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Home · Buy · Richmond Hill · 148 Observatory Lane, Richmond Hill, ON L4C 8K8
148 Observatory Lane, Richmond Hill, ON L4C 8K8
For Sale · Att/Row/Townhouse

148 Observatory Lane, Richmond Hill, ON L4C 8K8

Richmond Hill · Observatory
⚡Listed 58 minutes ago
New listing2-StoreyFinished basementBuilt-In · 1-car garage · 2 driveway · 3 total garageNorth exposure
3
Beds
3
Baths
3
Parking
1100-1500
Sq ft
—
Built
The honest picture
List price
$698,000
★ Renavu Estimate
$712,000
★★★★★★★★★★Lower confidence
Comparable sales vary too widely to call a direction
Asking $698,000 · recent comparable sales here vary too widely to quote a range · homes here sell at about 101% of ask (25 recent sales). Our estimate weighs both.
Benchmark $665,000
Typical low · $632,000Typical high · $698,000
List price Renavu Estimate Benchmark Typical range
Renavu Estimate is our data-driven opinion of value, blended from 6 recent comparable sales (TRREB) and the area benchmark — not an appraisal. The benchmark is the typical price for townhouse homes in Observatory (TRREB HPI, August 2026), a market reference — not this home's exact value.

About this home

  • Freehold townhouse with 3 bedrooms, 3 bathrooms, and 3 parking spaces
  • South-facing with hardwood flooring, pot lights, and fireplace in living/dining room
  • Kitchen with stainless steel appliances opens to private backyard deck
  • Finished basement with pot lights; garage has premium tiles and rough-in for electric car charger
  • Furnace installed 2026, roof replaced 2022, air conditioner recently upgraded
  • Recent updates include smart thermostat, video doorbell, attic insulation, and garage door opener
  • Near Sixteenth Avenue Public School, David Dunlap Observatory Park, Hillcrest Mall, and Yonge Street transit

Key points summarised from the listing description.

Property details

Listed on
September 15, 2026
Days on market
0 days
Property tax
$4,644.24 (2026)
Lot
20.03 × 100.16 Feet
Style
2-Storey
Heating
Forced Air
Cooling
Central Air
MLS®
N13786356

Full details

Parking
GarageBuilt-In
Driveway2
Garage spaces1
Total parking3
Parking featuresPrivate

Room dimensions

RoomLevelDimensionsFeatures
FoyerMain1.6 × 1.45 MetersPorcelain Floor, Closet, 2 Pc Bath
Living RoomMain7.21 × 3.28 MetersHardwood Floor, Combined w/Dining, Electric Fireplace
Dining RoomMain7.21 × 3.28 MetersHardwood Floor, Combined w/Living, Open Concept
KitchenMain4.8 × 2.46 MetersHardwood Floor, Stainless Steel Appl, W/O To Deck
Primary BedroomSecond4.01 × 3.02 MetersHardwood Floor, Closet
Bedroom 2Second2.74 × 2.69 MetersHardwood Floor, Closet, Window
Bedroom 3Second3.3 × 3.05 MetersHardwood Floor, Closet, Window
RecreationBasement5.84 × 5.11 Meters3 Pc Bath, Pot Lights

Property & sold history

Listing history
Date StartDate EndPriceStatusListing ID
September 15, 2026—$698,000For SaleN13786356
🔒

Earlier listings and sold prices for this address are protected under TRREB rules — a free account unlocks them.

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Comparables

Gathering recent comparable sales nearby…

Run the numbers

True cost to close
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
This price requires at least 6.4% down (5% on the first $500K, 10% above).
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$10,435
Legal · title · inspection$2,800
Closing costs$13,235
Down payment$139,600
Total cash to close$152,835
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
$698,000
MLS® N13786356 · Listed by HOMELIFE GOLD PACIFIC REALTY INC.
Homes in Observatory are selling at 101% of asking.

That's from 25 recent sales nearby. Want to know what it means for yours?

