75 Weldrick Road Unit 938, Richmond Hill

Price: $669,000

3 bedrooms, 3 bathrooms

1,200 sqft

Property Type: Condo

MLS#: N13479326

Beautifully Renovated 3-Bedrooms and 3 -Washrooms Condo Townhome in the Highly Sought-After Observatory Community. Move-in ready and thoughtfully updated throughout, this stunning home offers low maintenance fees and a long list of recent upgrades. Features include a brand-new Kitchen with custom cabinetry, granite countertops, new Pot lights throughout, Fresh Paint, hardwood and laminate flooring, renovated (partially) bathrooms with modern Vanities and Fixtures, new Windows, a new Front Entry Door, and New Closet Doors. Featuring 3 spacious bedrooms and 3 bathrooms, this home offers a functional open-concept main floor that seamlessly extends to a picturesque private patio-perfect for outdoor dining, entertaining, or simply relaxing. Located in the prestigious Observatory community, just steps to H Mart, Hillcrest Mall, T&T Supermarket, Viva Transit, parks, restaurants, and everyday amenities. Easy access to GO Transit, Highways 404 and 407, and top-ranked schools makes this an exceptional opportunity for families and professionals alike.

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$669,000 - 75 Weldrick Road Unit 938, Richmond Hill

Condo for Sale in Richmond Hill

Popular Listing

Neighbourhood: Observatory

3Beds
3Baths
1,200Sq Ft
Condo
Property Details
MLS Number
N13479326
Property Type
Condo
Status
active
Days on Site
14
Bedrooms
3
Bathrooms
3
Square Feet
1,200 sqft
Neighbourhood
Richmond Hill
Locker
None
Exposure
South East
Balcony
Open
Listing Brokerage
CENTURY 21 ATRIA REALTY INC.
Description

Beautifully Renovated 3-Bedrooms and 3 -Washrooms Condo Townhome in the Highly Sought-After Observatory Community. Move-in ready and thoughtfully updated throughout, this stunning home offers low maintenance fees and a long list of recent upgrades. Features include a brand-new Kitchen with custom cabinetry, granite countertops, new Pot lights throughout, Fresh Paint, hardwood and laminate flooring, renovated (partially) bathrooms with modern Vanities and Fixtures, new Windows, a new Front Entry Door, and New Closet Doors. Featuring 3 spacious bedrooms and 3 bathrooms, this home offers a functional open-concept main floor that seamlessly extends to a picturesque private patio-perfect for outdoor dining, entertaining, or simply relaxing. Located in the prestigious Observatory community, just steps to H Mart, Hillcrest Mall, T&T Supermarket, Viva Transit, parks, restaurants, and everyday amenities. Easy access to GO Transit, Highways 404 and 407, and top-ranked schools makes this an exceptional opportunity for families and professionals alike.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,432.32/mo

Includes CMHC insurance ($18,665)

$
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5%10%50%

5-yr fixed avg.

Principal: $602,100Interest: $408,930
Mortgage Amount$620,765
Total Interest$408,930
Est. Property Tax$474/mo
Total Cost$1,029,695

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.

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Neighbourhood Guide: Observatory

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

75 Weldrick Road Unit 938, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$474
Insurance (est.)-$139
Net Cash Flow+$1,527

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $558/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.

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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 3 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.

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 $2,788 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    75 Weldrick Road Unit 938, Richmond Hill | $669,000 | Battaglia Team