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For Sale

47 Elmsley Drive

Observatory, Richmond Hill, ON
$1,495,000
4Bd
3Ba
2,750+sqft
4Parking
44.99 x 99.35 ftlot
$544/sqft
DetachedMLS# N12963268Listed 2026-04-0717 DOM
Cooling
Central Air
Basement
Unfinished

About this home

Bright and spacious 2623 sq ft detached 4 bedroom home located in prestigious Observatory community. Two car garage, private double driveway. Main floor family room with wood fireplace. Completely renovated second floor. Engineered hardwood floors (17). 2 new bathrooms, windows (14), roof (18), newer CAC. Located in a highly sought-after school district: Sixteenth Avenue Public School and Bayview Secondary School in IB program. Close to parks, observatory, shopping, transit, HWY 404/407. Wonderful opportunity in a prime Richmond Hill.

GarageRenovatedHardwoodFireplace

Rooms

Main Floor
Kitchen5.13 × 2.95 m
Living Room5.63 × 3.44 m
Dining Room4.52 × 3.56 m
Family Room5.41 × 3.68 m
Second Floor
Primary Bedroom5.45 × 5.13 m
Bedroom 25.27 × 3.68 m
Bedroom 33.89 × 3.41 m
Bedroom 43.65 × 3.61 m
Other
Foyer2.51 × 3.07 m

Features

  • Auto Garage Door Remote
  • Unfinished
  • Central Air
  • 2-Storey

Financials

Annual Taxes
$7,569.09

Estimated Rental Income

Entire property$4,000 – $6,500/mo
Rental yield3.2% – 5.2%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Richmond Hill

Days on market17 days
Buyer's MarketSeller's Market

Based on active listings in Richmond Hill. Data updates daily.

Demographics — Richmond Hill

Population
202,022
Avg Household Income
$115,000
Age Distribution
0-19
20%
20-34
17%
35-49
22%
50-64
22%
65+
19%
Ownership
81% own · 19% rent
EnglishMandarinCantoneseFarsiRussian

Our estimate for this home

Priced 22.1% below estimate
Estimated range
$1.78M$2.06M
Mid-point $1.92M · ~$698/sqft
How this listing compares
$1.78MList · $1.50M$2.06M
Medium confidence·Based on 11 observatory comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$1,495,000
47 Elmsley Drive, Richmond Hill
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