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a Bertrim Property Intelligence publication · HomeSearchCanada.ca

Observatory Place

Vol 1 · Issue 1
Friday, October 23
Updated 115 days ago
Observatory Place — MLS listing photo

Photo via MLS®

Observatory Place (Condo Corp #616) in Richmond hill · 33 Weldrick. 4 active listings. Source: PropTx MLS via Bertrim Property Intelligence.

Condo fees & carrying cost
$1,369/mo
High fee burden

2.50% of list price per year (+1.00 pp vs Richmond hill median)

Fee includes: Heat Included, Hydro Included, Water Included, Cable TV Included, CAC Included, Common Elements Included, Building Insurance Included, Parking Included, Condo Taxes Included

$1,369/mo works out to about 2.50% of list price annually — buyers often discount units when carrying costs run high. That's 1.00 pp above the city median for similar condos. Higher carrying costs can narrow the buyer pool — weigh monthly all-in cost, not list price alone.

$637K
Median list
0
Sold 12mo
—
DOM
4
Actives

Bryon's Take

Active market at Observatory Place

4 active MLS listings at Observatory Place right now with median fees of $1,369/mo. Carrying cost runs 2.50% of list price annually — above the Richmond hill peer median. Current actives mention pool, fitness and party room amenities.

BB

Bryon Bertrim REALTOR®

Founder, Bertrim Property Intelligence

Home Equity Strategist · MyStreetValue.ca

Real Broker Ontario LTD Brokerage

Building profile

PoolGymLocker10 storeys

Unit mix (active MLS)

BedsSqft bandActiveList rangeSold 12mo
2 bed1000-11992$625K–$648K—
2 bed1200-13991$599,999—
2 bed1400-15991$689,000—

Active inventory by bedroom count and MLS living-area band. Sold median is building-level by bed bucket (12 months).

Active listings

$425K
2 bed · Condo Apartment
$999K
1 bed · Condo Apartment
$395K
2 bed · Condo Townhouse
$349K
1 bed · Condo Apartment
$349K
1 bed · Condo Apartment
$420K
2 bed · Condo Apartment
Browse Observatory Place listings on HomeSearchCanada →
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Nearby buildings

Balconvue2 active · $395/mo

Data transparency

Stats sources: PropTx

Last refreshed: 115 days ago

Published by Bertrim Property Intelligence · Analysis by Bryon Bertrim, REALTOR®

Search Richmond hill buildings · Richmond hill market · 613.591.9990

Bryon Bertrim, REALTOR® | Real Broker Ontario Ltd. Brokerage

Founder, Bertrim Property Intelligence

MLS® data provided by PropTx / participating Ontario boards. MLS® is a registered trademark of The Canadian Real Estate Association. All rights reserved. Data is deemed reliable but not guaranteed accurate. For consumers with a bona fide interest in the purchase, sale, or lease of real estate.

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