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New2 days ago

272 - 23 Observatory Lane

Observatory, Richmond Hill

$688,000

Condo Townhouse |
3 | 3 | 2 | 0
About this home

Bright Corner End-Unit Townhome Like a Semi at Yonge & Carville! Beautifully renovated and freshly painted 3-bedroom, 3-washroom townhome in the desirable Hillcrest Mall area. Enter through a charming tree-lined walkway and lovely front garden into a bright and spacious open-concept home featuring 9-ft ceilings on the main floor and hardwood flooring throughout. Large eat-in kitchen with quartz countertops, stylish backsplash, gas stove, and French door refrigerator. The kitchen also features a wonderful walkout to a private balcony, bringing in abundant natural light and providing a great space for relaxing and entertaining. Three generously sized bedrooms upstairs, along with two newly renovated bathrooms. The lower level offers a spacious sitting area, ample storage, and a convenient laundry room. Direct access from the large garage, plus a driveway for additional parking. Prime and convenient location close to Hillcrest Mall, Yonge Street transit, GO Station, shops, restaurants, T&T Supermarket, grocery stores, banks, parks, schools, and everyday amenities. Located in a well-established community with plenty of visitor parking. Move-in ready and an excellent opportunity to enjoy comfortable and convenient living in a vibrant Richmond Hill neighbourhood!

Extras

No extras listed.

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Open houses

  • Sat, Sep 19

    2:00 PM – 4:30 PM

  • Sun, Sep 20

    2:00 PM – 4:30 PM

Or pick a time that works for you.

Got questions?

Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeCondo Townhouse
Style2-Storey
Approx. Age11-15
Size1200-1399 sq. ft.
Maintenance Fees$335
LockerNone
BalconyOpen
ExposureSouth
Parking TypeBuilt-In
Parking Spaces2
Parking FeaturesPrivate
Property Tax$3,588
mls© NumberN13795858
Listed ByMASTER`S TRUST REALTY INC.
Common Elements Included
Building Insurance Included
Parking Included
Water Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,521
Property tax
$299
Heat allowance
$150
Condo fees, half counted
$167
Housing costs
$4,138 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $137,600
25-yr amortization

Income needed

$127,000

gross annual household income

Payment at 4%
$2,895 / mo
Cash down
$137,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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