$1,488,000 - 8 Protostar Avenue, Richmond Hill
Semi-Detached for Sale in Richmond Hill
Popular ListingNeighbourhood: Observatory
- MLS Number
- N13489554
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 12
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- UNION CAPITAL REALTY
Rare opportunity to own a beautifully appointed 5-year-new semi-detached home in Richmond Hill's highly sought-after Observatory Hill community. Offering over 3,000 sq. ft. of finished living space, this bright and spacious family home features 4 bedrooms, 4 bathrooms, hardwood flooring on the main and second floors, an elegant oak staircase, and a thoughtfully designed open-concept layout ideal for modern family living. At the heart of the home is a chef-inspired kitchen featuring quartz countertops, a large centre island, and abundant cabinetry, seamlessly flowing into the sun-filled living and dining areas to create the perfect space for everyday living, entertaining, and family gatherings. Upstairs, the generous primary retreat offers a walk-in closet and a spa-inspired 5-piece ensuite, while three additional bedrooms provide plenty of room for a growing family. The finished basement adds valuable living space, perfect for a recreation room, home office, gym, or children's play area. Step outside to a fully fenced private backyard, ideal for summer barbecues, relaxing with family, or entertaining friends. Located in one of Richmond Hill's most desirable family communities, Observatory Hill offers the rare combination of a newer executive neighbourhood in an established central location. Steps to the iconic David Dunlap Observatory, parks, trails, transit, shopping, and everyday amenities. Zoned for top-ranked schools, including the Bayview Secondary School IB Program and St. Theresa of Lisieux's Arts and Gifted Programs.
Estimate your monthly payments for this property
Estimated Payment
$6,581.93/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.
8 Protostar Avenue, Richmond Hill
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $744/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.
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 4 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 $6,200 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.