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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

508 - 100 Observatory Lane

Richmond Hill, Observatory
  • 1 + 1 Bedrooms
  • 1 Bathrooms
  • 1 Garage
  • Share
Sold Price: $ 490,000
4.67%
Listed Price: $ 514,000
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Key Facts About 508 - 100 Observatory Lane, Richmond Hill

  • Tax $2,174 / 2025
  • Property Type Condo
  • Building Type Condo Apt
  • Building Style Apartment
  • Maintenance Fees $827.51
  • Size 800 - 899 feet²
  • Parking 1 garage, 1 parking
  • Listing # N12343552
  • Data Source PROPTX
  • Days on Market 12
  • Listed On 14/08/2025
  • Updated On 04/11/2025
  • Market Demand
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Description

This one Shines! Unobstructed view over Tennis courts! Upgraded throughout! New White Kitchen, New Bathroom with gorgeous modern large walk in shower, New Luxury Vinyl Flooring Throughout. White paint throughout, Very large "bonus" room can be separate dining room, bedroom, den or office. Available for occupancy Immediately (opening in +1 area is sized to fit french doors) EV Chargers are available in parking, pool, sauna, whirlpool, sundeck, BBQ area, tennis court, gym, party room, card room, billiard room, table tennis THE PHOTOS ARE "VIRTUA

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Property Details of 508 - 100 Observatory Lane, Richmond Hill

Property

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

Inside

  • Bedrooms 1
  • Bathrooms 1
  • 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 800 - 899 feet²
  • Architecture Style Apartment
  • Exterior Feature Brick

Parking

  • Garage Type Underground
  • Garage 1
  • Parking Places 1
  • Total Parking Places 2

Land

  • Cross Street Yonge / Observatory

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Our Estimate

See Real Estate Market Trends in Richmond Hill

Estimated Rent

$ 2,593

Rental Yield

5.18%

School Score

8.8/10

Rental Score

4.5/5

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Rooms

Kitchen (3.2X2.45 metre)
Level: Main
Dining Room (7.31X3.35 metre)
Level: Main
Living Room (7.31X3.35 metre)
Level: Main
Primary Bedroom (4.37X3.21 metre)
Level: Main
Kitchen (3.2X2.45 metre)
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

$1,397

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $828
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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 508 - 100 Observatory Lane, Richmond Hill

Welcome to your new home at 100 Observatory Lane, Richmond Hill! This stunning apartment for sale in Richmond Hill is truly a gem, offering a fantastic living experience in the heart of the Observatory community. With its modern upgrades and thoughtful design, this condo apartment is perfect for anyone looking to enjoy a comfortable and stylish lifestyle.

As you step into this lovely one-bedroom apartment for sale in Richmond Hill, you’ll immediately notice the unobstructed views over the tennis courts, which provide a delightful backdrop to your daily life. The apartment has been upgraded throughout, ensuring that every corner reflects contemporary living. The new white kitchen is a real highlight, featuring sleek cabinetry and ample space for all your culinary adventures. Whether you're whipping up a quick breakfast or hosting a dinner party, this kitchen is sure to impress.

The bathroom is equally impressive, boasting a gorgeous modern large walk-in shower that adds a touch of luxury to your daily routine. With one bathroom in total, this apartment is designed for convenience and comfort. The entire space is adorned with new luxury vinyl flooring, which not only looks fantastic but is also easy to maintain. The fresh white paint throughout creates a bright and airy atmosphere, making the apartment feel even more spacious.

Speaking of space, this apartment for sale in Richmond Hill features a very large "bonus" room that can be adapted to suit your needs. Whether you envision it as a separate dining room, a second bedroom, a den, or a home office, the possibilities are endless. This flexibility is perfect for those who may need a bit of extra space for work or leisure.

Located at 100 Observatory Lane, Richmond Hill, this condo apartment offers a total of five rooms, including the bedroom, den, kitchen, and bathroom. While there’s no additional land or basement, the layout is thoughtfully designed to maximise every inch of space. The apartment is unfurnished, allowing you to personalise it to your taste and style.

