#250 - 23 Observatory Lane

2 Bed
2 Bath
5 Days
$575,000

Key Facts

Mortgage (est)
$2,006 /mo
Taxes
$2,736 /yr
Type
Townhouse
Style
2-Storey
Size
1200-1399 ft2
Lot Size
Age
11-15 years
Walkscore
79
MLS®
N3506705
Updated
May 30, 2016 8:57 am

Market View

The approximate value of a 2 bedroom 1200-1399 ft2 townhouse in the area is:
$569,250
You should visit soon.
Homes like this sell on average in 17 days. There is an 25% chance that this home will be sold within one week of listing.
Expect to bid higher.
4 out of 10 homes like this one have sold over asking.
You're unlikely to get a deal.
Only 1 in 100 homes like this sell below 93% of asking.

Full Details

Property

Status
Sale
Type
Condo Townhouse
Style
2-Storey
Size (sq ft)
1200-1399
Age
11-15

Inside

Bedrooms
2
Bathrooms
2
Rooms
5
Kitchens
1
Den/Family Room
N
Patio Terrace
Encl
Unit Exposure
Ns
Central Vac
Y
Ensuite Laundry
Y
Air Conditioning
Central Air
Fireplace
Y

Building

Garage
1.0
Lockers
None
Pets
Restrict
Stories
1
Basement
Full
Heat Source
Gas
Garage
Built-In
Heating
Forced Air
Exterior
Brick

Parking

Parking Designation
Owned
Parking Face
Private
Parking Places
1

Fees

Maintenance
205.00
Taxes
2736.00
Tax Year
2015
Taxes Included
N
Building Insurance Included
Y
Cable Included
N
Central A/C Included
N
Common Elements Included
Y
Heating Included
N
Hydro Included
N
Parking Included
Y
Water Included
Y

Land

Municipality District
Richmond Hill
Cross Street
Yonge/Weldrick

Condo

Condo Corporation
YRCC
Corporation Number
978
Property Management
Taft Property Management

Rooms

Living
Ground
15 x 16
(226 ft2)
Broadloom
Dining
Ground
8 x 14
(108 ft2)
Separate Rm
Kitchen
Ground
7 x 11
(75 ft2)
Breakfast Area
Master
2nd
12 x 16
(194 ft2)
Broadloom
2nd Br
2nd
10 x 15
(151 ft2)
Broadloom

Schools

7.5
Sixteenth Avenue
Elementary
0.96 km
7.8
Red Maple
Elementary
1.72 km
10
Hillmount
Elementary
9.32 km
7.1
Alexander MacKenzie
Secondary
1.76 km
8
Langstaff
Secondary
2.22 km
9.2
Bayview
Secondary
2.63 km
* School ratings provided by School Report Cards by the Fraser Institute (2014)

Mortgage

$800,000
$200,000
$5,000

Ask About this Home

Listed By: Homelife Landmark Realty Inc.

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23 Observatory Lane is in the city of Richmond Hill, and based in the area of Observatory. Nearby neighbourhoods include Harding, North Richvale and Langstaff. Observatory Lane has 6 homes presently on the market, while the community of Observatory has 47 homes on the market. Of the 985 total homes listed in Richmond Hill, Observatory makes up just 4.77%. Properties in Observatory are listed for an average asking price of $603,423, or an estimated monthly mortgage of $2,105.* That is less than two thirds of the average asking price of $1,174,945 in Richmond Hill. The average Observatory listed home is 1,021 sq ft, has 2 beds, and 2 baths. The area around 23 Observatory Lane has more houses for sale than apartments.

* Monthly payments are an estimate based on a mortgage with 20% down @ 2.25% with a 5-yr Variable rate

Disclaimer
$575,000 2 bedroom 2-Storey Townhouse in Observatory Richmond Hill MLS® #: N3506705