Condo sold at 505-100 Observatory Lane, Richmond Hill, Ontario, L4C 1T4 - Observatory - MLS: N13003510

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505-100 Observatory Lane

Richmond Hill, Ontario, L4C 1T4 - Observatory

$649,900

Neighbourhood

Observatory
Major Intersection

Yonge/Observatory

Listed Since: 21 day(s)
Last update: 7 day(s) ago

Overview

Property Type

Condo Apt, Apartment
Bedrooms

2 + 1
Bathrooms

2
Square Feet

1000-1199
Exposure

South West
Total Parking

1 Underground Garage
Maintenance

$1,153
Taxes

$2,749.00 (2025)
Balcony

Open

Property Description

Property description for 505-100 Observatory Lane, Richmond Hill

Prestigious Tridel condominium ideally situated close to parks, hospital, GO Transit, schools, and Hillcrest Mall. This beautifully renovated Newton model offers approximately 1,190 sq. ft. of bright, well-maintained living space. Featuring 2 spacious bedrooms plus a versatile solarium, which can easily serve as a third bedroom or den, complete with walk-out to a private balcony. Recent upgrades include new flooring throughout, fresh paint, modern light fixtures, updated closet doors, and a refreshed eat-in kitchen. Bathrooms have been tastefully updated with new vanities, faucets, and sliding doors for both the tub and shower. Proudly offered by the original owner, this spotless suite showcases true pride of ownership.

Listed by TRANSGLOBAL REALTY CORP.

Property details

MLS #

N13003510
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

None
Pets Permitted

N
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

Exercise Room,Indoor Pool,Recreation Room,Sauna,Tennis Court
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 #

N13003510
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

None
Pets Permitted

N
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

Exercise Room,Indoor Pool,Recreation Room,Sauna,Tennis Court
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

Kitchen

4.57 x 2.51 ft Main level

B/I Dishwasher, Vinyl Floor
Dining

3.5 x 2.59 ft Main level

Vinyl Floor, Combined W/Living
Living

6.81 x 3.25 ft Main level

Sliding Doors, Vinyl Floor, Combined W/Dining
Primary

5.35 x 3.2 ft Main level

4 Pc Ensuite, W/O To Balcony, Vinyl Floor
2nd Br

3.16 x 2.59 ft Main level

Vinyl Floor
Solarium

3.25 x 3.05 ft Main level

W/O To Balcony

Contact Manoj Kukreja

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

Property History

Property history for 505-100 Observatory Lane, Richmond Hill

This property has been sold 11 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

Estimated price

Date

Price

Change

2026-04-15

$636,962

1.73%

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

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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.