109-75 Weldrick Road, Richmond Hill, ON

Observatory, Richmond Hill · MLS® N13885000

$669,900
For Sale
Listed 9 days agoNo offer date stated
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3Bedrooms
2Bathrooms
1Garage
1200-1399Sq ft

About this home

In short

  • Welcome to this fully renovated 3-bedroom, 2-bathroom townhome, offering stylish, move-in-ready living in one of Richmond Hill's most convenient locations.
  • The bright, open-concept main floor features thoughtfully curated finishes, and pot lights run throughout every level.
  • Added value includes 1 separate parking space.
  • Just steps to Yonge Street, transit, Hillcrest Mall, T&T Supermarket, parks, and top-ranked schools, this home combines space, style, and everyday convenience.

Welcome to this fully renovated 3-bedroom, 2-bathroom townhome, offering stylish, move-in-ready living in one of Richmond Hill's most convenient locations. The bright, open-concept main floor features thoughtfully curated finishes, and pot lights run throughout every level. The balcony overlooks a peaceful setting that is ideal for families. The second level offers three generously sized bedrooms. The entire third floor is a private loft-style primary retreat, with room for a sitting area, home office, or reading nook, providing exceptional privacy and flexibility. Added value includes 1 separate parking space. Just steps to Yonge Street, transit, Hillcrest Mall, T&T Supermarket, parks, and top-ranked schools, this home combines space, style, and everyday convenience.

Key facts

Property type
Condo Townhouse, 3-Storey
MLS®
N13885000
Bedrooms
3
Bathrooms
2 (1 half)
Size
1200-1399 sq ft
Lot
1.168
Cross streets
Yonge / Weldrick
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Maintenance
$380/mo
Exposure
North East
Property tax
$2,723 / 2025
Days on market
9
Listing brokerage
Royal LePage Meadowtowne Realty Inc., Brokerage

Rooms

Bedroom 3Third2.92 × 2.28 m
Dining RoomSecond3.39 × 2.91 m
Primary BedroomThird4.58 × 3.46 m
Living RoomSecond6.43 × 4.39 m
Bedroom 2Third2.92 × 2.35 m
KitchenSecond2.24 × 3.49 m
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
$3,053/mo
$134KIncome needed
5.0×Price ÷ income
$705Weekly cost
$9,873Land 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 $3,053Property tax $227Condo fee $380Total carry $3,660

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,963per month

Mortgage amount $535,920 · 4.49% over 25 years

$133,980Down payment (20.0%)
$535,920Loan before insurance
$0CMHC premium
$3,570Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,963
Property tax
$227
Condo / maintenance fees
$380
Heating
$0
Estimated monthly cost
$3,570

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

One-time closing costs

Ontario land transfer tax
$9,873
Estimated closing costs
$9,873

Plus your down payment of $133,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,586/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

$353,038Total interest paid
$888,958Total of all payments
Principal $535,920 Interest $353,038
YearPrincipalInterestBalance
1$11,959$23,599$523,961
2$12,502$23,056$511,458
3$13,070$22,488$498,388
4$13,664$21,895$484,724
5$14,284$21,274$470,440
6$14,932$20,626$455,508
7$15,610$19,948$439,898
8$16,319$19,239$423,578
9$17,060$18,498$406,518
10$17,835$17,724$388,683
11$18,645$16,914$370,039
12$19,491$16,067$350,547
13$20,376$15,182$330,171
14$21,301$14,257$308,870
15$22,268$13,290$286,602
16$23,280$12,279$263,322
17$24,336$11,222$238,986
18$25,441$10,117$213,544
19$26,597$8,962$186,948
20$27,804$7,754$159,143
21$29,067$6,492$130,077
22$30,386$5,172$99,690
23$31,766$3,792$67,924
24$33,208$2,350$34,716
25$34,716$842$0

At the end of your 5-year term

Total paid over the term
$177,792
Principal paid down
$65,480
Interest paid
$112,312
Balance remaining
$470,440

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
5.4%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.

7.3%
Gross yield
− Property tax $2,723− Condo fees $4,560− Insurance $600− Vacancy & upkeep $5,412Net operating income $35,905

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Royal LePage Meadowtowne Realty Inc., Brokerage. MLS®/PropTx.

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