100 Observatory Lane, Unit 502, Richmond Hill, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Observatory. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $639,998 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 1000-1199 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free, Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
The Observatory Condo - Spacious 2-Bedroom Suite in a Prime Richmond Hill LocationWelcome to this bright and beautifully maintained two-bedroom residence located inthe heart of Richmond Hill, just steps from Hillcrest Mall, public transit, parks,grocery stores, and a variety of restaurants. The thoughtfully designed layoutfeatures a walk-out to a private balcony, ample storage throughout, and a largeprimary bedroom complete with a walk-in closet and a four-piece ensuite bath.Situated in a highly sought-after Tridel-built community, residents enjoy animpressive selection of amenities including an indoor pool, sauna, hot tub, fullyequipped fitness center, tennis court, guest suite, library, party and meetingroom, and games room. This suite includes a fridge, stove, built-in dishwasher,washer and dryer, all existing light fixtures, and electronic window coverings, aswell as parking and a locker. Recent updates include new flooring in the livingarea, a new LG stacked washer and dryer, custom closet organizers in all threeclosets, new baseboards throughout, and new decking on the balcony. Maintenancefees are all-inclusive, excluding property taxes.Experience the perfect combination of comfort, convenience, and quality living atThe Observatory.
Schedule a Tour
Contact us to schedule a private viewing of this property.
Contact Agent
Property Summary
This condo apartment located at 100 Observatory Lane, Richmond Hill is currently for sale and has been available on SousaSells for 59 days. This property is listed at $639,998 with an estimated mortgage of $2,130* per month. It has 2 beds, 2 bathrooms, and is 1000-1199 square feet. 100 Observatory Lane, Richmond Hill is in the Observatory neighborhood.
Work with the SOUSA TEAM to unlock your .
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Observatory, Richmond Hill.
- •2 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •1000-1199 sqft of generous functional square footage
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Richmond Hill.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Carpet Free
- Primary Bedroom - Main Floor
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 100 Observatory Lane, Unit 502, Richmond Hill, ON
Q.What is the asking price for 100 Observatory Lane, Unit 502, Richmond Hill, ON ?
The current listing price for 100 Observatory Lane, Unit 502, Richmond Hill, ON in Observatory, Richmond Hill is $639,998.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 2 bathrooms across approximately 1000-1199 sqft.
Q.What property type and architectural style is 100 Observatory Lane, Unit 502, Richmond Hill, ON ?
100 Observatory Lane, Unit 502, Richmond Hill, ON is a Condo Apartment (Apartment) featuring a None basement.
Q.What interior features are included in this home?
Interior highlights include: Carpet Free, Primary Bedroom - Main Floor.
Q.Is parking available at this property?
Yes, this property offers parking space for 1.0 vehicle (Underground).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
Virtual Tour & 3D Walkthrough
Virtual 360° Walkthrough & Live Video Tour
Request a live agent video tour or get 3D virtual walkthrough access for 100 Observatory Lane, Unit 502, Richmond Hill, ON .
Location
Google Street View
Open in Google MapsNeighborhood Safety & Crime Analytics
Observatory, Richmond Hill
9 assaults (45.0/100k)
10 B&E (40.0/100k)
16 thefts (45.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 100 Observatory Lane SE 502, Richmond Hill, ON L4C 1T4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Richmond Hill.
Configure Loan Settings
About Purchasing a Home in Richmond Hill, ON
For a property listed at $639,998 in Richmond Hill, the legal minimum down payment is $39,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $9,275 for this transaction. As this listing is in Richmond Hill (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $9,275.
Similar Listings in Observatory, Richmond Hill
Explore all Just Listed Homes in Richmond Hill →
Observatory, Richmond Hill Neighborhood Guide
Comprehensive city-wide demographics, local real estate stats, and school rankings for Observatory, Richmond Hill.
People & Families
Age Distribution
Household Composition
Top Ethnic Origins
Best Schools in Observatory, Richmond Hill
Elementary Schools
Secondary Schools
Observatory, Richmond Hill Demographic Home information
Structural Home Types
Tenure (Ownership vs Rental)
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
Similar Active Listings in Richmond Hill
Compare prices, square footage, and school zones for similar Residential Condo & Other nearby
9600 Yonge Street, Unit 218B, Richmond Hill
Stunning 2-bedroom, 2-bathroom corner suite in the prestigious Grand Palace Condos, offering over 1,...
30 Harding Boulevard, Unit 314, Richmond Hill
Welcome to this spacious and inviting residence in the heart of Richmond Hill. Located in a highly s...
8888 Yonge Street, Unit 307, Richmond Hill
Welcome to Unit 307, 8888 Yonge Street Condos! This bright and modern south-facing 2-bedroom, 2-bath...
40 Harding Boulevard, Unit 1114, Richmond Hill
Welcome to this beautifully maintained 2-bedroom, 2-bathroom suite in the prestigious Dynasty Buildi...