23 Observatory Lane 286
Observatory, Richmond Hill, L4C 0M7
FOR SALE
$1,118,000
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3
BEDROOMS4
BATHROOMS1 + 1
KITCHENS7
ROOMSN11905245
MLSIDContact Us
Property Description
Don't Miss This Fantastic Opportunity To Live In The Highly Sought-After Observatory Community! Stunning Freshly Painted 3 Bedroom, 4 Bathroom Townhome With Walkout Ground Level Basement Apartment Overlooking The Park In A Prestigious Richmond Hill Neighborhood. This Bright And Spacious Home Features A Generous Open Concept Layout, A Modern And Updated Kitchen With Ample Natural Light, And A Breakfast Area With A Walkout Balcony Offering Beautiful Park And Greenery Views. Gleaming Hardwood Floors And Elegant Oak Staircases, 9 FT Ceilings. Located In A Quiet, Family-Friendly Neighborhood With An Excellent School District. Just Steps To Viva, Hillcrest Mall, Shopping Plaza, Community Center & More. Close To The Future Subway Extension Line, Top-Ranking Schools, And Private Institutions.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-09-19 | 2024-12-19 | 91 | $1,125,000 | - | Expired |
| 2024-08-16 | 2024-09-13 | 28 | $999,000 | - | Terminated |
Nearby Intersections
Yonge & 16th Avenue (161)
Yonge & Weldrick (127)
Yonge & Major Mackenzie (105)
Yonge & Carrville (52)
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Property Details
Street
Community
City
Property Type
Condo Townhouse, 2-Storey
Approximate Sq.Ft.
1800-1999
Taxes
$4,003 (2024)
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 | 2nd | 13.71' x 27.49' | Hardwood Floor, Moulded Ceiling |
| Dining | 2nd | 13.71' x 27.49' | Hardwood Floor, Combined W/Living |
| Kitchen | 2nd | 13.35' x 19.55' | Ceramic Floor, Modern Kitchen, W/O To Deck |
| Prim Bdrm | 3rd | 13.65' x 21.82' | Broadloom, 4 Pc Ensuite, W/I Closet |
| 2nd Br | 3rd | 9.88' x 12.60' | Broadloom, Closet, O/Looks Park |
| 3rd Br | 3rd | 10.17' x 10.37' | Broadloom, Closet, O/Looks Park |
| Family | Ground | 12.30' x 14.24' | Laminate, Breakfast Bar, W/O To Yard |
| Foyer | In Betwn | 4.92' x 17.59' | Ceramic Floor, Mirrored Closet, Moulded Ceiling |
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Richmond Hill Market Statistics
Richmond Hill Price Trend
23 Observatory Lane 286 is a 3-bedroom 4-bathroom townhome listed for sale at $1,118,000, which is $36,962 (3.4%) higher than the average sold price of $1,081,038 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom townhome in Richmond Hill declined by $54,146 (4.8%) compared to the previous 30 day period (November 19 - December 18) and up $76,357 (7.6%) from the same time one year ago.Inventory Change
There were 36 3-bedroom townhomes listed in Richmond Hill over the last 30 days (December 19 - January 17), which is down 14.3% compared with the previous 30 day period (November 19 - December 18) and up 71.4% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom townhomes in Richmond Hill typically sold $5,133 (0.5%) above asking price over the last 30 days (December 19 - January 17), which represents a $2,299 increase compared to the previous 30 day period (November 19 - December 18) and ($40,590) 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 (December 19 - January 17) stood at 58.3%, down from 114.3% over the previous 30 days (November 19 - December 18) and up from 52.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom townhome in Richmond Hill stood at 44 days when successfully sold over the last 30 days (December 19 - January 17), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Exp Realty
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