100 Observatory Lane 412

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100 Observatory Lane 412, Richmond Hill
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
N4137340
MLSID
Contact Us
Property Description
Phenomenal 2 Bed, 2 Full Bath Condo W/ An Excellent Split Bedroom, Open Concept Floor Plan In The Highly Coveted Luxury Tridel Building. Freshly Painted, W/ Over 1000 Sq Ft Living Space, Massive Living Area, Master Bedroom W/ Walk-In Closet, Unobstructed Se Exposure. Beautifully Renovated Common Spaces With A Million Dollar Rec Center: Indoor Pool, Hot Tub, Sauna, Full Gym, Guest Suites, Library, Billiards, Bbq Area, Party Room & Outdoor Tennis Court!!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-07-12 2023-07-14 2 $699,900 $750,000 Sold
2020-08-17 2020-09-14 28 $639,000 $629,000 Sold
Extras
Fridge, Stove, Dishwasher, Stacked Washer & Dryer, All Elf's, All Window Coverings, 1 Parking Included, Beautifully Reno's Common Areas, Front Entrance & Hallways. Steps Away From Transit, Shopping, Hillcrest Mall, Parks & No Frills!!
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$2,194 (2018)
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 (B-125)
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingFlat11.32' x 19.52'Broadloom, W/O To Balcony, Se View
DiningFlat8.27' x 9.68'Parquet Floor, Combined W/Living
KitchenFlat7.48' x 9.84'Ceramic Floor, B/I Dishwasher, Window
MasterFlat19.23' x 10.56'Broadloom, W/I Closet, Ensuite Bath
2nd BrFlat9.51' x 11.58'Broadloom, 4 Pc Bath, Window
LaundryFlat6.76' x 5.31'Walk-Thru, Sliding Doors
Richmond Hill Market Statistics
Richmond Hill Price Trend
100 Observatory Lane 412 is a 2-bedroom 2-bathroom condo listed for sale at $518,000, which is $210,148 (28.9%) lower than the average sold price of $728,148 in the last 30 days (February 28 - March 28). During the last 30 days the average sold price for a 2 bedroom condo in Richmond Hill declined by $30,948 (4.1%) compared to the previous 30 day period (January 29 - February 27) and up $14,098 (2.0%) from the same time one year ago.
Inventory Change
There were 66 2-bedroom condos listed in Richmond Hill over the last 30 days (February 28 - March 28), which is up 32.0% compared with the previous 30 day period (January 29 - February 27) and up 100.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Richmond Hill typically sold ($17,544) (2.4%) below asking price over the last 30 days (February 28 - March 28), which represents a $1,245 increase compared to the previous 30 day period (January 29 - February 27) and ($15,039) 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 (February 28 - March 28) stood at 40.9%, down from 56.0% over the previous 30 days (January 29 - February 27) and down from 84.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Richmond Hill stood at 42 days when successfully sold over the last 30 days (February 28 - March 28), compared to 67 days before being removed from the market upon being suspended or terminated.
Listing contracted with Forest Hill Real Estate Inc., Brokerage
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