
8 Cygnus Drive
Richmond Hill (Observatory), ON L4C 8P2
- 4+1Bedrooms
- 4Bathrooms
- 2Garage
- 3000–3500Sq Ft
- $8,586Tax
- 52×120 ftLot Size
- Estimated Value:$1,619,500See Free Estimate Report

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About 8 Cygnus Drive, Richmond Hill, Observatory
Summarized Description
- Beautifully renovated family home in Observatory Hill.
- Generous 52x120 ft south-facing lot.
- 4+1 bedrooms with nearly 5,000 sq.ft. of living space.
- Luxurious primary bedroom with seating area.
- Finished basement with wet bar for entertainment.
- Double garage with new door and direct access.
- Located in a top school district.
- Close to parks, shopping, and transit.
Welcome to this beautifully renovated move-in ready family home with lucky number 8 in the prestigious Observatory Hill community. Situated on a generous 52x 120 ft south-facing lot, this impressive 2-storey residence offers 4+1 bedrooms and close to 5,000 sq.ft. of total living space. Professionally upgraded from top to bottom, the home features a bright open-concept layout with a grand double-door entrance and soaring 18-ft ceiling foyer. The modern kitchen and breakfast area flow seamlessly into a spacious family room with a cozy wood-burning fireplace, perfect for family living and entertaining. Main floor office and functional laundry room with side entrance add convenience. Two skylights and large windows bring abundant natural light throughout. The primary bedroom retreat includes a seating area and a luxurious 5-piece ensuite. Finished basement with wet bar & spacious entertainment space. Double garage with brand-new garage door and direct access to the home. The driveway without sidewalk can park 4 cars. Located in a top school district including Bayview Secondary School and Sixteenth Avenue Public School. Close to parks, shopping, transit, and easy access to Highway 7, 407 & 404. A rare opportunity in one of Richmond Hill's most desirable neighborhoods. This property has undergone thorough dust removal and professional cleaning after renovation, so you can move in with peace of mind.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $8,586
- Land Transfer Tax Fee
- $36,235
Rental Items
- Rental Equipment
- HWT Rent $14.99+HST Per Month
- Basement Type
- Finished
Interior Features
- Interior Extras
- Other
- Fireplace/Stove
- Yes
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Detached
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 52.17 ft
- Lot Depth
- 119.87 ft
Inclusions
- Inclusions
- 4-Door SS Fridge(2022), Samsung SS B/I Oven(2026), Samsung Cooktop(2026), Kitchen Aid SS B/I Dishwasher, B/I Exhaust Hood, Front-load Washer & Dryer(2023), All New LED Lighting Fixtures(2026), Wood-Burned Fireplace In Fr (As as, Never Used), All Exist Curtains, Roof & Skylight (2020), Furnace(2021), Air Conditioner(2024), Smoke&Co Alarm(2026), Garage Door(2026), 2 New Painting Deck(2026), Sprinkler System, Music System, Security System.
Parking & Garages
- Garage Type
- Attached
- Garage Spaces
- 2
- Parking Spaces
- 4
- Total Garage And Parking Spaces
- 6
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 4 + 1
- Washrooms
- 4
- Kitchens
- 1
- Family / bonus room
- Yes
Room sizes
- Utility Room—Basement level
- Recreation—Basement level
- Family Room—Main level
- Office—Main level
- Kitchen—Main level
- Living Room—Main level
- Dining Room—Main level
- Primary Bedroom—Second level
- Bedroom 5—Basement level
- Bedroom 2—Second level
- Bedroom 3—Second level
- Bedroom 4—Second level
Washrooms
- 5-piece, Second
- 4-piece, Second
- 2-piece, Main
- 3-piece, Basement
- Municipality
- Richmond Hill
- Neighbourhood
- Observatory
- Main cross streets
- Bayview/16th Ave
- Directions
- Fern Ave & Cygnus Dr
- MLS® number
- N13577836
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-07-30
- Listed on
- 2026-07-17
- Days on market
- 13 days
- Possession date
- 2026-08-20
- Possession type
- Flexible
- Co-op commission
- 2.5% Plus HST
- Seller
- Listed by
- AIMHOME REALTY INC.
Home Market Value
Current home valuation for 8 Cygnus Drive, Richmond Hill, Observatory, Richmond Hill, ON. Listed for $1,988,000
HOMEH Estimate
$1,619,500
Estimated Sales Range
$1,201,163 - $2,037,837
HOMEH Estimate for 8 Cygnus Drive, Richmond Hill, Observatory
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
20% required for homes $1.5M or more
$397,600
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $0 | $0 | $0 | $0 |
=Total mortgage | $1,590,400 | $1,491,000 | $1,391,600 | $1,292,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $7,765monthly | $7,280monthly | $6,794monthly | $6,309monthly |
Land Transfer Tax
$36,235
$36,235
Around this home
No schools found nearby
Data provided by OpenStreetMap & Fraser Institute School Rankings
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