23 Observatory Lane, Richmond Hill, ON
Property Highlights
Welcome to this remarkable 2-Storey condo townhouse located in the coveted neighborhood of Observatory. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $699,990 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 4 Bathrooms
- Generous living space spanning 1200-1399 sqft
- Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Stunning Newly Upgraded 2-Bedroom, 4-Bathroom Condo Townhome Located in the Heart of Richmond Hill! **This South-Facing Home Is Filledwith Natural Light *Bright Open-Concept Layout with 9-Ft Ceilings on the Main Floor *Freshly Painted in Designer Neutral color *New Engineered Hardwood Flooring on the Main Level, Hardwood Staircase, and Laminate Flooring on the Second Floor-Carpet Free Throughout.*The Spacious family room Features a Cozy Gas Fireplace and Double Sliding Doors Leading to a Large Private Deck, Perfect forMorning Coffee or Relaxing Outdoors *Main Floor Office Ideal for Working from Home, Plus a Convenient 3-Piece Bathroom *The RenovatedKitchen Boasts Upgraded Cabinetry, Granite Countertops, Stylish Backsplash, and Quality Finishes. Upstairs Features Two Generous-SizedBedrooms, Each with Its Own Beautifully Upgraded Ensuite Bathroom *The Finished Basement Includes an Additional 3-Piece Bathroom.*Unbeatable Walk-to-Everything: Just Steps toYonge Street, Hillcrest Mall, Community Centre, Library, Parks, Trails, Playground,Splash Pad,Restaurants, T&T Supermarket, and Public Transit. Minutes to the GO Station, Highways 407 &404,and Hospital *Ideal for First-TimeBuyers, Down sizers, or Investors. The Ground-Level Room with Its Own 3-Piece Bathroom Offers Excellent In-Law or Income Potential *LocatedWithin Top-Rated school Districts. Don't Miss This Opportunity to Own a Beautifully Upgraded Home in One of Richmond Hill's Most ConvenientLocations!
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Arts Centre, Library, Park, Rec./Commun.Centre, Hospital, Public Transit
Interior Features
Water Heater
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Location
Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 23 Observatory Lane 222, Richmond Hill, ON L4C 0M7
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 $699,990 in Richmond Hill, the legal minimum down payment is $44,999 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 $10,475 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 $10,475.
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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.