75 Weldrick Rd E 731
Observatory, Richmond Hill, L4C 0H9
FOR SALE
$599,999
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Property Description
Welcome to this modern condo in Richmond Hill's sought-after Observatory community! Spacious layouts, open concept, contemporary finishes & ample natural light make this home shine. Located near parks, top schools, Hillcrest Mall, dining, and entertainment. Easy access to major highways and transit for stress-free commuting. Enjoy the best of suburban living with urban conveniences nearby. Don't miss this opportunity to make this vibrant neighborhood your new home!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-07-05 | 2021-07-13 | 8 | $589,000 | $589,000 | Sold |
| 2020-05-04 | 2020-05-11 | 7 | $510,000 | $512,000 | Sold |
| 2020-05-04 | 2020-05-13 | 9 | $1,950 | - | Terminated |
Nearby Intersections
Yonge & 16th Avenue (230)
Yonge & Weldrick (198)
Yonge & Major Mackenzie (161)
Bayview & 16th Avenue (110)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$2,220 (2023)
Basement
None
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (level b)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Family | Main | 8.76' x 14.07' | W/O To Balcony, Laminate, Open Concept |
| Dining | Main | 8.20' x 10.50' | Combined W/Family, Laminate, Open Concept |
| Kitchen | Main | 7.81' x 8.07' | Separate Rm, Tile Floor, Stainless Steel Appl |
| Prim Bdrm | Main | 8.30' x 15.88' | 5 Pc Ensuite |
| 2nd Br | Main | 8.43' x 9.58' |
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Richmond Hill Market Statistics
Richmond Hill Price Trend
75 Weldrick Rd E 731 is a 2-bedroom 1-bathroom condo listed for sale at $599,999, which is $46,041 (7.1%) lower than the average sold price of $646,040 in the last 30 days (September 5 - October 4). During the last 30 days the average sold price for a 2 bedroom condo in Richmond Hill declined by $32,550 (4.8%) compared to the previous 30 day period (August 6 - September 4) and down $137,560 (17.6%) from the same time one year ago.Inventory Change
There were 63 2-bedroom condos listed in Richmond Hill over the last 30 days (September 5 - October 4), which is up 46.5% compared with the previous 30 day period (August 6 - September 4) and up 8.6% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Richmond Hill typically sold ($25,575) (4.0%) below asking price over the last 30 days (September 5 - October 4), which represents a $5,043 increase compared to the previous 30 day period (August 6 - September 4) and ($10,316) 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 (September 5 - October 4) stood at 39.7%, down from 51.2% over the previous 30 days (August 6 - September 4) and down from 43.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Richmond Hill stood at 29 days when successfully sold over the last 30 days (September 5 - October 4), compared to 84 days before being removed from the market upon being suspended or terminated.Listing contracted with Intercity Realty Inc.
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