100 Observatory Lane 214
Observatory, Richmond Hill, L4C 1T4
FOR SALE
$838,000
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BEDROOMS2
BATHROOMS1
KITCHENS7
ROOMSN11975374
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Property Description
Rare 3 bedroom + den, large open concept luxury Tridel Built, 2 parking spots, great location, very bright with 3 walk outs to balcony, 2 furnaces/2 air conditioners, newer bathrooms, engineered hardwood flooring, renovated kitchen with pantry, pot lights, pass-through and stainless steel appliances, large primary bedroom with walk-in closet & 3piece ensuite, walk-in laundry/storage, well maintained building with wonderful amenities, treed view, beautiful manicured gardens. Steps to Yonge Street, shopping, transit, restaurants, city bus right to the front lobby. Truly pride of ownership. Pleasure to show.
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Nearby Intersections
Property Features
Arts Centre, Clear View, Library, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1200-1399
Taxes
$3,083 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
2
Parking 1
Owned (P2 -111)
Parking 2
Owned (P2 -111)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.84' x 25.75' | Open Concept, W/O To Balcony, Hardwood Floor |
| Dining | Main | 8.23' x 8.63' | W/O To Balcony, Hardwood Floor, Combined W/Living |
| Kitchen | Main | 10.14' x 11.71' | Renovated, Pass Through, Stainless Steel Appl |
| Prim Bdrm | Main | 10.07' x 21.69' | 3 Pc Ensuite, W/I Closet, Hardwood Floor |
| 2nd Br | Main | 9.51' x 14.40' | Large Closet, O/Looks Garden, Hardwood Floor |
| 3rd Br | Main | 8.20' x 14.57' | W/O To Balcony, Hardwood Floor, Large Closet |
| Laundry | Main | 5.64' x 7.09' |
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Richmond Hill Market Statistics
Richmond Hill Price Trend
100 Observatory Lane 214 is a 3-bedroom 2-bathroom condo listed for sale at $838,000, which is $45,500 (5.7%) higher than the average sold price of $792,500 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom condo in Richmond Hill declined by $497,500 (38.6%) compared to the previous 30 day period (December 22 - January 20) and down $40,000 (4.8%) from the same time one year ago.Inventory Change
There were 6 3-bedroom condos listed in Richmond Hill over the last 30 days (January 21 - February 19), which is up 100.0% compared with the previous 30 day period (December 22 - January 20) and up 100.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom condos in Richmond Hill typically sold ($26,400) (3.3%) below asking price over the last 30 days (January 21 - February 19), which represents a $73,600 increase compared to the previous 30 day period (December 22 - January 20) and ($31,450) more 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 3-bedroom condos in Richmond Hill over the last 30 days (January 21 - February 19) stood at 33.3%, down from 33.3% over the previous 30 days (December 22 - January 20) and down from 66.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom condo in Richmond Hill stood at 6 days when successfully sold over the last 30 days (January 21 - February 19), compared to 89 days before being removed from the market upon being suspended or terminated.Listing contracted with Sutton Group-Admiral Realty Inc.
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