100 Observatory Lane, Unit 7, Richmond Hill, ON

$799,900
MLS#:N12324044
3 beds
2 baths
1200-1399 sqft
1.0 parking
Residential Condo & Other
100 Observatory Lane 307, Richmond Hill, ON L4C 1T4
⚠️

Property no longer active

This property was sold on November 6, 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 $799,900 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 2 Bathrooms
  • Generous living space spanning 1200-1399 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Separate Heating Controls
  • equipped with central air central cooling and highly efficient fan coil heating via other

Description

Welcome to 100 Observatory Lane suite 307! Step inside to one the largest unit in this well maintained Tridel building. With open concept main rooms, a solarium that is comfortable and cozy and principal rooms that offer both solace and warmth. The unit has two full baths, an upgraded kitchen with a pass-through to the living room and mixed flooring through out the luxurious suite. Upgraded tiles to beautiful hardwood floors and plush carpets in the bedrooms just add to the already bright and spacious open concept 3 bedroom plus solarium plan. To add to its interior beauty the unit has a large balcony that has three access points: one from the primary bedroom, the 3rd bedroom and one from the solarium with bright sunlight entering the living areas. This unit shows to perfection. The underground parking spot is conveniently situated near the exit door which is a great safety feature. The building has many amenities including an indoor pool, a sauna and a tanning deck. Tennis courts on the beautiful grounds and an exercise room. A fabulous party room , library and game room . It also has a work room and a large tv/ movie room . One of the best features is the two side by side guest suites which allow for out of town visitors to be hosted by the unit owners at the fraction of a price of a standard hotel room. But that's not all , the beauty of 100 Observatory lane prides its self with the most beautiful award winning plush gardens and a beautiful well maintained lobby. This building is a sought out location with steps to Yonge St. in the heart of Richmond Hill and minutes to the newly re-invented Hillcrest Mall. Great Restaurants from fast food to fine dining surround the town of Richmond Hill. Gas stations, go transit and the Richmond Hill Centre for the Performing Arts are with in close proximity to the building's location. This is a great place to call home .

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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 366 days. This property is listed at $799,900 with an estimated mortgage of $2,663* per month. It has 3 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 3 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
  • 3 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?

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

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1200-1399 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateNovember 6, 2025
Sold price information is available to members only
Listed Date8/5/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementNone
CountyYork
Annual Tax$3,011.16

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeUnderground

Heating & Cooling

Heat SourceOther
Heat TypeFan Coil
CoolingCentral Air

Features

Property Features

  • Greenbelt/Conservation
  • Golf
  • Place Of Worship
  • Rec./Commun.Centre
  • Public Transit
  • Park

Interior Features

  • Separate Heating Controls

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 100 Observatory Lane, Unit 7, Richmond Hill, ON

Q.What is the asking price for 100 Observatory Lane, Unit 7, Richmond Hill, ON ?

The current listing price for 100 Observatory Lane, Unit 7, Richmond Hill, ON in Observatory, Richmond Hill is $799,900.

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

This property features 3 bedrooms and 2 bathrooms across approximately 1200-1399 sqft.

Q.What property type and architectural style is 100 Observatory Lane, Unit 7, Richmond Hill, ON ?

100 Observatory Lane, Unit 7, Richmond Hill, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What key property features does 100 Observatory Lane, Unit 7, Richmond Hill, ON offer?

Key property features include: Greenbelt/Conservation, Golf, Place Of Worship, Rec./Commun.Centre, Public Transit, Park.

Q.What interior features are included in this home?

Interior highlights include: Separate Heating Controls.

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 Other and cooling via Central Air.

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Location

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100 Observatory Lane, Unit 7, 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 307, 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$239,970 (30.0%)
* Minimum Canadian down payment required for this price is $54,990.
Amortization Period30 Years
Estimated Monthly Payment$2,663Based on a loan of $559,930 over 30 years.
Purchase Price$799,900
Loan Amount$559,930
Provincial Land Transfer Tax:$12,473
Total Estimated Closing Taxes:$12,473

About Purchasing a Home in Richmond Hill, ON

For a property listed at $799,900 in Richmond Hill, the legal minimum down payment is $54,990 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 $12,473 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 $12,473.

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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.