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Ontario

Richmond Hill (Observatory) Real Estate

Browse homes for sale in Richmond Hill (Observatory) • Median $804,450

$804,450Median Price
30Avg Days on Market
31Condo22Detached1House

Explore Richmond Hill (Observatory)

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Housing, rent & expenses
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Parks
Parks & recreation

No listings available

There are currently no active listings in Richmond Hill (Observatory). Check back soon or explore nearby areas.

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About Richmond Hill (Observatory) Real Estate

Richmond Hill (Observatory) is a vibrant, family-friendly community located in the heart of Richmond Hill, Ontario. Known for its serene suburban environment, the area boasts a rich history that dates back to the late 19th century, when it was primarily an agricultural community. As the city evolved, Observatory has transformed into a sought-after neighborhood characterized by its tree-lined streets, well-maintained parks, and a strong sense of community. The neighborhood gets its name from the historic David Dunlap Observatory, which remains a point of interest and serves as a reminder of the area's scientific heritage.

What makes Richmond Hill (Observatory) unique is its perfect blend of urban and suburban living. Residents enjoy easy access to major highways and public transit, making commutes to Toronto and other nearby cities convenient. The proximity to lush green spaces, such as the Richmond Hill Heritage Centre and the expansive Oak Ridges Moraine, provides ample opportunities for outdoor activities and relaxation. The community is known for its diverse culture, with a mix of long-time residents and newcomers, creating a welcoming atmosphere for all.

The character of Observatory is defined by its family-oriented vibe, with many local schools, recreational facilities, and community events that cater to all age groups. From farmers' markets to seasonal festivals, there’s always something happening in the neighborhood. The real estate market here reflects the area's desirability, with homes ranging from charming bungalows to modern condos, appealing to a variety of buyers looking for comfort and community spirit. The diverse housing options make it an attractive choice for families, young professionals, and retirees alike.

77 active listings with a median price of $749,000.

Lifestyle & Community

Living in Richmond Hill (Observatory) offers a balanced lifestyle that combines suburban tranquility with urban conveniences. The community hosts various events throughout the year, including cultural festivals, outdoor movie nights, and seasonal fairs that bring residents together. With a strong emphasis on family and community, local parks like the Richmond Hill Centre for the Performing Arts provide spaces for gatherings, performances, and recreational activities. The friendly vibe encourages neighborly interactions, making it easy to form connections and friendships. Additionally, residents enjoy numerous dining and shopping options nearby, contributing to a vibrant local culture.

Local Amenities

  • Richmond Hill Centre for the Performing Arts
  • David Dunlap Observatory
  • Richmond Hill Public Library - Central Branch
  • Oak Ridges Trail
  • Heritage Park
  • Hillcrest Mall
  • Richmond Hill Golf Club
  • Local Farmers' Market
  • Multiple public and private schools
  • Community Recreation Centres

Points of Interest

  • David Dunlap Observatory
  • Richmond Hill Heritage Centre
  • Oak Ridges Moraine
  • Richmond Hill Centre for the Performing Arts
  • Hillcrest Mall
  • Lake Wilcox
  • Bond Lake Park
  • Richmond Hill Golf Club
  • Yonge Street shopping district
  • The Elgin Mills Community Centre

Market Overview

The real estate market in Richmond Hill (Observatory) is currently active, with 77 listings available and a median listing price of $749,000. Homes here tend to spend an average of 30 days on the market, indicating a steady demand. Buyers can expect a mix of properties ranging from single-family homes to modern townhouses, appealing to various budgets and preferences. As the area continues to grow in popularity, potential buyers should be prepared for competitive offers, especially for well-located and updated homes.

Investment Outlook

Richmond Hill (Observatory) presents solid investment opportunities, particularly for those interested in the rental market. With a diverse demographic and a growing job market, demand for rental properties is expected to remain strong. Additionally, ongoing development in the area, including new residential projects and local amenities, enhances the neighborhood's appeal to future buyers and renters alike. Investors can benefit from the appreciation potential as Richmond Hill continues to evolve as a desirable place to live.

Ideal For

Richmond Hill (Observatory) is ideal for first-time buyers looking for affordable housing options, families seeking good schools and community resources, as well as retirees wanting a peaceful suburban lifestyle. Investors will also find opportunities due to the area's strong rental market and ongoing development.

