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    1405 - 100 Observatory Lane

    For SaleObservatory Lane Condo
    $788,000
    2 Beds + 1
    2 Bath
    2 Parking
    1,200 SQFT
    2 Days on Strata
    Est Sell Timeframe
    8 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Cost Per Sqft:
    $657/sqft
    Maintenance Fees:
    $1,100/mth
    Taxes:
    $2,634 (2023)
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    West
    Possession Date:
    Flexible
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Forced Air
    Ensuite Laundry
    No

    Room Dimensions

    Kitchen
    Hardwood Floor, Breakfast Bar, Modern Kitchen
    14.4 x 8.14ft
    Dining
    Hardwood Floor, Open Concept
    8.56 x 15.88ft
    Living
    Hardwood Floor, Combined with Solarium
    24.64 x 10.56ft

    About this Listing

    STUNNING, RENOVATED WELL MAINTAINED LUXURY CONDO IN THE HEART OF RICHMOND HILL, APPX 1200 SQ, WITH 2 PARKING SPOTS, MODERN CLASSIC KITCHEN, MARBLE BACKSPLASH, QUARTZ TILES, ENGINEERED HARDWOOD FLOOR, ENJOY LUXURY CONDO LIVING WITH INDOOR POOL, GYM, PARTY AND MEETING ROOM, STUDY ROOM/ LIBRARY, TENNIS COURT, SAUNA, GAMES ROOM, BILLIARDS, AND GUEST SUITES. BALCONY W/ GREAT UNOBSTRUCTED VIEW. EASY ACCESS TO HOSPITAL, POLICE STATION, PUBLIC TRANSIT, REC CENTRE, RICHMOND HILL LIBRARY, T& T MARKET, MANY RESTAURANTS AND NIGHTLIFE VENUES, WALKING DISTANCE TO HILLCREST MALL, TRANSIT AT DOORSTEPS, WALKING TRAILS AND PARKS NEARBY.

    ExtrasSTAINLESS STEEL FRIDGE, STOVE, B/I DISHWASHER, GLASS STAINLESS STELL RANGE HOOD, ELECTRICAL LIGHT FIXTURES, STACKED WASHER AND DRYER, FABULOUS AMENITIES AND LARGE BALCONY.

    re/max hallmark realty ltd.MLS® #N8303630


    Amenities

    Media Room
    Car Wash
    Guest Suites
    Concierge
    Games Room
    Lap Pool

    Nearby Amenities

    7/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    5/10
    Transit
    It's a dice roll — but hey, sometimes you roll a six!
    5/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    7,473
    Average Individual Income
    $83,167
    Average Household Size
    3 persons
    Average Age
    47
    Average Household Income
    $143,068
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    77%
    Semi Detached
    15%
    Low Rise Apartment
    4%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    81%
    Cantonese
    7%
    Mandarin
    6%
    Other
    6%
    Education
    High School
    28%
    University and Above
    26%
    College
    20%
    None
    16%
    Apprenticeship
    5%
    University Below Batchelor
    1%
    Major Field of Study
    Architecture & Engineering
    19%
    Business Management
    18%
    Social Sciences
    13%
    Health & Related Fields
    12%
    Personal, Protective & Transportation Services
    8%
    Math & Computer Sciences
    6%
    Humanities
    5%
    Education
    5%
    Physical Sciences
    4%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Days on Strata

    Units at Observatory Lane Condo spend an average of
    17
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    14
    YEARS before being sold again

    Property Value

    4%
    Increase in property value within the past twelve months

    Price Ranking

    8th
    Highest price per SQFT out of 13 condos in the Observatory | Harding area

    Sold Units

    12
    Units were Sold over the past twelve months

    Rented Units

    5
    Units were Rented over the past twelve months

    Best Value Rank

    Observatory Lane Condo offers the
    ?
    best value out of 13 condos in the Observatory | Harding neighbourhood

    Appreciation Rank

    Observatory Lane Condo has the
    ?
    highest ROI out of 13 condos in the Observatory | Harding neighbourhood

    Rental Yield

    Observatory Lane Condo yields the
    ?
    highest rent prices out of 13 condos in the Observatory | Harding neighbourhood

    High Demand

    Observatory Lane Condo is the
    ?
    most popular building out of 13 condos in the Observatory | Harding neighbourhood

    Transaction Insights at 100 Observatory Lane

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$625,000 - $630,000$750,000 - $813,000$715,000 - $735,000$920,000$910,000
    Avg. Cost Per SqftNo Data$710$663$613$550$629
    Avg. Wait for Unit Availability335 Days266 Days73 Days63 Days1286 Days314 Days
    Ratio of Units in Building4%14%36%36%7%7%

    Maintenance Fees

    Observatory Lane Condo vs The Observatory | Harding Area

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