Get my Observatory valuation
Call The Renavu Team
Shan Perinpanathan
Shan Perinpanathan
Real Estate Broker, ABR, SRS
416.655.4040
Pam Thiyagarajah
Pam Thiyagarajah
Sales Representative
416.436.0546
Ragu Rajaguru
Ragu Rajaguru
Real Estate Broker
416.712.2006

Price and status changes on this home only. No newsletter, and no call unless you ask for one. Unsubscribe from any email. The Renavu Team, Royal LePage Ignite Realty, Brokerage.

One team. No spam. We reach out once — when you ask.

Listing courtesy of HOMELIFE GOLD PACIFIC REALTY INC.. Presented by Royal LePage Ignite Realty, Brokerage. Data provided by TRREB — deemed reliable but not guaranteed; for consumers' personal, non-commercial use. Listing information last updated September 15, 2026.

$698,000

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The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

Listing data is provided by the Toronto Regional Real Estate Board (TRREB) through PropTx and is deemed reliable but is not guaranteed accurate by PropTx. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. IDX information is for consumers' personal, non-commercial use.

Neighbourhood market

The Observatory market

How homes are selling here right now — sold data for July 2026.

Balanced marketAll home types in Observatory · 20 sales over 3 months
Buyer'sBalancedSeller's

Homes in Observatory are selling near asking in about 34 days. Neither side has the upper hand right now.

Median sold · Observatory
$730,000
▼ 39.2% year over year
Homes sold · this month
5
22 days on market avg
Sold vs asking
100.1%
over asking — seller's market
Att/Row/Townhouse median · Richmond Hill
$1,020,000
See the full Richmond Hill market report →

Aggregate TRREB sold data. Neighbourhood figures with only a handful of sales are held back so no single sale is identifiable.

Similar homes for sale

Comparable homes on the market near Richmond Hill · Observatory — same kind of property, similar size and price.

75 Weldrick Road E 1002, Richmond Hill, ON L4C 0H9For sale: $699,999
3 bed3 bath1 parking (-2)
1200–1399 sq ft0.6 km
Condo Townhouse
75 Weldrick Road E 1002, Richmond Hill, ON L4C 0H9
75 Weldrick Road E 829, Richmond Hill, ON L4C 0H9For sale: $499,000
2 bed (-1)2 bath (-1)1 parking (-2)
800–899 sq ft0.6 km
Condo Townhouse
75 Weldrick Road E 829, Richmond Hill, ON L4C 0H9
75 Weldrick Drive E 1003, Richmond Hill, ON L4C 0H9For sale: $670,000
2 bed (-1)2 bath (-1)1 parking (-2)
1000–1199 sq ft0.5 km
Condo Townhouse
75 Weldrick Drive E 1003, Richmond Hill, ON L4C 0H9
75 Weldrick Road E 318, Richmond Hill, ON L4C 0H9For sale: $630,000
2 bed (-1)2 bath (-1)1 parking (-2)
1000–1199 sq ft0.6 km
Condo Townhouse
75 Weldrick Road E 318, Richmond Hill, ON L4C 0H9
75 Weldrick Road E 732, Richmond Hill, ON L4C 0H9For sale: $738,000
3 bed3 bath2 parking (-1)
1400–1599 sq ft0.6 km
Condo Townhouse
75 Weldrick Road E 732, Richmond Hill, ON L4C 0H9
23 Observatory Lane 26, Richmond Hill, ON L4C 0M7For sale: $849,999
3 bed3 bath2 parking (-1)
1600–1799 sq ft0.3 km
Condo Townhouse
23 Observatory Lane 26, Richmond Hill, ON L4C 0M7
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Comparables

Homes near 148 Observatory Lane, Richmond Hill, ON L4C 8K8
Sold🔒 Sold:
bed bath parking
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Sold🔒 Sold:
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Detached
Address shown after sign-in
See what it sold for →
Sold🔒 Sold:
bed bath parking
sq ft km
Att/Row/Townhouse
Address shown after sign-in
See what it sold for →
Sold🔒 Sold:
bed bath parking
sq ft km
Detached
Address shown after sign-in
See what it sold for →
🔒

8 sold homes nearby

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