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    1502 - 100 Observatory Lane

    $698,0002 bds2 ba1 pk1,100 sqft
    20 Days on Strata
    Est Sell Timeframe:
    13 Days
    $698,000
    2 Beds
    2 Bath
    1 Parking
    1,100 SQFT

    Listing History


    Details

    Property Type:

    Condo

    Maintenance Fees:

    $927/mth

    Taxes:

    $2,360 (2025)

    Cost Per Sqft:

    $635/sqft

    Outdoor Space:

    Terrace

    Locker:

    None

    Exposure:

    South East

    Possession Date:

    T . b . a .

    Laundry:

    Main

    Amenities

    Visitor Parking
    Car Wash
    Party Room
    Tennis Court
    Guest Suites
    Indoor Parking
    Games Room
    Rec Room
    Media Room
    Security System
    Indoor Pool
    Lap Pool
    Gym
    Concierge
    Sauna

    About this Listing

    Location Location Location. Close to Yonge and 16th Ave. South-East Unobstructed View Overlooking The Heart Of Richmond Hill! This spacious 2 Bedroom 2 Bathroom Unit Via A Terrace Featuring A Master Bdrm Equipped With A Walk-In Closet And Ensuite 4 Piece Washroom. +1100Sq Ft Including All Utilities Within The Maintenance Fee, Ample storage is a highlight, with shelves integrated into the laundry room, ensuring a clutter-free living environment. Constructed by the esteemed builder Tridel, the building offers an array of top-notch amenities designed to enhance your lifestyle. Enjoy the luxury of an indoor pool, hot tub, and sauna, or maintain your fitness routine in the well-equipped gym. This condominium is equipped with smart plus cellphone video and image monitoring opening door app system with high security system. For leisure, the building provides a billiards room, library, party room, outdoor BBQ and tennis court. Visitor parking is plentiful as available visitors accommodations. Electrical car charger available. The inclusion of Rogers Cable and WiFi ensures you remain connected. The location is unparalleled, just minutes from Hillcrest Mall, diverse shopping options, a variety of restaurants, grocery stores, and convenient public transit access. Ready to show and sell, this apartment represents a fantastic opportunity to own a spacious, light-filled home in a prime location. Schedule your visit today to see all that this exceptional property has to offer! Also enjoy the virtual tour.

    ExtrasStainless Steel fridge, and stove, built-In dishwasher, all window treatments, all electric Light fixtures, stackable washer/dryer, 1Parking Space

    vip bay realty inc.MLS® #N12049095

    Fees & Utilities

    Maintenance Fees

    Included in Fees
    Hydro
    Heat
    Water
    Parking
    Building Maintenance
    Building Insurance
    Not Included
    Air Conditioning

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    No Data

    Heating

    Forced Air

    Room Dimensions

    Living

    Laminate, Combined with Dining, Walkout To Balcony

    19.88 x 11.48ft

    Dining

    Laminate, Combined with Living, L-Shaped Room

    7.94 x 9.09ft

    Kitchen

    Granite Counter, Stainless Steel Appliances, Open Concept

    9.19 x 7.58ft

    Primary

    Laminate, 4 Piece Ensuite, Walk-in Closet

    13.48 x 12.8ft

    2nd Bedroom

    Laminate, Se View, Closet

    11.88 x 9.38ft

    Buyer's Market
    Balanced
    Seller's Market

    Similar Listings

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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!'

    Mortgage Calculator


    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%


    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
    LOW
    chance 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 again

    Property 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 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo DataNo Data$650,000$715,000 - $789,000$839,000No Data
    Avg. Cost Per SqftNo DataNo Data$663$626$614No Data
    Avg. Wait for Unit Availability335 Days266 Days77 Days62 Days922 Days314 Days
    Ratio of Units in Building3%13%35%38%8%6%

    Market Inventory

    Total number of units listed and sold in Observatory | Harding


    The information on this website is taken from sources deemed reliable. However, the accuracy cannot be guaranteed and it is the responsibility of the website user to personally verify all information. The property information herein is derived from various sources that may include, but are not limited to, municipal records and the Multiple Listing Service, and may include approximations.

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