$769,000

For sale

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#10 23 Observatory Lane, Richmond Hill (Observatory) - Single Family for Sale

#10 23 Observatory Lane, Richmond Hill (Observatory), Ontario, L4C0M7

2 beds2 baths2 parking ft²

#613 75 Weldrick Road East, Richmond Hill (Observatory), Ontario, L4C0H9

3 bd2 ba1 pk1,100 ft²+$380/mo

Listed by HOMELIFE LANDMARK REALTY INC.

#109 75 Weldrick Road East, Richmond Hill (Observatory), Ontario, L4C0H9

For salePrice drop

25 days ago

$630K$670K

↓ $40K (6%) price drop

#109 75 Weldrick Road East, Richmond Hill (Observatory), Ontario, L4C0H9

3 bd2 ba1 pk1,300 ft²+$380/mo

Listed by Royal LePage Meadowtowne Realty Inc., Brokerage

#502 9471 Yonge Street, Richmond Hill (Observatory), Ontario, L4C0Z5

For sale

26 days ago

$550K

#502 9471 Yonge Street, Richmond Hill (Observatory), Ontario, L4C0Z5

2 bd2 ba1 pk650 ft²+$654/mo

Listed by ROYAL LEPAGE TERREQUITY PLATINUM REALTY

#209 33 Weldrick Road East, Richmond Hill (Observatory), Ontario, L4C8W4

For sale

26 days ago

$525K

#209 33 Weldrick Road East, Richmond Hill (Observatory), Ontario, L4C8W4

3 bd2 ba2 pk1,100 ft²+$1313/mo

Listed by RE/MAX PRIME PROPERTIES - UNIQUE GROUP

Investment analysis

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$769,000

Richmond Hill

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$445/mo condo fee

Overview

This 2-bedroom, 2-bathroom condo in Richmond Hill is for sale offering roughly 1,300 sq ft of space. It has been on the market 29 days, fresher than the Richmond Hill average of 45 days.

Condos for Sale in Richmond Hill →All real estate in Richmond Hill →

Description

Brand New Full Renovation. New Floors, Gourmet Luxury Kitchen, High End Ss Appliances, New Railing And Much More. Viva To The Subway & Hillcrest Mall. Well-Maintained Complex W/Low Fees. Don't Miss This One! The pictures have been virtually staged with furniture and decor. (id:66096)

Property Details

MLS®: N13864998
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 2
Interior Size: 1,300 ft²
Storeys: 3
Basement: Unfinished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Condo Fee: $445/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $4,674.64/yr
Listed: 29 days ago

Rooms

Main level

Living room: 6 x 3.05 meters
Dining room: 6 x 3.05 meters
Kitchen: 3.7 x 2.75 meters

Second level

Primary Bedroom: 4.3 x 3.65 meters
Bedroom 2: 4.33 x 3.05 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Water Heater
Exterior: Brick

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

29d

Richmond Hill (Observatory) listings, avg age

45d

Price / ft²

$592

List price

$769K

Homes here sell faster than most markets

Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 97.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Richmond Hill (Observatory) has been listed for 29 days, which is 16 days fresher than the city average of 45. Act while there is still low competition.

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Listed by UPPERSIDE REAL ESTATE LIMITED · VLAD BRETGOLTZ

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4C)

This home lists at $769,000, about 8.9× the local median household income of $86,000.

Carrying it typically needs a household income of about $150,213 (20% down, 25-yr amortization, stress-tested) — roughly 75% above the area median.

Median household income: $86,000
Population: 74,636
Median age: 46
Owner / renter: 70% / 30%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA L4C)

$769,000· $592/ft²

For sale

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Full Cost Breakdown

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Down Payment6.75% · $51,900

Min 6.75%50%

Mortgage payment$3,976/mo

↳ CMHC premium ($28,684 capitalized)

Property tax (est.)$390/mo

Condo fee$445/mo

Total monthly$4,811

Cash Needed to Close

Down payment (6.75%)$51,900

Land transfer tax$11,855

Est. closing costs$4,807

Total cash needed$68,562

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice