23 Observatory Lane 21

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23 Observatory Lane 21, Richmond Hill
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3
BEDROOMS
3
BATHROOMS
1
KITCHENS
7
ROOMS
N4076131
MLSID
Contact Us
Property Description
Splendid 3 Bedroom Town Home Located In A Quiet And Safe Fenced Community In The Heart Of Richmond Hill. Close To Hillcrest Mall, Langstaff Go Station, Richmond Hill Centre Viva Station, T & T Supermarket, Schools, Restaurants, Hwy407 And Many More. Top Rating Schools: St.Charles Garnier & Pleasant Ville Public School, St. Therese Of Lisieux & Bayview Secondary School.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-06-28 2023-07-10 12 $899,000 $1,070,000 Sold
Extras
Fridge, Stove, B/I Dishwasher, Washer, Dryer, Gas Fireplace, All Electrical Light Fixture & Window Coverings.
Property Details
Community
Property Type
Condo Townhouse, 3-Storey
Approximate Sq.Ft.
1600-1799
Taxes
$3,306 (2017)
Basement
Part Bsmt
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Exclusive
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
KitchenMain13.68' x 11.42'Ceramic Floor, Ceramic Back Splash, Breakfast Area
BreakfastMain7.51' x 7.81'Ceramic Floor, B/I Desk, East View
LivingMain19.75' x 15.09'Combined W/Dining, Hardwood Floor, Gas Fireplace
DiningMain19.75' x 15.09'Combined W/Living, Hardwood Floor
Laundry2nd5.64' x 8.43'Ceramic Floor, Laundry Sink
2nd Br2nd16.17' x 11.84'Broadloom, W/I Closet
3rd Br2nd10.24' x 14.99'Broadloom, Closet
Master3rd20.57' x 12.34'Broadloom, His/Hers Closets, 4 Pc Ensuite
Richmond Hill Market Statistics
Richmond Hill Price Trend
23 Observatory Lane 21 is a 3-bedroom 3-bathroom townhome listed for sale at $650,000, which is $561,268 (46.3%) lower than the average sold price of $1,211,268 in the last 30 days (February 26 - March 26). During the last 30 days the average sold price for a 3 bedroom townhome in Richmond Hill increased by $8,725 (0.7%) compared to the previous 30 day period (January 27 - February 25) and up $24,092 (2.0%) from the same time one year ago.
Inventory Change
There were 68 3-bedroom townhomes listed in Richmond Hill over the last 30 days (February 26 - March 26), which is up 21.4% compared with the previous 30 day period (January 27 - February 25) and up 44.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom townhomes in Richmond Hill typically sold $97,675 (8.1%) above asking price over the last 30 days (February 26 - March 26), which represents a $38,414 increase compared to the previous 30 day period (January 27 - February 25) and $132,654 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 3-bedroom townhomes in Richmond Hill over the last 30 days (February 26 - March 26) stood at 64.7%, up from 57.1% over the previous 30 days (January 27 - February 25) and up from 51.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom townhome in Richmond Hill stood at 15 days when successfully sold over the last 30 days (February 26 - March 26), compared to 49 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Signature Realty, Brokerage
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