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Observatory, Richmond Hill
$2,680,000
Experience luxury living in prestigious Observatory Hill, one of Richmond Hill's most sought-after communities. This spectacular less-than-5-year-old 3-storey detached residence with loft and rooftop terrace offers 4,577 sq. ft. above grade and close to 6000sq.ft of total living space with basement. Thoughtfully designed with an exceptional open-concept layout, the home features 10-ft smooth ceilings on the main floor, 9-ft ceilings on the second floor, oversized windows, LED pot lights, and premium 7" hardwood flooring throughout. Over $500,000 has been invested in custom millwork and designer renovations and upgrades. The chef-inspired kitchen is appointed with extended custom cabinetry and top-of-the-line appliances, including a Wolf gas range, 42" Sub-Zero refrigerator/freezer, Miele steam oven, built-in Miele coffee machine, dishwasher, and premium finishes. Two stunning double-sided gas fireplaces create warmth and elegance throughout the home. The luxurious primary ensuite features a frameless glass oversized shower and heated flooring, while the finished basement also offers heated flooring for year-round comfort. Additional features include central vacuum, water softener, central humidifier, two furnaces, two A/C units, HRV air recovery system, washer and dryer, all existing electrical light fixtures, and window coverings. This house offers a breathtaking unobstructed views of the pond and forest in front. Situated within the highly coveted Bayview Secondary School district and close to private schools such as Lauremont, RHMS, and HTS. A rare opportunity to own an extraordinary luxury home in one of Richmond Hill's finest neighborhoods - this is a must-see.
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| Type | Detached |
| Style | 3-Storey |
| Approx. Age | 0-5 |
| Size | 3500-5000 sq. ft. |
| Property Tax | $13,355 |
| Lot Size | 45 ft x 100 ft |
| mls© Number | N13633468 |
| Listed By | HOMELIFE LANDMARK 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%
- $13,717
- Property tax
- $1,113
- Heat allowance
- $150
- Housing costs
- $14,980 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$461,000
gross annual household income
- Payment at 4%
- $11,278 / mo
- Cash down
- $536,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
Values and trends
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