289 23 Observatory Lane in Richmond Hill: Observatory Condo Townhouse for sale : MLS®# N12811146
Looking for a condo for sale in Richmond Hill? This vibrant and upscale area in York Region offers a fantastic mix of convenience, lifestyle, and investment opportunity. Whether you’re a first-time buyer, downsizer, or investor, Richmond Hill condos provide the comfort of urban living with a touch of suburban charm.
Bright and Spacious townhouse in High Demand Area. Unique Layout, Open Concept Living Space, Oak Staircase, 9 Ft Ceiling,Updated Kitchen, Freshly painted, New hardwood floors, New appliances, Heated floors in basement and closet, Renovated WashroomsBachelor Apartment Unit With Separate Entrance Great for Extended Family or Additional Income. Amazing Park and Greenery Views.FamilyFriendly Neighbourhood. Steps to Hillcrest Mall, Viva, Schools, Community Centre & Park.
Property Type:
Residential Condo & Other
Property Sub Type:
Condo Townhouse
Home Style:
3-Storey
Total Approx Floor Area:
1800-1999
Exposure:
East
Bedrooms:
3+1
Bathrooms:
4.0
Kitchens:
2
Kitchens in Basement:
1
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Kitchens Above Grade:
1
Rooms Above Grade:
8
Heating type:
Forced Air
Heating Fuel:
Gas
Fireplaces:
1
Storey:
1
Balcony:
Open
Basement:
Finished with Walk-Out
Fireplace Features:
Family Room
Fireplace/Stove:
Yes
Garage:
Built-In
Garage Spaces:
1.0
Parking Features:
Private
Parking Type:
Owned
Parking Spaces:
1
Total Parking Spaces:
2.0
Locker Level:
1
Locker:
Ensuite+Owned
Family Room:
Yes
Possession Details:
30/60/TBA
HST Applicable To Sale Price:
Included In
Maintenance Fee:
$334.88
Maintenance fees include:
Water Included, Building Insurance Included, Common Elements Included, Parking Included
Assessment Year:
2025
Taxes:
$4,304.14 /
2025
Assessment:
$- /
2025
York
Richmond Hill
Observatory
Public Transit, Library, Park, School
None
Monitored
Yes-with Restrictions
HOT WATER TANK - RENTAL
2 Fridges, Stove, 2 Washer/Dryer,Dishwasher, All Window Coverings, All Electrical Light Fixtures, Microvwave, GDO & 2 remotes, R/I CVAC
Data was last updated February 24, 2026 at 02:15 AM (UTC)
Area Statistics
Listings on market:
55
Avg list price:
$768,000
Min list price:
$584,900
Max list price:
$1,688,000
Avg days on market:
40
Min days on market:
3
Max days on market:
238
These statistics are generated based on the current listing's property type
and located in
Richmond Hill. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
• Modern Amenities – Many condos include fitness centres, party rooms, concierge services, and more • Prime Locations – Close to shopping centres, top schools, restaurants, and green parks • Effortless Living – Enjoy low-maintenance lifestyle with managed exterior upkeep • Transit Access – Easy connections to Highway 404, YRT, Viva, and GO Transit for commuting
Why Richmond Hill is a Smart Place to Invest in a Condo
Richmond Hill continues to grow as a hotspot for real estate buyers who value community, convenience, and long-term appreciation. With diverse neighborhoods like Langstaff, Bayview Hill, and Observatory Hill, there’s a condo option for every lifestyle. Whether you prefer high-rise views or mid-rise boutique buildings, you’ll find both style and value here.
Explore Condos for Sale in Richmond Hill Now
Our listings are updated regularly and include a variety of floor plans, price points, and locations to help you find the perfect fit. Let our expert real estate team assist you in securing a condo that matches your needs and future goals.
Each link provides updated listings and expert insights.
FAQs – Condo for Sale in Richmond Hill
1. What is the average price of a condo in Richmond Hill? Prices generally range from $550,000 to over $1 million depending on the size, age, and location of the building.
2. Are there pre-construction condo options in Richmond Hill? Yes, several new developments and pre-construction projects are available across the town.
3. Do condos in Richmond Hill have parking and locker facilities? Most buildings offer underground parking and storage lockers, but availability varies by unit.
4. Is Richmond Hill a good area for condo investment? Absolutely. Its steady population growth and proximity to Toronto make it a strong market for long-term investment.