Maintenance Fees
Observatory Lane Condo vs The Observatory | Harding Area
312 - 100 Observatory Lane
$649,0002 bds2 ba1 pk1,002 sqft
For SaleObservatory Lane Condo
49 Days on Strata
$649,000
2 Beds
2 Bath
1 Parking
1,002 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$927/mth
Taxes:
$2,360 (2024)
Cost Per Sqft:
$648/sqft
Outdoor Space:
Balcony
Locker:
None
Exposure:
South East
Possession Date:
Immediately
Amenities
Indoor Pool
Visitor Parking
Lap Pool
Car Wash
Concierge
Games Room
Security System
Party Room
Gym
Sauna
Rec Room
Guest Suites
Tennis Court
Media Room
Indoor Parking
About this Listing
Fantastic Opportunity To Own A 2 Bed, 2 Bath, Condo In Richmond Hill. This Spacious 1,002 Sq Ft Unit Includes 1 Underground Parking Space And Has Been Freshly Painted Throughout. The Floor Plan Has Been Thoughtfully Laid Out With The Bedrooms On Opposite Ends To Provide Privacy. The Primary Bedroom Features A Large Walk-in Closet and 4 Pc Ensuite. The Living Space Has Plenty Of Room For A Dining Set, Sitting Room And Desk As Well As Access To The Balcony With South East Views. Enjoy The Convenience Of Ensuite Laundry With A Combined Storage Space Directly In The Unit! The Maintenance Fees Include: Heat, Hydro, Water, Ignite Unlimited High-Speed Internet & TV, Indoor Pool, Hot Tub, Sauna, Gym, Billiards Room, Library, Party Room, Tennis Court & Visitor Parking!
keller williams energy real estate, brokerageMLS® #N11989804
Fees & Utilities
Maintenance Fees
Included in Fees
Hydro
Heat
Water
Parking
Building Maintenance
Building Insurance
Not Included
Air Conditioning
Utility Type
Air Conditioning
Other
Heat Source
No Data
Heating
Fan Coil
Room Dimensions
Living
19.55 x 11.75ft
Dining
8.33 x 9.42ft
Kitchen
8.99 x 7.15ft
Primary
13.06 x 10.3ft
2nd Bedroom
11.32 x 9.22ft
Buyer's Market
Balanced
Seller's Market
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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!'
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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
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%
Building Trends At Observatory Lane Condo
Days on Strata
Units at Observatory Lane Condo spend an average of
23
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
3%
below
the list price.
Offer Competition
Condos in this building have a
LOWchance of receiving
Multiple Offers
compared to other buildings in Observatory | Harding
Turnover of Units
On average, each unit is owned for
14.2
YEARS before being sold againProperty Value
-6%
Decrease in property value within the past twelve months
Price Ranking
5th
Highest price per SQFT out of 13 condos in the Observatory | Harding area
Sold Units
8
Units were Sold over the past twelve months
Rented Units
2
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
?
Market Insights
Transaction Insights at Observatory Lane Condo
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
|---|---|---|---|---|---|---|
| Price Range | No Data | No Data | $650,000 | $715,000 - $789,000 | $839,000 | No Data |
| Avg. Cost Per Sqft | No Data | No Data | $663 | $626 | $614 | No Data |
| Price Range | No Data | No Data | No Data | $3,100 - $3,450 | No Data | No Data |
| Avg. Wait for Unit Availability | 335 Days | 266 Days | 77 Days | 62 Days | 922 Days | 314 Days |
| Avg. Wait for Unit Availability | No Data | 342 Days | 248 Days | 242 Days | No Data | 735 Days |
| Ratio of Units in Building | 3% | 13% | 35% | 38% | 8% | 6% |
Market Inventory
Total number of units listed and sold in Observatory | Harding
