| Common Elements Included | |
| Building Insurance Included | |
| Parking Included | |
| Water Included |






























51 - 23 Observatory Lane
Observatory, Richmond Hill
$879,000
Welcome to this meticulously maintained 3-bedroom, 3-bathroom townhouse offering a bright and functional layout. The open-concept living and dining area is flooded with natural light from a large window. The well-sized kitchen features upgraded countertops, a new sink and faucet, and modern stainless-steel appliances. A stylish powder room with an upgraded vanity completes the main floor. Upstairs, you will find three spacious bedrooms and two bathrooms, headlined by a primary suite featuring a walk-in closet and a 3-piece ensuite. This gorgeous townhouse have Pot lights throughout. Enjoy low maintenance fees that include water, plus the convenience of garage parking and an extra driveway space. Situated in a prime location close to parks, schools, shopping, dining, transit, and major highways.
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| Type | Condo Townhouse |
| Style | 3-Storey |
| Approx. Age | 16-30 |
| Size | 1600-1799 sq. ft. |
| Maintenance Fees | $303 |
| Locker | None |
| Balcony | Terrace |
| Exposure | South |
| Parking Type | Attached |
| Parking Spaces | 2 |
| Parking Features | Private |
| Property Tax | $4,051 |
| mls© Number | N14109842 |
| Listed By | KING BLUE REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,499
- Property tax
- $338
- Heat allowance
- $150
- Condo fees, half counted
- $151
- Housing costs
- $5,138 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$158,000
gross annual household income
- Payment at 4%
- $3,699 / mo
- Cash down
- $175,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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