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$649,998Asking Price

100 Observatory Lane SE 502, Richmond Hill, ON L4C 1T4 #502

Observatory, Richmond Hill

Condo
2
Bedrooms
2
Baths
1
Parking
Day on Market

The Observatory Condo - Spacious 2-Bedroom Suite in a Prime Richmond Hill LocationWelcome to this bright and beautifully maintained two-bedroom residence located inthe heart of Richmond Hill, just steps from Hillcrest Mall, public transit, parks,grocery stores, and a variety of restaurants. The thoughtfully designed layoutfeatures a walk-out to a private balcony, ample storage throughout, and a largeprimary bedroom complete with a walk-in closet and a four-piece ensuite bath.Situated in a highly sought-after Tridel-built community, residents enjoy animpressive selection of amenities including an indoor pool, sauna, hot tub, fullyequipped fitness center, tennis court, guest suite, library, party and meetingroom, and games room. This suite includes a fridge, stove, built-in dishwasher,washer and dryer, all existing light fixtures, and electronic window coverings, aswell as parking and a locker. Recent updates include new flooring in the livingarea, a new LG stacked washer and dryer, custom closet organizers in all threeclosets, new baseboards throughout, and new decking on the balcony. Maintenancefees are all-inclusive, excluding property taxes.Experience the perfect combination of comfort, convenience, and quality living atThe Observatory.

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The Observatory Condo - Spacious 2-Bedroom Suite in a Prime Richmond Hill LocationWelcome to this bright and beautifully maintained two-bedroom residence located inthe heart of Richmond Hill, just steps from Hillcrest Mall, public transit, parks,grocery stores, and a variety of restaurants. The thoughtfully designed layoutfeatures a walk-out to a private balcony, ample storage throughout, and a largeprimary bedroom complete with a walk-in closet and a four-piece ensuite bath.Situated in a highly sought-after Tridel-built community, residents enjoy animpressive selection of amenities including an indoor pool, sauna, hot tub, fullyequipped fitness center, tennis court, guest suite, library, party and meetingroom, and games room. This suite includes a fridge, stove, built-in dishwasher,washer and dryer, all existing light fixtures, and electronic window coverings, aswell as parking and a locker. Recent updates include new flooring in the livingarea, a new LG stacked washer and dryer, custom closet organizers in all threeclosets, new baseboards throughout, and new decking on the balcony. Maintenancefees are all-inclusive, excluding property taxes.Experience the perfect combination of comfort, convenience, and quality living atThe Observatory.

Key Info

  • Apartment Condo
  • 1 Parking
  • Yonge St & Observatory Lane
  • 1000-1199 Approximate Sq Feet
  • South-East Exposure
  • Open Balcony
  • Ensuite Laundry
  • Owned Locker
  • Forced Air Gas Heating
  • Central Air

Property

  • $1,000 Monthly Condo Fees
  • Includes: Heat, Hydro, Water, Central A/C, Common Elements, Building Insurance, Parking.
  • Excludes: Cable TV
  • Taxes were $2,483 in 2025
  • Possession: Flexible

Details

  • Brick Exterior
  • No Fireplace
  • 1 Kitchen
  •  
  • Condo Corporation #594
  • Condo Registry Office: YRCP
  • MLS #N13511590
  • RE/MAX WEST REALTY INC.

Extras

Room Floor Dimensions Details
1 Kitchen Flat 9.84' x 7.25' Laminate, Overlooks Dining
Washroom1 4-Piece Bathroom in Flat
Washroom1 3-Piece Bathroom in Flat

Who lives here?

Observatory, Richmond Hill is a north GTA neighbourhood notable for its singles, renters, salespeople and tradespeople. It has a higher than average population of immigrants, particularly those from Iran, and Persian and Russian speakers. Residents tend to be older with a significant number of adults aged 25 to 39 and 25 to 39 and seniors aged 65 to 74.

Families

Kids Per Family

1.2

kids per family
in the neighbourhood.

Richmond Hill  (1.3)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

45% of residents are
single and loving it.

45% singles

Richmond Hill (39%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

33% of residents
are renters.

33% renters

Richmond Hill (19%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

49% of residents are
university grads.

49% university grads

Richmond Hill (54%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$100K

is the average household
income in the neighbourhood.

Richmond Hill  ($137K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 15%
Business 11%
Sciences 8%
Management 6%
Government 6%

Immigrants

63% of residents were
born outside of Canada.

63% immigrants

Richmond Hill (59%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

China was once home to 10.9% of immigrants.
Iran 10.4%
Hong Kong 5.8%
Philippines 2.8%
Russia 2.6%

10.9% from China
All-time

Birthplace - Recent

Iran was once home to 2.8% of immigrants.
China 1.9%
Philippines 1.2%
Afghanistan 0.8%
Egypt 0.8%

2.8% from Iran
Recent

Foreign Languages

Foreign Languages

Persian 12%
Cantonese 10%
Russian 9%
Mandarin 8%
Arabic 3%

Religions

Religions

Christian 51%
Muslim 12%
Jewish 4%
Buddhist 2%
Sikh 2%