Observatory Hill is a new pre-construction property by By Aspen Ridge Homes | Observatory Hill master planned community in Richmond Hill. Get VIP access 30-60 days before the public launch—that means first pick of the best units and lowest prices.
Starting at From $3,399,900 to $3,399,900, Observatory Hill is a solid choice whether you're buying to live in or as an investment. You'll lock in today's developer pricing while the property value grows during the 3-5 year build period.
Observatory Hill is a new townhouse and single family home community by Aspen Ridge Homes currently under construction at Bayview Avenue & Hillsview Drive, Richmond Hill. Available units range in price from $3,399,900 to $3,399,900. Observatory Hill has a total of 173 units. Observatory Hill has 1 quick move-in homes currently for sale. Sizes start at From 4,675 square feet.
Observatory Hill sits in Richmond Hill at Bayview Avenue & Hillsview Drive, Richmond Hill, ON L4B 2K8. Affluent city on the Yonge corridor. Future Yonge North Subway extension, Hillcrest Village, and top-rated schools. A blend of urban convenience and suburban tranquility.
Richmond Hill keeps growing—new transit, more jobs, better infrastructure. That's why pre-construction here makes sense. You're buying into a city on the upswing.
Observatory Hill is priced better than most resale homes in Richmond Hill. You lock in today's developer price, and by the time it's built (usually 3-5 years), the market's usually gone up. That's free equity before you even move in.
By Aspen Ridge Homes | Observatory Hill master planned community has been building in the GTA for years. They know what they're doing, finish on time, and build quality homes that hold their value. That matters when you're investing this much money.
Get Developer HistoryDiscover why Richmond Hill is an ideal location for pre-construction investment
Richmond Hill is home to 202,000+, and steady growth with premium developments. Premium community with excellent schools Additionally, yonge street corridor - main commercial strip. Located in Richmond Hill, Observatory Hill offers residents a perfect blend of urban convenience and suburban comfort.
Oak Ridges Moraine - protected green space Strong family appeal
Richmond Hill is well-connected to the GTA through Future Yonge North Subway Extension subway lines. GO Train stations including Richmond Hill GO, Langstaff GO, Gormley GO provide 35-45 minutes to downtown toronto via go train. Major highways including Highway 404, Highway 407, Highway 7, Yonge Street ensure easy access throughout the region.
Residents of Richmond Hill enjoy access to excellent educational institutions including Top-rated York Region schools and Private schools, healthcare facilities like Mackenzie Health (Richmond Hill), and major shopping destinations such as Hillcrest Mall and Richmond Hill Centre. Popular parks include Richmond Green and Mill Pond.
Average condo prices: $700,000-$1M. Annual appreciation: 6-8% Average rental yield: 3.5-4.5%. Premium market with stable demand Future developments include Yonge North Subway Extension and Richmond Hill Centre redevelopment, which will further enhance the area's appeal. Major employment centers include Corporate offices along Yonge Street and Highway 404 corridor, driving demand for housing.
Premium location with excellent schools Yonge Street subway extension planned Stable, established community Good balance of affordability and quality Strong family-oriented market Investing in pre-construction in Richmond Hill allows you to secure a property at today's prices while the area continues to develop and appreciate in value.
Well-connected to downtown Toronto and the GTA
Consistent property value appreciation
Modern amenities and community infrastructure
Most By Aspen Ridge Homes | Observatory Hill master planned community projects require a 15-20% total deposit paid in stages over 18-24 months. Contact us for the specific structure for this project.
Occupancy is tentatively scheduled for 2027/2028. Dates are subject to change and will be confirmed in the Agreement of Purchase and Sale.
Yes, most pre-construction projects by By Aspen Ridge Homes | Observatory Hill master planned community allow assignments, typically with a small fee or sometimes free as a VIP incentive. This allows you to sell your contract before closing.
Closing costs generally range from 3-5% of the purchase price, covering Land Transfer Tax, legal fees, and development levies. We negotiate capped levies to protect your bottom line.
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