100 Observatory Lane 314
Observatory, Richmond Hill, L4C 1T4
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3 + 1
BEDROOMS2
BATHROOMS1
KITCHENS6 + 1
ROOMSN3809070
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Property Description
Rare And Very Large (Approx. 1400Sq.Ft.) Unit With Three Bedrooms Plus Solarium In Luxurious Tridel Building In The Heart Of Richmond Hill. 3 Walk-Outs From Solarium,Master And Third Bedroom To A Large Balcony. *2 Parking Spots And 2 Lockers*. Spacious Laundry Rm. Convenient Yonge Street Location Close To Public Transit, Shops, Hillcrest Mall And All Amenities.Superb Rec. Facilities Incl. Indoor Pool, Sauna,Hot Tub, 2 Guest Suites, Exercise And Party Room.
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Extras
Fridge, Stove, Built-In Dishwasher, Washer, Dryer, All Electrical Light Fixtures, All Window Coverings. (Excl. Valance In Solarium). Parking : P2- #53 & 69, Lockers: P2 - #186 & 205. Building Is Undergoing Lobby And Hallways Renovation**.
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1200-1399
Taxes
$3,065 (2016)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
2
Parking 1
Owned (Unit 53 Lev.B)
Parking 2
Owned (Unit 53 Lev.B)
Garage Type
Undergrnd
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 11.98' x 16.99' | Laminate, Combined W/Solarium |
| Dining | Flat | 11.81' x 13.78' | Laminate |
| Kitchen | Flat | 10.17' x 11.48' | Ceramic Floor, Eat-In Kitchen, B/I Dishwasher |
| Master | Flat | 10.33' x 21.98' | Laminate, 4 Pc Bath, W/I Closet |
| 2nd Br | Flat | 9.68' x 14.86' | Laminate, Closet, Picture Window |
| 3rd Br | Flat | 8.53' x 14.76' | Laminate, Closet, W/O To Balcony |
| Solarium | Flat | 9.84' x 12.14' | Laminate, W/O To Balcony |
| Laundry | Flat | 5.09' x 7.55' | Ceramic Floor |
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Richmond Hill Market Statistics
Richmond Hill Price Trend
100 Observatory Lane 314 is a 3-bedroom 2-bathroom condo listed for sale at $715,000, which is $110,000 (13.3%) lower than the average sold price of $825,000 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 3 bedroom condo in Richmond Hill increased by $9,667 (1.2%) compared to the previous 30 day period (February 26 - March 26) and up $13,000 (1.6%) from the same time one year ago.Inventory Change
There were 7 3-bedroom condos listed in Richmond Hill over the last 30 days (March 27 - April 25), which is up 133.3% compared with the previous 30 day period (February 26 - March 26) and up 133.3% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom condos in Richmond Hill typically sold $36,000 (4.4%) above asking price over the last 30 days (March 27 - April 25), which represents a $56,333 increase compared to the previous 30 day period (February 26 - March 26) and $24,280 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 condos in Richmond Hill over the last 30 days (March 27 - April 25) stood at 28.6%, down from 100.0% over the previous 30 days (February 26 - March 26) and down from 133.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom condo in Richmond Hill stood at 14 days when successfully sold over the last 30 days (March 27 - April 25), compared to 63 days before being removed from the market upon being suspended or terminated.Listing contracted with Sutton Group-Admiral Realty Inc., Brokerage
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