286 23 Observatory Lane in Richmond Hill: Observatory Condo Townhouse for sale : MLS®# N12510424
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.
The Perfect Home Is Awaiting For You! Prime Location in the Heart of Richmond Hill Renovated Top To Bottom 3+1 Bedrooms, 4 Bathrooms With 9Ft Ceilings. Offering A Spacious Open Concept Layout, Large Windows, Very Bright And Charming. New Kitchen Cabinets, Backsplash, Granite Counters, Upgraded Bathroom Quartz Counters And Much More. Enjoy Your Mornings On The Walk Out Deck Overlooking Mature Trees! Nestled In A Quiet Enclave Of Townhomes, Steps To Yonge Str., Hillcrest Mall, The Community Centre, Library, Wave Pool, Bridgeview Park With Beautiful Trails, Kids Playground And Splash Pad, Restaurants, Supermarkets And Public Transit. Enjoy Easy access To The GO Station, Short Drive To HWY 407/404, Mackenzie Health Hospital And The Upcoming Subway Extension. Ideal For First Time Buyers, In Law Potential Or Generate Additional Income By Renting Ground Level Separate Room With 3Pc Bath. Top Rated Schools! Move In And Enjoy!
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:
1
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Kitchens Above Grade:
1
Rooms Above Grade:
7
Rooms Below Grade:
1
Heating type:
Forced Air
Heating Fuel:
Gas
Storey:
1
Balcony:
Terrace
Basement:
Finished, Walk-Out
Fireplace/Stove:
No
Garage:
Built-In
Garage Spaces:
1.0
Parking Type:
Owned
Parking Spaces:
1
Total Parking Spaces:
2.0
Locker:
None
Family Room:
Yes
HST Applicable To Sale Price:
Included In
Maintenance Fee:
$325
Maintenance fees include:
Common Elements Included, Building Insurance Included, Water Included, Parking Included
Taxes:
$4,194 /
2024
Assessment:
$- /
-
York
Richmond Hill
Observatory
Auto Garage Door Remote, Carpet Free, In-Law Suite
Data was last updated November 5, 2025 at 02:15 AM (UTC)
Area Statistics
Listings on market:
68
Avg list price:
$857,995
Min list price:
$599,000
Max list price:
$1,380,000
Avg days on market:
33
Min days on market:
4
Max days on market:
233
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.
Each link provides updated listings and expert insights.
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.