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280 - 23 Observatory Lane

Observatory | Harding, Richmond Hill

For Sale23 Observatory Lane Condos

$1,088,800

3 Beds

3 Bath

2 Parking

1,600 - 1,799 SQFT

32 Days on Strata

Est Sell Timeframe

9 Days

Listing History

Unit Highlights

Property Type:

Condo

Cost Per Sqft:

$605 - $681/sqft

Maintenance Fees:

$325/mth

Taxes:

$4,003 (2023)

Locker:

Ensuite

Outdoor Space:

Balcony

Exposure:

East

Possession Date:

Flexible

Buyer's Market

Balanced

Seller's Market

Maintenance Fees

Included

Water

Parking

Building Maintenance

Building Insurance

Excluded

Hydro

Heat

Air Conditioning

Unit Details

Air Conditioning: Central Air
Heat Source: Gas
Heating: Forced Air
Ensuite Laundry: Yes

Room Dimensions

Living

Large Window, Hardwood Floor, Combined with Workshop

24.38 x 13.62ft

Dining

Combined with Living, Open Concept, Large Window

24.38 x 13.62ft

Kitchen

Modern Kitchen, Breakfast Area, O/Looks Park

12.7 x 11.48ft

About this Listing

Don't Miss An Incredible Opportunity To Live In The Highly Desirable Observatory Community! Gorgeous 3 Bedroom 3 Bathroom RARELY Offered Corner Townhome In An Exclusive Richmond Hill Community. A Bright And Spacious Townhouse Offering A Large Open Concept Living Space, Modern and Upgraded Kitchen With Lots of Light And A Breakfast Area With A Walkout Balcony That Provides Amazing Park And Greenery Views. Hardwood Floors And Oak Staircases, 9 FT Ceiling, Walkout Ground Level Basement Facing The Park. Quiet Family Friendly Neighbourhood And An Excellent School District. Steps to Viva, Hillcrest Mall, Plaza, Community Center & More. Close to Future Subway Extension Line, High Ranking Schools And Private Schools.

ExtrasSee attached File For Full List Of Renovations & Upgrades.

royal team realty inc.MLS® #N8244588

Amenities

Indoor Parking

BBQ

Visitor Parking

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!

4/10

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

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

Duplex

Marital Status

Commute

Languages (Primary Language)

English

81%

Cantonese

Mandarin

Other

Education

High School

28%

University and Above

26%

College

20%

None

16%

Apprenticeship

University Below Batchelor

Major Field of Study

Architecture & Engineering

19%

Business Management

18%

Social Sciences

13%

Health & Related Fields

12%

Personal, Protective & Transportation Services

Math & Computer Sciences

Humanities

Education

Physical Sciences

Visual & Performing Arts

Agriculture & Natural Resources

Price Trends

Building Trends At 23 Observatory Lane Condos

Days on Strata

Units at 23 Observatory Lane Condos spend an average of

Days on Strata

based on recent sales

List vs Selling Price

On average, these condos sell for

above

the list price.

Offer Competition

Condos in this building have a

HIGH

chance of receiving

Multiple Offers

Turnover of Units

On average, each unit is owned for

4.1

YEARS before being sold again

Property Value

18%

Increase in property value within the past twelve months

Price Ranking

4th

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

Sold Units

Units were Sold over the past twelve months

Rented Units

Units were Rented over the past twelve months

Best Value Rank

23 Observatory Lane Condos offers the

best value out of 13 condos in the Observatory | Harding neighbourhood

Appreciation Rank

23 Observatory Lane Condos has the

highest ROI out of 13 condos in the Observatory | Harding neighbourhood

Rental Yield

23 Observatory Lane Condos yields the

highest rent prices out of 13 condos in the Observatory | Harding neighbourhood

High Demand

23 Observatory Lane Condos is the

most popular building out of 13 condos in the Observatory | Harding neighbourhood

Transaction Insights at 23 Observatory Lane

	2 Bed	2 Bed + Den	3 Bed	3 Bed + Den
Price Range	$930,000	$880,000	$1,070,000 - $1,180,500	No Data
Avg. Cost Per Sqft	$683	$623	$546	No Data
Price Range	$2,950 - $3,100	No Data	$3,000 - $3,200	No Data
Avg. Wait for Unit Availability	165 Days	2945 Days	36 Days	1020 Days
Avg. Wait for Unit Availability	690 Days	No Data	60 Days	436 Days
Ratio of Units in Building	15%	2%	81%	4%

280 - 23 Observatory Lane

Listing History

Unit Highlights

Maintenance Fees

Unit Details

Room Dimensions

About this Listing

Amenities

Nearby Amenities

Demographics

Price Trends

Building Trends At 23 Observatory Lane Condos

Days on Strata

List vs Selling Price

Offer Competition

Turnover of Units

Property Value

Price Ranking

Sold Units

Rented Units

Best Value Rank

Appreciation Rank

Rental Yield

High Demand

Transaction Insights at 23 Observatory Lane

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