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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Richmond Hill
  • Observatory
  • 23 Observatory Lane
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  • Sold Sold in Feb 2026
  • Condo Townhouse

286 - 23 Observatory Lane

Richmond Hill, Observatory
  • 3 + 1 Bedrooms
  • 4 Bathrooms
  • 1 Garage
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Sold Price: $ 910,000
7.99%
Listed Price: $ 989,000
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Room Details of 286 - 23 Observatory Lane, Richmond Hill

FloorBedroomsBathrooms
Basement * 1
Ground 1 1
Second * 2
Third 3 *

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Key Facts About 286 - 23 Observatory Lane, Richmond Hill

  • Tax $4,194 / 2024
  • Property Type Condo
  • Building Type Condo Townhouse
  • Building Style 3-Storey
  • Maintenance Fees $325
  • Size 1800 - 1999 feet²
  • Parking 1 garage, 1 parking
  • Basement Finished, Walk-Out
  • Listing # N12564876
  • Data Source PROPTX
  • Days on Market 96
  • Listed On 21/11/2025
  • Updated On 08/03/2026
  • Market Demand
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Description

The Perfect Home Is Awaiting For You! Prime Location in the Heart of Richmond Hill Renovated Top To Bottom 3+1 Bedrooms, 4 Bathrooms With 9Ft Ceilings. Offering A Spacious Open Concept Layout, Large Windows, Very Bright And Charming. New Kitchen Cabinets, Backsplash, Granite Counters, Upgraded Bathroom Quartz Counters And Much More. Enjoy Your Mornings On The Walk Out Deck Overlooking Mature Trees! Nestled In A Quiet Enclave Of Townhomes, Steps To Yonge Str., Hillcrest Mall, The Community Centre, Library, Wave Pool, Bridgeview Park With Beautif

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Property Details of 286 - 23 Observatory Lane, Richmond Hill

Property

  • Property Type Condo Townhouse
  • Style 3-Storey
  • Community Observatory
  • Municipality Richmond Hill

Inside

  • Bedrooms 3
  • Bathrooms 4
  • Bathroom Details 1, 3pc Basement
  • Bathroom Details 1, 2pc Main
  • Bathroom Details 1, 4pc Second
  • Bathroom Details 1, 4pc Second
  • Basement Finished, Walk-Out
  • Kitchen 1
  • Rooms 7
  • Family Rooms Y
  • Central Vac N
  • Fireplace N

Utilities

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

Building

  • Size 1800 - 1999 feet²
  • Architecture Style 3-Storey
  • Exterior Feature Brick

Parking

  • Garage Type Built-In
  • Garage 1
  • Parking Places 1
  • Total Parking Places 2

Land

  • Cross Street Yonge/16th Ave

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Our Estimate

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Estimated Rent

$ 3,795

Rental Yield

4.26%

School Score

8.2/10

Rental Score

4.5/5

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Rooms

Dining Room (8.38X4.18 metre)
Level: Second
Kitchen (5.96X4.07 metre)
Level: Second
Primary Bedroom (6.65X4.16 metre)
Level: Third
Bedroom 2 (3.84X3.01 metre)
Level: Third
Bedroom 3 (3.16X3.1 metre)
Level: Third
Family Room (4.34X3.75 metre)
Level: Ground
Foyer (5.36X1.5 metre)
Level: In Between
Living Room (8.38X4.18 metre)
Level: Second

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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

$894

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $325
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Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 286 - 23 Observatory Lane, Richmond Hill

Introducing a stunning townhouse for sale in Richmond Hill , located at 23 Observatory Lane, Richmond Hill. This beautifully renovated three-storey condo townhouse is a perfect blend of modern living and comfort, offering an impressive array of features that cater to a variety of lifestyles. With three spacious bedrooms and an additional den, this property is ideal for families, professionals, or anyone seeking a welcoming home in a prime location.

As you enter this delightful residence at 23 Observatory Lane, Richmond Hill, you will immediately appreciate the open-concept layout that is both spacious and inviting. The large windows throughout the home allow natural light to flood in, creating a bright and charming atmosphere. The property boasts 9-foot ceilings, enhancing the sense of space and openness. The main living areas are designed for comfort and functionality, making it easy to entertain guests or enjoy quiet family evenings.

The kitchen, situated on the second floor, is a true highlight of this townhouse for sale in Richmond Hill. It features newly installed cabinets, a stylish backsplash, and elegant granite countertops, all of which contribute to a contemporary aesthetic. The upgraded bathrooms, complete with quartz counters, add a touch of luxury to the home. With a total of four bathrooms, including a convenient three-piece bath on the ground level, this townhouse is designed to accommodate the needs of a busy household.

For those who appreciate outdoor living, the walk-out deck offers a serene space to enjoy your mornings while overlooking mature trees. This tranquil setting is perfect for sipping your morning coffee or unwinding after a long day. Nestled in a quiet enclave of townhomes, 23 Observatory Lane, Richmond Hill, provides a peaceful retreat while still being close to the vibrant amenities of the area.

