<-- style PDP --> 121 Milky Way Drive, Richmond Hill - Detached for sale for $2,858,888
  • new
  • for sale

121 Milky Way Drive

Richmond Hill, Ontario, L4C 4L9 - Observatory

$2,858,888

  • Neighbourhood

    Observatory

  • Major Intersection

    Bayview Ave & 16th Ave

  • Listed Since: 2 day(s)

  • Last update: today

Overview

  • Property Type

    Detached, 2 1/2 Storey

  • Bedrooms

    4 + 2

  • Bathrooms

    6

  • Basement

    Finished + Full

  • Kitchen

    1

  • Total Parking

    4 (2 Built-In Garage)

  • Lot Size

    44.95x98.43 (Feet)

  • Taxes

    $13,148.00 (2025)

  • Type

    Freehold

Property Description

Property description for 121 Milky Way Drive, Richmond Hill

Experience refined luxury in this remarkable ravine-backed estate located in the prestigious Observatory Hill community. Built by Aspen Ridge in 2022, this exceptional residence offers over 6,800 sq ft of finished living space, including 4,303 sq ft above grade plus a professionally finished basement, enhanced in over $300,000 of premium upgrades. Designed with sophistication and functionality in mind, the home features a rare private 4-stop elevator providing seamless access across all levels. The striking stone and brick exterior is complemented by 10 ft ceilings, smooth ceilings throughout, elegant coffered details, stained oak staircases with upgraded iron pickets, and engineered oak hardwood flooring throughout the main and upper floors. The spectacular chef-inspired kitchen is built for entertaining, showcasing extended-height cabinetry, quartz countertops and slab backsplash, Hansgrohe fixtures, Wolf gas range, Sub-Zero refrigerator, and a dramatic 17 ft waterfall island with servery. Offering 4+3 spacious bedrooms and 6 beautifully finished bathrooms, this home provides incredible flexibility for family living and guests. The luxurious primary retreat features a spa-inspired ensuite with heated floors and a freestanding soaking tub. A standout feature is the third-floor loft with wet bar and walkout to a private rooftop terrace, overlooking breathtaking ravine views. The professionally finished basement adds a large recreation area, separate den, wet bar, and radiant heated floors. Additional highlights include a high-efficiency HVAC system with smart thermostat, 200-amp electrical service, EV charging rough-in, HRV system, central vacuum, and Tarion warranty coverage. Ideally situated just minutes to Yonge Street, Hillcrest Mall, Mackenzie Health, Richmond Hill GO Station, and Highway 404, this is a rare opportunity to own a truly exceptional luxury residence in one of Richmond Hill's most prestigious communities.

Listed by CENTURY 21 LANDUNION REALTY INC.

  • MLS #

    N13113664

  • Sq. Ft

    3500-5000

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    Private

  • Garage

    Built-In, 2 spaces

  • Total Parking

    4

  • Family Room

    Y

  • Den

    Y

  • Exterior

    Brick

  • Fireplace

    Y

  • Roof

    Flat

  • Foundation

    Poured Concrete

  • Elevator

    Y

  • Water View

    n/a

  • Laundry Level

    Upper

  • Heat

    Forced Air

  • A/C

    Central Air

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    Y

  • Family

    5.65 x 5.54 ft Main level

    hardwood floor, Coffered Ceiling, 2 Way Fireplace

  • Dining

    4.87 x 4.22 ft Main level

    hardwood floor, Pot Lights, Large Window

  • Kitchen

    6.56 x 4.36 ft Main level

    Double Sink, Centre Island, W/O To Yard

  • Library

    3.3 x 3.04 ft Main level

    hardwood floor, Sliding Doors, Large Window

  • Primary

    5.49 x 4.58 ft 2nd level

    hardwood floor, 5 Pc Ensuite, O/Looks Ravine

  • Den

    4.28 x 3.68 ft 2nd level

    hardwood floor, 2 Way Fireplace, O/Looks Ravine

  • 2nd Br

    5.54 x 3.72 ft 2nd level

    hardwood floor, 4 Pc Ensuite, W/I Closet

  • 3rd Br

    5.2 x 3.05 ft 2nd level

    hardwood floor, Semi Ensuite, B/I Closet

  • 4th Br

    4.05 x 3.65 ft 2nd level

    hardwood floor, Semi Ensuite, B/I Closet

  • Loft

    7.3 x 3.03 ft 3rd level

    hardwood floor, 4 Pc Bath, W/O To Terrace

  • Rec

    10.1 x 5.29 ft Bsmt level

    Laminate, Heated Floor, Wet Bar

  • Den

    4.27 x 4.17 ft Bsmt level

    Laminate, Heated Floor, Above Grade Window

  • MLS #

    N13113664

  • Sq. Ft

    3500-5000

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    Private

  • Garage

    Built-In, 2 spaces

  • Total Parking

    4

  • Family Room

    Y

  • Den

    Y

  • Exterior

    Brick

  • Fireplace

    Y

  • Roof

    Flat

  • Foundation

    Poured Concrete

  • Elevator

    Y

  • Water View

    n/a

  • Laundry Level

    Upper

  • Heat

    Forced Air

  • A/C

    Central Air

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    Y

  • Family

    5.65 x 5.54 ft Main level

    hardwood floor, Coffered Ceiling, 2 Way Fireplace

  • Dining

    4.87 x 4.22 ft Main level

    hardwood floor, Pot Lights, Large Window

  • Kitchen

    6.56 x 4.36 ft Main level

    Double Sink, Centre Island, W/O To Yard

  • Library

    3.3 x 3.04 ft Main level

    hardwood floor, Sliding Doors, Large Window

  • Primary

    5.49 x 4.58 ft 2nd level

    hardwood floor, 5 Pc Ensuite, O/Looks Ravine

  • Den

    4.28 x 3.68 ft 2nd level

    hardwood floor, 2 Way Fireplace, O/Looks Ravine

  • 2nd Br

    5.54 x 3.72 ft 2nd level

    hardwood floor, 4 Pc Ensuite, W/I Closet

  • 3rd Br

    5.2 x 3.05 ft 2nd level

    hardwood floor, Semi Ensuite, B/I Closet

  • 4th Br

    4.05 x 3.65 ft 2nd level

    hardwood floor, Semi Ensuite, B/I Closet

  • Loft

    7.3 x 3.03 ft 3rd level

    hardwood floor, 4 Pc Bath, W/O To Terrace

  • Rec

    10.1 x 5.29 ft Bsmt level

    Laminate, Heated Floor, Wet Bar

  • Den

    4.27 x 4.17 ft Bsmt level

    Laminate, Heated Floor, Above Grade Window

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Manoj profile avatar

Open house for 121 Milky Way Drive, Richmond Hill

Property Open House

Property History

Property history for 121 Milky Way Drive, Richmond Hill

This property has been sold 8 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

Sign In / Register

Mortgage Calculator

This data is for informational purposes only.

Mortgage Payment per month

Principal Amount

Interest

Total Payable

Amortization

Amortization

Closing Cost Calculator

This data is for informational purposes only.

Closing Cost Total for this property

Total Cash flow for purchasing this property

Down Payment(%)*
Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Down Payment(%)*

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

Manoj profile avatar

Recent Sold Listings in Observatory, Richmond Hill

Popular Cities