53 Observatory Lane, Richmond Hill, ON
Property Highlights
Welcome to this remarkable land located in the coveted neighborhood of Observatory. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $10,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 200.19 x 615.63 ft lot size
Description
VEHICLE STORAGE & DEALERSHIP OVERFLOW PARKING OPPORTUNITY - CENTRAL RICHMOND HILL! Keep your inventory close and your business moving. Available for lease separately from the building, this approximately 60 ft. x 200 ft. rear yard offers approximately 12,000 sq. ft. of outdoor space in the heart of Richmond Hill. An appealing opportunity for automotive dealerships, vehicle importers, wholesalers and fleet operators seeking a conveniently located base for vehicle storage and overflow parking, subject to permitted use and required approvals. Free up valuable space at your primary location while keeping additional inventory within convenient reach. Consider the possibilities for dealership stock, imported vehicles awaiting their next destination, seasonal inventory or fleet parking. The central location offers a practical alternative for operators seeking storage closer to their local business operations. The rectangular yard provides scope for an organized parking layout, with actual vehicle capacity dependent on access aisles, circulation, setbacks and an approved site layout. This offering is for the designated rear-yard area only; indoor premises are not included. Proposed automotive storage and parking uses are subject to zoning verification, landlord approval and any required municipal approvals. Vehicle transporter access and loading arrangements must be confirmed for the intended operation. LOOKING FOR DEALERSHIP OVERFLOW PARKING, CAR STORAGE OR AUTOMOTIVE INVENTORY SPACE? Arrange a site visit and explore how this centrally located yard could support your business. Contact the listing agent for lease pricing, terms and availability.
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Property Summary
This land located at 53 Observatory Lane, Richmond Hill is currently for sale and has been available on SousaSells for 6 days. This property is listed at $10,000 with an estimated mortgage of $33* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 53 Observatory Lane, Richmond Hill is in the Observatory neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Observatory, Richmond Hill.
- •Desirable Land architecture in Observatory, Richmond Hill
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
None listed
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Frequently Asked Questions about 53 Observatory Lane, Richmond Hill, ON
Q.What is the asking price for 53 Observatory Lane, Richmond Hill, ON ?
The current listing price for 53 Observatory Lane, Richmond Hill, ON in Observatory, Richmond Hill is $10,000.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and null bathrooms.
Q.What property type and architectural style is 53 Observatory Lane, Richmond Hill, ON ?
53 Observatory Lane, Richmond Hill, ON is a Land () featuring a basement.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via .
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Observatory, Richmond Hill
9 assaults (45.0/100k)
10 B&E (40.0/100k)
16 thefts (45.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 53 Observatory Lane, Richmond Hill, ON L4C 8K9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Richmond Hill, ON
For a property listed at $10,000 in Richmond Hill, the legal minimum down payment is $500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $50 for this transaction. As this listing is in Richmond Hill (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $50.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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