100 Observatory Lane 312
Observatory, Richmond Hill, L4C 1T4
FOR SALE
$675,000
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BEDROOMS2
BATHROOMS1
KITCHENS5
ROOMSN11925333
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Property Description
Fantastic Opportunity To Own A 2 Bed, 2 Bath, Condo In Richmond Hill. This Spacious 1,002 Sq Ft Unit Includes 1 Underground Parking Space And Has Been Freshly Painted Throughout. The Floor Plan Has Been Thoughtfully Laid Out With The Bedrooms On Opposite Ends To Provide Privacy. The Primary Bedroom Features A Large Walk-in Closet and 4 Pc Ensuite. The Living Space Has Plenty Of Room For A Dining Set, Sitting Room And Desk As Well As Access To The Balcony With South East Views. Enjoy The Convenience Of Ensuite Laundry With A Combined Storage Space Directly In The Unit! The Maintenance Fees Include: Heat, Hydro, Water, Ignite Unlimited High-Speed Internet & TV, Indoor Pool, Hot Tub, Sauna, Gym, Billiards Room, Library, Party Room, Tennis Court & Visitor Parking!
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Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$2,360 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Fan Coil
Heat Source
Other
Hydro Included
Yes
Air Conditioning
Other
Elevator
Yes
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.75' x 19.55' | |
| Dining | Main | 9.42' x 8.33' | |
| Kitchen | Main | 7.15' x 8.99' | |
| Prim Bdrm | Main | 10.30' x 13.06' | |
| 2nd Br | Main | 9.22' x 11.32' |
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Richmond Hill Market Statistics
Richmond Hill Price Trend
100 Observatory Lane 312 is a 2-bedroom 2-bathroom condo listed for sale at $675,000, which is $34,750 (5.4%) higher than the average sold price of $640,250 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 2 bedroom condo in Richmond Hill declined by $31,095 (4.6%) compared to the previous 30 day period (November 19 - December 18) and down $56,820 (8.2%) from the same time one year ago.Inventory Change
There were 28 2-bedroom condos listed in Richmond Hill over the last 30 days (December 19 - January 17), which is down 3.4% compared with the previous 30 day period (November 19 - December 18) and down 12.5% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Richmond Hill typically sold ($21,775) (3.4%) below asking price over the last 30 days (December 19 - January 17), which represents a $8,643 increase compared to the previous 30 day period (November 19 - December 18) and ($10,620) 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 (December 19 - January 17) stood at 42.9%, down from 75.9% over the previous 30 days (November 19 - December 18) and down from 62.5% 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 47 days when successfully sold over the last 30 days (December 19 - January 17), compared to 74 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Energy Real Estate, Brokerage
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