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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Richmond Hill
  • Observatory
  • 23 Observatory Lane
23-observatory-lane-richmond-hill-ontario-n12574124
23-observatory-lane-richmond-hill-ontario-n12574124
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  • Sold Sold in Dec 2025
  • Condo Townhouse

105 - 23 Observatory Lane

Richmond Hill, Observatory
  • 3 Bedrooms
  • 2 Bathrooms
  • 1 Garage
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Sold Price: $ 730,000
4.43%
Listed Price: $ 699,000
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Room Details of 105 - 23 Observatory Lane, Richmond Hill

FloorBedroomsBathrooms
Second 3 *

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Key Facts About 105 - 23 Observatory Lane, Richmond Hill

  • Tax $3,516 / 2025
  • Property Type Condo
  • Building Type Condo Townhouse
  • Building Style 2-Storey
  • Maintenance Fees $310
  • Size 1200 - 1399 feet²
  • Parking 1 garage, 1 parking
  • Basement Other
  • Listing # N12574124
  • Data Source PROPTX
  • Days on Market 21
  • Listed On 25/11/2025
  • Updated On 17/12/2025
  • Market Demand
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Description

Newly renovated gorgeous townhouse in the heart of Richmond Hill, featuring a bright and spacious layout with 9 ft ceilings on the main floor. The open-concept living and dining area offers hardwood floors and large windows, while the upgraded eat-in kitchen includes vinyl flooring and a walk-out to a private balcony. The second floor provides a generous primary bedroom with a mirrored closet and semi-ensuite, plus two additional bedrooms with laminate floors, closets, and windows. The lower level includes a large laundry area with ceramic floo

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Property Details of 105 - 23 Observatory Lane, Richmond Hill

Property

  • Property Type Condo Townhouse
  • Style 2-Storey
  • Community Observatory
  • Municipality Richmond Hill

Inside

  • Bedrooms 3
  • Bathrooms 2
  • Bathroom Details 1, 4pc
  • Bathroom Details 1, 2pc
  • Basement Other
  • Kitchen 1
  • Rooms 7
  • 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 2-Storey
  • Exterior Feature Brick
  • Amenities BBQs Allowed, Visitor Parking

Parking

  • Drive Way Private
  • Garage Type Built-In
  • Garage 1
  • Parking Places 1
  • Total Parking Places 2

Land

  • Cross Street Yonge & 16th Avenue

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Our Estimate

See Real Estate Market Trends in Richmond Hill

Estimated Rent

$ 3,160

Rental Yield

4.62%

School Score

8.8/10

Rental Score

4.5/5

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Rooms

Laundry (4.8X3.71 metre)
Laundry
Level: Lower
Dining Room (6.28 metre)
Dining Room
Level: Main
Kitchen (4.4 metre)
Kitchen
Level: Main
Primary Bedroom (4.3 metre)
Primary Bedroom
Level: Second
Bedroom 2 (3.05 metre)
Bedroom 2
Level: Second
Bedroom 3 (3.2 metre)
Bedroom 3
Level: Second
Living Room (6.28 metre)
Living Room
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

$879

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $310
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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 105 - 23 Observatory Lane, Richmond Hill

Nestled in the charming community of Observatory, this stunning townhouse for sale in Richmond Hill at 23 Observatory Lane, Richmond Hill, is a true gem that has been newly renovated to perfection. With its bright and spacious layout, this two-storey condo townhouse offers a delightful living experience that is both modern and inviting.

As you step inside, you'll be greeted by an open-concept living and dining area that boasts impressive 9 ft ceilings on the main floor. The hardwood floors gleam under the natural light streaming through the large windows, creating a warm and welcoming atmosphere. This is the perfect space for entertaining friends or enjoying quiet evenings at home. The upgraded eat-in kitchen, also located on the main floor, features hardwood flooring and provides direct access to a private balcony, ideal for enjoying your morning coffee or unwinding after a long day.