In terms of amenities, this apartment for sale in Richmond Hill is equipped with central air conditioning, ensuring you stay cool and comfortable during those warm summer months. While there is no pool or fireplace, the underground garage space provides secure parking for one vehicle, making it easy to come and go as you please. Plus, there’s an additional parking space available, which is a real bonus in this bustling area.

The apartment is located in a vibrant community, with easy access to local shops, restaurants, and recreational facilities. You’ll find that living at 100 Observatory Lane, Richmond Hill, places you right in the midst of everything you need. Whether you’re looking to explore the local parks or enjoy a meal at a nearby eatery, the options are plentiful.

For those who rely on the internet, you’ll be pleased to know that this apartment is equipped with internet access, making it easy to stay connected, whether for work or leisure. Although there’s no central vacuum system, the layout and materials used throughout the apartment make cleaning a breeze.

In summary, if you’re searching for an apartment for sale in Richmond Hill, look no further than this fantastic offering at 100 Observatory Lane, Richmond Hill. With its modern upgrades, spacious layout, and prime location, it’s an opportunity not to be missed. Available for immediate occupancy, this apartment is ready for you to make it your own. Don’t hesitate to arrange a viewing and experience the charm of this lovely condo apartment for yourself!

The Community Observatory in Richmond Hill is a vibrant geographic entity that serves as a focal point for both residents and visitors alike. Nestled amidst the lush greenery and scenic landscapes of the area, it offers a unique blend of natural beauty and urban convenience. The Observatory is not just a place for stargazing; it also hosts various educational programmes and community events that foster a sense of belonging and engagement among its inhabitants. With its accessible location, well-maintained parks, and stunning views of the night sky, the Observatory is an inviting space that enhances the overall charm of Richmond Hill, making it an ideal spot for those seeking both tranquillity and connection in their new home.

Schools in the Neighbourhood

This property is ideally located near several reputable educational institutions, making it a great choice for families. The closest school is Sixteenth Avenue Public School, an elementary school just 0.8 km away, offering grades JK to 8 with a commendable rating of 8.6. For secondary education, Alexander Mackenzie High School is situated 1.8 km from the property, providing grades 9 to 12 and holding a solid rating of 8.2. Additionally, Doncrest Public School, another elementary option, is 2.8 km away and offers French language instruction with an impressive rating of 9.2. Other nearby schools include Adrienne Clarkson Public School and Langstaff Secondary School, which are 2.7 km and 2.3 km away, respectively, though their ratings vary. For those interested in Catholic education, St. Charles Garnier Catholic Elementary School is 1.5 km away, while Our Lady Queen of the World Catholic Academy is 3.1 km from the property, both offering secondary education. Overall, the area boasts a mix of public and Catholic schools, providing diverse options for quality education within a short distance.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small, mature community with a population of 880 residents and an average household size of 1.9. The average age of residents is 59 years, indicating a predominantly older demographic. The average household income stands at $74,800, with 14% of the population classified as low-income. The real estate market reflects a high average property price of $696,000, with a significant majority of 83.87% of homes being condominiums. The area has a notable percentage of single individuals at 46.67%, while households with children make up 26.53% of the community. Immigrants constitute a substantial 60.71% of the population, contributing to the area's diversity. Additionally, 12.9% of residents are renters, suggesting a relatively stable homeownership rate. Education levels are high, with 64.1% of residents holding a college or university degree. However, it is important to note that a significant portion of the population, 61.54%, is not in the labor force, which may reflect retirement or other factors influencing employment status. Overall, this demographic snapshot highlights a unique blend of age, education, and diversity within the community.

FAQs About 508 - 100 Observatory Lane, Richmond Hill

How many bathrooms does this property have?

This property features 1 bathroom(s) and 1 bedroom(s).

Does this 1 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 1 bed property in Richmond Hill is 800 - 899.

How many parking spaces are available with this property?

100 Observatory Lane boasts 1 convenient parking spaces.

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

This property features a garage with space for 1 cars.

What type of garage does this property have?

This property includes an Underground garage with space for 1 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 $827.51.

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 508 - 100 Observatory Lane, Richmond Hill

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Listing History

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