$1,890,000
For sale: Detached

Custom-built executive home on a quiet, tree-lined street in the heart of Observatory, Richmond Hill. This 4-bedroom, 4-bathroom home spans approximately 2,725 sq ft above grade on a 54.3 x 112.24 ft lot with a rare triple-car garage. The main level features 9-ft ceilings, a gas fireplace in the family room, hardwood flooring and a bright eat-in kitchen with walkout to the deck. The primary bedroom offers a 6-piece ensuite and walk-in closet. Bedrooms 2 and 3 share a semi-ensuite and bedroom 3 has a walkout to the balcony. The fourth bedroom has its own 4-piece ensuite. Finished basement with large recreation room, 4-piece bath, den and separate entrance through the 3-car garage. Minutes to Bayview Ave, top-rated schools, transit and shopping.
Sold data
Detached homes in Richmond Hill (Observatory) took a median of 25 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 49, across 275 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 62 days.
The median sale price was $1,499,000.
Homes sold for about 3.7% below asking on average, so there was room to negotiate.
About 25% of sales closed above the list price.
Around 16% of sellers reduced their price before finding a buyer.
Based on 275 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Richmond Hill (Observatory) has 43 Fraser Institute–rated schools (35 elementary and 8 secondary), averaging 7.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
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