36 Moonlight Lane, Richmond Hill, ON

Observatory, Richmond Hill · MLS® N13856378

$988,000
For Sale
Listed 17 days agoNo offer date stated
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3Bedrooms
3Bathrooms
1Garage · 3 parking
1100-1500Sq ft

About this home

In short

  • Welcome to 36 Moonlight Cres Located in the Heart of Richmond Hill.
  • Nestled in a family-friendly neighborhood, this beautifully renovated detached 3 bedroom home offering upgraded kitchen With quartz countertop and backsplash...
  • The finished lower floor provides additional approximately 446 sqft living space with bar and new wine cooler, ideal for a home office, kids play room, or gym.
  • The backyard features a patio - great for outdoor dining & entertaining, Located close to great schools, parks, shopping, public transit, GO train, Hill Crest Mall...

Welcome to 36 Moonlight Cres Located in the Heart of Richmond Hill! Nestled in a family-friendly neighborhood, this beautifully renovated detached 3 bedroom home offering upgraded kitchen With quartz countertop and backsplash, breakfast area, Brand New stainless steel appliances, A bright and functional layout living and dining area with & sliding door overlooking the backyard. Upstairs, you'll find three generously sized bedrooms and upgraded bathroom. The finished lower floor provides additional approximately 446 sqft living space with bar and new wine cooler, ideal for a home office, kids play room, or gym. Recent upgrades include; a new flooring all over, fresh painting, new pot lights, & new laundry room with Brand New Washer/Dryer. The backyard features a patio - great for outdoor dining & entertaining, Located close to great schools, parks, shopping, public transit, GO train, Hill Crest Mall, all major amenities. This home combines comfort, convenience, and natural beauty in one perfect package.

Key facts

Property type
Detached, 2-Storey
MLS®
N13856378
Bedrooms
3
Bathrooms
3 (1 half)
Size
1100-1500 sq ft
Lot
29.52 × 109.88 ft
Cross streets
Yonge/16th
Parking
1 garage · 3 parking (attached)
Driveway
Other
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$5,232 / 2025
Days on market
17
Listing brokerage
HOMELIFE GOLDEN PALACE REALTY INC.

Rooms

Bedroom 3Second3.80 × 2.90 m

Laminate

Primary BedroomSecond4.11 × 3.20 m

laminate · double closet · window

Living RoomMain4.40 × 3.15 m

fireplace · laminate · w/o to patio

KitchenMain4.65 × 2.51 m

stainless steel appl · quartz counter

Dining RoomMain3.15 × 2.88 m

Laminate

RecreationLower7.02 × 3.90 m

Laminate

Bedroom 2Second4.11 × 3.11 m

Laminate

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
$1.46M
South Richvale
$4.06M
Crosby
$2.05M
Bayview Hill
$2.52M
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
$4,503/mo
$189KIncome needed
5.2×Price ÷ income
$1,039Weekly cost
$16,235Land 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.

91%mortgage
Mortgage $4,503Property tax $436Total carry $4,939

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)
$4,370per month

Mortgage amount $790,400 · 4.49% over 25 years

$197,600Down payment (20.0%)
$790,400Loan before insurance
$0CMHC premium
$4,806Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,370
Property tax
$436
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,806

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

One-time closing costs

Ontario land transfer tax
$16,235
Estimated closing costs
$16,235

Plus your down payment of $197,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,289/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

$520,677Total interest paid
$1,311,077Total of all payments
Principal $790,400 Interest $520,677
YearPrincipalInterestBalance
1$17,638$34,805$772,762
2$18,439$34,004$754,322
3$19,276$33,167$735,046
4$20,152$32,291$714,894
5$21,067$31,376$693,828
6$22,023$30,420$671,805
7$23,023$29,420$648,782
8$24,068$28,375$624,713
9$25,161$27,282$599,552
10$26,304$26,139$573,248
11$27,498$24,945$545,750
12$28,746$23,697$517,004
13$30,052$22,391$486,952
14$31,416$21,027$455,536
15$32,843$19,601$422,694
16$34,334$18,109$388,360
17$35,893$16,550$352,467
18$37,522$14,921$314,945
19$39,226$13,217$275,719
20$41,007$11,436$234,712
21$42,869$9,574$191,843
22$44,815$7,628$147,028
23$46,850$5,593$100,178
24$48,977$3,466$51,201
25$51,201$1,242$0

At the end of your 5-year term

Total paid over the term
$262,215
Principal paid down
$96,572
Interest paid
$165,643
Balance remaining
$693,828

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$2,300/mo
$27,600Gross annual rent
1.8%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.

2.8%
Gross yield
− Property tax $5,232− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $17,932

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

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