a fantastic opportunity to own a spacious, light-filled home in a prime location. Schedule your visit today to see all that this exceptional property has to offer!
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Extras
Includes fridge, stove, built-in dishwasher, all ELF's, window coverings, stackable washer & dryer, all "as is." Comes with owned locker and 2 parking spaces. Most furniture available for sale as well. Inquire with LA for details.
Nearby Intersections
Property Features
Clear View, Hospital, Library, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1200-1399
Taxes
$2,787 (2023)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Other
Hydro Included
Yes
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
2
Parking 1
Owned
Parking 2
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Prim Bdrm | Main | 10.50' x 21.10' | Broadloom, Large Window, W/I Closet |
| 2nd Br | Main | 10.50' x 12.14' | Broadloom, Large Window, Closet |
| Living | Main | 10.50' x 17.49' | Broadloom, Combined W/Solarium, Combined W/Dining |
| Solarium | Main | 8.17' x 13.48' | Broadloom, Large Window |
| Kitchen | Main | 10.50' x 21.10' | Laminate, Eat-In Kitchen, Large Window |
| Dining | Main | 10.50' x 21.10' | Broadloom, L-Shaped Room, Combined W/Living |
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Richmond Hill Market Statistics
Richmond Hill Price Trend
100 Observatory Lane 1204 is a 2-bedroom 2-bathroom condo listed for sale at $858,000, which is $147,924 (20.8%) higher than the average sold price of $710,076 in the last 30 days (June 3 - July 2). During the last 30 days the average sold price for a 2 bedroom condo in Richmond Hill declined by $50,019 (6.6%) compared to the previous 30 day period (May 4 - June 2) and down $48,059 (6.3%) from the same time one year ago.Inventory Change
There were 61 2-bedroom condos listed in Richmond Hill over the last 30 days (June 3 - July 2), which is up 13.0% compared with the previous 30 day period (May 4 - June 2) and up 3.4% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Richmond Hill typically sold ($17,230) (2.4%) below asking price over the last 30 days (June 3 - July 2), which represents a $12,340 increase compared to the previous 30 day period (May 4 - June 2) and $1,430 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 (June 3 - July 2) stood at 42.6%, up from 38.9% over the previous 30 days (May 4 - June 2) and down from 81.4% 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 40 days when successfully sold over the last 30 days (June 3 - July 2), compared to 42 days before being removed from the market upon being suspended or terminated.Listing contracted with Right At Home Realty
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