100 Observatory Lane 806

FOR SALE
$949,900
100 Observatory Lane 806, Richmond Hill
100 Observatory Lane 806
100 Observatory Lane 806
100 Observatory Lane 806
100 Observatory Lane 806
100 Observatory Lane 806
100 Observatory Lane 806
100 Observatory Lane 806
100 Observatory Lane 806
100 Observatory Lane 806
100 Observatory Lane 806
100 Observatory Lane 806
100 Observatory Lane 806
100 Observatory Lane 806
100 Observatory Lane 806
100 Observatory Lane 806
100 Observatory Lane 806
100 Observatory Lane 806
100 Observatory Lane 806
100 Observatory Lane 806
100 Observatory Lane 806
100 Observatory Lane 806
100 Observatory Lane 806
100 Observatory Lane 806
100 Observatory Lane 806
100 Observatory Lane 806
100 Observatory Lane 806
100 Observatory Lane 806
100 Observatory Lane 806
100 Observatory Lane 806
100 Observatory Lane 806
100 Observatory Lane 806
100 Observatory Lane 806
100 Observatory Lane 806
100 Observatory Lane 806
100 Observatory Lane 806
100 Observatory Lane 806
100 Observatory Lane 806
100 Observatory Lane 806
100 Observatory Lane 806
100 Observatory Lane 806
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2 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
N8418452
MLSID
Contact Us
Property Description
Welcome to 100 Observatory Lane! Fully Renovated Spacious 2 Bedroom + Den Unit In A Highly Desirable Area Of Richmond Hill ! Almost 1,200 Sq Ft Plus Balcony! Few Hundred Thousand $$$ Worth Of Custom Finishes Including Custom Made Kitchen With High End Stainless Steel Appliances, Pot Lights, Quartz Countertops And Backsplash ! Other Upgrades Include: Whole Unit Freshly Painted, Luxury Laminate Flooring, Crown Mouldings, Custom Modern Light Fixtures, Window Coverings, 2 Fully Upgraded Bathrooms. Ungraded Laundry Room With Custom Cabinets & Quartz Countertop. Master Bedroom Features A 4 Piece En-Suite, Large Sliding Door With Balcony Access As Well As 2 Closets For Him And For Her. Very Bright Sun Filled Unit With Great South West Exposure. This exceptionally well kept building has many great amenities including guest suites, pool, gym, games room, library, party room, sauna, hot tub and much more. Bonus along with all utilities included in monthly maintenance fee is Rogers Ignite TV and High Speed Internet. This location has everything, steps to Hillcrest Mall, great restaurants, transit, and much more !!!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-08-25 2020-09-03 9 $2,700 $2,650 Leased
2020-06-29 2020-07-07 8 $575,000 $550,000 Sold
2020-03-27 2020-05-15 49 $625,000 - Terminated
2020-05-15 2020-06-29 45 $600,000 - Terminated
Nearby Intersections
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$2,635 (2023)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
2
Parking 1
Owned
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
KitchenFlat8.14' x 14.27'Stone Counter, Tile Floor
DiningFlat11.81' x 16.54'Open Concept
LivingFlat12.40' x 10.66'Combined W/Dining, Laminate
BrFlat10.60' x 18.11'W/O To Balcony, Double Closet, Laminate
2nd BrFlat8.23' x 11.88'West View, Laminate
SolariumFlat9.38' x 10.60'W/O To Balcony, Laminate
LaundryFlat5.48' x 8.63'
Richmond Hill Market Statistics
Richmond Hill Price Trend
100 Observatory Lane 806 is a 2-bedroom 2-bathroom condo listed for sale at $949,900, which is $233,543 (32.6%) higher than the average sold price of $716,357 in the last 30 days (June 6 - July 5). During the last 30 days the average sold price for a 2 bedroom condo in Richmond Hill declined by $34,121 (4.5%) compared to the previous 30 day period (May 7 - June 5) and down $34,068 (4.5%) from the same time one year ago.
Inventory Change
There were 66 2-bedroom condos listed in Richmond Hill over the last 30 days (June 6 - July 5), which is up 17.9% compared with the previous 30 day period (May 7 - June 5) and up 17.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Richmond Hill typically sold ($19,376) (2.7%) below asking price over the last 30 days (June 6 - July 5), which represents a $7,410 increase compared to the previous 30 day period (May 7 - June 5) and $1,720 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 6 - July 5) stood at 42.4%, up from 41.1% over the previous 30 days (May 7 - June 5) and down from 101.8% 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 37 days when successfully sold over the last 30 days (June 6 - July 5), compared to 42 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group-Admiral Realty Inc.
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