Skip to main
    Richmond Hill / Observatory | Harding

    81 - 23 Observatory Lane

    For Sale23 Observatory Lane Condos
    $899,000
    3 Beds
    3 Bath
    2 Parking
    1,800 - 1,999 SQFT
    6 Days on Strata
    Est Sell Timeframe
    14 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Property Type:
    Condo
    Maintenance Fees:
    $310/mth
    Taxes:
    $3,884 (2024)
    Cost Per Sqft:
    $450 - $499/sqft
    Locker:
    None
    Outdoor Space:
    Terrace
    Exposure:
    East West
    Possession Date:
    60/90days
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Forced Air

    Room Dimensions

    Living
    Combined with Dining, Walkout To Deck
    15.29 x 13.85ft
    Dining
    Combined with Living, Open Concept, Carpet
    12.27 x 6.82ft
    Kitchen
    Eat-In Kitchen, Stainless Steel Appliances
    7.87 x 11.98ft

    About this Listing

    Welcome to 23 Observatory Lane, a quaint enclave of condo townhomes located In The Heart Of Richmond Hill. Walking Distance To Everything, Hillcrest Mall, Community Centre, Library, Wave Pool, Restaurants, Supermarkets, Transit, Schools And Daycare. Mins To Go Station, 400/407/404, Hospital And Future Subway Station.

    hc realty group inc.MLS® #N12004505

    Amenities

    Visitor Parking
    BBQs Allowed
    Indoor Parking

    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!'

    Similar Listings

    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

    Maintenance Fees

    23 Observatory Lane Condos vs The Observatory | Harding Area

    Building Trends At 23 Observatory Lane Condos

    Days on Strata

    Units at 23 Observatory Lane Condos spend an average of
    11
    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
    4.2
    YEARS before being sold again

    Property Value

    -3%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 13 condos in the Observatory | Harding area

    Sold Units

    2
    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 Data$930,000No Data
    Avg. Cost Per SqftNo Data$748No Data$557No Data
    Avg. Wait for Unit AvailabilityNo Data127 Days2945 Days48 Days1020 Days
    Ratio of Units in Building1%17%2%79%4%

    Transactions vs Inventory

    Total number of units listed and sold in Observatory | Harding