$579,000
For sale: Apartment

Spacious and bright two bedroom suite in one of Richmond Hill's most desirable buildings. Almost 1200 st ft of living space, perfect for the smart sizer. Tastefully renovated and immaculately kept, pride of ownership is evident. Great amenities, well managed building, steps to transit, shopping, and all amenities. Minutes to highways and Hillcrest Mall. Includes 2 parking spots. Ample visitor parking under ground and on main floor.
Sold data
Apartment homes in Richmond Hill (Observatory) took a median of 34 days to sell over the last 90 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 64, across 104 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 68 days.
The median sale price was $539,000.
Homes sold for about 4.2% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 15% of sellers reduced their price before finding a buyer.
Based on 104 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Richmond Hill (Observatory) has 43 Fraser Institute–rated schools (35 elementary and 8 secondary), averaging 7.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
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