53 Observatory Lane

Observatory, Richmond Hill, L4C 8K9

$10,000/mo

Listed 45 days ago · MLS® N13748802

About this home

VEHICLE STORAGE & DEALERSHIP OVERFLOW PARKING OPPORTUNITY - CENTRAL RICHMOND HILL! Keep your inventory close and your business moving. Available for lease separately from the building, this approximately 60 ft. x 200 ft. rear yard offers approximately 12,000 sq. ft. of outdoor space in the heart of Richmond Hill. An appealing opportunity for automotive dealerships, vehicle importers, wholesalers and fleet operators seeking a conveniently located base for vehicle storage and overflow parking, subject to permitted use and required approvals. Free up valuable space at your primary location while keeping additional inventory within convenient reach. Consider the possibilities for dealership stock, imported vehicles awaiting their next destination, seasonal inventory or fleet parking. The central location offers a practical alternative for operators seeking storage closer to their local business operations. The rectangular yard provides scope for an organized parking layout, with actual vehicle capacity dependent on access aisles, circulation, setbacks and an approved site layout. This offering is for the designated rear-yard area only; indoor premises are not included. Proposed automotive storage and parking uses are subject to zoning verification, landlord approval and any required municipal approvals. Vehicle transporter access and loading arrangements must be confirmed for the intended operation. LOOKING FOR DEALERSHIP OVERFLOW PARKING, CAR STORAGE OR AUTOMOTIVE INVENTORY SPACE? Arrange a site visit and explore how this centrally located yard could support your business.

Details

Type: Land
Lot: 200.19 × 615.63 ft
Property tax: $80,000 (2025)
Neighbourhood: Observatory
Municipality: Richmond Hill

Building and exterior

Building area: 7,491 Square Feet

Rental terms

Minimum term: 36 months

Possession: TBA
Cross street: YONGE - WELDRICK
Business type: Parking Lot

History of this address

2 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

The neighbourhood

Getting around Very walkable

🚆 Richmond Hill GO1.8 km

Within a 10-minute walk: 5 grocery stores, 33 cafés and restaurants, 11 parks, 6 pharmacies. Nearest grocery: No Frills (450 m). Nearest park: Dove Stone Park (200 m).

Schools nearby

Elementary

Sixteenth Avenue Public School
EQAO: Gr 6 reading 95%, math 55%10 min walk
Richmond Hill Montessori Private School Private13 min walk
Ross Doan Public School
EQAO: Gr 3 reading 82%, math 71%19 min walk
St. Joseph Catholic Elementary School Catholic
EQAO: Gr 6 reading 100%, math 60%1.4 km

Secondary

Roselawn Public School1.7 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area L4C

Owners / renters: 70% / 30%
Median household income: $86,000
Average age: 45
Children under 15: 13%
Homes: 49% detached, 30% high-rise
Commute by transit: 10%
Population: 74,636

Languages spoken most at home besides English: Iranian Persian 9.6%, Mandarin 6.2%, Yue (Cantonese) 4.3%, Russian 4%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Crime Severity Index for York Region police: 50 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

To Union Station (downtown Toronto): 24 km. Transit times · Driving times

Noise 1 source nearby

🚆 Rail line (CN Bala Subdivision)100 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by REMAX YOUR COMMUNITY REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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