The location of this townhouse for sale in Richmond Hill is truly unbeatable. Just steps away from Yonge Street, residents will find themselves in close proximity to Hillcrest Mall, the community centre, library, and Wave Pool. For families, Bridgeview Park is nearby, featuring beautiful trails, a playground for children, and a splash pad for those hot summer days. A variety of restaurants, supermarkets, and public transit options are also within easy reach, making daily errands a breeze.

Accessibility is another key feature of this property. With easy access to the GO Station and a short drive to Highways 407 and 404, commuting to work or exploring the greater York area is convenient. Additionally, Mackenzie Health Hospital is just a short distance away, ensuring that healthcare needs are easily met. The upcoming subway extension will further enhance connectivity, making this townhouse for sale in Richmond Hill an even more attractive option for potential buyers.

This property is not only ideal for first-time buyers but also presents excellent in-law potential or the opportunity to generate additional income by renting out the ground-level separate room with its own three-piece bath. The versatility of this home makes it a smart investment for those looking to maximise their living space.

Education is a priority in this community, with top-rated schools nearby, including the Alexander Mackenzie International Baccalaureate Programme and Sixteenth Avenue Public School. Families will appreciate the quality of education available in the area, making this townhouse for sale in Richmond Hill an excellent choice for those with children.

In summary, 23 Observatory Lane, Richmond Hill, is a remarkable townhouse that combines modern amenities with a prime location. With its spacious layout, stylish finishes, and proximity to essential services and recreational facilities, this property is truly a perfect home awaiting its new owners. Don’t miss the opportunity to make this exceptional townhouse for sale in Richmond Hill your own. Move in and enjoy all that this wonderful community has to offer!

The Community Observatory in Richmond Hill is a vibrant geographic hub that offers a unique blend of natural beauty and urban convenience. Nestled amidst lush green spaces and scenic parks, it serves as a focal point for residents and visitors alike, fostering a sense of connection with the surrounding environment. The Observatory features well-maintained walking trails, picnic areas, and recreational facilities, making it an ideal spot for outdoor enthusiasts and families. With its proximity to local amenities, shops, and cultural attractions, the area provides a perfect balance of tranquility and accessibility, making it an inviting place for potential residents seeking a harmonious lifestyle in a thriving community.

Schools in the Neighbourhood

This property is ideally situated near several reputable schools, providing excellent educational opportunities for families. The closest option is Sixteenth Avenue Public School, an elementary school just 0.8 km away, rated 8.6, offering grades JK to 8 in English. For secondary education, Alexander Mackenzie High School is located 1.9 km from the property, with a solid rating of 8.2, catering to grades 9 to 12. Other nearby elementary schools include Doncrest Public School, which offers French instruction and boasts a high rating of 9.2, and Adrienne Clarkson Public School, although it currently has a rating of 0. Langstaff Secondary School, also nearby at 2.1 km, has a rating of 5.8. Families seeking Catholic education will find St. Charles Garnier Catholic Elementary School 1.3 km away, although it currently has no rating. For secondary Catholic education, Our Lady Queen of the World CA is 3.4 km away, rated 8. This diverse array of schools, both public and Catholic, ensures that families have access to quality education in various languages and curriculums, enhancing the appeal of this property for potential buyers.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of approximately 1,951 residents, with an average household size of two individuals. The demographic profile reveals an average age of 44.9 years, indicating a mature community. The average household income stands at $72,200, but 30% of the population is classified as low-income, highlighting economic diversity. The real estate market is characterized by an average home price of $684,000, with 54.5% of residents being renters and a significant 66.5% living in condominiums. Socially, the community is predominantly single, with 52.3% of the population identifying as such, and 34.26% of households include children. Notably, a substantial 64.16% of the residents are immigrants, contributing to the area's cultural richness. Education levels are high, with 65.9% of the population holding a college or university degree. However, a significant portion, 42.41%, is not participating in the labor force, which may impact local economic dynamics. Overall, this community presents a blend of educational attainment, diverse income levels, and a mix of family structures, making it a unique place to consider for potential homeowners or investors.

FAQs About 286 - 23 Observatory Lane, Richmond Hill

How many bathrooms does this property have?

This property features 4 bathroom(s) and 3 bedroom(s).

Does this 3 bedroom property have additional bedrooms or a den?

This Condo Townhouse property includes 1 additional bedrooms.

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

The total square footage of this Condo Townhouse 3 bed property in Richmond Hill is 1800 - 1999.

How many parking spaces are available with this property?

23 Observatory Lane boasts 1 convenient parking spaces.

How many cars can be parked in the garage of 23 Observatory Lane?

This property features a garage with space for 1 cars.

What type of garage does this property have?

This property includes an Built-In garage with space for 1 cars.

Does this property have a basement?

Yes, this property has a basement.

What type of basement is it?

This property features Finished, Walk-Out basement.

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 $325.00.

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 286 - 23 Observatory Lane, Richmond Hill

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