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    Richmond Hill / Observatory | Harding

    23 Observatory Lane

    23 Observatory Lane Condos
    2for Sale
    1for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    8
    Number of Units:
    150
    Condo Completion:
    2000
    Condo Demand:
    High
    Unit Size Range:
    1,199 - 2,000 SQFT
    Unit Availability:
    Low
    Property Management:
    Taft Forward Property Management Group

    Listing History for 23 Observatory Lane Condos

    Receive listing updates for Observatory | Harding

    Amenities

    Visitor Parking
    Indoor Parking
    BBQs Allowed

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 23 Observatory Lane — 23 Observatory Lane Condos

    23 Observatory Lane Condos is a Richmond Hill condo located at 23 Observatory Lane in the Observatory | Harding neighbourhood. The condo was completed in 2000 and features 150 units over 8 storeys. Richmond Hill condo for sale here range from 1199 square feet, up to 2000 square feet.

    This condo has a high demand ranking per Strata.ca analytics and a Walk Score of 79.

    The Neighbourhood

    Those who call this condo home never have to travel far for dining out, as Choice Of The Orient Restaurant, Pizza Pizza and Pho Tai Bac are all within 4 minutes walking distance from 23 Observatory Lane. You’ll only have to walk 10 minutes to pick-up a coffee before heading out for your day at McDonald's, Teaopia and Bake Code.

    23 Observatory Lane Condos is a great choice for residents who are money conscious — with banks like CIBC Branch with ATM and Scotiabank nearby.

    Having Bridgeview Cordone Park, Bridgeview Park and Baif Park within 10 minutes walking distance is invaluable, considering easy access to green spaces can dramatically improve your quality of life.

    Like to shop? Everything you need is close by when you live at 23 Observatory Lane, including Observatory Place Plaza, South Hill Shopping Centre and Santa'Ville which are only 9 away.

    When the weekend rolls around, Baadeh art shop, Ray's Picture Frames and Art Centre Inc. and SatisfiedNerve are within a short 4-minute drive away. SilverCity Richmond Hill Cinemas is just a short drive away for movie nights.

    23 Observatory Lane Condos is a short drive away from Discovery Academy Private School, Red Maple Public School and St. Anne Catholic Elementary School, giving you plenty of choice for your child’s education. If you're open to commuting, a quick transit ride offers even more options, including Richmond Hill Academy, Farvadin Tutoring | Math, Literacy, Special Education and Kia.

    Transportation

    Transit users will need to trek a bit to Yonge St. @ Weldrick Rd. E., the nearest light transit stop. Those who live in the area can easily drive to Finch Station, just 24 minutes from the building.

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    2

    Listings For Sale

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    1

    Listings For Rent

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    Explore Observatory | Harding

    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 condos

    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

    Building Trends At 23 Observatory Lane Condos

    Days on Strata

    Units at 23 Observatory Lane Condos spend an average of
    9
    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
    4.1
    YEARS before being sold again

    Property Value

    12%
    Increase in property value within the past twelve months

    Price Ranking

    N/A
    Highest price per SQFT out of 13 condos in the Observatory | Harding area

    Sold Units

    1
    Units were Sold over the past twelve months

    Rented Units

    4
    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 DataNo DataNo Data
    Avg. Cost Per SqftNo Data$748No DataNo DataNo Data
    Avg. Wait for Unit AvailabilityNo Data123 Days2945 Days40 Days1020 Days
    Ratio of Units in Building1%17%2%81%2%

    Unit Sales vs Inventory

    Total number of units listed and sold in Observatory | Harding