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The Observatory Condo

100 Observatory Lane, Richmond Hill, ON L4C 1T4

The Observatory Condo, at 100 Observatory Lane, is a condo building in the Observatory area of Richmond Hill, Ontario. It was built in 1987, has 201 residential units and stands 15 storeys tall.

Observatory
Year Built
1987
Units
201
Floors
15
Building Type
High-rise apartment condo

Market Overview

Avg Sold Price
$715,400
Median Sold
$763,750
Price Range
$490,000 – $865,000
Avg $/SqFt
$610
Sales (2yr)
10
Active Listings
1
Avg List Price
$639,888
Avg Days on Market
29

Last sale: Mar 14, 2026

Condo Fees

Avg Monthly Fee
$1,105
Median Fee
$1,100
Avg $/SqFt
$0.95
Units w/ Fee Data
25
Fee Includesheat, water, hydro, building insurance

Building Features

ExteriorBrick
Amenitiesindoor pool, sauna, hot tub, fitness center, tennis court, guest suite, library, party/meeting room, games room
Building TypeHigh-rise apartment condo
Floors15 storeys
Year Built1987

Policies

Pet PolicyAllowed with restrictions

Management

Management CompanyPropertyWright Management Inc.

About This Building

The Observatory Condo is a 15-storey high-rise apartment building completed in 1987, located at 100 Observatory Lane in Richmond Hill's Observatory neighbourhood. The building comprises multiple residential units averaging approximately 1,170 square feet. Recent sales have ranged around $715,000, with rental units averaging roughly $3,050 monthly and condo fees averaging $1,105 per month, or about $0.95 per square foot. The building features an indoor pool, sauna, hot tub, fitness centre, tennis court, guest suite, and games room. Situated within walking distance of Hillcrest Mall, parks, grocery stores, and numerous restaurants, the location offers excellent urban convenience. Before making an offer, retain a lawyer to obtain and review the property's status certificate, reserve fund study, financial statements, and by-laws to ensure full transparency on the building's financial health and governance.

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