502 100 Observatory Lane SE in Richmond Hill: Observatory Condo Apartment for sale : MLS®# N13511590
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.
The Observatory Condo - Spacious 2-Bedroom Suite in a Prime Richmond Hill LocationWelcome to this bright and beautifully maintained two-bedroom residence located inthe heart of Richmond Hill, just steps from Hillcrest Mall, public transit, parks,grocery stores, and a variety of restaurants. The thoughtfully designed layoutfeatures a walk-out to a private balcony, ample storage throughout, and a largeprimary bedroom complete with a walk-in closet and a four-piece ensuite bath.Situated in a highly sought-after Tridel-built community, residents enjoy animpressive selection of amenities including an indoor pool, sauna, hot tub, fullyequipped fitness center, tennis court, guest suite, library, party and meetingroom, and games room. This suite includes a fridge, stove, built-in dishwasher,washer and dryer, all existing light fixtures, and electronic window coverings, aswell as parking and a locker. Recent updates include new flooring in the livingarea, a new LG stacked washer and dryer, custom closet organizers in all threeclosets, new baseboards throughout, and new decking on the balcony. Maintenancefees are all-inclusive, excluding property taxes.Experience the perfect combination of comfort, convenience, and quality living atThe Observatory.
Property Type:
Residential Condo & Other
Property Sub Type:
Condo Apartment
Home Style:
Apartment
Total Approx Floor Area:
1000-1199
Exposure:
South East
Bedrooms:
2
Bathrooms:
2.0
Kitchens:
1
Bedrooms Above Grade:
2
Kitchens Above Grade:
1
Rooms Above Grade:
5
Heating type:
Forced Air
Heating Fuel:
Gas
Storey:
5
Balcony:
Open
Basement:
None
Fireplace/Stove:
No
Garage:
Underground
Garage Spaces:
1.0
Parking Type:
Owned
Parking Spaces:
0
Total Parking Spaces:
1.0
Locker Level:
P2
Locker Unit:
185
Locker:
Owned
Family Room:
No
Possession Details:
Flexible
HST Applicable To Sale Price:
Included In
Maintenance Fee:
$1,000.58
Maintenance fees include:
Heat Included, Hydro Included, Building Insurance Included, Common Elements Included, Water Included, Parking Included, CAC Included
Taxes:
$2,483.73 /
2025
Assessment:
$- /
-
York
Richmond Hill
Observatory
Carpet Free, Primary Bedroom - Main Floor
Yes-with Restrictions
All appliances, all window coverings (electric), All ELF's, one parking, one locker.
Data was last updated July 4, 2026 at 10:15 PM (UTC)
Area Statistics
Listings on market:
211
Avg list price:
$575,000
Min list price:
$360,000
Max list price:
$1,389,000
Avg days on market:
36
Min days on market:
1
Max days on market:
373
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.
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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.