Address
121 Milky Way Drive, Richmond Hill, ON
Price
$ 2,688,888
Property Attributes
- MLS#N13729320
- TypeSingle Family
- Listing Status New
- CityRichmond Hill
- AreaObservatory
- NeighbourhoodObservatory
- Postal CodeL4C 4L9
- Style2 1/2 Storey
- Taxes$ 13148
- Price$ 2,688,888
- Bedrooms8
- Full Bathrooms6
- Half Bathrooms0
- Sqr Footage3500-5000
Data Source:
Toronto Real Estate Board (TRREB)
Property Description
Rare opportunity to own a nearly new, extensively upgraded luxury detached home in the prestigious David Dunlap Observatory neighbourhood. With a ravine at your back door, a rooftop terrace above the treeline, and an elevator that carries you between all four levels in the prestigious David Dunlap Observatory neighbourhood. Built in 2022 by Aspen Ridge, offering over 6,800 sq ft of total living space and approximately $300,000 in premium upgrades. This is one of only a handful of homes in Observatory Hill with all three signature features: a true ravine lot, a private four-stop elevator, and a third-floor loft that walks out to its own rooftop terrace over the trees. Inside, 4,303 sq ft above grade plus a fully finished basement. Ten-foot ceilings, coffered detailing, and engineered oak hardwood run through the main and upper floors. The chef inspired kitchen is built for people who actually cook and entertain, with a Wolf gas range, Sub-Zero fridge, and a 17-foot waterfall island with a servery behind it for prep and overflow. Five bedrooms upstairs, one bedroom in the basement, six bathrooms in total. Room for a large family, a live-in parent, or guests who stay a while without anyone feeling on top of each other. The primary suite looks straight out over the ravine, with heated ensuite floors and a freestanding soaking tub. The basement adds a second wet bar, a large rec room, a separate den, and radiant floor heating. Conveniently minutes to Yonge St, Hillcrest Mall, Mackenzie Health, Richmond Hill GO, Highway 404, Highway 407, and top-ranked schools including Bayview Secondary School.
| Price History | |
|---|---|
| 8/31/2026 | Listed $2,688,888 |
General Features
| Sewer | Sewer |
|---|---|
| Cooling | Central Air |
| Roof | Flat |
| Architectural Style | 2 1/2 Storey |
| Pool Features | None |
| Construction Materials | Stone,Brick |
| View | Trees/Woods,Forest |
| Heater Type | Forced Air |
| Parking Spaces | 3 |
| Property Subtype | Detached |
| Tax Year | 2025 |
| Lot Depth | 98.43 |
| PropertyFeatures | Wooded/Treed |
| Accessibility | Elevator |
| County | York |
| New Construction | No |
| Property Type | Residential Freehold |
| Attached Garage | No |
| Facing Direction | West |
| Garage Y/N | Yes |
| Status | New |
| City | Richmond Hill |
| Senior Community Y/N | No |
| Lot Size Units | Feet |
| Property Attached Y/N | No |
| Tax Annual Amount | 13148.0 |
| Standard Status | Active |
| Occupancy Type | Owner |
| Legal Description | LOT 374,PLAN 65M4547 SUBJECT TO AN EASEMENT FOR ENTRY AS IN YR3496380 CITY OF RICHMOND HILL |
Interior Features
| Interior Amenities | Carpet Free,Central Vacuum,Auto Garage Door Remote,ERV/HRV,Water Softener |
|---|---|
| Basement | Finished,Full |
| Fireplace Features | Family Room,Natural Gas |
| Heat Source | Gas |
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | Yes |
| Total Bedrooms | 8 |
| Elevator? | Yes |
| Total Baths | 6 |
| Bedrooms | 5+3 |
| Living Area Range | 3500-5000 |
Exterior Features
| Exterior Amenities | Patio,Landscaped |
|---|---|
| Total Parking | 5.0 |
| Garage Type | Built-In |
| Foundation Details | Poured Concrete |
| Spa | No |
| Lot Size Source | Survey |
| Waterfront Y/N | No |
| Covered Spaces | 2.0 |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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Price
Visits
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Toronto Real Estate Board (TRREB); All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating