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43.73° N · 79.40° W — Toronto & nearby · 9,702 homes for sale today43.73° N · 79.40° W — 9,702 homes today(647) 554-7436Saved

43.8578° N · 79.4321° W — Observatory, Richmond Hill — MLS® #N13871530

26-23 Observatory Lane

$825,000

Observatory, Richmond Hill, Ontario L4C 0M7

3
BedroomsBeds
3
BathroomsBaths
1600-1799 sqft1600-1799
SizeSq ft

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In short · from the listing record

26-23 Observatory Lane is a 3-bedroom, 3-bathroom condo townhouse in Observatory, Richmond Hill, listed for sale at an asking price of $825,000 (MLS® N13871530).

Welcome To This Well Maintained 3 Bedroom, 3 Bathroom Townhouse Offers A Bright And Functional Layout With An Open Living And Dining Area Highlighted By A Large Window That Fills The Space With Natural Light. The Good Size Kitchen Features Upgraded Countertop, Sink And Faucet, Along With Newer Stainless Steel Appliances Including An Induction Stove. A Stylish Powder Room With An Upgraded Vanity Completes The Main Level. The Upper Floors Provide 3 Spacious Bedrooms And 2 Bathrooms, Including A Primary Bedroom With 4pc Ensuite And Walk-In Closet. Low Maintenance Fee Including Water, Plus The Convenience Of 1 Garage Parking And An Additional Driveway Parking Space. Enjoy Beautiful Landscaping. All Set In A Prime Location Close To Parks, Schools, Shopping, Restaurants, Transit And Major Highways.

Listing readings

How it measures up

Scores from the listing record and the market around it.

  • 71Good

    Condition score

    1 documented update signal

    Listing age, structured features and disclosed update language; not an inspection.

  • 35Shortfall

    Cash flow quality

    −$1,119/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Median of 21 condos with 3 bedrooms for lease in Richmond Hill right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

The data table

Every fact

Everything the board publishes for this home.

Tax
$4,051 / 2026
MLS® number
N13871530
Board
TRREB MLS®
Property Type
Condo Townhouse
Time on market
Size
1600-1799 sqft
Listed on
Parking
1 Built-In, 2 Parking

Listing history

Listing activity for 26-23 Observatory Lane, Richmond Hill, Ontario

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$825,000N/AScN13871530

Inside

Room by room

From the listing.

Main4 rooms
  • Living4.21 × 5.98 mLarge Window, Open Concept, Combined W/Dining
  • Dining4.21 × 5.98 mOpen Concept, Combined W/Living
  • Kitchen2.93 × 3.33 mStainless Steel Appl, Backsplash, Double Sink
  • Breakfast2.53 × 4.33 mLarge Window, Open Concept, W/O To Balcony
2nd2 rooms
  • 2nd Br4.34 × 4.86 mSemi Ensuite, W/I Closet, Large Window
  • 3rd Br3.01 × 4.3 mSemi Ensuite, Large Closet, Large Window
3rd1 room
  • Primary4.27 × 7.3 m4 Pc Ensuite, W/I Closet, Large Window

Property

Property Type
Condo Townhouse
Style
3-Storey
Community
Observatory
Municipality
Richmond Hill

Building

Size
1600-1799 sqft
Construction
Brick

Inside

Bedrooms
3
Bathrooms
3
Bathroom Details
1 × 2pc Main, 1 × 4pc 2nd, 1 × 4pc 3rd
Basement Type
Walk-Out
Kitchens
1

Parking

Garage Type
Built-In
Garage
1
Additional Parking
1
Total Parking
2

Utilities

Cooling
Central Air
Heating Type
Forced Air

Where it sits

The street and the area

Asking prices on the map.

Map and tour

Transit nearby

StationLinesDistance
Yonge / WeldrickYRT bus rapid transit: Viva Blue350 m
Yonge / 16th-CarrvilleYRT bus rapid transit: Viva Blue550 m
Yonge / Bantry-ScottYRT bus rapid transit: Viva Blue1.3 km
Yonge / Major MackenzieYRT bus rapid transit: Viva Blue1.4 km
Richmond Hill GOGO Transit train: Richmond Hill1.9 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; YRT schedule data (GTFS) from York Region Transit under the YRT Open Data Licence 2.0, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Contains public transit Information made available under YRT's Open Data Licence.

Around it

Condo Townhouse in Observatory

Active listings only, today.

Condos for sale in Observatory right now

For sale now
8
Median asking price
$719K

Middle half: $636K to $783K

New in 7 days
0

2 in 28 days

Price cuts
38%

3 listings

This home is asking 15% above the median, higher than three quarters of them.

See all homes in Observatory

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Site report

What the record says

What the City and the conservation authority have on file for this address.

Land transfer tax on this home

Ontario land transfer tax
$12,975
Total land transfer tax
$12,975
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$8,975
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $825,000
$8,500
Ontario total
$12,975

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Schools

Nearest schools

Straight-line distances. Check catchments with the board.

ElementaryEQAO average 2024–25

  • Sixteenth Avenue Public SchoolYork Region DSBPublic · grades JK–880%Grade 6 average850 m
  • Ross Doan Public SchoolYork Region DSBPublic · grades JK–580%Grade 3 average950 m
  • St Charles Garnier Catholic Elementary SchoolYork CDSBCatholic · grades JK–888%Grade 6 average1.3 km
  • ÉÉC Sainte-Marguerite-Bourgeoys-MarkhamConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–895%Grade 3 average6 km

SecondaryGrade 9 math 2024–25

  • Alexander MacKenzie High SchoolYork Region DSBPublic · grades 9–1277%Grade 9 math1.8 km
  • Langstaff Secondary SchoolYork Region DSBPublic · grades 9–12 · French Immersion53%Grade 9 math2.2 km
  • École secondaire Norval-MorrisseauConseil scolaire ViamondeFrench-language public · grades 9–1290%Grade 9 math2.3 km
  • Our Lady Queen of the World CA High SchoolYork CDSBCatholic · grades 9–12 · French Immersion79%Grade 9 math3.4 km

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

Searches this home is in

Keep looking

The ledger

What it costs to own

Worked out for this home. Change any number.

Price$825,000

A month, all in

$4,419

  • Mortgage$3,764
  • Property tax$338
  • Condo or maintenance fee$317

A planning figure, not a quote.

Land transfer tax

$12,975

$8,975 for first-time buyers.

Rent, similar homes

$3,300

a month, median asking rent of 21 similar homes in Richmond Hill.

Community

Who lives around it

Similar homes

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Shemeer Ahmad

Shemeer AhmadVALERY REAL ESTATE INC.

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(647) 554-7436

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