Browse by Property Type

Condos(31)Detached Homes(22)

Nearby Cities

Toronto (Clanton Park)Newmarket (Central Newmarket)JohnstownBrampton (Sandringham-Wellington)Brampton (Airport Road/ Highway 7 Business Centre)Brampton (Brampton North)

Living in Richmond Hill (Observatory)

Lifestyle

Living in Richmond Hill (Observatory) offers a balanced lifestyle that combines suburban tranquility with urban conveniences. The community hosts various events throughout the year, including cultural festivals, outdoor movie nights, and seasonal fairs that bring residents together. With a strong emphasis on family and community, local parks like the Richmond Hill Centre for the Performing Arts provide spaces for gatherings, performances, and recreational activities. The friendly vibe encourages neighborly interactions, making it easy to form connections and friendships. Additionally, residents enjoy numerous dining and shopping options nearby, contributing to a vibrant local culture.

Local Amenities

Richmond Hill Centre for the Performing ArtsDavid Dunlap ObservatoryRichmond Hill Public Library - Central BranchOak Ridges TrailHeritage ParkHillcrest MallRichmond Hill Golf ClubLocal Farmers' MarketMultiple public and private schoolsCommunity Recreation Centres

Market Insights

The real estate market in Richmond Hill (Observatory) is currently active, with 77 listings available and a median listing price of $749,000. Homes here tend to spend an average of 30 days on the market, indicating a steady demand. Buyers can expect a mix of properties ranging from single-family homes to modern townhouses, appealing to various budgets and preferences. As the area continues to grow in popularity, potential buyers should be prepared for competitive offers, especially for well-located and updated homes.

Investment Potential

Richmond Hill (Observatory) presents solid investment opportunities, particularly for those interested in the rental market. With a diverse demographic and a growing job market, demand for rental properties is expected to remain strong. Additionally, ongoing development in the area, including new residential projects and local amenities, enhances the neighborhood's appeal to future buyers and renters alike. Investors can benefit from the appreciation potential as Richmond Hill continues to evolve as a desirable place to live.

Written with AI assistance using live MLS data, reviewed by our team.

Price Distribution

$400K – $600K
7
$600K – $800K
9
$800K – $1.0M
7
$1.0M – $1.5M
2
$1.5M – $2.0M
4
$2.0M – $3.0M
3
$3.0M+
2

Explore More in Richmond Hill (Observatory)

Cost of Living in Richmond Hill (Observatory)Housing, rent & expensesAffordability CalculatorFind out how much you can affordMortgage CalculatorEstimate monthly paymentsSchools in Richmond Hill (Observatory)Schools & ratings nearbyTransit in Richmond Hill (Observatory)Stops & stations nearbyParks in Richmond Hill (Observatory)Parks & recreation nearby

Frequently Asked Questions About Richmond Hill (Observatory)

How many homes are for sale in Richmond Hill (Observatory)?
There are currently 43 active residential listings in Richmond Hill (Observatory). This includes detached homes, condos, townhouses, and other property types. Listings are updated throughout the day from CREA's DDF®.
What is the median home price in Richmond Hill (Observatory)?
The median list price for homes in Richmond Hill (Observatory) is $804,450. Actual prices vary by property type, size, and neighbourhood. Use the filters above to narrow your search by price range.
What types of properties are available in Richmond Hill (Observatory)?
Properties available in Richmond Hill (Observatory) include Condo (31), Detached (22), House (1). You can filter by property type using the search options on this page.
How long do homes stay on the market in Richmond Hill (Observatory)?
Homes in Richmond Hill (Observatory) spend a median of 30 days on market. This can vary depending on price range, property type, and local market conditions.
How often are listings updated for Richmond Hill (Observatory)?
Listings on this page are updated multiple times per day directly from CREA's DDF® (Data Distribution Facility). New listings typically appear within minutes of being added to the MLS® system.
Are there neighbourhood-level listings for Richmond Hill (Observatory)?
Yes. You can browse homes in specific neighbourhoods within Richmond Hill (Observatory) using the area links on this page. Each neighbourhood page includes local stats, pricing data, and property details.

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Oakwyn Realty Ltd.

Oakwyn Realty Ltd.

Search Listings Online Inc.

3195 Oak St, Vancouver, BC V6H 2L2

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