100 Observatory Lane

Anyone who’s seeking a Richmond Hill condo for sale should consider Observatory Lane Condo at 100 Observatory Lane. Ainsdale Developments Limited completed this building back in 1987, but unlike other buildings of that age, maintenance fees are on the higher end at $0.86 per-square-foot. The 16-storey building is home to 201 suites with units ranging between 799 and 1499 square feet.

This condo has a high demand ranking per Strata.ca analytics and a Walk Score of 77. Maintenance fees at 100 Observatory Lane are $0.86 per-square-foot, which is on the higher end compared to the average of about $0.67, however the maintenance fees do include all utilities (usually at least hydro is separate).

On average, units at 100 Observatory Lane sell -1.26% below the list price, and units have a medium chance of receiving multiple offers (aka a “bidding war”). The average cost per-square-foot in the condo (based on past 12 months of sales) is $598 and units sell with 19 days on market on average. Over the past 12 months, 12 have sold and 3 have have been rented here.

Residents can enjoy several great restaurants in the area. Some popular places nearby include Pizza Pizza, Pho Tai Bac and Sansotei Ramen. With cafes such as McDonald's, Teaopia and Bake Code only a short 14-minute walk away, grabbing a coffee while living at Observatory Lane Condo is a breeze.

Residents here can stop by National Bank and CIBC Branch with ATM on their way home from work, so they can take care of their financial needs.

Getting some fresh air is a breeze when you live at 100 Observatory Lane because excellent green spaces like Bridgeview Cordone Park, Bridgeview Park and Baif Park are walkable in under 12 minutes.

Like to shop? Everything you need is close by when you live at 100 Observatory Lane, including Observatory Place Plaza, South Hill Shopping Centre and Richmond Centre which are only 12 away.

If you’re tired of the usual neighbourhood attractions, then perhaps having Baadeh art shop, Ray's Picture Frames and Art Centre Inc. and SatisfiedNerve less than a 4-minute drive away will give you a lift.

There are plenty of nearby school choices — Discovery Academy Private School, St. Anne Catholic Elementary School and Red Maple Public School — with more in neighbouring areas so you can find the best school for your child’s needs. 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 Alexander Mackenzie High School.

Transit users will need to trek a bit to Yonge St. @ Weldrick Rd. E., the nearest light transit stop. Finch Station is about a 25-minute drive from the building.

In the event that you can’t land a unit in this building, there are some similar condos within walking distance at 33 Weldrick Road, 9471 Yonge Street and 5 Weldrick Road W.