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Price Change$878,000

26 - 23 Observatory Lane

Observatory, Richmond Hill

$849,999

Condo Townhouse |
3 | 3 | 2 | 0
About this home

Welcome to this spacious and well-maintained 3-bedroom, 3-bathroom condo townhome. Offering a functional layout and comfortable living spaces, this home is ideal for families, professionals, and those seeking a convenient, low-maintenance lifestyle.Featuring bright and inviting principal rooms, generous-sized bedrooms, and a thoughtfully designed floor plan, this home provides ample space for both everyday living and entertaining. Step outside to enjoy your private outdoor balcony, the perfect space to relax, unwind, or enjoy your morning coffee. Ideally situated just steps from grocery stores, shopping centres, restaurants, cafés, and a wide variety of retail amenities, this exceptional location also offers convenient access to parks, schools, public transit, and major highways.A fantastic opportunity to own in one of Richmond Hill's most desirable and convenient communities, where comfort, convenience, and low-maintenance living come together.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Townhouse
Style3-Storey
Approx. Age16-30
Size1600-1799 sq. ft.
Maintenance Fees$317
LockerNone
BalconyOpen
ExposureEast West
Parking TypeBuilt-In
Parking Spaces2
Parking FeaturesNone
Property Tax$4,051
mls© NumberN13527384
Listed ByZOLO REALTY
Water Included
Building Insurance Included
Parking Included

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%
$4,351
Property tax
$338
Heat allowance
$150
Condo fees, half counted
$159
Housing costs
$4,997 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $170,000
25-yr amortization

Income needed

$154,000

gross annual household income

Payment at 4%
$3,577 / mo
Cash down
$170,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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