Saved Properties
    Saved Searches
            Recently viewed properties
              For Sale 5 Days On Site

              #234 23 Observatory Lane

              near Yonge / 16th
              $799,000 3+0bdr • 4ba • 1kit • 1600-1799sf
              Average Income
              $33,621
              Population Age
              41 y/old
              School Score
              8.63/10
              Price Index Change 1y
              +27.74%
              Price Index Change 3y
              +27.07%
              Rent Index Change 1y
              -0.04%
              Rent Index Change 3y
              +15.66%

              Condo Townhouse • 3-Storey #234

              #234 23 Observatory Lane, Observatory, Richmond Hill
              • Rooms and Bathrooms 3+0 bedr, 4 bath
              • Kitchens 1
              • area 1600-1799
              • garage 1.0 Built-In
              • exposure Ns
              • age n/a
              • locker None
              • possession

                Tba

              $799,000

              $3,586.00
              Tax yr: 2020

              $382.01/m

              CALCULATED NUMBERS:

              $2998.00

              calculator

              $2797

              n/a

              70 Very Walkable

              52 Good Transit

              52 Bikeable

              8.63/10

              Location Details
              • York

              • Richmond Hill

              • Observatory

              • Yonge / 16th

              • L4C0M7

              Listing Details Provided By
              Property Details Provided By Toronto Real Estate Board
              Listing Brokerage

              RE/MAX HALLMARK REALTY LTD., BROKERAGE

              Property Overview
              Rarely Found 3 Bedrooms With Ensuite Bathrooms, Awaiting For The Next Owner! Prime Location! Yonge And 16th! Practical Layout With No Waste Space! New Laminate Floor Main & 2nd. Pot Lights! 9' Ceiling! Newer Roof (2016), Steps To Yonge St, Public Transit, Hillcrest Mall, Grocery Stores. Minutes To Hwy 7 And 407, Schools, Community Center, Richmond Hill Center, Kids Friendly Community. Freshly Painted, Ready To Move In!
              Extras: Fridge, Brand New Stove & Microwave Fanhd, S/S Built-In Dishwshr,Side By Side Washr/Dryr, All Elfs, Windw Covrngs,Cvac, Gdo,Furnace & Ac,New Light Fixtrs.M.Fee Incld Water, Bldg Ins,Garbage & Snow Removal,Landscaping &Fall Leaf Cleanup.
              Video tour available. Click to watch.
              Rooms details
              Living
              • Main Level
              • Hardwood Floor
              • Pot Lights
              • Combined W/Dining
              • Size 6.17x3.39
              Dining
              • Main Level
              • Hardwood Floor
              • Pot Lights
              • Size 6.17x3.36
              Kitchen
              • Main Level
              • Quartz Counter
              • Pot Lights
              • Stainless Steel Appl
              • Size 3.48x2.91
              Breakfast
              • Main Level
              • W/O To Balcony
              • Pot Lights
              • Combined W/Kitchen
              • Size 3.48x2.56
              Master
              • 3rd Level
              • W/I Closet
              • Window
              • 4 Pc Ensuite
              • Size 5.36x4.33
              2nd Br
              • 2nd Level
              • Laminate
              • W/I Closet
              • 4 Pc Ensuite
              • Size 4.30x4.12
              3rd Br
              • 2nd Level
              • Laminate
              • Closet
              • 4 Pc Ensuite
              • Size 4.30x3.26
              Basement
              • Part Bsmt
              • W/O
              Are you pre-approved for a mortgage?
              Get mortgage pre-approved
              Take a step forward

              Guarantee your financing without committing to a loan. Place yourself in an ideal position to negotiate for and buy a home.

              Get pre-approved
              • Listing added to site: 2020-11-20 18:32:09
              • Last updated: 2020-11-21 00:28:57
              • Photos updated: 2020-11-20
              • Contract date: 0000-00-00
              • Input date: 0000-00-00
              • Expiry date: 0000-00-00
              • Closed date: 0000-00-00
              • Condition expiry date: 0000-00-00
              • Extension entry date: 0000-00-00
              • Sold date: 0000-00-00
              • Suspended date: 0000-00-00
              • Terminated date: 0000-00-00
              • Unavailable date: 0000-00-00
              • Condition:
              Have questions?

              Do you have a question about 23 Observatory Lane?

