$1,250/mo
For rent: Detached

WELCOME TO THIS BRIGHT, FRESHLY PAINTED BASEMENT UNIT IN THE FAMILY-FRIENDLY OBSERVATORY NEIGHBORHOOD OF RICHMOND HILL. THIS SELF-CONTAINED SUITE FEATURES A SEPARATE ENTRANCE, PRIVATE KITCHEN AND WASHROOM, AND AN UNSHARED WASHER/DRYER. RECENT UPGRADES INCLUDE A COOKTOP (2026), MICROWAVE-HOOD (2026), FRIDGE (2026), BROADLOOM CARPETING (2026), AND REFRESHED KITCHEN CABINETRY. INCLUDES ONE DRIVEWAY PARKING SPOT; TENANT IS RESPONSIBLE FOR 1/3 OF UTILITIES.IDEALLY LOCATED STEPS FROM YONGE STREET, TRANSIT, HILLCREST MALL, GROCERIES, AND PARKS. NO PETS & NO SMOKING.
Sold data
Homes in Observatory took a median of 24 days to sell over the last 365 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 44, across 97 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 43 days.
The median sale price was $739,000.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 29% of sales closed above the list price.
Around 19% of sellers reduced their price before finding a buyer.
Based on 97 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. 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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