Observatory · L4C 0B7
$1,778,000
$711 / sq ft2 days on market
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Nestled in the prestigious Observatory community of Richmond Hill, this rarely offered 50-ft-wide detached home sits on a premium ravine lot, offering breathtaking natural views and exceptional privacy. The home features a well-designed layout with desirable south exposure, boasts 2,970 sq.ft. above grade, plus a fully finished legal basement. Extensively upgraded throughout (2026). The main level impresses with soaring 16 Ft ceilings and a grand oak spiral staircase with elegant iron cast railing. Engineered hardwood flooring runs throughout, complemented by smooth ceilings and modern light fixtures, creating a refined and contemporary ambiance. Offering 4 spacious bedrooms, including 2 ensuites. The primary retreat features a cozy sitting area with an upgraded fireplace, along with a brand new luxurious 5-piece ensuite complete with a smart toilet, glass walk-in shower, and a freestanding soaker tub overlooking the ravine backyard. Recent upgrades include a brand new roof, energy-efficient windows, and a fully renovated kitchen equipped with brand new stainless steel appliances. Additional highlights include a separate side entrance, second-floor laundry, a newly paved asphalt driveway, 200-amp electrical service, and EV charging wiring. Ideally located within walking distance to Hillcrest Mall, top-rated schools, parks, and everyday amenities. Steps to Richmond Hill Centre Terminal (YRT/VIVA) and Langstaff GO Station, with easy access to Hwy 407/404. A rare opportunity in one of Richmond Hill's most sought-after communities. Move in ready !
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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 $1,778,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of AIMHOME 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 EXP REALTY
$1,918,000
Observatory
Listing courtesy of BAY STREET GROUP INC.
$1,980,000
Observatory
Listing courtesy of LANDPOWER REAL ESTATE LTD.