This townhouse for sale in Richmond Hill offers three well-appointed bedrooms, making it perfect for families or those who require extra space. The generous primary bedroom is a true retreat, complete with a mirrored closet and a semi-ensuite bathroom, ensuring convenience and comfort. The additional two bedrooms are equipped with laminate floors, ample closet space, and large windows that allow for plenty of natural light. With a total of two bathrooms in the home, there is no shortage of convenience for busy mornings.

While this lovely townhouse does not feature a family room, it compensates with a well-designed lower level that includes a spacious laundry area with ceramic flooring and direct access to the built-in garage. This practical layout ensures that your daily routines are both efficient and hassle-free. The property also includes a private driveway and an additional parking space, making it easy for you and your guests to come and go as you please.

Situated in a quiet, family-friendly neighbourhood, this townhouse for sale in Richmond Hill at 23 Observatory Lane, Richmond Hill, is just steps away from Hillcrest Mall, where you can find a variety of shops and dining options. Supermarkets, restaurants, parks, and scenic trails are all within easy reach, ensuring that you have everything you need right at your doorstep. Public transit is conveniently accessible, and with quick access to the GO Station and Hwy 404, commuting to other parts of the city is a breeze.

In terms of amenities, this home is equipped with central air conditioning to keep you cool during the warmer months. While there is no pool or fireplace, the overall design and layout of the townhouse more than make up for these features. The property is unfurnished, allowing you the freedom to personalise the space to your taste and style.

This townhouse for sale in Richmond Hill truly embodies the perfect blend of comfort and convenience. Whether you are a growing family or a professional seeking a peaceful retreat after a busy day, 23 Observatory Lane, Richmond Hill, offers an ideal setting. With its modern renovations and prime location, this home is move-in ready and waiting for you to make it your own.

Don't miss out on the opportunity to own this exceptional townhouse for sale in Richmond Hill. With its appealing features and fantastic location, 23 Observatory Lane, Richmond Hill, is sure to attract interest. Schedule a viewing today and see for yourself what makes this property so special!

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 parks and scenic landscapes, it serves as a focal point for local residents and visitors alike, fostering a sense of connection to the environment. The Observatory is designed to promote engagement with the surrounding nature, featuring walking trails, picnic areas, and educational programmes that highlight the area's rich biodiversity. With its welcoming atmosphere and commitment to sustainability, the Community Observatory is an ideal place for those seeking a harmonious balance between community life and the great outdoors in Richmond Hill.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within a short distance, you will find Ross Doan Public School (0.8 km), which offers elementary education for grades JK to 3, and Sixteenth Avenue Public School (1.0 km), providing a robust curriculum from JK to grade 8 with a commendable school rating of 8.6. For secondary education, Alexander Mackenzie High School (1.9 km) and Langstaff Secondary School (2.0 km) cater to grades 9 to 12, with ratings of 8.2 and 5.8, respectively. Additionally, Doncrest Public School (2.9 km) offers French language instruction for grade 1 and boasts an impressive rating of 9.2. The area also features Catholic schools such as St. Charles Garnier Elementary (1.2 km) and Our Lady Queen of the World CA (3.5 km), the latter providing secondary education with a solid rating of 8. Overall, the diverse range of nearby schools, including options for both public and Catholic education, ensures that families have access to quality learning environments suited to their needs.

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 it is noteworthy that 30% of the population is classified as low-income. The real estate market reflects a median property price of $684,000, with 54.5% of residents renting their homes, while 66.5% of properties are condominiums. The community is characterized by a significant proportion of single individuals, making up 52.3% of the population, and households with children represent 34.26%. A diverse demographic is evident, with 64.16% of residents being immigrants. Educational attainment is high, with 65.9% of the population holding a college or university degree. However, a considerable portion of the community, 42.41%, is not actively participating in the labor force. This combination of factors highlights a vibrant, diverse, and educated community, albeit with challenges related to income and employment.

FAQs About 105 - 23 Observatory Lane, Richmond Hill

How many bathrooms does this property have?

This property features 2 bathroom(s) and 3 bedroom(s).

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

This Condo Townhouse property does not have an additional bedroom or a den.

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 1200 - 1399.

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 Other 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 $310.00.

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 105 - 23 Observatory Lane, Richmond Hill

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Listing History

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