Condo for sale at 502-100 Observatory Lane, Richmond Hill, Ontario, L4C 1T4 - Observatory - MLS: N12748380

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502-100 Observatory Lane

Richmond Hill, Ontario, L4C 1T4 - Observatory

$649,900

Virtual Tour

Neighbourhood

Observatory
Major Intersection

Yonge St & Observatory Lane

Listed Since: 19 day(s)
Last update: today

Virtual Tour

Overview

Property Type

Condo Apt, Apartment
Bedrooms

2
Bathrooms

2
Square Feet

1000-1199
Exposure

South East
Total Parking

1 Underground Garage
Maintenance

$1,001
Taxes

$2,483.73 (2025)
Balcony

Open

Property Description

Property description for 502-100 Observatory Lane, Richmond Hill

The Observatory Condo - Spacious 2-bedroom suite in a prime Richmond Hill location. Bright and well-maintained residence steps to Hillcrest Mall, transit, parks, grocery stores, and restaurants. Functional layout with walk-out to private balcony, ample storage, and large primary bedroom with walk-in closet and 4-pc ensuite. Newly renovated kitchen (2026) and living/dining rooms freshly painted (2026). Located in a sought-after Tridel-built community offering indoor pool, sauna, hot tub, fitness centre, tennis court, guest suite, library, party/meeting room, and games room. Includes fridge, stove, built-in dishwasher, washer/dryer, all existing light fixtures, electronic window coverings, parking, and locker. Additional updates include new living area flooring, LG stacked washer/dryer, custom closet organizers, new baseboards, and new balcony decking. All-inclusive maintenance fees (excl. property taxes).

Listed by RE/MAX WEST REALTY INC.

Property details

MLS #

N12748380
Sq. Ft

1000-1199
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

City, Garden, Park/Greenbelt, Trees/Woods
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

Owned
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, Parking, Water
Property Management

Property Wright 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 #

N12748380
Sq. Ft

1000-1199
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

City, Garden, Park/Greenbelt, Trees/Woods
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

Owned
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, Parking, Water
Property Management

Property Wright 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

4.32 x 5.79 ft Flat level

Laminate, Pass Through, W/O To Balcony
Dining

2.77 x 2.18 ft Flat level

Laminate, Pass Through
Kitchen

3.0 x 2.21 ft Flat level

Laminate, O/Looks Dining
Primary

6.02 x 3.12 ft Flat level

Laminate, W/I Closet, 4 Pc Ensuite
2nd Br

3.56 x 2.67 ft Flat level

Laminate, Double Closet

Contact Manoj Kukreja

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

Property History

Property history for 502-100 Observatory Lane, Richmond Hill

This property has been sold 2 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

Local Real Estate Price Trends for Condo Apt in Observatory

Active listings

Average Selling Price of a Condo Apt

January 2026

$522,000

Last 3 Months

$570,667

Last 12 Months

$590,910

January 2025

$557,500

Last 3 Months LY

$612,944

Last 12 Months LY

$689,486

Change

-6%

Change

-7%

Change

-14%

Historical Average Selling Price of a Condo Apt in Observatory

Average Selling Price

3 years ago

$627,500

Average Selling Price

5 years ago

$505,633

Average Selling Price

10 years ago

$432,500

Change

-17%

Change

21%

How many days Condo Apt takes to sell (DOM)

January 2026

Last 3 Months

Last 12 Months

January 2025

Last 3 Months LY

Last 12 Months LY

Change

63%

Change

-7%

Change

-10%

Average Selling price

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Closing Cost Calculator

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First time home buyer

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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.