210-33 Weldrick Road, Richmond Hill, ON

Observatory, Richmond Hill · MLS® N13223310

$599,999
For Sale
Listed 46 days ago
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2Bedrooms
2Bathrooms
2Garage
1200-1399Sq Ft

About this home

Welcome to this exceptional corner suite at 33 Weldrick Road East, where spacious living, natural light, and outstanding amenities come together in one of Richmond Hill's most desirable communities. Offering approximately 1,300 sq. ft. of thoughtfully designed living space, this bright 2-bedroom, 2-bathroom residence showcases and an inviting layout ideal for both everyday living and entertaining. A sun-filled solarium welcomes you inside, providing the perfect space for a home office, reading lounge, or quiet retreat. The expansive open-concept living and dining areas are bathed in natural light, creating a warm and elegant setting for relaxing or hosting family and friends. The updated kitchen is equipped with stainless steel appliances, ample cabinetry, and a cozy breakfast area for casual meals. New laminate flooring installed in 2024 adds a fresh, contemporary feel throughout the suite. The generously sized primary bedroom serves as a private retreat, complete with a large walk-in closet and a 4-piece ensuite bath. A spacious second bedroom offers flexibility for guests, a home office, or additional family living space. Practical features include in-suite laundry, abundant storage, a tandem parking space accommodating two vehicles, and a private locker, ensuring convenience at every turn. Residents enjoy an impressive collection of resort-style amenities, including an indoor swimming pool, whirlpool, saunas, fitness centre, party room, billiards and card rooms, guest suites, outdoor BBQ patio, tennis courts, shuffleboard, on-site management, security cameras, and a dedicated superintendent. Perfectly situated within walking distance to shopping, restaurants, banking, parks, and public transit, this home offers the ideal blend of comfort, convenience, and community living. A rare opportunity to enjoy a vibrant lifestyle in a well-established Richmond Hill neighbourhood.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13223310
Bedrooms
2
Bathrooms
2
Size
1200-1399
Cross streets
Yonge St. / Weldrick Rd
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Foundation
Poured Concrete
Roof
Unknown
Maintenance
$1,425/mo
Exposure
South East
Property tax
$3,095 / 2025
Days on market
46
Listing brokerage
KW Living Realty
Moe’s TakeTeam Asgarian · Broker
Below comparables
$699Kest. value

Listed at $599,999, this home is about 14% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Observatory, so I widened the search to the surrounding area.

Based on 18 similar homes nearby, adjusted for size, beds, and baths.Median of 18 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $768K, a close match.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $728K
  • Bedrooms −$30K
  • Adjusts to $698K

That comparable adjusts to $698K; the $699K estimate above is the median of all 18 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

The assigned public school is Sixteenth Avenue PS. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a very walkable address with everyday errands close by. Weldrick Rd Stop # 2183 is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$600KGreat deal$760KOverpriced

Total price vs nearby homes. Fair value about $699K, median of 18 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Open-concept layout: modern, sought-after flow.
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby in Observatory · asking prices
$631kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

502-100 Observatory Lane$650k209-33 Weldrick Road$585k1011-33 Weldrick Road$659k

The 3 closest active listings nearby.

See all comparable homes
600kThis home650k585k659kThis home vs active comparables
Live market pulseActive comparables in Richmond Hill · median list $549K
$462this home / sqft
99active listings nearby
46days on market

This home lists 34% below the area average of $703/sqft.

32 days longer than the Richmond Hill average (14 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Observatory, Richmond Hill, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

87/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Weldrick Rd Stop # 2183, about 35 m away

20+ transit stops7 grocery20+ dining20+ parks15 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

North Richvale
$701K
Harding
$515K
Langstaff
$541K
Crosby
$535K
South Richvale
$594K

Typical asking price of active listings of the same type, per area (outliers removed). Richmond Hill.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Sixteenth Avenue PS
70%
Sixteenth Avenue PSPublic · Elementary · JK-8 · 1.0 km awayAround the GTA average · 70% meet the provincial standard

Affordability & Mortgage

Affordability
$2,735/mo
$143KIncome needed
4.2×Price ÷ income
$631Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

62%mortgage
Mortgage $2,735Property tax $258Condo fee $1,425Total carry $4,418

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,561per month

Mortgage amount $479,999 · 4.14% over 25 years

$120,000Down payment (20.0%)
$479,999Loan before insurance
$0CMHC premium
$4,244Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,561
Property tax
$258
Condo / maintenance fees
$1,425
Heating
$0
Estimated monthly cost
$4,244

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$8,475
Estimated closing costs
$8,475

Plus your down payment of $120,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,111/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$288,437Total interest paid
$768,436Total of all payments
Principal $479,999 Interest $288,437
YearPrincipalInterestBalance
1$11,245$19,493$468,754
2$11,715$19,022$457,039
3$12,205$18,532$444,834
4$12,716$18,022$432,119
5$13,247$17,490$418,871
6$13,802$16,936$405,070
7$14,379$16,359$390,691
8$14,980$15,757$375,710
9$15,607$15,130$360,103
10$16,260$14,478$343,844
11$16,940$13,798$326,904
12$17,648$13,089$309,255
13$18,387$12,351$290,868
14$19,156$11,582$271,713
15$19,957$10,780$251,756
16$20,792$9,946$230,964
17$21,661$9,076$209,302
18$22,568$8,170$186,735
19$23,512$7,226$163,223
20$24,495$6,242$138,728
21$25,520$5,218$113,209
22$26,587$4,150$86,622
23$27,699$3,038$58,923
24$28,858$1,880$30,065
25$30,065$673$0

At the end of your 5-year term

Total paid over the term
$153,687
Principal paid down
$61,128
Interest paid
$92,559
Balance remaining
$418,871

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$4,100/mo
$49,200Gross annual rent
3.8%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

8.2%
Gross yield
− Property tax $3,095− Condo fees $17,100− Insurance $600− Vacancy & upkeep $5,412Net operating income $22,993

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KW Living Realty. MLS®/PropTx.

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