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Observatory, Richmond Hill
$1,799,000
Nestled in the prestigious Observatory community of Richmond Hill, this rarely offered 50-ft-wide detached home sits on a premium ravine lot, offering breathtaking natural views and exceptional privacy. The home features a well-designed layout with desirable south exposure, boasts 2,970 sq.ft. above grade, plus a fully finished legal basement. Extensively upgraded throughout (2026). The main level impresses with soaring 16 Ft ceilings and a grand oak spiral staircase with elegant iron cast railing. Engineered hardwood flooring runs throughout, complemented by smooth ceilings and modern light fixtures, creating a refined and contemporary ambiance. Offering 4 spacious bedrooms, including 2 ensuites. The primary retreat features a cozy sitting area with an upgraded fireplace, along with a brand new luxurious 5-piece ensuite complete with a smart toilet, glass walk-in shower, and a freestanding soaker tub overlooking the ravine backyard. Recent upgrades include a brand new roof, energy-efficient windows, and a fully renovated kitchen equipped with brand new stainless steel appliances. Additional highlights include a separate side entrance, second-floor laundry, a newly paved asphalt driveway, 200-amp electrical service, and EV charging wiring. Ideally located within walking distance to Hillcrest Mall, top-rated schools, parks, and everyday amenities. Steps to Richmond Hill Centre Terminal (YRT/VIVA) and Langstaff GO Station, with easy access to Hwy 407/404. A rare opportunity in one of Richmond Hill's most sought-after communities. Move in ready !
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2500-3000 sq. ft. |
| Property Tax | $8,825 |
| Lot Size | 49.23 ft x 109.73 ft |
| mls© Number | N13623672 |
| Listed By | AIMHOME REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $9,208
- Property tax
- $735
- Heat allowance
- $150
- Housing costs
- $10,093 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$311,000
gross annual household income
- Payment at 4%
- $7,570 / mo
- Cash down
- $359,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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