Observatory is the 6th most affordable of the 18 Richmond Hill neighbourhoods with recorded sales, with a median sold price of $991,250 over the last 12 months. 48% of what is for sale here is detached houses. Jump City are among the places nearby. 30 homes are for sale on Zown today.
At Observatory’s median sold price of $991,250, a Down Payment boost works out to about $9,913 (1% of the price), paid at closing. Boosts go up to $25,000.
Over the last 12 months 32 homes sold in Observatory, at a median of $991,250. That makes it the 6th most affordable of the 18 Richmond Hill neighbourhoods with recorded sales. By home type that is detached at $1,809,000, semi-detached at $1,590,000, townhouse at $727,000 and condo at $525,000. Sales closed in a median of 80 days on market, slower than the 77-day Richmond Hill median, at 100% of the asking price against 99% city-wide.
What comes up for sale here is mostly detached houses (48%), condo townhouses (29%) and condo apartments (23%). 30 homes are on the market in Observatory right now.
Within walking distance you will find restaurants such as Kim Po Vietnamese Cuisine and Kaiyo Sushi, cafes such as Oranous Pastry and Breso Bakery and grocery shops such as Oranous Pastry and 大統華 T&T Supermarket.
Median sold price by home type over the last 12 months, next to the same figure for Richmond Hill.
Detached
$1,809,000
22% above the Richmond Hill median
Semi-detached
$1,590,000
52% above the Richmond Hill median
Townhouse
$727,000
4% above the Richmond Hill median
Condo
$525,000
1% below the Richmond Hill median
Pace and competition over the last 12 months, next to the same figures across the city.
Richmond Hill median 77
Richmond Hill average 99%
Last 12 months
The 30 homes on the market today, by type.
Median sold price each month in Observatory against Richmond Hill, over the last 12 months.
Zown is a brokerage, so we earn a commission on the home you buy and give 1% of the price back to you, up to $25,000, paid at closing.
| Home type | Median sold price | Estimated boost |
|---|---|---|
| Detached | $1,809,000 | $18,090 |
| Semi-detached | $1,590,000 | $15,900 |
| Townhouse | $727,000 | $7,270 |
| Condo | $525,000 | $5,250 |
Estimates only. Your boost depends on the home you buy and the commission offered on it, and it is paid at closing. It adds to your overall savings and is most often used for closing costs.
Run your numbersCentred on the homes currently for sale in Observatory.
Places within about a kilometre of the middle of the neighbourhood.
Places data from OpenStreetMap contributors.
Scores out of 100, computed from the amenities and transit stops within one kilometre of each home.
Walkable
42/100
Transit
0/100
Cycling
41/100
Restaurants
76/100
Shopping
24/100
Parks
11/100
Schools nearby
8/100
Quiet
48/100
Prices, sales and listing counts refresh daily from the MLS. Last updated .
