732-75 Weldrick Road, Richmond Hill, ON

Observatory, Richmond Hill · MLS® N13870262

$658,000
For Sale
Listed 12 days agoNo offer date stated
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3Bedrooms
3Bathrooms
2Garage
1400-1599Sq ft

About this home

In short

  • One of the Largest and Most Functional Layouts in the Complex, Fully Renovated Living Space with Beautiful Views Overlooking the Private Playground from Your Balcony.
  • This Elegant 3-Bedroom, 3-Bathroom Townhome Features a Bright Open-Concept Main Floor with Thoughtfully Curated Finishes, Pot Lights Throughout All Levels, and a...
  • Ideally Located Just Steps to Yonge Street, Transit, Hillcrest Mall, T&T Supermarket, Parks, and Top-Ranked Schools, Offering the Perfect Blend of Space, Style, and...

One of the Largest and Most Functional Layouts in the Complex, Fully Renovated Living Space with Beautiful Views Overlooking the Private Playground from Your Balcony. A True Turnkey Gem in the Heart of Richmond Hill. This Elegant 3-Bedroom, 3-Bathroom Townhome Features a Bright Open-Concept Main Floor with Thoughtfully Curated Finishes, Pot Lights Throughout All Levels, and a Seamless Blend of Style and Functionality. The Second Level Offers Two Generously Sized Bedrooms, While the Entire Third Floor Is Dedicated to a Private Loft-Style Primary Retreat with Ample Space for a Sitting Area, Home Office, or Reading Nook, Delivering Exceptional Privacy and Flexibility. Enjoy Peaceful, Green Views and Family-Friendly Surroundings Right Outside Your Door, Along with the Convenience of Two Separate Parking Spaces and Owned Furnace, Air Conditioner, and Hot Water Tank - No Monthly Rental Fees. Ideally Located Just Steps to Yonge Street, Transit, Hillcrest Mall, T&T Supermarket, Parks, and Top-Ranked Schools, Offering the Perfect Blend of Space, Style, and Unbeatable Convenience.

Key facts

Property type
Condo Townhouse, Multi-Level
MLS®
N13870262
Bedrooms
3
Bathrooms
3 (1 half)
Size
1400-1599 sq ft
Cross streets
Yonge & Weldrick
Parking
2 garage (underground)
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Brick
Maintenance
$449/mo
Exposure
West
Property tax
$2,690 / 2025
Days on market
12
Listing brokerage
RE/MAX EPIC REALTY

Rooms

Primary BedroomThird5.48 × 3.96 m

3 pc ensuite · pot lights · vaulted ceiling(s)

Dining RoomMain3.25 × 2.44 m

combined w/kitchen · w/o to balcony · open concept

Living RoomMain5.05 × 3.52 m

combined w/dining · large window · open concept

KitchenMain3.48 × 3.04 m

combined w/dining · b/i appliances · breakfast bar

Bedroom 2Second3.66 × 3.20 m

carpet free · large window

SittingThird5.48 × 3.96 m

skylight · open concept · combined w/br

Bedroom 3Second3.66 × 2.80 m

carpet free · large window

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

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

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
$2,999/mo
$133KIncome needed
4.9×Price ÷ income
$692Weekly cost
$9,635Land 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.

82%mortgage
Mortgage $2,999Property tax $224Condo fee $449Total carry $3,672

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)
$2,911per month

Mortgage amount $526,400 · 4.49% over 25 years

$131,600Down payment (20.0%)
$526,400Loan before insurance
$0CMHC premium
$3,584Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,911
Property tax
$224
Condo / maintenance fees
$449
Heating
$0
Estimated monthly cost
$3,584

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

One-time closing costs

Ontario land transfer tax
$9,635
Estimated closing costs
$9,635

Plus your down payment of $131,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,523/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

$346,767Total interest paid
$873,167Total of all payments
Principal $526,400 Interest $346,767
YearPrincipalInterestBalance
1$11,747$23,180$514,653
2$12,280$22,646$502,373
3$12,838$22,089$489,535
4$13,421$21,506$476,114
5$14,030$20,896$462,084
6$14,667$20,259$447,416
7$15,333$19,593$432,083
8$16,029$18,897$416,054
9$16,757$18,170$399,297
10$17,518$17,409$381,779
11$18,313$16,613$363,465
12$19,145$15,782$344,320
13$20,014$14,913$324,306
14$20,923$14,004$303,383
15$21,873$13,054$281,511
16$22,866$12,061$258,645
17$23,904$11,022$234,740
18$24,990$9,937$209,751
19$26,124$8,803$183,627
20$27,310$7,616$156,316
21$28,550$6,376$127,766
22$29,847$5,080$97,920
23$31,202$3,725$66,718
24$32,618$2,308$34,099
25$34,099$827$0

At the end of your 5-year term

Total paid over the term
$174,633
Principal paid down
$64,316
Interest paid
$110,317
Balance remaining
$462,084

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$4,750/mo
$57,000Gross annual rent
6.4%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.

8.7%
Gross yield
− Property tax $2,690− Condo fees $5,386− Insurance $600− Vacancy & upkeep $6,270Net operating income $42,054

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

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