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    Observatory Gate Townhomes
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    Building Details

    Property Type:
    Townhouse
    Number of Storeys:
    3
    Number of Units:
    100
    Condo Completion:
    2009
    Condo Demand:
    High
    Unit Size Range:
    1,099 - 1,899 SQFT
    Unit Availability:
    Medium

    Listing History for Observatory Gate Townhomes

    Receive listing updates for Observatory | Harding

    Amenities

    BBQs Allowed
    Indoor Parking
    Visitor Parking

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 95 Weldrick Road EObservatory Gate Townhomes

    Observatory Gate Townhomes is a Richmond Hill condo located at 95 Weldrick Road E in the Observatory | Harding neighbourhood. The condo was completed in 2009 and features 100 units over 3 storeys. Richmond Hill condo for sale here range from 1099 square feet, up to 1899 square feet.

    The Suites

    The average cost per-square-foot for a unit at 95 Weldrick Road E is $594, based on the past 12 months of sales, and these suites have a high probability of receiving multiple offers.

    Units at Observatory Gate Townhomes spend 14 days on the market on average and usually sell for 11.18% above the listing price. In the last 12 months, 2 units have rented, and 9 have sold.

    The Neighbourhood

    Those who call this condo home never have to travel far for dining out, as Haze Restaurant + Lounge - Yonge St Richmond Hill, COTOLET and Spaghetti Hut are all within 13 minutes walking distance from 95 Weldrick Road E. Get to know Observatory | Harding by exploring local cafes like BB Cafe- Richmond Hill, McDonald's and Zahide.

    There are a number of grocery stores within a short drive, including Bismillah Grocers.

    Planning for your future is easy with National Bank and Scotiabank in the area.

    Residents at this condo are also just a short drive away from green spaces such as Bridgeview Cordone Park, Bridgeview Park and Mount Pleasant Park.

    Enhance your personal style while living in the Observatory | Harding neighbourhood by visiting Richmond Centre, Observatory Place Plaza and South Hill Shopping Centre.

    If you’re tired of the usual neighbourhood attractions, then perhaps having Baadeh art shop, Ray's Picture Frames and Art Centre Inc. and SatisfiedNerve less than a 5-minute drive away will give you a lift.

    Observatory Gate Townhomes is a short drive away from Discovery Academy Private School, giving you plenty of choice for your child’s education. Families with older children will be happy to know that Richmond Hill Academy, Farvadin Tutoring | Math, Literacy, Special Education and Alexander Mackenzie High School can be reached by car in under 4 minutes.

    Transportation

    Taking public transit? The nearest light transit stop is Yonge St / Weldrick Rd. Those who live in the area can easily drive to Finch Station, just 27 minutes from the building.

    In the event that you can’t land a unit in this building, there are some similar condos within walking distance at 5 Weldrick Road W, 75 Weldrick Road E and 32 Clarissa Drive.

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    Explore Neighbourhood

    6/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    5/10
    Transit
    It's a dice roll — but hey, sometimes you roll a six!
    4/10
    Bikeability
    Your bike will know every pothole personally. It's that intimate.

    Similar condos

    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
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    18%
    35 - 49
    18%
    50 - 64
    26%
    65+
    19%
    Household Income
    $0 - $30,000
    46%
    $30,000+
    21%
    $60,000+
    14%
    $90,000+
    9%
    $125,000+
    7%
    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 Gate Townhomes spend an average of
    14
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    11%
    above
    the list price.

    Offer Competition

    Condos in this building have a
    HIGH
    chance of receiving
    Multiple Offers
    compared to other buildings in Observatory | Harding

    Turnover of Units

    On average, each unit is owned for
    7
    YEARS before being sold again

    Property Value

    3%
    Increase in property value within the past twelve months

    Price Ranking

    7th
    Highest price per SQFT out of 13 condos in the Observatory | Harding area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    2
    Units were Rented over the past twelve months

    Best Value Rank

    Observatory Gate Townhomes offers the
    ?
    best value out of 13 condos in the Observatory | Harding neighbourhood

    Appreciation Rank

    Observatory Gate Townhomes has the
    ?
    highest ROI out of 13 condos in the Observatory | Harding neighbourhood

    Rental Yield

    Observatory Gate Townhomes yields the
    ?
    highest rent prices out of 13 condos in the Observatory | Harding neighbourhood

    High Demand

    Observatory Gate Townhomes is the
    ?
    most popular building out of 13 condos in the Observatory | Harding neighbourhood

    Transaction Insights at 95 Weldrick Road E

    2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$800,000 - $835,000No Data$910,000 - $962,000No Data
    Avg. Cost Per Sqft$601No Data$562No Data
    Avg. Wait for Unit Availability415 DaysNo Data146 Days526 Days
    Ratio of Units in Building18%3%75%6%

    Unit Sales vs Inventory

    Total number of units listed and sold in Observatory | Harding