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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Richmond Hill
  • Observatory
  • 100 Observatory Lane
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  • Sold Sold in Aug 2025
  • Condo Apt

1503 - 100 Observatory Lane

Richmond Hill, Observatory
  • 2 + 1 Bedrooms
  • 2 Bathrooms
  • 2 Garage
  • Share
Sold Price: $ 780,000
2.48%
Listed Price: $ 799,800
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Key Facts About 1503 - 100 Observatory Lane, Richmond Hill

  • Tax $2,970 / 2025
  • Property Type Condo
  • Building Type Condo Apt
  • Building Style Apartment
  • Maintenance Fees $1248.2
  • Size 1200 - 1399 feet²
  • Listing # N12319374
  • Data Source PROPTX
  • Days on Market 27
  • Listed On 01/08/2025
  • Updated On 04/11/2025
  • Market Demand
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Description

Rarely Available 2 Bed Plus Den 2 Full Bath Fully Renovated Corner Suite Delivers 1289 Square Feet Of Bright, Functional Living Space. Expansive Unobstructed Views In Every Room From The 15th Floor Inc Private XL Balcony. Wrap-Around Windows Span Living, Dining, And Lounging Spaces. Full-Size Family Kitchen Boasts Modern Finishes, Waterfall Island, With A Dedicated Breakfast Area, Open-Concept Living Space. Oversized Primary Bed Feat Large Walk-In Closet And Stunning 4-Piece Ensuite. Split Layout. Unique Tandem Parking Space That Fits Two Vehic

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Property Details of 1503 - 100 Observatory Lane, Richmond Hill

Property

  • Property Type Condo Apt
  • Style Apartment
  • Community Observatory
  • Municipality Richmond Hill

Inside

  • Bedrooms 2
  • Bathrooms 2
  • Bathroom Details 1, 3pc Flat
  • Bathroom Details 1, 4pc Flat
  • Kitchen 1
  • Rooms 5
  • Family Rooms N
  • Central Vac N
  • Fireplace N

Utilities

  • Cooling Central Air
  • Heating Type Forced Air
  • Heating Fuel Gas

Building

  • Size 1200 - 1399 feet²
  • Architecture Style Apartment
  • Exterior Feature Brick

Parking

  • Drive Way Underground
  • Garage Type Underground
  • Garage 2
  • Total Parking Places 2

Land

  • Cross Street Yonge St/Observatory Lane

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Our Estimate

See Real Estate Market Trends in Richmond Hill

Estimated Rent

$ 3,290

Rental Yield

4.56%

School Score

8.8/10

Rental Score

5/5

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Rooms

Foyer
Level: Main
Living Room
Level: Main
Dining Room
Level: Main
Kitchen
Level: Main
Primary Bedroom
Level: Main
Bedroom 2
Level: Main

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,100

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0
  • Estoppel Certificate Fee
    $100

Monthly Expenses After Home Purchase

$1,817

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $1,248
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MLS® Trusted listing from Toronto Real Estate Board The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.

Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 1503 - 100 Observatory Lane, Richmond Hill

Nestled in the heart of Richmond Hill, at 100 Observatory Lane, this rarely available condo for sale in Richmond Hill is a true gem. This stunning 2-bedroom plus den, 2-bathroom corner suite has been fully renovated and offers an impressive 1,289 square feet of bright, functional living space. Perched on the 15th floor, the suite boasts expansive unobstructed views from every room, complemented by a private extra-large balcony that invites you to enjoy the scenery.

As you step into this lovely condo for sale in Richmond Hill, you’ll be greeted by wrap-around windows that illuminate the living, dining, and lounging areas with natural light. The open-concept design creates a seamless flow throughout the space, making it perfect for entertaining or simply enjoying a quiet evening at home. The full-size family kitchen is a highlight, featuring modern finishes and a waterfall island, along with a dedicated breakfast area that’s ideal for casual dining.

The oversized primary bedroom is a true retreat, complete with a large walk-in closet and a stunning 4-piece ensuite bathroom. This thoughtful split layout ensures privacy, making it perfect for families or guests. The additional den provides versatile space that can be tailored to your needs, whether as a home office, a guest room, or a cosy reading nook.

While this condo for sale in Richmond Hill does not include a pool or a fireplace, it does offer central air conditioning to keep you comfortable year-round. The building is equipped with modern amenities, although it does not feature a central vacuum system. The unit is unfurnished, allowing you to personalise the space to your liking.

Parking is a breeze with the unique tandem parking space that fits two vehicles, conveniently located beside the elevator on P1. This is a rare find in a condo for sale in Richmond Hill and adds to the overall convenience of living in this sought-after building.

