938-75 Weldrick Road, Richmond Hill, ON

Observatory, Richmond Hill · MLS® N13836962

$720,000
For Sale
Listed 21 days agoNo offer date stated
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3Bedrooms
3Bathrooms
1Garage
1200-1399Sq ft

About this home

In short

  • Beautifully Renovated 3-Bedrooms and 3 -Washrooms Condo Townhome in the Highly Sought-After Observatory Community.
  • Features include a brand-new Kitchen with custom cabinetry, granite countertops, new Pot lights throughout, Fresh Paint, hardwood and laminate flooring, renovated...
  • Featuring 3 spacious bedrooms and 3 bathrooms, this home offers a functional open-concept main floor that seamlessly extends to a picturesque private patio-perfect...
  • Easy access to GO Transit, Highways 404 and 407, and top-ranked schools makes this an exceptional opportunity for families and professionals alike.

Beautifully Renovated 3-Bedrooms and 3 -Washrooms Condo Townhome in the Highly Sought-After Observatory Community. Move-in ready and thoughtfully updated throughout, this stunning home offers low maintenance fees and a long list of recent upgrades. Features include a brand-new Kitchen with custom cabinetry, granite countertops, new Pot lights throughout, Fresh Paint, hardwood and laminate flooring, renovated (partially) bathrooms with modern Vanities and Fixtures, new Windows, a new Front Entry Door, and New Closet Doors. Featuring 3 spacious bedrooms and 3 bathrooms, this home offers a functional open-concept main floor that seamlessly extends to a picturesque private patio-perfect for outdoor dining, entertaining, or simply relaxing. Located in the prestigious Observatory community, just steps to H Mart, Hillcrest Mall, T&T Supermarket, Viva Transit, parks, restaurants, and everyday amenities. Easy access to GO Transit, Highways 404 and 407, and top-ranked schools makes this an exceptional opportunity for families and professionals alike.

Key facts

Property type
Condo Townhouse, Stacked Townhouse
MLS®
N13836962
Bedrooms
3
Bathrooms
3 (1 half)
Size
1200-1399 sq ft
Cross streets
Weldrick Rd. E and Yonge ST.
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$444/mo
Exposure
South East
Property tax
$2,712 / 2026
Days on market
21
Listing brokerage
CENTURY 21 ATRIA REALTY INC.

Rooms

Living RoomMain6.29 × 4.47 m

combined w/dining · open concept

Dining RoomMain6.29 × 4.47 m

combined w/living · glass doors · w/o to patio

Bedroom 2Second3.28 × 2.34 m

large window · closet · hardwood floor

KitchenMain2.36 × 2.82 m

double sink · renovated · granite counters

Primary BedroomSecond3.12 × 4.37 m

4 pc ensuite · large window · hardwood floor

Bedroom 3Second2.90 × 2.82 m

large window · closet · hardwood floor

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.

Considering this property? Request a written price read

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.

North Richvale
$894K
Langstaff
$646K
Mill Pond
$659K
Doncrest
$961K
Headford Business Park
$900K

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
$3,282/mo
$144KIncome needed
5.0×Price ÷ income
$757Weekly cost
$10,875Land 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.

83%mortgage
Mortgage $3,282Property tax $226Condo fee $444Total carry $3,952

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,185per month

Mortgage amount $576,000 · 4.49% over 25 years

$144,000Down payment (20.0%)
$576,000Loan before insurance
$0CMHC premium
$3,855Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,185
Property tax
$226
Condo / maintenance fees
$444
Heating
$0
Estimated monthly cost
$3,855

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

One-time closing costs

Ontario land transfer tax
$10,875
Estimated closing costs
$10,875

Plus your down payment of $144,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,855/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

$379,441Total interest paid
$955,441Total of all payments
Principal $576,000 Interest $379,441
YearPrincipalInterestBalance
1$12,854$25,364$563,146
2$13,437$24,780$549,709
3$14,048$24,170$535,661
4$14,685$23,532$520,976
5$15,352$22,865$505,623
6$16,049$22,168$489,574
7$16,778$21,440$472,796
8$17,540$20,678$455,257
9$18,336$19,882$436,920
10$19,169$19,049$417,752
11$20,039$18,179$397,713
12$20,949$17,269$376,764
13$21,900$16,318$354,864
14$22,894$15,323$331,970
15$23,934$14,284$308,036
16$25,021$13,197$283,015
17$26,157$12,061$256,859
18$27,344$10,873$229,515
19$28,586$9,632$200,929
20$29,884$8,334$171,045
21$31,240$6,977$139,805
22$32,659$5,559$107,146
23$34,142$4,076$73,004
24$35,692$2,526$37,312
25$37,312$905$0

At the end of your 5-year term

Total paid over the term
$191,088
Principal paid down
$70,377
Interest paid
$120,712
Balance remaining
$505,623

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
4.9%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.

6.8%
Gross yield
− Property tax $2,712− Condo fees $5,329− Insurance $600− Vacancy & upkeep $5,412Net operating income $35,147

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 ATRIA REALTY INC.. MLS®/PropTx.

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