100 Observatory Lane 1405

FOR SALE
$788,000
100 Observatory Lane 1405, Richmond Hill
100 Observatory Lane 1405
100 Observatory Lane 1405
100 Observatory Lane 1405
100 Observatory Lane 1405
100 Observatory Lane 1405
100 Observatory Lane 1405
100 Observatory Lane 1405
100 Observatory Lane 1405
100 Observatory Lane 1405
100 Observatory Lane 1405
100 Observatory Lane 1405
100 Observatory Lane 1405
100 Observatory Lane 1405
100 Observatory Lane 1405
100 Observatory Lane 1405
100 Observatory Lane 1405
100 Observatory Lane 1405
100 Observatory Lane 1405
100 Observatory Lane 1405
100 Observatory Lane 1405
100 Observatory Lane 1405
100 Observatory Lane 1405
100 Observatory Lane 1405
100 Observatory Lane 1405
100 Observatory Lane 1405
100 Observatory Lane 1405
100 Observatory Lane 1405
100 Observatory Lane 1405
100 Observatory Lane 1405
100 Observatory Lane 1405
100 Observatory Lane 1405
100 Observatory Lane 1405
100 Observatory Lane 1405
100 Observatory Lane 1405
100 Observatory Lane 1405
100 Observatory Lane 1405
100 Observatory Lane 1405
100 Observatory Lane 1405
100 Observatory Lane 1405
100 Observatory Lane 1405
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2 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
N8303630
MLSID
Contact Us
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, ENGINEERED HARDWOOD FLOOR, 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.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-04-16 2024-05-03 17 $699,000 - Terminated
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
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$2,634 (2023)
Basement
None
Exterior
Brick Front, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
Owned (P1)
Parking 2
Owned (P1)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
KitchenFlat8.14' x 14.40'Hardwood Floor, Breakfast Bar, Modern Kitchen
DiningFlat15.88' x 8.56'Hardwood Floor, Open Concept
LivingFlat10.56' x 24.64'Hardwood Floor, Combined W/Solarium
SolariumFlat10.56' x 24.64'Hardwood Floor, Combined W/Living
Prim BdrmFlat10.53' x 23.36'Hardwood Floor, 4 Pc Bath, His/Hers Closets
2nd BrFlat8.40' x 12.66'Hardwood Floor, Double Closet
Richmond Hill Market Statistics
Richmond Hill Price Trend
100 Observatory Lane 1405 is a 2-bedroom 2-bathroom condo listed for sale at $788,000, which is $34,063 (4.5%) higher than the average sold price of $753,937 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 2 bedroom condo in Richmond Hill increased by $34,207 (4.8%) compared to the previous 30 day period (March 15 - April 13) and down $8,748 (1.1%) from the same time one year ago.
Inventory Change
There were 83 2-bedroom condos listed in Richmond Hill over the last 30 days (April 14 - May 13), which is up 48.2% compared with the previous 30 day period (March 15 - April 13) and up 102.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Richmond Hill typically sold ($19,805) (2.6%) below asking price over the last 30 days (April 14 - May 13), which represents a $1,498 decrease compared to the previous 30 day period (March 15 - April 13) and ($1,082) 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 (April 14 - May 13) stood at 38.6%, down from 46.4% over the previous 30 days (March 15 - April 13) and down from 85.4% 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 27 days when successfully sold over the last 30 days (April 14 - May 13), compared to 43 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Hallmark Realty Ltd.
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