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    Richmond Hill / Observatory | Harding

    280 - 23 Observatory Lane

    For Sale23 Observatory Lane Condos
    $998,000
    3 Beds
    3 Bath
    2 Parking
    1,600 - 1,799 SQFT
    2 Days on Strata
    Est Sell Timeframe
    17 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $334/mth
    Taxes:
    $4,003 (2023)
    Cost Per Sqft:
    $555 - $624/sqft
    Locker:
    Ensuite
    Outdoor Space:
    Balcony
    Exposure:
    East
    Possession Date:
    Immediately
    Laundry:
    Lower
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Forced Air

    Room Dimensions

    Living
    Parquet Floor, Open Concept, Combined with Dining
    79.99 x 44.69ft
    Dining
    Parquet Floor, Large Window, Combined with Living
    79.99 x 44.69ft
    Kitchen
    Ceramic Floor, Eat-In Kitchen, O/Looks Park
    41.67 x 37.67ft

    About this Listing

    Don't Miss An Incredible Opportunity To Live In The Highly Desirable Observatory Community! Gorgeous Freshly Painted 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, Freshly Pained . Walkout Ground Level Basement Facing The Park. Quiet Family Friendly Neighborhood 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® #N10441950

    Amenities

    Visitor Parking
    Indoor Parking
    BBQs Allowed

    Explore Neighbourhood

    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!'

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    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%

    Price Trends

    Building Trends At 23 Observatory Lane Condos

    Days on Strata

    Units at 23 Observatory Lane Condos spend an average of
    9
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    4.1
    YEARS before being sold again

    Property Value

    12%
    Increase in property value within the past twelve months

    Price Ranking

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

    Sold Units

    1
    Units were Sold over the past twelve months

    Rented Units

    5
    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

    1 Bed2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$883,000No DataNo DataNo Data
    Avg. Cost Per SqftNo Data$748No DataNo DataNo Data
    Avg. Wait for Unit AvailabilityNo Data123 Days2945 Days40 Days1020 Days
    Ratio of Units in Building1%17%2%81%2%

    Transactions vs Inventory

    Total number of units listed and sold in Observatory | Harding