Townhouse for sale at 7-23 Observatory Lane, Richmond Hill, Ontario, L4C 0M7 - Observatory - MLS: N13127918

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7-23 Observatory Lane

Richmond Hill, Ontario, L4C 0M7 - Observatory

$779,000

Neighbourhood

Observatory
Major Intersection

Yonge / 16th

Listed Since: 43 day(s)
Last update: today

Overview

Property Type

Condo Townhouse, 2-Storey
Bedrooms

2
Bathrooms

2
Square Feet

1200-1399
Exposure

Ew
Total Parking

2 (1 Built-In Garage)
Maintenance

$445
Taxes

$4,474.00 (2025)
Balcony

Open

Property Description

Property description for 7-23 Observatory Lane, Richmond Hill

Oversized End Unit. 1335 Sq Ft. Great Kitchen, Balcony, All 5 Appliances. Excellent Location! Bus Stop Right At The Door. Close To Shopping, Schools, Transportation, Theatres Are Walking Distance. The pictures have been virtually staged with furniture and decor.

Listed by UPPERSIDE REAL ESTATE LIMITED

Property details

MLS #

N13127918
Sq. Ft

1200-1399
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

Built-In, 1 spaces
Parking Type

Owned
Locker

None
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

Hydro, Parking, Water
Property Management

Buttonwood Property Management Inc.
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 #

N13127918
Sq. Ft

1200-1399
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

Built-In, 1 spaces
Parking Type

Owned
Locker

None
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

Hydro, Parking, Water
Property Management

Buttonwood Property Management Inc.
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

6.1 x 4.6 ft Main level

W/O To Balcony, Broadloom
Dining

6.1 x 4.6 ft Main level

Combined W/Living
Kitchen

3.66 x 2.41 ft Main level

Ceramic Floor
Breakfast

2.5 x 2.2 ft Main level
Primary

5.0 x 3.66 ft 2nd level

W/I Closet
2nd Br

4.6 x 3.05 ft 2nd level

Broadloom, W/I Closet

Contact Manoj Kukreja

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

Property History

Property history for 7-23 Observatory Lane, Richmond Hill

This property has been sold 5 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

Local Real Estate Price Trends for Condo Townhouse in Observatory

Active listings

Average Selling Price of a Condo Townhouse

May 2026

$1,700,000

Last 3 Months

$1,112,733

Last 12 Months

$808,997

May 2025

$872,000

Last 3 Months LY

$556,333

Last 12 Months LY

$824,064

Change

95%

Change

100%

Change

-2%

Historical Average Selling Price of a Condo Townhouse in Observatory

Average Selling Price

3 years ago

$881,500

Average Selling Price

5 years ago

$737,267

Average Selling Price

10 years ago

$568,967

Change

93%

Change

131%

Change

199%

How many days Condo Townhouse takes to sell (DOM)

May 2026

Last 3 Months

Last 12 Months

May 2025

Last 3 Months LY

Last 12 Months LY

Change

76%

Change

142%

Change

81%

Average Selling price

Mortgage Calculator

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Amortization

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Down Payment ($)

Down Payment (%)

Closing Cost Calculator

This data is for informational purposes only.

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.

Contact Manoj Kukreja

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

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