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Observatory, Richmond Hill
$2,798,000
Exceptional 4-Year-New Luxury Residence by Regal Crest in Prestigious Observatory Hill! This beautifully designed home offers refined craftsmanship, premium finishes, and turnkey living in one of Richmond Hill's most sought-after family communities. Featuring 10' ceilings on the main floor, hardwood flooring throughout, elegant tray ceilings with crown moulding, LED cove lighting, and extensive upgrades.The bright, open-concept layout is ideal for both everyday living and entertaining. The designer chef-inspired kitchen showcases premium WOLF & SUB-ZERO appliances, including a 6-burner gas range and ASKO dishwasher, complemented by full-height cabinetry and quartz countertops. The spacious great room features a gas fireplace and south-facing exposure, creating a warm and inviting atmosphere filled with natural light.The home offers generously sized bedrooms with upgraded closet organizers. The luxurious primary retreat features a 5-piece ensuite and dual walk-in closets, while a second bedroom includes its own ensuite-perfect for family or guests.A full unfinished basement with 9' ceilings provides excellent potential for future customization and additional living space. Additional features include a 200-amp electrical panel, central air conditioning, modern furnace, air exchange system, and a spacious 3-car garage with high ceilings and built-in storage potential.Ideally located close to parks, top-ranked schools including Bayview Secondary School, Richmond Hill Montessori School, GO Transit, major highways, shopping, dining, and everyday amenities.A rare opportunity to own a modern, move-in-ready luxury home in the prestigious Observatory Hill community.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 0-5 |
| Size | 3500-5000 sq. ft. |
| Property Tax | $12,950 |
| Lot Size | 50 ft x 100 ft |
| mls© Number | N13749490 |
| Listed By | RE/MAX REALTRON REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $14,321
- Property tax
- $1,079
- Heat allowance
- $150
- Housing costs
- $15,551 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$478,000
gross annual household income
- Payment at 4%
- $11,774 / mo
- Cash down
- $559,600
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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