$670,000 - 75 Weldrick Drive Unit 1003, Richmond Hill
Condo for Sale in Richmond Hill
32 days on marketNeighbourhood: Observatory
- MLS Number
- N13593594
- Property Type
- Condo
- Status
- active
- Days on Site
- 32
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Richmond Hill
- Locker
- Owned
- Exposure
- North
- Balcony
- Terrace
- Listing Brokerage
- YOUR HOME SOLD GUARANTEED REALTY SPECIALISTS INC
Exceptional value in the heart of Richmond Hill! This bright and beautifully updated 2 bedroom, 2-bathroom condo stucked townhouse offers a functional split-bedroom layout, providing privacy and comfort for homeowners, families, or professionals. The spacious primary suite features a walk-in closet and a private ensuite, while the versatile second bedroom includes a Murphy bed, making it ideal as a guest room, home office, or multi-purpose space. Enjoy seamless indoor-outdoor living with two walkouts to a generous private terrace-perfect for entertaining, summer BBQs, or relaxing outdoors. Ideally located just steps to H Mart, Hillcrest Mall, T&T Supermarket, Viva Transit, parks, restaurants, and everyday conveniences. Minutes to GO Transit, Commuting is effortless with quick access to Highways 404 & 407, and top-rated schools. A fantastic opportunity to own in one of Richmond Hill's most sought-after neighbourhoods! A perfect blend of style, convenience, and outstanding value-this is one you won't want to miss!
Estimate your monthly payments for this property
Estimated Payment
$3,437.45/mo
Includes CMHC insurance ($18,693)
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.
75 Weldrick Drive Unit 1003, 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 $670/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 32 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.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
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.
Investment Perspective
Looking at this as an investment: Richmond Hill properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,792 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.