Condo sold at 406-100 Observatory Lane, Richmond Hill, Ontario, L4C 1T4 - Observatory - MLS: N12723364

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406-100 Observatory Lane

Richmond Hill, Ontario, L4C 1T4 - Observatory

$649,000$000000

Virtual Tour

Neighbourhood

Observatory
Major Intersection

Yonge/Observatory

Listed Since: 101 day(s)
Last update: 74 day(s) ago

Virtual Tour

Overview

Property Type

Condo Apt, Apartment
Bedrooms

2 + 1
Bathrooms

2
Square Feet

1000-1199
Exposure

West
Total Parking

1 Underground Garage
Maintenance

$1,174
Taxes

$2,808.00 (2025)
Balcony

Open

Property Description

Property description for 406-100 Observatory Lane, Richmond Hill

Welcome to Unit 406 at 100 Observatory Lane, Richmond Hill. This bright and spacious 2-bedroom plus solarium residence offers a functional layout ideal for comfortable living. The enclosed solarium provides flexible space for a home office, reading nook, or dining area, while the private balcony is perfect for enjoying fresh air and open views. Parking across from door! Rare Locker! Located in an excellent, very clean, top-managed building with a well-known high rating and reputation, this unit delivers both quality and peace of mind. Situated in a prime Richmond Hill location close to transit, shopping, parks, and everyday amenities, this is an outstanding opportunity for end-users or investors alike. Tennis courts, swimming pool, steps to Yonge Street, walk to all amenities.

Listed by RE/MAX HALLMARK YORK GROUP REALTY LTD.

Property details

MLS #

N12723364
Sq. Ft

1000-1199
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

Underground, 1 spaces
Parking Type

Exclusive
Locker

Exclusive
Pets Permitted

Yes-with Restrictions
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

n/a
Maintenance Fee Includes

Heat, Hydro, Water
Property Management

Property Wright
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

MLS #

N12723364
Sq. Ft

1000-1199
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

Underground, 1 spaces
Parking Type

Exclusive
Locker

Exclusive
Pets Permitted

Yes-with Restrictions
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

n/a
Maintenance Fee Includes

Heat, Hydro, Water
Property Management

Property Wright
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

Living

6.67 x 3.17 ft Main level

Walk-Out, Combined W/Dining
Dining

4.7 x 3.6 ft Main level
Kitchen

4.42 x 2.21 ft Main level
Primary

7.05 x 3.26 ft Main level
2nd Br

4.41 x 2.55 ft Main level
Solarium

3.28 x 3.2 ft Main level
Laundry

2.59 x 1.67 ft Main level

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 406-100 Observatory Lane, Richmond Hill

This property has been sold 1 time before. Create your free account to explore sold prices, detailed property history, and more insider data.

Estimated price

Date

Price

Change

2026-01-23

$629,533

0.11%

Local Real Estate Price Trends for Condo Apt in Observatory

Active listings

Average Selling Price of a Condo Apt

April 2026

$488,600

Last 3 Months

$560,652

Last 12 Months

$612,190

April 2025

$711,500

Last 3 Months LY

$462,167

Last 12 Months LY

$623,056

Change

-31%

Change

21%

Change

-2%

Historical Average Selling Price of a Condo Apt in Observatory

Average Selling Price

3 years ago

$725,000

Average Selling Price

5 years ago

$723,429

Average Selling Price

10 years ago

$462,500

Change

-33%

Change

-32%

Change

How many days Condo Apt takes to sell (DOM)

April 2026

115

Last 3 Months

Last 12 Months

April 2025

Last 3 Months LY

Last 12 Months LY

Change

188%

Change

212%

Change

38%

Average Selling price

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Closing Cost Calculator

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Closing Cost Total for this property

Total Cash flow for purchasing this property

Purchase Price

First time home buyer

Down Payment($)

Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.