23 Observatory Lane, Unit 204, Richmond Hill, ON

$899,000
MLS#:N13569744
3 beds
3 baths
1800-1999 sqft
2.0 parking
Residential Condo & Other
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Added:Jul 15, 2026(45 days ago)
Updated:Aug 20, 2026(9 days ago)
Last Checked:3 minutes ago

Property Highlights

Welcome to this remarkable 3-Storey condo townhouse located in the coveted neighborhood of Observatory. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $899,000 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.

  • 3 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1800-1999 sqft
  • Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

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

Work with the SOUSA TEAM to unlock your . If we are unable to negotiate your purchase price below asking, we'll rebate you up to $10,000!*

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Property Summary

This townhouse located at 23 Observatory Lane, Richmond Hill is currently for sale and has been available on SousaSells for 45 days. This property is listed at $899,000 with an estimated mortgage of $2,992* per month. It has 3 beds, 3 bathrooms, and is 1800-1999 square feet. 23 Observatory Lane, Richmond Hill is in the Observatory neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Observatory, Richmond Hill.

Highly Recommended for Families
What We Love About This Home
  • •3 spacious bedroom layout offering versatile living space
  • •3 well-appointed bathrooms
  • •1800-1999 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Richmond Hill.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
1800-1999 sqft
Property Type
Residential Condo & Other

Additional Details

StatusPrice Change
AddedJul 15, 2026 (45 days ago)
UpdatedAug 20, 2026 (9 days ago)
Last Checked3 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural Style3-Storey
ConstructionBrick
BasementPartially Finished
CountyYork
Annual Tax$4,324.99

Parking & Garage

Parking Total2.0
Parking Space1
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Carpet Free

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 23 Observatory Lane, Unit 204, Richmond Hill, ON

Q.What is the asking price for 23 Observatory Lane, Unit 204, Richmond Hill, ON ?

The current listing price for 23 Observatory Lane, Unit 204, Richmond Hill, ON in Observatory, Richmond Hill is $899,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 3 bathrooms across approximately 1800-1999 sqft.

Q.What property type and architectural style is 23 Observatory Lane, Unit 204, Richmond Hill, ON ?

23 Observatory Lane, Unit 204, Richmond Hill, ON is a Condo Townhouse (3-Storey) featuring a Partially Finished basement.

Q.What interior features are included in this home?

Interior highlights include: Carpet Free.

Q.Is parking available at this property?

Yes, this property offers parking space for 2.0 vehicles (Built-In).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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23 Observatory Lane, Unit 204, Richmond Hill, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Observatory, Richmond Hill

SAFETY RATING9.6 / 10
Low Incident Area
Total Annual Incidents45 incidents / yr
Average Per Month3.8 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

9 assaults (45.0/100k)

Property Security
Low

10 B&E (40.0/100k)

Auto Theft Risk
Low Risk

16 thefts (45.0/100k)

1-Year Trend
â–Ľ 6.4%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

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.

Source: York Regional Police (YRP) Open Data
Halton & GTHA Police Network

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.

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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 23 Observatory Lane 204, Richmond Hill, ON L4C 0M7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Richmond Hill.

Configure Loan Settings

Interest Rate4.00%
Down Payment$269,700 (30.0%)
* Minimum Canadian down payment required for this price is $64,900.
Amortization Period30 Years
Estimated Monthly Payment$2,992Based on a loan of $629,300 over 30 years.
Purchase Price$899,000
Loan Amount$629,300
Provincial Land Transfer Tax:$14,455
Total Estimated Closing Taxes:$14,455

About Purchasing a Home in Richmond Hill, ON

For a property listed at $899,000 in Richmond Hill, the legal minimum down payment is $64,900 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 $14,455 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 $14,455.

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Observatory, Richmond Hill Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Observatory, Richmond Hill.

Verified Local Data
City Population202,022
City Median Age42.4 Yrs
City Ownership78% Owners
Avg Area List Price$1,212,783

People & Families

Age Distribution

Household Composition

One-person households
18%
Families with children
50%
Couples without children
27%
Other households
5%

Top Ethnic Origins

Chinese30%
Iranian11%
Canadian8%
Italian7%

Best Schools in Observatory, Richmond Hill

Elementary Schools

Sixteenth Avenue
Public400 16th Avenue, Richmond Hill, Ontario, L4C 7A9
6.5
St Joseph
Public301 Roney Avenue, Richmond Hill, Ontario, L4C 2H4
7.0
Walter Scott
Public500 Major MacKenzie Drive East, Richmond Hill, Ontario, L4C 1J2
3.9
Bayview Hill
Public81 Strathearn Avenue, Richmond Hill, Ontario, L4B 2J5
8.0
Red Maple
Public155 Red Maple Road, Richmond Hill, Ontario, L4B 4P9
6.7

Secondary Schools

Richmond Hill
Public189 Weldrick Road East, Richmond Hill, Ontario, L4C 0A6
8.3
Alexander MacKenzie
Public300 Major MacKenzie Drive West, Richmond Hill, Ontario, L4C 3S3
8.5
Bayview
Public10077 Bayview Avenue, Richmond Hill, Ontario, L4C 2L4
9.2
Norval-Morrisseau
Public51 Wright Street, Richmond Hill, Ontario, L4C 4A1
8.3

Observatory, Richmond Hill Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied78%
Rented22%

Need more details or a custom CMA?

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.

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