100 Observatory Lane 1405
Observatory, Richmond Hill, L4C 1T4
FOR SALE
$699,000
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2 + 1
BEDROOMS2
BATHROOMS1
KITCHENS6
ROOMSN8240902
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Property Description
STUNNING, RENOVATED WELL MAINTAINED LUXURY CONDO IN THE HEART OF RICHMOND HILL, APPX 1200 SQ, WITH 2 PARKING SPOTS, MODERN CLASSIC KITCHEN, MARBLE BACKSPLASH, QUARTZ TILES AND A GREAT DESIGNER INTERIOR LOOK, ENJOY LUXURY CONDO LIVING WITH INDOOR POOL, GYM, PARTY AND MEETING ROOM, STUDY ROOM/ LIBRARY, TENNIS COURT, SAUNA, GAMES ROOM, BILLIARDS, AND GUEST SUITES. BALCONY W/ GREAT UNOBSTRUCTED VIEW. EASY ACCESS TO HOSPITAL, POLICE STATION, PUBLIC TRANSIT, REC CENTRE, RICHMOND HILL LIBRARY, T& T MARKET, MANY RESTAURANTS AND NIGHTLIFE VENUES, WALKING DISTANCE TO HILLCREST MALL, TRANSIT AT DOORSTEPS, WALKING TRAILS AND PARKS NEARBY.
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Extras
STAINLESS STEEL FRIDGE, STOVE, B/I DISHWASHER, GLASS STAINLESS STELL RANGE HOOD, ELECTRICAL LIGHT FIXTURES, STACKED WASHER AND DRYER, FABULOUS AMENITIES AND LARGE BALCONY.
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$2,635 (2023)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
Owned (P1 -01, P1- 81)
Parking 2
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Flat | 8.14' x 14.40' | Hardwood Floor, Breakfast Bar, Modern Kitchen |
| Dining | Flat | 15.88' x 8.56' | Hardwood Floor, Open Concept |
| Living | Flat | 10.56' x 24.64' | Hardwood Floor, Combined W/Solarium |
| Solarium | Flat | 10.56' x 24.64' | Hardwood Floor, Combined W/Living |
| Prim Bdrm | Flat | 10.53' x 23.36' | Hardwood Floor, 4 Pc Bath, Closet |
| 2nd Br | Flat | 8.40' x 12.66' | Hardwood Floor, Double Closet |
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Richmond Hill Market Statistics
Richmond Hill Price Trend
100 Observatory Lane 1405 is a 2-bedroom 2-bathroom condo listed for sale at $699,000, which is $38,764 (5.3%) 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 Re/Max Hallmark Realty Ltd.
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