Living at 100 Observatory Lane, Richmond Hill, means you are just steps away from a variety of amenities. Hillcrest Mall, No Frills, Walmart, and the Richmond Hill Library are all within easy reach, making shopping and leisure activities a cinch. For those who value health and wellness, Mackenzie Health Hospital is also nearby. The area is walkable to parks and schools, making it an ideal location for families or anyone who enjoys an active lifestyle.

For commuters, the location offers easy access to Yonge Street, Highway 7, and GO Transit, ensuring that you can travel to other parts of York Region and beyond with ease. This condo for sale in Richmond Hill is not just a home; it’s a lifestyle choice that combines convenience, comfort, and community.

In summary, this beautifully renovated corner suite at 100 Observatory Lane, Richmond Hill, is a fantastic opportunity for anyone looking to buy a condo in this vibrant area. With its spacious layout, modern kitchen, and proximity to essential amenities, it truly offers everything you could desire in a home. Don’t miss out on the chance to make this exceptional condo for sale in Richmond Hill your own. Whether you’re a first-time buyer or looking to downsize, this property is sure to impress. Come and see it for yourself; you won’t be disappointed!

The Community Observatory in Richmond Hill is a vibrant geographic entity that serves as a focal point for residents and visitors alike. Nestled amidst the picturesque landscapes of this charming city, the Observatory offers a unique blend of natural beauty and cultural engagement. Surrounded by lush parks and scenic trails, it provides ample opportunities for outdoor activities and leisurely strolls. The Observatory itself is a hub for educational programmes and public events, fostering a sense of curiosity about the cosmos and our place within it. With its welcoming atmosphere and diverse offerings, the Community Observatory is not just a place for stargazing, but a cornerstone of Richmond Hill’s identity, inviting all to explore and connect with the wonders of the universe.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an ideal choice for families. Within a short distance, you'll find Sixteenth Avenue Public School, just 0.8 km away, offering a strong elementary education from JK to grade 8, with a commendable school rating of 8.6. For secondary education, Alexander Mackenzie High School is 1.8 km from the property, rated at 8.2, ensuring quality education for grades 9 to 12. Additionally, Doncrest Public School, located 2.8 km away, provides a French-language curriculum for grade 1 and boasts an impressive rating of 9.2. Other nearby schools include Adrienne Clarkson Public School and Langstaff Secondary School, which, while further away, offer additional options for elementary and secondary education, respectively. For those interested in Catholic education, St. Charles Garnier Catholic Elementary School and Our Lady Queen of the World Catholic Secondary School are also within a few kilometers. Overall, the area is well-served by a mix of public and Catholic schools, catering to various educational needs and preferences, making it a prime location for families prioritizing education.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 880 residents, characterized by an average household size of 1.9 individuals. The demographic profile reveals an aging population, with an average age of 59 years. The average household income stands at $74,800, although 14% of the population is classified as low-income. The real estate market reflects a significant average property price of $696,000, with 83.87% of homes being condominiums. The community shows a diverse social fabric, with 46.67% of residents being single and 26.53% living in households with children. A notable 60.71% of the population are immigrants, contributing to the area's cultural diversity. Additionally, 12.9% of residents are renters, indicating a stable homeownership rate. Educational attainment is high, with 64.1% of the population holding a college or university degree. However, a significant portion of the community, 61.54%, is not in the labor force, which may reflect retirement or other factors. Overall, this area presents a unique blend of demographic characteristics, making it an interesting prospect for potential buyers or investors.

FAQs About 1503 - 100 Observatory Lane, Richmond Hill

How many bathrooms does this property have?

This property features 2 bathroom(s) and 2 bedroom(s).

Does this 2 bedroom property have additional bedrooms or a den?

This Condo Apt property includes 1 additional bedrooms.

What is the square footage (sqft) of this Condo Apt property?

The total square footage of this Condo Apt 2 bed property in Richmond Hill is 1200 - 1399.

How many parking spaces are available with this property?

There are no parking spaces available with this property.

How many cars can be parked in the garage of 100 Observatory Lane?

This property features a garage with space for 2 cars.

What type of garage does this property have?

This property includes an Underground garage with space for 2 cars.

Does this property have a basement?

There is no basement in this property.

What type of basement is it?

Information about basement type is not available.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

There is no fireplace in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Yes, it has an annual maintenance fee of $1248.20.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Forced Air.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 1503 - 100 Observatory Lane, Richmond Hill

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Listing History

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