100 Observatory Lane 1513

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100 Observatory Lane 1513, Richmond Hill
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1 + 2
BEDROOMS
1
BATHROOMS
1
KITCHENS
6
ROOMS
N3616453
MLSID
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Property Description
Prestige Tridel Condo, Approx. 900 Sq.Ft.East-Facing Condo With Stunning Views Of David Dunlop Park And Observatory! Spacious, Bright, And Cozy Condo Located In A Great Richmond Hill Neighborhood - Close To All Amenities (No Frills, T&T, Hillcrest Mall, Shoppers Drug Mart, Yrt Transportation)! This Unit Is Perfect For First Time Home Buyers Or Someone Looking For An Investment Opportunity! Featuring 1 Spacious Bedroom And Den, Lots Of Natural Lighting! Enjoy
Extras
Fridge, Stove, B/I Dishwasher, Washer, Dryer, All Light Fixtures, All Window Coverings, Shelves At Laundry Room. 1 Parking Space.
Property Features
Grnbelt/Conserv, Hospital, Library, Park, Place Of Worship, Public Transit
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$2,002 (2016)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (B146)
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingFlat11.06' x 15.91'Broadloom, W/O To Sunroom, Sliding Doors
SolariumFlat9.88' x 11.02'Broadloom, Large Window
DenFlat11.12' x 13.22'Broadloom
MasterFlat10.50' x 17.95'Broadloom, Large Window
KitchenFlat8.53' x 9.48'Ceramic Back Splash, Breakfast Bar
LaundryFlat4.69' x 8.53'Ceramic Back Splash, B/I Shelves
Richmond Hill Market Statistics
Richmond Hill Price Trend
100 Observatory Lane 1513 is a 1-bedroom 1-bathroom condo listed for sale at $335,900, which is $246,296 (42.3%) lower than the average sold price of $582,196 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 1 bedroom condo in Richmond Hill increased by $6,528 (1.1%) compared to the previous 30 day period (February 19 - March 19) and down $17,738 (3.0%) from the same time one year ago.
Inventory Change
There were 46 1-bedroom condos listed in Richmond Hill over the last 30 days (March 20 - April 18), which is up 21.1% compared with the previous 30 day period (February 19 - March 19) and up 17.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Richmond Hill typically sold ($3,785) (0.7%) below asking price over the last 30 days (March 20 - April 18), which represents a $1,723 increase compared to the previous 30 day period (February 19 - March 19) and ($8,406) 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 1-bedroom condos in Richmond Hill over the last 30 days (March 20 - April 18) stood at 60.9%, down from 71.1% over the previous 30 days (February 19 - March 19) and down from 82.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Richmond Hill stood at 18 days when successfully sold over the last 30 days (March 20 - April 18), compared to 60 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Heritage Group Ltd., Brokerage
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