100 Observatory Lane, Unit 1, Richmond Hill, ON
Property no longer active
This property was sold on August 7, 2024. 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 and concrete construction, this residence presents an exceptional opportunity offered at $749,000 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 2 Bathrooms
- Generous living space spanning 1000-1199 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 100 Observatory Lane, a coveted property in the heart of Richmond Hill. Featuring a great floor plan. The spacious living and dining rooms are a fabulous place to gather with family and friends. The kitchen with granite counters, stainless steel appliances and ample storage makes cooking a dream. The sun filled solarium has a walkout balcony with a second access from primary bedroom. The southeast exposed balcony over looks a scenic wooded lot and park area. The building offers a host of amenities for physical activity and recreation. Tennis courts, pickle-ball court (coming soon), pool, gym, games room, party room, and electric car charger to name a few. Along with all utilities included in monthly maintenance fee is Rogers Ignite TV and High Speed Internet. The location is just minutes from Hillcrest Mall with diverse shopping options, a variety of restaurants, grocery stores, and convenient public transit access.
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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 750 days. This property is listed at $749,000 with an estimated mortgage of $2,493* per month. It has 3 beds, 2 bathrooms, and is 1000-1199 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.Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Observatory, Richmond Hill.
- •3 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •1000-1199 sqft of generous functional square footage
Families, couples, or downsizers looking for a well-proportioned home in Richmond Hill.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- None
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 100 Observatory Lane, Unit 1, Richmond Hill, ON
Q.What is the asking price for 100 Observatory Lane, Unit 1, Richmond Hill, ON ?
The current listing price for 100 Observatory Lane, Unit 1, Richmond Hill, ON in Observatory, Richmond Hill is $749,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 2 bathrooms across approximately 1000-1199 sqft.
Q.What property type and architectural style is 100 Observatory Lane, Unit 1, Richmond Hill, ON ?
100 Observatory Lane, Unit 1, Richmond Hill, ON is a Condo Apartment (Apartment) featuring a None basement.
Q.What interior features are included in this home?
Interior highlights include: None.
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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Pricing & Value Insights
Data-driven valuation for 100 Observatory Lane 601, Richmond Hill, ON L4C 1T4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Richmond Hill, ON
For a property listed at $749,000 in Richmond Hill, the legal minimum down payment is $49,900 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 $11,455 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 $11,455.
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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.