51 Meteorite Street, Richmond Hill, ON
Observatory, Richmond Hill · MLS® N13770154
About this home
In short
- Luxury Rare Found Rear 70' Wide BackyardNestled in the prestigious and highly sought-after Observatory Hill Neighborhood, this exceptional home features over $500K in...
- The exceptional open-concept layout features 10ft ceilings on the main floor and 9ft ceilings on the 2nd floor and basement, LED pot lights, and premium 7-inch...
- Automatic Toto Toilet for Powder Rm, Primary Ensuite & 2nd Ensuite.
- The chef-inspired kitchen showcases a HEATED floor, custom ceiling-height cabinetry, top-of-the-line built-in appliances including a Wolf gas cooktop,42" Sub-Zero...
- The luxurious primary ensuite includes a frameless glass oversized shower, and HEATED flooring.
**Luxury Rare Found Rear 70' Wide Backyard**Nestled in the prestigious and highly sought-after Observatory Hill Neighborhood, this exceptional home features over $500K in upgrades-nothing here is standard. Offering 4,386 sqft above grade, plus a HEATED basement with oversized upgraded windows, this residence is thoughtfully designed for luxury, comfort, and functionality. The exceptional open-concept layout features 10ft ceilings on the main floor and 9ft ceilings on the 2nd floor and basement, LED pot lights, and premium 7-inch hardwood flooring throughout. Automatic Toto Toilet for Powder Rm, Primary Ensuite & 2nd Ensuite. Custom aluminum blast-resistant front door and rear-yard double door with blast-resistant glass.The chef-inspired kitchen showcases a HEATED floor, custom ceiling-height cabinetry, top-of-the-line built-in appliances including a Wolf gas cooktop,42" Sub-Zero refrigerator/freezer, Wolf steamer and oven, built-in microwave, dishwasher, and beverage fridge. Elegant porcelain waterfall countertops and a matching porcelain backsplash add a sophisticated finish. A stunning double-sided fireplace wrapped in porcelain creates a seamless focal point between the kitchen and family room, offering warmth and elegance. The spacious primary bedroom features a customized walk-in closet. The luxurious primary ensuite includes a frameless glass oversized shower, and HEATED flooring. A large retreat room provides exceptional flexibility can be used as a gym, second closet, private office, or additional living space. The 2nd and 3rd bedrooms feature 10ft ceilings and floor-to-ceiling windows, providing an abundance of natural light. A spacious third-floor loft offers a luxurious bar area and walk-out access to a large private terrace-ideal for entertaining or relaxing.The 70-ft-wide oversized backyard offers tremendous potential for outdoor living, landscaping, entertaining, or future possibilities.The basement also presents the potential for a walk-up basement.
Key facts
- Property type
- Detached, 3-Storey
- MLS®
- N13770154
- Bedrooms
- 4
- Bathrooms
- 5 (1 half)
- Size
- 3500-5000 sq ft
- Lot
- 45 × 107.53 ft
- Cross streets
- Bayview / 16th Avenue
- Parking
- 2 garage · 5 parking (built-in)
- Driveway
- Private Double
- Basement
- Partially Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $12,986 / 2025
- Days on market
- 39
- Listing brokerage
- CENTURY 21 LANDUNION REALTY INC.
Rooms
double closet · led lighting · access to garage
bar sink · 3 pc bath · w/o to terrace
hardwood floor · window floor to ceiling · sliding doors
hardwood floor · pot lights · large window
b/i appliances · heated floor · custom counter
5 pc ensuite · heated floor · walk-in closet(s)
4 pc bath · hardwood floor · large closet
3 pc bath · hardwood floor · pot lights
hardwood floor · 2 way fireplace · pot lights
4 pc bath · window floor to ceiling · hardwood floor
5 pc ensuite · hardwood floor · 2 way fireplace
window floor to ceiling · 3 pc ensuite · walk-in closet(s)
No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.
Considering this property? Request a written price readNeighbourhood & location
Observatory, Richmond Hill, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Get the full neighbourhood report (schools, parks, transit & safety) →
Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $2,311,110 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $12,779
- Property tax
- $1,082
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $13,861
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $58,697
- Estimated closing costs
- $58,697
Plus your down payment of $577,778. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $766,712
- Principal paid down
- $282,375
- Interest paid
- $484,337
- Balance remaining
- $2,028,735
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 LANDUNION REALTY INC.. MLS®/PropTx.