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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Richmond Hill
  • Observatory
  • 100 Observatory Lane
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  • Terminated Terminated 24 days ago
  • Condo Apt

502 - 100 Observatory Lane

Richmond Hill, Observatory
  • 2 Bedrooms
  • 2 Bathrooms
  • 1 Garage
  • Share
Listed for: $ 649,900
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Key Facts About 502 - 100 Observatory Lane, Richmond Hill

  • Tax $2,484 / 2025
  • Property Type Condo
  • Building Type Condo Apt
  • Building Style Apartment
  • Maintenance Fees $1000.58
  • Size 1000 - 1199 feet²
  • Listing # N12748380
  • Data Source PROPTX
  • Days on Market 146
  • Listed On 02/02/2026
  • Updated On 29/06/2026
  • Market Demand
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Description

The Observatory Condo - Spacious 2-bedroom suite in a prime Richmond Hill location. Bright and well-maintained residence steps to Hillcrest Mall, transit, parks, grocery stores, and restaurants. Functional layout with walk-out to private balcony, ample storage, and large primary bedroom with walk-in closet and 4-pc ensuite. Newly renovated kitchen (2026) and living/dining rooms freshly painted (2026). Located in a sought-after Tridel-built community offering indoor pool, sauna, hot tub, fitness centre, tennis court, guest suite, library, party/

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Property Details of 502 - 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, 4pc
  • Bathroom Details 1, 3pc
  • 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 1000 - 1199 feet²
  • Architecture Style Apartment
  • Exterior Feature Brick

Parking

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

Land

  • Cross Street Yonge St & Observatory Lane

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Our Estimate

See Real Estate Market Trends in Richmond Hill

Estimated Rent

$ 3,054

Rental Yield

5.21%

School Score

8.8/10

Rental Score

5/5

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Rooms

Dining Room (2.77X2.18 metre)
Level: Flat
Bedroom 2 (3.56X2.67 metre)
Level: Flat
Kitchen (3X2.21 metre)
Level: Flat
Primary Bedroom (6.02X3.12 metre)
Level: Flat
Living Room (4.32X5.79 metre)
Level: Flat

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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

$1,570

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $1,001
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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 502 - 100 Observatory Lane, Richmond Hill

Welcome to the stunning apartment for sale in Richmond Hill , located at 100 Observatory Lane, Richmond Hill. This spacious 2-bedroom suite is nestled in the highly sought-after Observatory community, making it a prime choice for those looking to enjoy the vibrant lifestyle that Richmond Hill has to offer. With a bright and well-maintained interior, this condo apartment is just a stone's throw away from Hillcrest Mall, public transport, parks, grocery stores, and a variety of restaurants, ensuring that all your daily needs are conveniently met.

As you step into this lovely apartment for sale in Richmond Hill, you will immediately appreciate the functional layout that maximises space and comfort. The suite boasts a total of five rooms, including two generous bedrooms and two well-appointed bathrooms. The large primary bedroom features a walk-in closet and a luxurious 4-piece ensuite, providing a private retreat for relaxation. The second bedroom is equally spacious, perfect for guests or a home office.

One of the standout features of this apartment for sale in Richmond Hill is the newly renovated kitchen, completed in 2026. It offers a modern flat design that is both stylish and functional, making it a delight for anyone who enjoys cooking. The living and dining areas have also been freshly painted in 2026, giving the entire space a contemporary feel. The walk-out to a private balcony allows for a lovely outdoor space to unwind, sip your morning coffee, or enjoy the evening breeze.

While this apartment does not come with a pool, fireplace, or family room, it compensates with its excellent amenities and location. Residents of this Tridel-built community have access to a variety of facilities, including an indoor pool, sauna, hot tub, fitness centre, tennis court, guest suite, library, party/meeting room, and games room. These features create a vibrant community atmosphere, perfect for socialising and staying active.

At 100 Observatory Lane, Richmond Hill, you will find additional conveniences that enhance your living experience. The apartment is unfurnished, allowing you to personalise the space to your taste. It comes with essential appliances, including a fridge, stove, built-in dishwasher, and an LG stacked washer/dryer. Furthermore, the suite includes all existing light fixtures and electronic window coverings, ensuring you have everything you need to move in comfortably.

Parking is a breeze with one designated underground garage space, providing secure and convenient access to your vehicle. While there is no additional land or central vacuum system, the apartment does feature central air conditioning, ensuring a comfortable environment throughout the year. The maintenance fees are all-inclusive, excluding property taxes, making budgeting straightforward and hassle-free.

The location of this apartment for sale in Richmond Hill at 100 Observatory Lane, Richmond Hill, is truly unbeatable. The Observatory community is known for its friendly atmosphere and proximity to various amenities. Whether you’re looking to enjoy a day out shopping, dining, or simply taking a stroll in one of the nearby parks, everything is within easy reach.

In summary, if you are searching for a well-appointed apartment for sale in Richmond Hill, look no further than this exceptional offering at 100 Observatory Lane, Richmond Hill. With its spacious layout, modern amenities, and prime location, this condo apartment is an ideal choice for anyone looking to embrace the Richmond Hill lifestyle. Don't miss out on this opportunity to make this lovely suite your new home!

The Community Observatory in Richmond Hill is a vibrant geographic hub that offers residents a unique blend of natural beauty and urban convenience. Nestled amidst lush green spaces and scenic parks, it serves as a focal point for outdoor activities and social gatherings. The Observatory itself provides stunning views of the surrounding landscape, making it a popular spot for both stargazing and community events. With well-maintained walking trails, recreational facilities, and a welcoming atmosphere, this area fosters a strong sense of belonging among its residents, while also promoting an active lifestyle and appreciation for the environment. Whether you're enjoying a leisurely stroll or participating in local events, the Community Observatory is an inviting space that enhances the quality of life in Richmond Hill.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an ideal choice for families. The closest educational institution is Sixteenth Avenue Public School, an elementary school just 0.8 km away, which offers grades JK to 8 and boasts a commendable school rating of 8.6. For secondary education, Alexander Mackenzie High School is situated 1.8 km from the property, providing grades 9 to 12 with a rating of 8.2. Additionally, Doncrest Public School, known for its French language instruction, is located 2.8 km away and has an impressive rating of 9.2. Other nearby schools include Adrienne Clarkson Public School and Langstaff Secondary School, which offer a mix of French and English instruction. Catholic education options are also available, with St. Charles Garnier Catholic Elementary School and Our Lady Queen of the World CA providing quality education within a 3.1 km radius. Overall, the area is well-served by a variety of public and Catholic schools, ensuring that children have access to quality education in both English and French, catering to diverse learning needs.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 880 residents, with an average household size of 1.9 individuals. The demographic profile reveals an aging population, with an average age of 59 years. Economic indicators show an average household income of $74,800, though 14% of the population falls within the low-income bracket. The real estate market reflects a median property price of $696,000, with a significant portion of the community being single (46.67%) and 26.53% of households having children. Notably, the area has a high immigrant population, comprising 60.71% of residents, which contributes to its diverse cultural landscape. Renters make up a modest 12.9% of the population, while the majority of housing consists of condominiums, accounting for 83.87% of the local real estate. Educational attainment is relatively high, with 64.1% of residents holding a college or university degree. However, a significant portion of the population, 61.54%, is not in the labor force, indicating potential challenges in economic engagement within the community. Overall, the area presents a unique blend of demographics that may appeal to various buyers and investors.

FAQs About 502 - 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 does not have an additional bedroom or a den.

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 1000 - 1199.

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 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 $1000.58.

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 502 - 100 Observatory Lane, Richmond Hill

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