Observatory · L4C 8H7
$1,595,000
$798 / sq ft6 days on market
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Welcome to 40 Nightstar Drive, a stunning detached home situated in Richmond Hill's elite Observatory neighborhood. Fully renovated and updated in 2017 with a brand new interior layout and advanced mechanical systems, this home delivers pristine modern longevity situated on a premium, private, tree-lined ravine pie-shaped lot. It offers a cozy, custom rear deck tailored for exquisite outdoor entertaining with captivating, uninterrupted forest views creating an authentic, tranquil cottage vibe. The 4+1 Bedroom and 3+1 Bathroom luxury property has sun-drenched principal rooms with an airy, open-concept flow. It uniquely also has dual-living capability equipped with 2 fully independent kitchens and 2 separate full laundry rooms (Second and Lower level). The completely finished basement with a dedicated separate entrance can be utilized as a private in-law suite, multi-family unit, or a premium nanny retreat.Nestled directly adjacent to the iconic David Dunlap Observatory Park, which is proudly designated as a National Historic Site. This legal heritage designation acts as a permanent shield for local homeowners, strictly protecting the neighborhood enclave against high-density high-rise developers. This preserves the area's signature quiet charm, low-traffic safety, and long-term asset appreciation. Unbeatable commuter convenience just steps to Yonge Street transit links and the GO Station. Families will love the short walking distance to elite local parks, winding nature trails, major shopping plazas, Hillcrest Mall, and top-tier designated school zones including Sixteenth Avenue PS and Alexander MacKenzie HS. Minutes to Highways 404/DVP and 407. An absolute must-see property, appropriately priced to sell that stands in a league of its own!
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced below most comparable listings — about 18% of comparable detached listings in Observatory are asking less.
Based on 11 comparable active detached listings in Observatory. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $1,595,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of GALAXY STARS REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Listing courtesy of AIMHOME REALTY INC.
$1,890,000
Observatory
Listing courtesy of EXP REALTY