502 - 100 Observatory Lane, Richmond Hill, ON L4C 1T4
Observatory, Richmond Hill · Near Yonge St & Observatory Lane · View map
About this home
The Observatory Condo - Spacious 2-Bedroom Suite in a Prime Richmond Hill Location Welcome to this bright and beautifully maintained two-bedroom residence located in the heart of Richmond Hill, just steps from Hillcrest Mall, public transit, parks, grocery stores, and a variety of restaurants. The thoughtfully designed layout features a walk-out to a private balcony, ample storage throughout, and a large primary bedroom complete with a walk-in closet and a four-piece ensuite bath. Situated in a highly sought-after Tridel-built community, residents enjoy an impressive selection of amenities including an indoor pool, sauna, hot tub, fully equipped fitness center, tennis court, guest suite, library, party and meeting room, and games room. This suite includes a fridge, stove, built-in dishwasher, washer and dryer, all existing light fixtures, and electronic window coverings, as well as parking and a locker. Recent updates include new flooring in the living area, a new LG stacked washer and dryer, custom closet organizers in all three closets, new baseboards throughout, and new decking on the balcony. Maintenance fees are all-inclusive, excluding property taxes. Experience the perfect combination of comfort, convenience, and quality living at The Observatory.
The home
- Type
- Condo apartment
- Style
- Apartment
- Square footage
- 1000-1199 sq ft
- Bedrooms
- 2
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 5
- Basement
- None
- Faces
- South East
- Level
- 5
- Balcony
- Open
- Laundry
- Ensuite
Ownership & fees
- Ownership
- Condominium
- Maintenance fee
- $1,000.58/mo
- Fee includes
- Heat, Hydro, Water, Cable TV, Common Elements, Building Insurance, Parking
- Complex
- YRCP 594
- Property management
- PropertyWright Management Inc
- Pets
- Allowed, with restrictions
- Locker
- Owned
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Garage
- Underground
- Garage spaces
- 1
- Total parking
- 1
Taxes & other
- Property taxes
- $2,484/yr
- Tax year
- 2025
- Occupancy
- Owner
- Possession
- Flexible
- Cross street
- Yonge St & Observatory Lane
- Neighbourhood
- Observatory
More
- Price per sq ft
- ~$582 (at 1,100 sq ft)
- MLS® number
- N14093126
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The home and its surroundings
- Carpet Free
- Primary Bedroom - Main Floor
Included in the maintenance fee
- Heat
- Hydro
- Water
- Cable TV
- Common Elements
- Building Insurance
- Parking
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
100 Observatory Lane, Richmond Hill, ON L4C 1T4
Observatory, Richmond Hill · Near Yonge St & Observatory Lane
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Listing history for 100 Observatory Lane
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 502 - 100 Observatory Lane
Answers come straight from this home’s MLS® listing.
How much is 502 - 100 Observatory Lane listed for, and what would it cost each month?
502 - 100 Observatory Lane is listed for $639,888. With 20% down ($127,978), the mortgage payment would be roughly $2,581 a month at 4.5% over 30 years. Add property tax and the maintenance fee and the estimate comes to about $3,789 a month, all in. That figure is an illustration, not a quote.
Is 502 - 100 Observatory Lane freehold or a condo, and is there a monthly fee?
502 - 100 Observatory Lane is a condo apartment in Observatory, Richmond Hill. Ownership is condominium: you own the unit and a condo corporation looks after the common elements. The maintenance fee is $1,000.58 a month. The listing says it covers heat, hydro, water, cable tv, common elements, building insurance, parking. Fees can change, so confirm the current amount in the status certificate.
How many bedrooms and bathrooms does 502 - 100 Observatory Lane have?
502 - 100 Observatory Lane has 2 bedrooms and 2 bathrooms.
Does 502 - 100 Observatory Lane have a garage and parking?
Yes. The listing shows the garage as underground, with room for 1 car. In total the listing counts 1 parking space.
Does 502 - 100 Observatory Lane have a finished basement?
No. The listing shows no basement for this home.
What style of home is 502 - 100 Observatory Lane?
502 - 100 Observatory Lane is a condo apartment. A condo apartment is a unit in a multi-storey building, owned outright, with a monthly fee for the shared parts of the building.
How big is 502 - 100 Observatory Lane?
The listing puts the home between 1,000 and 1,199 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement.
How is 502 - 100 Observatory Lane heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 502 - 100 Observatory Lane?
Property taxes are $2,484 a year (2025), or about $207 a month.
Are pets allowed at 502 - 100 Observatory Lane?
Pets are allowed, with restrictions. A condo corporation can limit the size, number or type of pet, so check the condo corporation’s rules before you offer.
Where is 502 - 100 Observatory Lane?
502 - 100 Observatory Lane is in the Observatory community of Richmond Hill. The nearest main intersection is Yonge St & Observatory Lane. The postal code is L4C 1T4.
Is 502 - 100 Observatory Lane still for sale?
Yes. It is an active listing (MLS® N14093126). Listings here update from the board through the day and come down once a home sells.
What are similar condos near 502 - 100 Observatory Lane asking?
Similar condos for sale nearby right now include 349 - 9471 Yonge Street at $638,000 (2+1 bed), 209 - 33 Weldrick Road E at $525,000 (2+1 bed) and 502 - 9471 Yonge Street at $550,000 (1+1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 100 Observatory Lane sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 502 - 100 Observatory Lane?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar condos nearby
More condos for sale near Observatory, picked by style, size and price.
Condo apartment$638,000349 - 9471 Yonge Street, Richmond Hill2+1 bed · 2 bath · ObservatoryCourtesy of: RE/MAX REALTRON SMART CHOICE TEAMView home →
Condo apartment$525,000209 - 33 Weldrick Road E, Richmond Hill2+1 bed · 2 bath · ObservatoryCourtesy of: RE/MAX PRIME PROPERTIES - UNIQUE GROUPView home →
Condo apartment$550,000502 - 9471 Yonge Street, Richmond Hill1+1 bed · 2 bath · ObservatoryCourtesy of: ROYAL LEPAGE TERREQUITY PLATINUM REALTYView home →Courtesy of: RE/MAX WEST REALTY INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax and the maintenance fee. For illustration only.