Observatory MLS Real Estate Listings observatory real estate homes houses property

 

Montreaux, European-style courtyard townhomes by Genesis Building Corporation is better known by the municipal address of 23 Observatory Lane, Richmond Hill. This complex of 297 townhouses lies at the southeast corner of Yonge Street and Observatory Lane just north of South Hill Shopping Centre and across from Hillcrest Mall. German Mills Creek and the Bridgeview-Cordone Park form the eastern boundary. Sometimes these properties are referred to as "freehold condominium townhomes" because each owner is responsible for some exterior components of the home, while enjoying reduced monthly condominium fees. Occupancy began in 1998 and this enclave has prospered ever since.

"Each home faces a courtyard which is beautifully landscaped and bisected by a tree-lined pedestrian boulevard." Georgian and Victorian details are found in each elevation. Exteriors are brick with stone and stucco accents throughout. Today, there is a more mature feeling with the trees beginning to fill out.

23 Observatory Lane Townhomes
Observatory, Richmond Hill

 

Montreaux Floor Plans range in size from 1050 square feet up to 1835 square feet. The models have either two or three bedrooms.

Model Square Feet
The Capri 1050
The Monaco (End) 1220
The Seville 1230
The Verona 1300
The Calais 1335
The Bellagio 1400
The Avalon (End) 1450
The Cortina (Loft) 1730/1750
The Chamonix (Loft) 1775
The Lucerne (Park) 1575
The Versailles (Park) 1670
The Portofino (Park) 1750
The Sienna (Park) 1835

 

23 Observatory Lane In Springtime   2013 Ice Storm
Richmond Hill, York Region   23 Observatory Lane
 

 

Townhome sales in the complex have increased in average sold price every year but one since resales began in 2000. The highest average price increase was 13% in 2013. Overall, it appears that 23 Observatory Lane is an excellent investment for home buyers and investors.

Year Units Sold Average Price % Change
2000 3 $218,000 ---
2001 13 $222,808 +2.2
2002 20 $250,103 +12.0
2003 23 $260,983 +4.3
2004 31 $275,432 +5.5
2005 24 $293,341 +6.5
2006 34 $296,559 +1.0
2007 25 $326,156 +9.9
2008 25 $322,990 -1.0
2009 26 $337,100 +4.4
2010 22 $378,922 +12.4
2011 16 $386,684 +2.1
2012 11 $400,018 +3.5
2013 20 $452,180 +13
Total 293 --- ---

Local Amenities: Hillcrest Mall, South Hill Shopping Centre, Lois Hancey Wave Pool, Mackenzie Health (hospital), Richmond Hill Central Library, Mill Pond, Elvis Stoiko Arena, Yonge Street transportation by G.O. bus or Viva to subway, parks and trails.

Townhouses Townhomes   Observatory Amenities
Observatory, Richmond Hill   Richmond Hill, York Region
 

 

For More Information On Observatory Or Other Richmond Hill Neighbourhoods observatory real estate homes houses property

 

Observatory Richmond Hill Real Estate observatory real estate mls listings property

 

23 Observatory Real Estate Property Values observatory real estate mls listings townhomes

 

Observatory MLS Real Estate Listings observatory real estate homes houses property

 

If you are interested in the final sales price for any Observatory property, please call Randy Corcoran at 905-883-8300 or e-mail me at:

wcorcoran@trebnet.com

 

 

Oh, By the Way, I am Never Too Busy To

Handle Your Referrals.

adminlistingsprivacy policycontactsite map
Century 21 Heritage Group Ltd., Brokerage, independently owned & operated
MLS®, REALTOR® and the associated logos are trademarks of The Canadian Real Estate Association
Copyright © 2002-2017. All rights reserved.
Real Estate Marketing by Lone Wolf Real Estate Technologies.
Lone Wolf Real Estate Technologies