23 Observatory Lane 280

FOR SALE
$989,000
23 Observatory Lane 280, Richmond Hill
23 Observatory Lane 280
23 Observatory Lane 280
23 Observatory Lane 280
23 Observatory Lane 280
23 Observatory Lane 280
23 Observatory Lane 280
23 Observatory Lane 280
23 Observatory Lane 280
23 Observatory Lane 280
23 Observatory Lane 280
23 Observatory Lane 280
23 Observatory Lane 280
23 Observatory Lane 280
23 Observatory Lane 280
23 Observatory Lane 280
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3
BEDROOMS
3
BATHROOMS
1
KITCHENS
8 + 1
ROOMS
N9365544
MLSID
Contact Us
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, Freshly Pained . Walkout Ground Level Basement Facing The Park. Quiet Family Friendly Neighborhood 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.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-07-05 2024-09-23 80 $1,150,000 - Terminated
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
Property Features
Library, Park, Public Transit, School
Property Details
Community
Property Type
Condo Townhouse, 2-Storey
Approximate Sq.Ft.
1600-1799
Taxes
$4,003 (2024)
Basement
Finished, 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
Room Summary
RoomLevelSizeFeatures
LivingMain44.69' x 79.99'Parquet Floor, Open Concept, Combined W/Dining
DiningMain44.69' x 79.99'Parquet Floor, Large Window, Combined W/Living
KitchenMain37.66' x 41.67'Ceramic Floor, Eat-In Kitchen, O/Looks Park
Prim Bdrm2nd44.88' x 44.88'Parquet Floor, 4 Pc Ensuite, W/I Closet
2nd Br2nd32.84' x 37.66'Parquet Floor, Closet, Window
3rd Br2nd36.65' x 33.69'Parquet Floor, Closet, Window
RecBsmt36.06' x 45.54'Laminate, W/O To Yard, Access To Garage
Richmond Hill Market Statistics
Richmond Hill Price Trend
23 Observatory Lane 280 is a 3-bedroom 3-bathroom townhome listed for sale at $989,000, which is $157,581 (13.7%) lower than the average sold price of $1,146,581 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom townhome in Richmond Hill increased by $33,038 (3.0%) compared to the previous 30 day period (September 21 - October 20) and down $3,934 (0.3%) from the same time one year ago.
Inventory Change
There were 72 3-bedroom townhomes listed in Richmond Hill over the last 30 days (October 21 - November 19), which is down 18.2% compared with the previous 30 day period (September 21 - October 20) and up 12.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom townhomes in Richmond Hill typically sold $25,281 (2.2%) above asking price over the last 30 days (October 21 - November 19), which represents a $40,870 increase compared to the previous 30 day period (September 21 - October 20) and $7,196 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 townhomes in Richmond Hill over the last 30 days (October 21 - November 19) stood at 56.9%, up from 38.6% over the previous 30 days (September 21 - October 20) and up from 40.6% 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 (October 21 - November 19), compared to 60 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Team Realty Inc.
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