Townhouse for sale at 156 Observatory Lane, Richmond Hill, Ontario, L4C 8K8 - Observatory - MLS: N12458053

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156 Observatory Lane

Richmond Hill, Ontario, L4C 8K8 - Observatory

$1,059,000

Neighbourhood

Observatory
Major Intersection

Yonge St. & 16th Ave

Listed Since: 18 day(s)
Last update: today

Overview

Property Type

Att/Row/Twnhouse, 2-Storey
Bedrooms

3 + 1
Bathrooms

3
Basement

Full + Finished
Kitchen

1
Total Parking

3 (1 Built-In Garage)
Lot Size

20.01x100.16 (Feet)
Taxes

$4,291.00 (2025)
Type

Freehold

Property Description

Property description for 156 Observatory Lane, Richmond Hill

Do not miss this spacious Sun-filled Freehold Townhouse at Yonge and Weldrick! Steps To Yonge Street, Hillcrest Mall, Restaurants, Supermarkets, YRT, Viva, Go station, Parks, Hwy7 and 407 And Future Subway Station. Landscaped Front And Backyard. Spacious Easy Flow Layout. Huge family room above the garage can be easily converted to Large 4th Bedroom. Finished Lower Level Offers Large Recreation Room. Pot lights. Fenced Backyard. Excellent schools: Sixteenth Avenue 8.6, Adrienne Clarkson(French) 8.0, Alexander Mackenzie IB 8.2. Two parks with playgrounds nearby, school bus stop at Observatory and Nightstar. Floorplans in photos

Listed by MAIN STREET REALTY LTD.

Property details

MLS #

N12458053
Sq. Ft

1500-2000
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

Private
Garage

Built-In, 1 spaces
Total Parking

3
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

N
Roof

Asphalt Shingle
Foundation

Concrete
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

N12458053
Sq. Ft

1500-2000
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

Private
Garage

Built-In, 1 spaces
Total Parking

3
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

N
Roof

Asphalt Shingle
Foundation

Concrete
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Living

3.33 x 3.56 ft Main level

Pot Lights
Dining

4.11 x 4.63 ft Main level

Pot Lights, Large Window, O/Looks Backyard
Kitchen

2.46 x 6.29 ft Main level

Breakfast Area, W/O To Deck, Tile Floor
Foyer

2.91 x 2.34 ft Main level

Pot Lights
Family

2.9 x 5.84 ft In Betwn level

O/Looks Backyard
Primary

4.05 x 3.01 ft 2nd level

Closet, Large Window
2nd Br

2.33 x 5.71 ft 2nd level

B/I Closet
3rd Br

2.83 x 3.64 ft 2nd level
Office

2.97 x 3.96 ft Bsmt level

Laminate, Window
Rec

3.9 x 5.74 ft Bsmt level

Laminate, Window
Cold/Cant

1.7 x 2.2 ft Bsmt level
Laundry

2.71 x 2.36 ft Bsmt level

Saloon Doors

Contact Manoj Kukreja

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

Property History

Property history for 156 Observatory Lane, Richmond Hill

This property has been sold 6 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

Schools

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Neighbourhood Amenities & Points of Interest

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Local Real Estate Price Trends for Att/Row/Twnhouse in Observatory

Active listings

Average Selling Price of a Att/Row/Twnhouse

September 2025

$720,400

Last 3 Months

$502,800

Last 12 Months

$640,583

September 2024

$1,575,000

Last 3 Months LY

$1,206,889

Last 12 Months LY

$774,097

Change

-54%

Change

-58%

Change

-17%

Historical Average Selling Price of a Att/Row/Twnhouse in Observatory

Average Selling Price

3 years ago

$1,257,500

Average Selling Price

5 years ago

$711,825

Average Selling Price

10 years ago

$441,675

Change

-43%

Change

63%

How many days Att/Row/Twnhouse takes to sell (DOM)

September 2025

Last 3 Months

Last 12 Months

September 2024

Last 3 Months LY

Last 12 Months LY

Change

61%

Change

-25%

Change

-22%

Average Selling price

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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.