23 Observatory Lane 280
Observatory, Richmond Hill, L4C 0M7
FOR SALE
$1,150,000
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Property Description
Don't Miss An Incredible Opportunity To Live In The Highly Desirable Observatory Community! Gorgeous Freshly Painted 3 Bedroom 3 Bathroom RARELY Offered Corner Townhome In An Exclusive Richmond Hill Community. A Bright And Spacious Townhouse Offering A Large Open Concept Living Space, Modern and Upgraded Kitchen With Lots of Light And A Breakfast Area With A Walkout Balcony That Provides Amazing Park And Greenery Views. Hardwood Floors And Oak Staircases, 9 FT Ceiling, Walkout Ground Level Basement Facing The Park. Quiet Family Friendly Neighbourhood And An Excellent School District. Steps to Viva, Hillcrest Mall, Plaza, Community Center & More. Close to Future Subway Extension Line, High Ranking Schools And Private Schools.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-04-17 | 2024-07-05 | 79 | $1,088,800 | - | Terminated |
| 2024-04-17 | 2024-07-03 | 77 | $1,088,800 | - | Suspended |
| 2024-04-17 | 2024-06-27 | 71 | $1,088,800 | - | Suspended |
| 2024-03-28 | 2024-04-17 | 20 | $899,800 | - | Terminated |
Extras
See attached File For Full List Of Renovations & Upgrades.
Nearby Intersections
Yonge & 16th Avenue (236)
Yonge & Weldrick (198)
Yonge & Major Mackenzie (155)
Yonge & Carrville (80)
Property Features
Arts Centre, Hospital, Library, Park, School, School Bus Route
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Property Details
Street
Community
City
Property Type
Condo Townhouse, Multi-Level
Approximate Sq.Ft.
1600-1799
Taxes
$4,003 (2023)
Basement
Fin W/O
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Built-In
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 13.62' x 24.38' | Large Window, Hardwood Floor, Combined W/Workshop |
| Dining | Main | 13.62' x 24.38' | Combined W/Living, Open Concept, Large Window |
| Kitchen | Main | 11.48' x 12.70' | Modern Kitchen, Breakfast Area, O/Looks Park |
| Prim Bdrm | 2nd | 13.68' x 13.68' | 3 Pc Ensuite, W/I Closet, Hardwood Floor |
| 2nd Br | 2nd | 10.01' x 11.48' | Hardwood Floor, Closet, Window |
| 3rd Br | 2nd | 10.17' x 10.27' | Window, Hardwood Floor, Closet |
| Family | Ground | 10.99' x 13.88' | W/O To Yard, Sliding Doors, Access To Garage |
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Richmond Hill Market Statistics
Richmond Hill Price Trend
23 Observatory Lane 280 is a 3-bedroom 3-bathroom townhome listed for sale at $1,150,000, which is $38,300 (3.2%) lower than the average sold price of $1,188,300 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 3 bedroom townhome in Richmond Hill increased by $60,339 (5.3%) compared to the previous 30 day period (July 22 - August 20) and down $73,778 (5.8%) from the same time one year ago.Inventory Change
There were 106 3-bedroom townhomes listed in Richmond Hill over the last 30 days (August 21 - September 19), which is up 71.0% compared with the previous 30 day period (July 22 - August 20) and up 41.3% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom townhomes in Richmond Hill typically sold ($12,236) (1.0%) below asking price over the last 30 days (August 21 - September 19), which represents a $64,731 decrease compared to the previous 30 day period (July 22 - August 20) and $50,629 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 3-bedroom townhomes in Richmond Hill over the last 30 days (August 21 - September 19) stood at 23.6%, down from 71.0% over the previous 30 days (July 22 - August 20) and down from 37.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom townhome in Richmond Hill stood at 22 days when successfully sold over the last 30 days (August 21 - September 19), compared to 48 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Team Realty Inc.
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