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$660,000Asking Price

100 Observatory Lane 502, Richmond Hill, ON L4C 1T4 #502

Observatory, Richmond Hill

Condo
2
Bedrooms
2
Baths
1
Parking
Days on Market

The Observatory Condo ! Spacious 2-Bedroom Condo in Prime Richmond Hill Location. Welcome to this bright and generously sized 2-bedroom suite perfectly situated in the heart of Richmond Hill just steps from Hillcrest Mall, public transit, parks, and everyday conveniences like groceries and restaurants. Thoughtfully designed layout with walk-out to a private balcony, ample storage throughout, and a large primary bedroom featuring a walk-in closet and a 4-piece ensuite bath. Located in a sought-after Tridel-built residence offering first-class amenities including an indoor pool, sauna, hot tub, fully equipped gym, tennis court, guest suite, library, party/meeting room, and games room. Extras: Fridge, stove, built-in dishwasher, washer & dryer, all existing light fixtures and electronic window coverings. Includes parking and locker. New flooring in living area ( not in front hall, bathrooms and kitchen) New LG Tower stacked Washer Dryer, All three closets have new organizers, new baseboards throughout the condo.. New decking on balcony. All-inclusive maintenance fees (excluding property taxes).

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Tour this home:

The Observatory Condo ! Spacious 2-Bedroom Condo in Prime Richmond Hill Location. Welcome to this bright and generously sized 2-bedroom suite perfectly situated in the heart of Richmond Hill just steps from Hillcrest Mall, public transit, parks, and everyday conveniences like groceries and restaurants. Thoughtfully designed layout with walk-out to a private balcony, ample storage throughout, and a large primary bedroom featuring a walk-in closet and a 4-piece ensuite bath. Located in a sought-after Tridel-built residence offering first-class amenities including an indoor pool, sauna, hot tub, fully equipped gym, tennis court, guest suite, library, party/meeting room, and games room. Extras: Fridge, stove, built-in dishwasher, washer & dryer, all existing light fixtures and electronic window coverings. Includes parking and locker. New flooring in living area ( not in front hall, bathrooms and kitchen) New LG Tower stacked Washer Dryer, All three closets have new organizers, new baseboards throughout the condo.. New decking on balcony. All-inclusive maintenance fees (excluding property taxes).

Key Info

  • Apartment Condo
  • 1 Parking
  • Yonge St & Observatory Lane
  • 1000-1199 Approximate Sq Feet
  • South-East Exposure
  • Open Balcony
  • No Ensuite Laundry
  • Owned Locker
  • Forced Air Gas Heating
  • Central Air

Property

  • $947 Monthly Condo Fees
  • Includes: Heat, Hydro, Water, Central A/C, Common Elements, Building Insurance, Parking.
  • Excludes: Cable TV
  • Taxes were $2,483 in 2025
  • Possession: 30-60 DAYS TBA

Details

  • Brick Exterior
  • No Fireplace
  • 1 Kitchen
  •  
  • Condo Corporation #594
  • Condo Registry Office: YRCP
  • MLS #N12268765
  • ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Extras

Room Floor Dimensions Details
1 Kitchen Flat 9.84' x 7.25' Ceramic Floor, Overlooks Dining
Washroom1 4-Piece Bathroom in Flat
Washroom1 3-Piece Bathroom in Flat

Who lives here?

Observatory, Richmond Hill is a north GTA neighbourhood notable for its singles, renters, salespeople and tradespeople. It has a higher than average population of immigrants, particularly those from Iran, and Persian and Russian speakers. Residents tend to be older with a significant number of adults aged 25 to 39 and 25 to 39 and seniors aged 65 to 74.

Families

Kids Per Family

1.2

kids per family
in the neighbourhood.

Richmond Hill  (1.3)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

45% of residents are
single and loving it.

45% singles

Richmond Hill (39%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

33% of residents
are renters.

33% renters

Richmond Hill (19%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

49% of residents are
university grads.

49% university grads

Richmond Hill (54%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$100K

is the average household
income in the neighbourhood.

Richmond Hill  ($137K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 15%
Business 11%
Sciences 8%
Management 6%
Government 6%

Immigrants

63% of residents were
born outside of Canada.

63% immigrants

Richmond Hill (59%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

China was once home to 10.9% of immigrants.
Iran 10.4%
Hong Kong 5.8%
Philippines 2.8%
Russia 2.6%

10.9% from China
All-time

Birthplace - Recent

Iran was once home to 2.8% of immigrants.
China 1.9%
Philippines 1.2%
Afghanistan 0.8%
Egypt 0.8%

2.8% from Iran
Recent

Foreign Languages

Foreign Languages

Persian 12%
Cantonese 10%
Russian 9%
Mandarin 8%
Arabic 3%

Religions

Religions

Christian 51%
Muslim 12%
Jewish 4%
Buddhist 2%
Sikh 2%