For Sale · Richmond Hill (Observatory) · Observatory
$585,000
About This Home
Spacious and bright two bedroom suite in one of Richmond Hill's most desirable buildings. Almost 1200 st ft of living space, perfect for the smart sizer. Tastefully renovated and immaculately kept, pride of ownership is evident. Great amenities, well managed building, steps to transit, shopping, and all amenities. Minutes to highways and Hillcrest Mall. Includes 2 parking spots. Ample visitor parking under ground...
Summarizing the highlights...
Property Details
Market intelligence
2 new this week of 20 active listings in Richmond Hill (Observatory), blended with typical days on market.
Computed live from active MLS listings we track. Sold-price history and multi-year assessment history switch on when sold-data access arrives.
Coming Soon
These sections unlock with our sold-data feed. They are reserved here so you know exactly what is on the way.
July Value
Calculating a July Value estimate...
Run The Numbers
Monthly mortgage payment
$2,736
$468,000 financed over 25 years at 5%. For guidance only, not a quote or approval.
Monthly cost (mortgage + tax + maintenance)
$2,736
Cash flow
-$2,736
Estimates for education only. Talk to a JULY advisor for real numbers on this home.
Richmond Hill (Observatory) right now
Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.
The Area
The neighbourhood
A mixed pocket of Richmond Hill
Housing in Observatory, Richmond Hill runs from detached homes to row homes, which keeps the entry price broad. 19 listings are active right now. Asking prices centre on $849,999. That is about 29% below the Richmond Hill median, which is what tends to bring value buyers to this pocket first.
7 listings are sitting below what comparable homes in this sub-area are asking, with the widest gap around 54%. Space costs about $78 per square foot.
The closest bus stop is about 10 minutes away on foot, with groceries about 10 minutes, the nearest park about 6 minutes, a school about 9 minutes.
The Neighbourhood
Household and demographic stats for Richmond Hill (Observatory), from the Statistics Canada 2021 Census.
Source: Statistics Canada 2021 Census, Richmond Hill, Town, Ontario.
Rental Market
Active rentals close to this home, for rent-versus-buy context and investors sizing up cash flow.
My Notes
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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.
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