23 Observatory Lane 280
Observatory, Richmond Hill, L4C 0M7
FOR SALE
$989,000
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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, 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.
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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
Yonge & 16th Avenue (241)
Yonge & Weldrick (208)
Yonge & Major Mackenzie (171)
Yonge & Carrville (83)
Property Features
Library, Park, Public Transit, School
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Property Details
Street
Community
City
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
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 44.69' x 79.99' | Parquet Floor, Open Concept, Combined W/Dining |
| Dining | Main | 44.69' x 79.99' | Parquet Floor, Large Window, Combined W/Living |
| Kitchen | Main | 37.66' x 41.67' | Ceramic Floor, Eat-In Kitchen, O/Looks Park |
| Prim Bdrm | 2nd | 44.88' x 44.88' | Parquet Floor, 4 Pc Ensuite, W/I Closet |
| 2nd Br | 2nd | 32.84' x 37.66' | Parquet Floor, Closet, Window |
| 3rd Br | 2nd | 36.65' x 33.69' | Parquet Floor, Closet, Window |
| Rec | Bsmt | 36.06' x 45.54' | Laminate, W/O To Yard, 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 $989,000, which is $124,543 (11.2%) lower than the average sold price of $1,113,543 in the last 30 days (September 21 - October 20). During the last 30 days the average sold price for a 3 bedroom townhome in Richmond Hill declined by $83,304 (7.0%) compared to the previous 30 day period (August 22 - September 20) and down $70,171 (5.9%) from the same time one year ago.Inventory Change
There were 88 3-bedroom townhomes listed in Richmond Hill over the last 30 days (September 21 - October 20), which is down 13.7% compared with the previous 30 day period (August 22 - September 20) and up 15.8% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom townhomes in Richmond Hill typically sold ($15,589) (1.4%) below asking price over the last 30 days (September 21 - October 20), which represents a $21,158 decrease compared to the previous 30 day period (August 22 - September 20) and $4,942 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 (September 21 - October 20) stood at 38.6%, up from 22.5% over the previous 30 days (August 22 - September 20) and up from 36.8% 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 33 days when successfully sold over the last 30 days (September 21 - October 20), compared to 50 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Team Realty Inc.
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