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Observatoy Gate

95 Weldrick Rd E, Richmond Hill

Features

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Price/Sqft Range

1600 sqft - 1799 sqft

Avg Price/Sqft

$530 / sq. ft.

Completed

Built: 1994

Building Scale

Floors: 1 | Total Units: 79

Building Details

Building Type

Townhouse

Property Management

Built in 1994

Condo Corp

YRCC-849

Date Registered

Aug 16, 1994

Maintenance Fees Include

Common Element

Building Insurance

Description

1 - About Observatory Gate

  • Address: 95 Weldrick Rd E, Richmond Hill
  • Neighbourhood: Observatory, Richmond Hill, York
  • Storeys: 1 floor
  • Units: 79 units
  • Built Year: 1994 (Regional development of the site continued through 2018)
  • Builder: Observatory / Corsica Developments Inc. (DG Group)
  • Building Type: Townhouse

2 - Overview of Observatory Gate

Observatory Gate is a townhouse community situated on the eastern portion of the David Dunlap Observatory (DDO) lands. This site functioned as an astronomical research facility for the University of Toronto from 1935 to 2008.

Following a 2012 Ontario Municipal Board settlement, 44% of the original observatory grounds were approved for conversion into a residential subdivision. The development preserves a low-scale architectural footprint that respects the adjacent National Historic Site.

The townhouse community creates a thoughtful transition between Richmond Hill's commercial corridors and the protected green spaces of the observatory grounds. This development represents a carefully managed example of land-use evolution from scientific research to residential living.

3 - Suite Sizes & Value

Observatory Gate encompasses 79 townhouse units designed as multi-level living spaces. These homes provide considerably more square footage compared to typical high-rise developments found throughout the York region.

Property values benefit significantly from the unique positioning on a National Historic Site and immediate proximity to legislated protected parkland. This distinguished location sets Observatory Gate apart from conventional residential subdivisions in Richmond Hill.

4 - Building Amenities & Features

  • Historic Integration: The development thoughtfully interfaces with the natural and historic landscape elements of the David Dunlap Observatory grounds.
  • Protected Green Access: Residents enjoy direct access to the adjacent 40-hectare protected green space and its preserved features.
  • Low-Density Design: The community maintains a respectful low-rise residential profile that harmonizes with the Observatory neighbourhood character.

5 - Location Highlights

  • David Dunlap Observatory and Park: A 40-hectare protected green space showcasing the iconic 1.88m telescope dome and historic administration building.
  • Recreation Access: Close proximity to the Elvis Stojko Arena and planned astronomical-themed park amenities, including a proposed amphitheatre and tennis courts.
  • Transportation Connectivity: Strategically located near the Bayview Avenue and Hillsview Drive intersection with convenient access to the Yonge Street transit corridor.
  • Commercial Convenience: Walking distance to diverse retail shopping and restaurant options along the established Yonge Street commercial strip.

6 - Lifestyle Near Observatory Gate

Observatory Gate offers a distinctive lifestyle that balances historic preservation with modern suburban living. Residents experience the unique opportunity to live adjacent to a dedicated green space steeped in scientific heritage.

The community's positioning provides the tranquility of observatory lands while maintaining connectivity to Richmond Hill's vibrant Yonge Street corridor. This creates convenient access to shopping, dining, and regional public transportation options.

7 - About the Developer

Corsica Developments Inc., now operating under the DG Group umbrella, spearheaded the residential redevelopment of the David Dunlap Observatory lands. The development process involved extensive mediation that successfully preserved 56% of the original site as permanent public parkland, ensuring continued public access to this significant astronomical heritage site.


Neighborhood

Hospital
Lake/Pond
Library
Park
Public Transit
River/Stream

Building Sales History

Apr 2026 — 1 Listed | 0 Sold

52 days on market

MLS® # N12815862

Apr 17, 2026

Terminated

Feb 24, 2026

Listed For Sale

$799,900
Feb 2026 — 1 Listed | 0 Sold

19 days on market

MLS® # N12762628

Feb 24, 2026

Terminated

Feb 5, 2026

Listed For Sale

$899,900

Observatory Insights

growth

Sale Price

Average

Median

Generated based on property type and location. Average values are derived using median calculations.