              Ask Agent, or Book a Showing if you want to visit this property.

              Create New Listings Alert

              Looking for a similar property nearby? Create a Search Alert and receive new listings to your mailbox.

              Continue

              More Options

              Travel Times, Streetview, Walkscore
              Listing Overview

              General:

              234 23 Observatory Lane is a condo townhouse 3-storey, located in Observatory of city of Richmond Hill, York region, near Yonge / 16th, and has been available for sale on CondosDirect since 2020-11-20. This unit is located at level 1 of the building and has exposure of Observatory Lane. Condo registry office is YRCC, corporation number 978.

              Lot Size and Living Area:

              234 23 Observatory Lane has 7+0 rooms in total, including 3+0 bedroms, 4 baths and 1 kitchen. Please find this condo rooms details on this page above.
              Living areae of this condo unit is within the range of 1600-1799 square feet above the ground plus part bsmt basement.
              1.0 parking space(s) are owned and located private at level . An ensuite laundry is available at the unit. Basement features: part bsmt and w/o.

              Heating and Cooling:

              The condo heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.

              Listing Features:


              AIDA has also identified the following listing features: Income Potential, Separate Entrance, Modern/Renovated/Well Maintained, Move In Condition, Landscaping.

              Price & Cost Overview

              General:

              234 23 Observatory Lane condo townhouse is listed for $799,000. Property tax for year 2020 was $3,586. And the monthly maintenance fee was $382.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $2,998, and total expenses, including the mortgage, property tax and maintenance, fee around $3,329, assuming $799,000 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
              Use our Mortgage and Investment Calculator, customized especially for 234 23 Observatory Lane, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

              Location Overview

              General:

              Observatory, where 23 Observatory Lane is located, has $812,966 Home Price Index, and $2,230 Home Rent Index. Average household income at dissemination area of 23 Observatory Lane is $33,621, and average polulation age is 41 years old.
              Average Home Price Index among 17 evaluated neighborhoods in city of Richmond Hill is $1,153,697, and average Home Rent Index $2,597.

              Similar Properties & Community Details:

              There are similar to 234 23 Observatory Lane 3 bedr condo townhouse condos listed For Sale and For Rent in city of Richmond Hill.
              Learn about the prices of Recently Sold Condos and Recently Rented Condos near 23 Observatory Lane.
              You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Observatory neighborhood in city of Richmond Hill.

              Schools:

              There are at least 3 school(s) located near 23 Observatory Lane, or schools, which boundaries this address belongs to with an average School Score 8.63 out of 10. Here are more details about these schools:
              1. Sixteenth Avenue Public School, Public, Elementary, ranked as Excellent.
              2. Doncres Public School / Adrienne Clarkson Public School FI, Public, Elementary, ranked as Excellent.
              3. Alexander Mackenzie H.S., Public, Secondary, ranked as Excellent.
              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Walkscore, Transitscore, and Bikescore:

              With Walkscore, Transitscore, and Bikescore of 70, 52, and 52 accordingly, location of 23 Observatory Lane overall can be described as Very Walkable, Good Transit, and Bikeable.

              234 23 Observatory Lane Listings History Powered by AIDA
              Observatory, Richmond Hill Sales & Rent History Powered by AIDA
              Disclaimer

              All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

              City of Richmond Hill Condos MOI (Months of Inventory)
              Last month sales statistics:
              It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (101 days).
              Sellers are not likely to negotiate the price, but it is easier to sell your own property.
              Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
              How often similar homes sell?
              You may expect 2 to 3 properties like that to be sold in Observatory during the next 30 days.
              Seasonal sales fluctuation is showing 7% inventory increase comparing to the average annual number, which is equvalent to 2.5 properties sold per month, and 15% increase comparing to the last six months.
              How soon can it be sold?
              This property has been on the market for 5 days, which is 17 days less than the recent sales average and can be considered as a relatively new listing that can be sold at any time if the price is right.
              Seasonal sales fluctuation is showing 9% D.O.M. increase comparing to the average annual number, which is equvalent to 20 D.O.M., and 18% increase comparing to the last six months indicating slightly declining demand for this type of property within this price range.
              At what price can it be sold?
              Similar properties currently sell at 2.62% below its asking price in Observatory.
              The selling to asking price ratio is declining in Observatory.
              This property has not been on the market for long enough yet to guess if it can be sold above the asking price, but it can get sold in the nearest future if the price is right.
              234 23 Observatory Lane Investor's Outlook Powered by AIDA

              Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Observatory, Richmond Hill, to the City of Richmond Hill for the projects listed on our site.

