100 Observatory Lane, Unit 4, Richmond Hill, ON

$885,000
MLS#:N12287689
2 beds
2 baths
1200-1399 sqft
1.0 parking
Residential Condo & Other
100 Observatory Lane 404, Richmond Hill, ON L4C 1T4
⚠️

Property no longer active

This property was sold on November 4, 2025. This listing is for reference purposes only. to view the sold price.

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 $885,000 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1200-1399 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient fan coil heating via gas

Description

Gorgeously renovated and meticulously maintained 2 Bedroom, 2 Bathroom corner suite in one of Richmond Hill's most sought-after prestigious Tridel buildings. Surrounded by lush greenery visible from every window, this bright and airy suite offers privacy, tranquility, and an exceptional layout enhanced by high-end upgrades throughout. The spacious open-concept living and dining area is bathed in natural light from floor-to-ceiling windows and flows seamlessly into a dreamy kitchen. Featuring quartz countertops, a full-height backsplash, and an oversized waterfall island, the kitchen also boasts premium stainless steel appliances, custom cabinetry, and an integrated pull-out pantry. The Primary Suite offers a walk-in closet with custom built-ins and a spa-inspired ensuite with a deep soaker tub, glass-enclosed shower, and a frameless anti-fog LED vanity mirror. The second bedroom is generously sized and conveniently located near the modern 3-piece bathroom. Upgraded interior doors, trim and baseboards, wide-plank waterproof flooring, as well as recessed dimmable pot lights that create a warm, modern ambiance are just some of the many thoughtful and luxurious updates in this wonderful space. The building provides a wealth of resort-style amenities, including an indoor pool, sauna, tanning deck, tennis/pickleball courts, fitness centre, BBQ area and party room. Residents also enjoy access to a library, billiards room, game room and two guest suites. Professionally landscaped gardens and impeccably maintained lobby, reflecting true pride of ownership. Amazing location just steps from Yonge Street, its only minutes from Hillcrest Mall, fine and casual dining, GO Transit, and the Richmond Hill Centre for the Performing Arts.

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Property Summary

This condo apartment located at 100 Observatory Lane, Richmond Hill is currently for sale and has been available on SousaSells for 386 days. This property is listed at $885,000 with an estimated mortgage of $2,946* per month. It has 2 beds, 2 bathrooms, and is 1200-1399 square feet. 100 Observatory Lane, Richmond Hill is in the Observatory neighborhood.

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

Yes! Featuring 2 bedrooms and 2 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
  • 2 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 1200-1399 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Richmond Hill.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1200-1399 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJuly 23, 2025
Sold price information is available to members only
Listed Date7/16/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementNone
CountyYork
Annual Tax$2,992.26

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeFan Coil
CoolingCentral Air

Features

Property Features

  • Golf
  • Hospital
  • Library
  • Park
  • Public Transit
  • Rec./Commun.Centre

Interior Features

  • Carpet Free

Security Features

  • Monitored

Community Features

None listed

Frequently Asked Questions about 100 Observatory Lane, Unit 4, Richmond Hill, ON

Q.What is the asking price for 100 Observatory Lane, Unit 4, Richmond Hill, ON ?

The current listing price for 100 Observatory Lane, Unit 4, Richmond Hill, ON in Observatory, Richmond Hill is $885,000.

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

This property features 2 bedrooms and 2 bathrooms across approximately 1200-1399 sqft.

Q.What property type and architectural style is 100 Observatory Lane, Unit 4, Richmond Hill, ON ?

100 Observatory Lane, Unit 4, Richmond Hill, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What key property features does 100 Observatory Lane, Unit 4, Richmond Hill, ON offer?

Key property features include: Golf, Hospital, Library, Park, Public Transit, Rec./Commun.Centre.

Q.What interior features are included in this home?

Interior highlights include: Carpet Free.

Q.What security features are installed at 100 Observatory Lane, Unit 4, Richmond Hill, ON ?

Security features include: Monitored.

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.

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Location

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100 Observatory Lane, Unit 4, Richmond Hill, ON

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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 100 Observatory Lane 404, Richmond Hill, ON L4C 1T4

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.

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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$265,500 (30.0%)
* Minimum Canadian down payment required for this price is $63,500.
Amortization Period30 Years
Estimated Monthly Payment$2,946Based on a loan of $619,500 over 30 years.
Purchase Price$885,000
Loan Amount$619,500
Provincial Land Transfer Tax:$14,175
Total Estimated Closing Taxes:$14,175

About Purchasing a Home in Richmond Hill, ON

For a property listed at $885,000 in Richmond Hill, the legal minimum down payment is $63,500 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 $14,175 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 $14,175.

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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%

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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.