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Townhouse for Sale in Richmond Hill
New — Listed 4 days ago- MLS Number
- N13228026
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 4
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- CITY PLUS REALTY INC.
Welcome to luxury living in the highly sought-after Observatory Hill. This exceptional 4BR end-unit townhome offers premium upgrades and a combination of elegant design, functional living, and income-generating potential.The ground floor features a private in-law suite complete with a walk-in closet, 4-piece bath, and a spacious family room enhanced by a linear fireplace-perfect for extended family, guests, or a private home office.The impressive main level showcases soaring 10-ft ceilings, wide-plank hardwood flooring throughout, pot lights, and oversized windows. The open-concept layout is anchored by a stunning chef's kitchen featuring premium Wolf, Sub-Zero, and Asko appliances. An oversized 10-foot waterfall island, matching full-height slab backsplash, generous dining area, and dedicated study nook. The elegant living room is centered around a cozy gas fireplace, creating a warm and inviting atmosphere. The upper level offers a luxurious primary retreat with soaring 11-foot ceilings, a walk-in closet, and a spa-inspired 7-piece ensuite featuring heated floors. Two additional generously sized bedrooms, a full bathroom, and a convenient upper-level laundry room. The basement has heated floors, upgraded oversized windows, and a blank canvas awaiting your personal touch. Step outside to enjoy a private composite fenced courtyard with no-maintenance turf. Adding tremendous value is the rare self-contained 1-bedroom coach house with a separate entrance, separate heating & ac, full kitchen, bathroom, and private balcony. Ideal for rental income, multi-generational living, a nanny suite, or a private workspace, this versatile space offers endless possibilities. Located within a top-ranked school district(Bayview S.S) and close to parks, trails, shopping, transit, and all amenities, this is a rare opportunity to own a truly upgraded home in one of Richmond Hill's most desirable communities.
Estimate your monthly payments for this property
Estimated Payment
$7,912.85/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 Richmond Hill
Richmond Hill 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 Richmond Hill
- •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
Richmond Hill 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.
9398 Bayview Avenue, 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 $511/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Richmond Hill's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Richmond Hill have shown strong appreciation as families seek more space.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Richmond Hill.
Bathroom Count Matters
With 5 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.