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204 - 23 Observatory Lane
Observatory, Richmond Hill
$919,000
Look No Further. Ideal Townhome Nestled In The Heart Of Richmond Hill.Renovated 3 Bed, 3 Bath With Ground Floor Family Room/Office Walk Out To The Garden. The Main Level With 9 Ft Ceilings Gives Airy Atmosphere. Pot Lights, Crown Molding Ceiling Throughout Living/Dining Room. Eat-In Kitchen And Large W/O Balcony Off Breakfast Area. Good Size Bedrooms.Direct Access To Garage, Well-Maintained Complex W/Low Maintenance Fees.Enjoy The Convenience Of Location With Parks, Schools, Hillcrest Shopping Across The Street, Restaurants, Public Transit, Richmond Hill Go Station, And Highways 404 And 407
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| Type | Condo Townhouse |
| Style | 3-Storey |
| Approx. Age | Not available |
| Size | 1800-1999 sq. ft. |
| Maintenance Fees | $335 |
| Locker | None |
| Balcony | Open |
| Exposure | North South |
| Parking Type | Built-In |
| Parking Spaces | 2 |
| Parking Features | Private |
| Property Tax | $4,325 |
| mls© Number | N13569744 |
| Listed By | RIGHT AT HOME REALTY |
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%
- $4,704
- Property tax
- $360
- Heat allowance
- $150
- Condo fees, half counted
- $167
- Housing costs
- $5,382 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$166,000
gross annual household income
- Payment at 4%
- $3,867 / mo
- Cash down
- $183,800
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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