23 Observatory Lane 230

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23 Observatory Lane 230, Richmond Hill
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3
BEDROOMS
3
BATHROOMS
1
KITCHENS
7
ROOMS
N4175663
MLSID
Contact Us
Property Description
Lovely,Bright And Spacious 3+1Bdrm Home Located In A Quiet Neighbourhood In The Heart Of Richmond Hill. Functional Layout, Open Concept Living Room, 9Ft Ceiling On Main Floor. House Recently Painted, Upgraded Kitchen Counter Top, New Roof May 2018, Immaculate Open Balcony. Steps To One Of The Busiest Malls Around-Hillcrest, Conveniently Located To Public Transit, Viva And Go Station, Restaurants, Schools And Community Centre
Listing History
List Date End Date Days Listed List Price Sold Price Status
2019-07-08 2019-08-14 37 $679,000 $672,000 Sold
2019-05-14 2019-07-08 55 $695,000 - Terminated
Extras
Included: Fridge, Stove, Dishwasher, Range Hood, Washer And Dryer, Fireplace, Central Vacuum System.For Investors Willing To Take On Tenants Current Lease.
Property Details
Community
Property Type
Condo Townhouse, 3-Storey
Approximate Sq.Ft.
1600-1799
Taxes
$3,358 (2017)
Basement
W/O
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
2
Parking 1
Owned
Garage Type
Built-In
Richmond Hill Market Statistics
Richmond Hill Price Trend
23 Observatory Lane 230 is a 3-bedroom 3-bathroom townhome listed for sale at $680,000, which is $501,149 (42.4%) lower than the average sold price of $1,181,149 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 3 bedroom townhome in Richmond Hill declined by $33,869 (2.8%) compared to the previous 30 day period (February 25 - March 25) and down $54,217 (4.4%) from the same time one year ago.
Inventory Change
There were 91 3-bedroom townhomes listed in Richmond Hill over the last 30 days (March 26 - April 24), which is up 35.8% compared with the previous 30 day period (February 25 - March 25) and up 46.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom townhomes in Richmond Hill typically sold $115,606 (9.8%) above asking price over the last 30 days (March 26 - April 24), which represents a $14,520 increase compared to the previous 30 day period (February 25 - March 25) and $173,108 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 (March 26 - April 24) stood at 48.4%, down from 64.2% over the previous 30 days (February 25 - March 25) and down from 83.9% 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 13 days when successfully sold over the last 30 days (March 26 - April 24), compared to 22 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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