148 Observatory Lane
Richmond Hill, ON
- 3 bed
- 3 bath
- approx. 1100-1500 sqft
- Att/Row/Townhouse
- 2 days on market
Do not miss this great opportunity for this extraordinary, south facing, sun-filled freehold townhouse, perfectly situated in the highly sought-after Observatory community of Richmond Hill! $$$ spent on high-quality upgrades, including furnace (2026), entire roof including shingles and plywood (2025), backyard landscaping (2023), hot water tank (rental) (2022), washer and dryer (2022). Other recent renovations include air conditioner, living room chandelier, removed popcorn ceiling, pot lights in living room and basement, complete attic insulation top-up, a modern garage door opener, smart thermostat, floodlight, and video doorbell. The main floor features a modern kitchen with stainless steel appliances that walks out to a beautiful private backyard deck. The cozy living and dining room comes with hardwood flooring and pot lights throughout. It also features a grand fireplace accented by sleek, modern wall tiles and a chandelier. Upstairs, you will find three bright and spacious bedrooms providing the perfect layout for growing families. The lower level extends your usable living area with a finished, sounds-proof basement brightened by newly installed pot lights, perfect for family activities. The garage is upgraded with premium tiles and includes a rough-in for electric car charger. Located within the boundary of the prestigious Sixteenth Avenue Public School, this exceptional location places you just minutes from brand new pedestrian and cyclist bridge at the historic David Dunlap Observatory Park, the premium shops at Hillcrest Mall, T&T Supermarket, and major transit routes along Yonge Street.
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2026)
- $4,644
- Listed
- September 15, 2026
Price History
Property
- Style
- 2-Storey
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Interior
- Carpet Free
- Lot Size
- 20.03 x 100.16 Feet
Parking
- Garage
- Built-In
- Covered Spaces
- 1
- Total Parking
- 3
Utilities
- Sewer
- Sewer
- Heat Source
- Electric
Location & Legal
- Cross Street
- YONGE/WELDRICK
- Parcel Number
- 031450277
- Possession
- Immediate
- Occupancy
- Vacant
Included
- Inclusions
- S/S FRIDGE, STOVE, B/I DISHWASHER, B/I HOOD FAN, WASHER & DRYER.
- Exclusions
- Microwave
- Rental Items
- HOT WATER TANK $29.23/MONTH
Schools
Elementary
- Sixteenth Avenue Public School0.8 km
Public · York Region DSB · 465 students
Grade 3 reading: 57% met the provincial standard · Grade 6 math: 55% met the provincial standard
- Ross Doan Public School1.1 km
Public · York Region DSB · 305 students
Grade 3 reading: 82% met the provincial standard
- St Charles Garnier Catholic Elementary School1.5 km
Catholic · York CDSB · 525 students
Grade 3 reading: 76% met the provincial standard · Grade 6 math: 78% met the provincial standard
Secondary
- Alexander MacKenzie High School1.8 km
Public · York Region DSB · 1415 students
Grade 10 literacy: 91% met the provincial standard
- École secondaire Norval-Morrisseau2.2 km
French public · CS Viamonde · 85 students
- Bayview Secondary School2.4 km
Public · York Region DSB · 1940 students
Grade 10 literacy: 95% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L4C
- Population
- 74,636
- Private dwellings
- 30,129
- Median age
- 46
- Average household size
- 2.6
- Median household income
- $86,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Richmond Hill · last 12 months
- Median sold price
- $1,119,500
- Homes sold
- 1,976
- Median days on market
- 24
- Sale-to-list price
- 98.4%
Based on 1,976 recorded sales of residential freehold properties in Richmond Hill over the last 12 months.
Rooms
2-piece on Ground, 4-piece on Second, 3-piece on Basement
Second
- Bedroom 29' x 8'10"
- Bedroom 310'10" x 10'
- Primary Bedroom13'2" x 9'11"
Main
- Dining Room23'8" x 10'9"
- Foyer5'3" x 4'9"
- Kitchen15'9" x 8'1"
- Living Room23'8" x 10'9"
Basement
- Recreation19'2" x 16'9"
Listed by
HOMELIFE GOLD PACIFIC REALTY INC.
Walk Score
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Location
Street View
Mortgage Calculator
$139,600
Estimated Monthly Payment
$3,429
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,429/mo (20% down, 5.5%)
Taxes: $387/mo · Insurance: $175/mo
Estimates only. Consult a financial advisor.
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