Homes for Sale in Observatory
24 active · residential · updated daily
Browse 24 homes for sale across Observatory, Ontario. Expect to see asking prices between $429K and $2.89M; the midpoint sits close to $933,500. Every listing below links straight to its full home details, photos, and map location.
The mix is led by Detached, Townhouse, and Apartment — the dominant styles of home in this market. Inventory is updated every day from current MLS® feeds.
Market Snapshot24 homes
- Active homes
- 24
- Median price
- $933,500
- Average price
- $1,334,303
- Price range
- $429K – $2.89M
Sold data
Homes in Observatory — recent sold market
Homes in Observatory took a median of 22 days to sell over the last 365 days, with the quickest quarter selling within 14 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 43 days.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 $748,000.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 30% of sales closed above the list price.
Around 18% of sellers reduced their price before finding a buyer.
- Median days to sell
- 22
- Median sale price
- $748,000
- Sale-to-list ratio
- 97.0%
- Sold above asking
- 30%
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.
On the market
Homes for Sale in Observatory

$638,000
Townhouse321,000–1,199 sqft613 - 75 WELDRICK ROAD E, Observatory, Richmond Hill

$1,699,000
Detached6+242,500–3,000 sqft25 CYGNUS DRIVE, Observatory, Richmond Hill

$639,888
Apartment221,000–1,199 sqft502 - 100 OBSERVATORY LANE, Observatory, Richmond Hill

$669,900
Townhouse321,200–1,399 sqft109 - 75 WELDRICK ROAD E, Observatory, Richmond Hill

$2,599,999
Detached5+163,500–5,000 sqft181 MILKY WAY DRIVE, Observatory, Richmond Hill

$550,000
Apartment2+12600–699 sqft502 - 9471 YONGE STREET, Observatory, Richmond Hill

$525,000
Apartment3+121,000–1,199 sqft209 - 33 WELDRICK ROAD E, Observatory, Richmond Hill

$2,700,000
Detached5+163,500–5,000 sqft164 MILKY WAY DRIVE, Observatory, Richmond Hill

$1,299,900
Detached5+142,000–2,500 sqft43 BERWICK CRESCENT, Observatory, Richmond Hill

$658,000
Townhouse331,400–1,599 sqft732 - 75 WELDRICK ROAD E, Observatory, Richmond Hill

$769,000
Townhouse221,200–1,399 sqft10 - 23 OBSERVATORY LANE, Observatory, Richmond Hill

$429,000
Apartment11500–599 sqft315 - 9471 YONGE STREET, Observatory, Richmond Hill

$1,868,000
Detached5+152,500–3,000 sqft49 CYGNUS DRIVE, Observatory, Richmond Hill

$1,588,800
Detached6+242,500–3,000 sqft8 ELMSLEY DRIVE, Observatory, Richmond Hill

$679,000
Townhouse331,200–1,399 sqft938 - 75 WELDRICK ROAD E, Observatory, Richmond Hill

$638,000
Apartment3+12900–999 sqft349 - 9471 YONGE STREET, Observatory, Richmond Hill

$538,000
Apartment2+12700–799 sqft641 - 9471 YONGE STREET, Observatory, Richmond Hill

$758,000
Townhouse331,200–1,399 sqft1002 - 75 WELDRICK ROAD E, Observatory, Richmond Hill

$2,888,888
Detached453,500–5,000 sqft51 METEORITE STREET, Observatory, Richmond Hill

$1,890,000
Detached442,500–3,000 sqft33 VALLEYFORD AVENUE, Observatory, Richmond Hill

$2,688,888
Detached8+363,500–5,000 sqft121 MILKY WAY DRIVE, Observatory, Richmond Hill

$1,098,000
Detached4+131,100–1,500 sqft56 SUNSHINE DRIVE, Observatory, Richmond Hill

$2,720,000
Detached6+263,000–3,500 sqft11 DAVID DUNLAP BOULEVARD, Observatory, Richmond Hill

$1,490,000
Townhouse562,500–3,000 sqft9376 BAYVIEW AVENUE, Observatory, Richmond Hill
Nearby
Homes for sale nearby
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Frequently asked questions
How many homes are for sale in Observatory?
There are 24 homes for sale in Observatory, Ontario as of today. The list updates daily from current MLS® data.
What is the typical price of homes for sale in Observatory?
The median asking price for homes for sale in Observatory is approximately $933,500. Prices range from $429K to $2.89M. Individual prices vary with size, condition, and neighbourhood.
What is the average price of homes for sale in Observatory?
The average asking price is $1,334,303, while the median is $933,500. When the average is higher, it indicates a cluster of premium home listings pulling the mean upward. The median is usually the better benchmark for a typical buyer.
How often are homes listings in Observatory updated?
Listings are refreshed every day from live MLS® feeds, so counts and prices on this page reflect what is currently on the market in Observatory. New listings are added and sold properties are removed within 24 hours.
What is the estimated mortgage payment for homes in Observatory?
Based on the median price of $933,500, a 20% down payment of $187K leaves a principal of about $747K. At a 5% rate over 25 years, that works out to roughly $4,366/month before property tax and condo fees. Use our mortgage calculator for a personalised estimate.
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What types of homes are available for sale in Observatory?
Active homes listings in Observatory are primarily Detached, Townhouse, and Apartment. Each property page includes full details, photos, and a location map so you can compare exactly what's on offer.
How do I find the right home for sale in Observatory?
Use the AI chat on PropertySearchGPT to describe the homes for sale in Observatory you need — budget, bedrooms, neighbourhood — and get an instant shortlist from the 24 active homes. You can also filter by price, property type, and distance on the interactive map. Every listing links to full details, photos, and recent comparable sales.
Can I get notified when a new home is listed for sale in Observatory?
Yes — create a free account and set a saved search for homes for sale in Observatory. PropertySearchGPT will send you an alert as soon as a matching home hits the MLS®, so you never miss a new listing.
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