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Observatory, Richmond Hill
$1,299,900
A wonderful opportunity to own a well maintained 4+1bedroom detached home in the heart of the prestigious Observatory neighbourhood, in Richmond Hill. This move in ready home is superb for the growing family, Ideally located within walking distance to schools, Yonge St. public transit, Elvis Stojko Arena, and Hillcrest Mall, Nicely updated throughout, Gleaming hardwood floors on the main level, brand new broadloom on the upper level, New hardwood staircase and banister 2026, 3 Updated bathrooms 2025, New aluminum eaves trough, soffits and fascia 2023, Walk-out from the kitchen to a family sized deck and a private garden, Two car garage with a private double driveway, interlock walkway and steps, porch enclosure,
No extras listed.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $7,419 |
| Lot Size | 32.81 ft x 109.91 ft |
| mls© Number | N13872856 |
| Listed By | SUTTON GROUP-ADMIRAL REALTY INC. |
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%
- $6,653
- Property tax
- $618
- Heat allowance
- $150
- Housing costs
- $7,422 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$228,000
gross annual household income
- Payment at 4%
- $5,470 / mo
- Cash down
- $259,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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