100 Observatory Lane PH9
Observatory, Richmond Hill, L4C 1T4
FOR SALE
$779,000
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Property Description
Welcome To The Observatory Lane Condo Built By Tridel! Rarely Offered PENTHOUSE Suite With Unobstructed West Sunset View! Generous 1190 Sqft Floor Plan Boosting Exceptionally Bright Solarium Room Walking Out To Balcony, Open Concept Living & Dining, Kitchen With Breakfast Area And Walk-In Storage/Laundry Room, Spacious Primary Bedroom Featuring His /Hers Closet! 2 Parking Spots Side By Side! All Inclusive Well Maintained Building With Amazing Amenities: Indoor Pool, Hot Tub, Sauna, Full Gym, Guest Suites, Library, Party Room, Pool Table, Table Tennis, Outdoor BBQ, Tennis Court & Visitor Parking!
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Extras
Prime Location In The Heart Of Richmond Hill! Short Walk To Bridgeview Cordone Park, Restaurants, Supermarket, Hillcrest Mall & Public Transit!
Nearby Intersections
Property Features
Library, Park, Public Transit, Rec Centre, School, Wooded/Treed
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$2,748 (2024)
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 (B)
Parking 2
Owned (B)
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 8.27' x 14.99' | Breakfast Area, Stainless Steel Appl, Ceramic Floor |
Dining | Main | 8.50' x 11.52' | Open Concept, Combined W/Living |
Living | Main | 10.66' x 22.34' | Open Concept, Combined W/Dining, W/O To Sunroom |
Den | Main | 10.66' x 10.01' | Large Window, W/O To Balcony |
Prim Bdrm | Main | 10.50' x 17.59' | 4 Pc Ensuite, Large Window, Double Closet |
2nd Br | Main | 8.50' x 12.01' | Large Window, Closet |
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Richmond Hill Market Statistics
Richmond Hill Price Trend
100 Observatory Lane PH9 is a 2-bedroom 2-bathroom condo listed for sale at $779,000, which is $66,036 (9.3%) higher than the average sold price of $712,964 in the last 30 days (May 31 - June 29). During the last 30 days the average sold price for a 2 bedroom condo in Richmond Hill declined by $53,461 (7.0%) compared to the previous 30 day period (May 1 - May 30) and down $61,281 (7.9%) from the same time one year ago.Inventory Change
There were 61 2-bedroom condos listed in Richmond Hill over the last 30 days (May 31 - June 29), which is up 5.2% compared with the previous 30 day period (May 1 - May 30) and down 4.7% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Richmond Hill typically sold ($17,921) (2.5%) below asking price over the last 30 days (May 31 - June 29), which represents a $11,483 increase compared to the previous 30 day period (May 1 - May 30) and $5,267 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 (May 31 - June 29) stood at 45.9%, up from 34.5% over the previous 30 days (May 1 - May 30) and down from 79.7% 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 38 days when successfully sold over the last 30 days (May 31 - June 29), compared to 42 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 The One Realty
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