For Sale
Just Listed
23 Observatory Lane 204 #204
Observatory, Richmond Hill, ON
$949,000
3Bd
3Ba
1,900+sqft
2Parking
$499/sqft
Condo TownMLS# N13569744Listed 2026-07-165 DOM
Cooling
Central Air
Basement
Partially Finished
About this home
Look No Further. Ideal Townhome Nestled In The Heart Of Richmond Hill.Renovated 3 Bed, 3 Bath With Ground Floor Family Room/Office Walk Out To The Garden. The Main Level With 9 Ft Ceilings Gives Airy Atmosphere. Pot Lights, Crown Molding Ceiling Throughout Living/Dining Room. Eat-In Kitchen And Large W/O Balcony Off Breakfast Area. Good Size Bedrooms.Direct Access To Garage, Well-Maintained Complex W/Low Maintenance Fees.Enjoy The Convenience Of Location With Parks, Schools, Hillcrest Shopping Across The Street, Restaurants, Public Transit, Richmond Hill Go Station, And Highways 404 And 407
GarageRenovated
Rooms
Second Floor
| Living Room | 6.40 × 4.20 m | Open Concept Picture Window Hardwood Floor |
| Dining Room | 6.40 × 4.20 m | Combined w/Living Formal Rm Hardwood Floor |
| Kitchen | 3.70 × 3.50 m | Eat-in Kitchen Ceramic Backsplash Hardwood Floor |
| Breakfast | 3.95 × 3.00 m | Combined w/Kitchen W/O To Balcony Hardwood Floor |
Third Floor
| Primary Bedroom | 4.20 × 4.00 m | Walk-In Closet(s) 4 Pc Ensuite Hardwood Floor |
| Bedroom 2 | 3.20 × 3.05 m | Closet Window Hardwood Floor |
| Bedroom 3 | 3.15 × 3.10 m | Closet Window Hardwood Floor |
Other
| Family Room | 4.25 × 4.00 m | Separate Room W/O To Garden Laminate |
Features
- Carpet Free
- Partially Finished
- Central Air
- 3-Storey
Financials
Annual Taxes
$4,324.99
Estimated Rental Income
Entire property$3,200 – $4,200/mo
Rental yield4.0% – 5.3%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Richmond Hill
Days on market5 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%
Ownership81% own · 19% rent
EnglishMandarinCantoneseFarsiRussian
Our estimate for this home
Estimated range
$1.01M – $1.18M
Mid-point $1.10M · ~$577/sqft
How this listing compares
$1.01MList · $949K$1.18M
Low confidence·Based on 9 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.
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
71
/ 100
Walk Score
Very Walkable
62
/ 100
Transit Score
Good Transit
54
/ 100
Bike Score
Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
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.
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