209 Hillsview Drive, Richmond Hill, ON

Observatory, Richmond Hill · MLS® N13749490

$2,798,000
For Sale
Listed 44 days agoNo offer date stated
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4Bedrooms
5Bathrooms
3Garage · 5 parking
3500-5000Sq ft

About this home

In short

  • Exceptional 4-Year-New Luxury Residence by Regal Crest in Prestigious Observatory Hill.
  • Featuring 10' ceilings on the main floor, hardwood flooring throughout, elegant tray ceilings with crown moulding, LED cove lighting, and extensive upgrades.
  • The designer chef-inspired kitchen showcases premium WOLF & SUB-ZERO appliances, including a 6-burner gas range and ASKO dishwasher, complemented by full-height...
  • The luxurious primary retreat features a 5-piece ensuite and dual walk-in closets, while a second bedroom includes its own ensuite-perfect for family or guests.
  • Additional features include a 200-amp electrical panel, central air conditioning, modern furnace, air exchange system, and a spacious 3-car garage with high ceilings...

Exceptional 4-Year-New Luxury Residence by Regal Crest in Prestigious Observatory Hill! This beautifully designed home offers refined craftsmanship, premium finishes, and turnkey living in one of Richmond Hill's most sought-after family communities. Featuring 10' ceilings on the main floor, hardwood flooring throughout, elegant tray ceilings with crown moulding, LED cove lighting, and extensive upgrades.The bright, open-concept layout is ideal for both everyday living and entertaining. The designer chef-inspired kitchen showcases premium WOLF & SUB-ZERO appliances, including a 6-burner gas range and ASKO dishwasher, complemented by full-height cabinetry and quartz countertops. The spacious great room features a gas fireplace and south-facing exposure, creating a warm and inviting atmosphere filled with natural light.The home offers generously sized bedrooms with upgraded closet organizers. The luxurious primary retreat features a 5-piece ensuite and dual walk-in closets, while a second bedroom includes its own ensuite-perfect for family or guests.A full unfinished basement with 9' ceilings provides excellent potential for future customization and additional living space. Additional features include a 200-amp electrical panel, central air conditioning, modern furnace, air exchange system, and a spacious 3-car garage with high ceilings and built-in storage potential.Ideally located close to parks, top-ranked schools including Bayview Secondary School, Richmond Hill Montessori School, GO Transit, major highways, shopping, dining, and everyday amenities.A rare opportunity to own a modern, move-in-ready luxury home in the prestigious Observatory Hill community.

Key facts

Property type
Detached, 2-Storey
MLS®
N13749490
Bedrooms
4
Bathrooms
5 (1 half)
Size
3500-5000 sq ft
Lot
50 × 100 ft
Cross streets
Bayview/16th Ave
Parking
3 garage · 5 parking (built-in)
Driveway
Private
Basement
Full, Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$12,950 / 2025
Days on market
44
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

Great RoomGround7.46 × 4.32 m

hardwood floor · hardwood floor · fireplace

Bedroom 3Second4.57 × 3.66 m

hardwood floor · 4 pc ensuite · walk-in closet(s)

Primary BedroomSecond6.10 × 5.54 m

hardwood floor · 5 pc ensuite · walk-in closet(s)

KitchenGround4.80 × 3.70 m

hardwood floor · combined w/family · stainless steel appl

OtherBasement17.82 × 11.89 m

unfinished · open concept

Bedroom 4Second4.88 × 3.81 m

hardwood floor · 4 pc ensuite · walk-in closet(s)

Living RoomGround5.18 × 4.80 m

hardwood floor · combined w/dining · carpet free

Bedroom 2Second4.27 × 3.66 m

hardwood floor · 4 pc ensuite · closet

Dining RoomGround5.18 × 4.80 m

hardwood floor · combined w/living

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

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Neighbourhood & location

Observatory, Richmond Hill, ON

CommuteTime from this home to where you spend your day

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Nearby neighbourhoods

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

Bayview Hill
$2.52M
Crosby
$2.05M
Rouge Woods
$1.77M
North Richvale
$1.46M
Mill Pond
$1.56M

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) →

Affordability & Mortgage

Affordability
$12,752/mo
$522KIncome needed
5.4×Price ÷ income
$2,943Weekly cost
$56,425Land transfer tax, one-time (Ontario)
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.

92%mortgage
Mortgage $12,752Property tax $1,079Total carry $13,831

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$12,376per month

Mortgage amount $2,238,400 · 4.49% over 25 years

$559,600Down payment (20.0%)
$2,238,400Loan before insurance
$0CMHC premium
$13,456Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$12,376
Property tax
$1,079
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$13,456

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

One-time closing costs

Ontario land transfer tax
$56,425
Estimated closing costs
$56,425

Plus your down payment of $559,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$14,980/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

$1,474,549Total interest paid
$3,712,949Total of all payments
Principal $2,238,400 Interest $1,474,549
YearPrincipalInterestBalance
1$49,952$98,566$2,188,448
2$52,220$96,298$2,136,229
3$54,591$93,927$2,081,638
4$57,069$91,449$2,024,569
5$59,660$88,858$1,964,909
6$62,369$86,149$1,902,540
7$65,201$83,317$1,837,339
8$68,161$80,357$1,769,177
9$71,256$77,262$1,697,921
10$74,491$74,027$1,623,430
11$77,874$70,644$1,545,556
12$81,409$67,109$1,464,147
13$85,106$63,412$1,379,041
14$88,970$59,548$1,290,071
15$93,009$55,508$1,197,062
16$97,232$51,285$1,099,829
17$101,647$46,871$998,182
18$106,262$42,256$891,919
19$111,087$37,431$780,832
20$116,131$32,387$664,701
21$121,404$27,114$543,297
22$126,916$21,602$416,381
23$132,678$15,839$283,703
24$138,703$9,815$145,000
25$145,000$3,518$0

At the end of your 5-year term

Total paid over the term
$742,590
Principal paid down
$273,491
Interest paid
$469,099
Balance remaining
$1,964,909

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.

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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$7,350/mo
$88,200Gross annual rent
2.3%Cap rate after taxes and upkeep

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.

3.2%
Gross yield
− Property tax $12,950− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $64,148

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON REALTY INC.. MLS®/PropTx.

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