156 Observatory Lane in Richmond Hill: Observatory House for sale : MLS®# N12963696
Searching for townhomes for sale that offer the perfect mix of function and style? Townhomes provide modern living with the comfort of multi-level space and lower maintenance than detached homes. Whether you’re a first-time buyer, upsizing, or investing, townhomes are a smart choice across the Greater Toronto Area and beyond.
Freehold Townhouse! Do not miss this spacious Sun-filled Freehold Townhouse at Yonge and Weldrick! Huge family room above the garage can be easily converted to Large 4th Bedroom! Steps To Yonge Street, Hillcrest Mall, Restaurants, Supermarkets, YRT, Viva, Go station, Parks, Hwy7 and 407 And Future Subway Station. Landscaped Front And Backyard. Spacious Easy Flow Layout. Finished Lower Level Offers Large Recreation Room. Pot lights. Fenced Backyard. Excellent schools: Sixteenth Avenue 8.6, Adrienne Clarkson(French) 8.0, Alexander Mackenzie IB 8.2. Two parks with playgrounds nearby, school bus stop at Observatory and Nightstar. Floorplans in photos
Property Type:
Residential Freehold
Property Sub Type:
Att/Row/Townhouse
Home Style:
2-Storey
Total Approx Floor Area:
1500-2000
Lot Depth:
100'2"30.5 m
Lot Frontage:
20'⅛"6.1 m
Direction Faces:
North
Bedrooms:
3+1
Bathrooms:
3.0
Water supply:
Municipal
Kitchens:
1
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Kitchens Above Grade:
1
Rooms Above Grade:
8
Rooms Below Grade:
3
Zoning:
R2
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Concrete
Roof:
Asphalt Shingle
Basement:
Finished
Fireplace/Stove:
No
Garage:
Built-In
Garage Spaces:
1.0
Parking Features:
Private
Parking Spaces:
2
Total Parking Spaces:
3.0
Family Room:
Yes
Possession Details:
Flexible
Pool:
None
HST Applicable To Sale Price:
Included In
Taxes:
$4,422 /
2026
Assessment:
$- /
-
York
Richmond Hill
Observatory
Auto Garage Door Remote, Water Heater
Existing S/S Fridge, Dishwasher, Stove, All Existing Light Fixtures, Furnace, A/C, Windows Coverings, Washer & Dryer. B/I Closet In 3rd Bedroom And Existing Shelves In Laundry, Cold Room And Garage. Chest in Living Room and 3rd Bedroom.
Data was last updated April 7, 2026 at 11:15 PM (UTC)
Area Statistics
Listings on market:
141
Avg list price:
$1,125,000
Min list price:
$799,000
Max list price:
$1,999,000
Avg days on market:
33
Min days on market:
1
Max days on market:
691
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.
• Two- and three-storey layouts with open-concept interiors • Private garages, driveways, and outdoor spaces • Affordable ownership with less upkeep • Ideal for families, young professionals, and downsizers • Convenient access to schools, parks, shopping, and transit
Why Buy a Townhome?
Townhomes offer many benefits, combining privacy, efficient use of space, and great locations. Many are found in growing neighbourhoods with strong resale value. For those seeking a modern home without the costs of a detached house, townhomes offer a compelling alternative.
Finding the Right Townhome for Sale
Our listings cover pre-construction, brand new, and resale townhomes throughout the GTA. Whether you’re looking in Richmond Hill, Toronto, Vaughan, or Pickering, you can compare layouts, square footage, pricing, and features. Our team can help guide you through your options and set up viewings.
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FAQs – Townhomes for Sale
1. Are townhomes good for families? Yes, most offer two or more bedrooms, multi-level living, and outdoor space—perfect for family life.
2. What’s the difference between freehold and condo townhomes? Freehold townhomes have no monthly fees, while condo townhomes include maintenance and shared amenities.
3. Do townhomes increase in value? Townhomes typically appreciate well in high-demand areas, offering strong long-term investment potential.
4. Where can I find affordable townhomes for sale? Look in areas like Durham, North York, Vaughan, and new developments around the GTA.