              Comparative analysis of location's Walkscore, Transitscore, Bikescore and Schoolscore.

              Price Index 1y

              Price Index change was +27.74% comparig to the City of Richmond Hill average of +14.61%

              Price Index 3y

              Price Index change was +27.07% comparig to the City of Richmond Hill average of +4.82%

              Rent Index 1y

              Rent Index change was -0.04% comparig to the City of Richmond Hill average of +7.26%

              Rent Index 3y

              Rent Index change was +27.07% comparig to the City of Richmond Hill average of +4.82%

              Walkscore

              Walkscore 70 out of 100 means Very Walkable

              Transitscore

              Transitscore 52 out of 100 means Good Transit

              Bikescore

              No sufficient data available

              Schoolscore

              Schoolscore is 8.63 out of maximum 10 points

              Mortgage & Payments

              Calculate your Mortgage Payments, Total monthly payments including Property tax and Condo Fee (where available), Mortgage Amortization, and Investment forecast with our Investment Simulator Tool.

              Mortgage & Payments Calculator
              Property Financing Details
              Land Transfer Tax & Closing Expenses
              Downpayment Details
              Use in monthly payment calculation:
              Mortgage & Financing Details

              Assuming Fixed Rate, Monthly Payments

              (Mortg interest rate. Ex: 3.0)

              (Mortgage duration Ex: 25)

              (Borrowing rate Ex: 3.5)

              Save mortgage settings to your profile for automated mortgage calculation on all listings. Account login required.

              Mortgage & Payments Summary

              Schools and Ratings

              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Demographics & Housing Statistics

              Price +$120100
              $820,000
              3br 3ba 1600-1799sf

              Prop Tax

              $3,565

              Condo Fee

              $339

              Exposure

              W

              Mortg/m

              $ calculator

              WalkScore

              56

              Compare$665,313

              $12,400 Cashback
              $828,888
              3br 3ba 1600-1799sf

              Prop Tax

              $3,663

              Condo Fee

              $382

              Exposure

              Ns

              Mortg/m

              $ calculator

              WalkScore

              70

              Compare n/a

              $11,200 Cashback
              $749,000
              3br 2ba 1200-1399sf

              Prop Tax

              $n/a

              Condo Fee

              $251

              Exposure

              Ew

              Mortg/m

              $ calculator

              WalkScore

              27

              Compare n/a

              Price -$50000
              $825,000
              3br 3ba 2500-2749sf

              Prop Tax

              $3,748

              Condo Fee

              $690

              Exposure

              Ew

              Mortg/m

              $ calculator

              WalkScore

              64

              Compare n/a

              Sold Cnd
              $918,000
              3br 3ba 1400-1599sf

              Prop Tax

              $n/a

              Condo Fee

              $285

              Exposure

              S

              Mortg/m

              $ calculator

              WalkScore

              27

              Compare n/a

              Price -$10900
              $749,000
              3br 2ba 1200-1399sf

              Prop Tax

              $n/a

              Condo Fee

              $251

              Exposure

              Ew

              Mortg/m

              $ calculator

              WalkScore

              27

              Compare n/a

              $13,300 Cashback
              $888,000
              3br 2ba 1200-1399sf

              Prop Tax

              $n/a

              Condo Fee

              $n/a

              Exposure

              S

              Mortg/m

              $ calculator

              WalkScore

              27

              Compare n/a

              $14,100 Cashback
              $938,000
              3br 3ba 1400-1599sf

              Prop Tax

              $n/a

              Condo Fee

              $n/a

              Exposure

              S

              Mortg/m

              $ calculator

              WalkScore

              27

              Compare n/a

              Price -$34100
              $784,900
              3br 2ba 1200-1399sf

              Prop Tax

              $n/a

              Condo Fee

              $257

              Exposure

              E

              Mortg/m

              $ calculator

              WalkScore

              27

              Compare n/a

              $11,200 Cashback
              $749,000
              3br 2ba 1200-1399sf

              Prop Tax

              $n/a

              Condo Fee

              $251

              Exposure

              Ew

              Mortg/m

              $ calculator

              WalkScore

              27

              Compare n/a