148 Observatory Lane, Richmond Hill, ON
Property Highlights
Welcome to this remarkable 2-Storey att/row/townhouse located in the coveted neighborhood of Observatory. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $698,000 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 3 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 20.03 x 100.16 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via electric
Description
Do not miss this great opportunity for this extraordinary, south facing, sun-filled freehold townhouse, perfectly situated in the highly sought-after Observatory community of Richmond Hill! $$$ spent on high-quality upgrades, including furnace (2026), entire roof including shingles and plywood (2025), backyard landscaping (2023), hot water tank (rental) (2022), washer and dryer (2022). Other recent renovations include air conditioner, living room chandelier, removed popcorn ceiling, pot lights in living room and basement, complete attic insulation top-up, a modern garage door opener, smart thermostat, floodlight, and video doorbell. The main floor features a modern kitchen with stainless steel appliances that walks out to a beautiful private backyard deck. The cozy living and dining room comes with hardwood flooring and pot lights throughout. It also features a grand fireplace accented by sleek, modern wall tiles and a chandelier. Upstairs, you will find three bright and spacious bedrooms providing the perfect layout for growing families. The lower level extends your usable living area with a finished, sounds-proof basement brightened by newly installed pot lights, perfect for family activities. The garage is upgraded with premium tiles and includes a rough-in for electric car charger. Located within the boundary of the prestigious Sixteenth Avenue Public School, this exceptional location places you just minutes from brand new pedestrian and cyclist bridge at the historic David Dunlap Observatory Park, the premium shops at Hillcrest Mall, T&T Supermarket, and major transit routes along Yonge Street.
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Property Summary
This townhouse located at 148 Observatory Lane, Richmond Hill is currently for sale and has been available on SousaSells for 1 day. This property is listed at $698,000 with an estimated mortgage of $2,323* per month. It has 3 beds, 3 bathrooms, and is 1100-1500 square feet. 148 Observatory Lane, Richmond Hill is in the Observatory neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Observatory, Richmond Hill.
- •3 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •1100-1500 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
- Carpet Free
Security Features
None listed
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Richmond Hill?
If you are looking for a house in Richmond Hill or researching Richmond Hill real estate for sale, this 3-bedroom att/row/townhouse at 148 Observatory Lane, Richmond Hill, ON offers an exceptional opportunity to buy a home in Richmond Hill, Ontario. Whether you are a first-time Richmond Hill home buyer or comparing active Richmond Hill MLS® homes for sale, working with a dedicated Richmond Hill buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Richmond Hill realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Richmond Hill Buyer Budget & Costs
Estimated mortgage: $2,323*/month*. Estimated Ontario Land Transfer Tax: $10,435. First-time Richmond Hill home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Richmond Hill
Frequently Asked Questions about 148 Observatory Lane, Richmond Hill, ON
Q.What is the asking price for 148 Observatory Lane, Richmond Hill, ON ?
The current listing price for 148 Observatory Lane, Richmond Hill, ON in Observatory, Richmond Hill is $698,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 3 bathrooms across approximately 1100-1500 sqft.
Q.What property type and architectural style is 148 Observatory Lane, Richmond Hill, ON ?
148 Observatory Lane, Richmond Hill, ON is a Att/Row/Townhouse (2-Storey) featuring a Finished basement.
Q.What interior features are included in this home?
Interior highlights include: Carpet Free.
Q.Is parking available at this property?
Yes, this property offers parking space for 3.0 vehicles (Built-In).
Q.What heating and cooling systems are installed?
Heating is provided via Electric and cooling via Central Air.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Observatory, Richmond Hill
9 assaults (45.0/100k)
10 B&E (40.0/100k)
16 thefts (45.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 148 Observatory Lane, Richmond Hill, ON L4C 8K8
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 $698,000 in Richmond Hill, the legal minimum down payment is $44,800 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 $10,435 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 $10,435.
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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.
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