$1,868,000 - 108 Berwick Crescent, Richmond Hill
Detached for Sale in Richmond Hill
Neighbourhood: Observatory
- MLS Number
- N13467734
- Property Type
- Detached
- Status
- active
- Days on Site
- 16
- Bedrooms
- 4
- Bathrooms
- 5
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- AIMHOME REALTY INC.
Nestled in the prestigious Observatory community of Richmond Hill, this rarely offered 50-ft-wide detached home sits on a premium ravine lot, offering breathtaking natural views and exceptional privacy. The home features a well-designed layout with desirable south exposure, boasts 2,970 sq.ft. above grade, plus a fully finished legal basement. Extensively upgraded throughout (2026). The main level impresses with soaring 16 Ft ceilings and a grand oak spiral staircase with elegant iron cast railing. Engineered hardwood flooring runs throughout, complemented by smooth ceilings and modern light fixtures, creating a refined and contemporary ambiance. Offering 4 spacious bedrooms, including 2 ensuites, the primary retreat features a cozy sitting area with an upgraded fireplace, along with a brand new luxurious 5-piece ensuite complete with a smart toilet, glass walk-in shower, and a freestanding soaker tub overlooking the ravine backyard. Recent upgrades include a brand new roof, energy-efficient windows, and a fully renovated kitchen equipped with brand new stainless steel appliances. Additional highlights include a separate side entrance, second-floor laundry, a newly paved asphalt driveway, 200-amp electrical service, and EV charging wiring. Ideally located within walking distance to Hillcrest Mall, top-rated schools, parks, and everyday amenities. Steps to Richmond Hill Centre Terminal (YRT/VIVA) and Langstaff GO Station, with easy access to Hwy 407/404. A rare opportunity in one of Richmond Hill's most sought-after communities !
Estimate your monthly payments for this property
Estimated Payment
$8,262.79/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Observatory
Observatory is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Observatory
- •Convenient location in Richmond Hill
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Observatory offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
108 Berwick Crescent, Richmond Hill
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $747/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 16 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in Richmond Hill are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Richmond Hill. Good resale value as demand remains consistent.
Bathroom Count Matters
With 5 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
About Observatory
I know Observatory well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.