121 Milky Way Drive, Richmond Hill, ON L4C 4L9
$2,518,000
$2,518,000

121 Milky Way Drive

Observatory, Richmond Hill, York $2,518,000

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8 Beds
6 Baths
3500-5000 sqft
Built-In Garage
Parking for 2
West Facing
MLS®#:
N13160592
Property Type:
Detached
Property Style:
2 1/2 Storey
Area:
York
Community:
Observatory
Taxes:
$13,148 / 2025
Added:
May 22 2026
Lot Frontage:
44.95
Lot Depth:
98.43
Status:
Active
Outside:
Brick,Stone
Year Built:
Basement:
Finished,Full
Brokerage:
CENTURY 21 LANDUNION REALTY INC.
Lot :

98

44

Intersection:
Bayview Ave & 16th Ave
Rooms:
Bedrooms:
8
Bathrooms:
6
Fireplace:
Utilities
Water:
Municipal
Cooling:
Central Air
Heating Type:
Forced Air
Heating Fuel:
Family Room 5.65 x 5.54m
Hardwood Floor , Coffered Ceiling(s) , 2 Way Fireplace
Main Level
Dining Room 4.87 x 4.22m
Hardwood Floor , Pot Lights , Large Window
Main Level
Kitchen 6.56 x 4.36m
Double Sink , Centre Island , W/O To Yard
Main Level
Library 3.3 x 3.04m
Hardwood Floor , Sliding Doors , Large Window
Main Level
Primary Bedroom 5.49 x 4.58m
Hardwood Floor , 5 Pc Ensuite , Overlooks Ravine
Second Level
Bedroom 4.28 x 3.68m
Hardwood Floor , 2 Way Fireplace , Overlooks Ravine
Second Level
Bedroom 2 5.54 x 3.72m
Hardwood Floor , 4 Pc Ensuite , Walk-In Closet(s)
Second Level
Bedroom 3 5.2 x 3.05m
Hardwood Floor , Semi Ensuite , B/I Closet
Second Level
Bedroom 4 4.05 x 3.65m
Hardwood Floor , Semi Ensuite , B/I Closet
Second Level
Loft 7.3 x 3.03m
Hardwood Floor , 4 Pc Bath , W/O To Terrace
Third Level
Recreation 10.1 x 5.29m
Laminate , Heated Floor , Wet Bar
Basement Level
Bedroom 4.27 x 4.17m
Laminate , Heated Floor , Above Grade Window
Basement Level

Listing Details

Experience refined luxury in this remarkable ravine-backed 5+3 bed 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 kitchen is fully upgraded and built for entertaining, showcasing oversized appliances, 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 5+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.

Oversized appliances: Wolf Gas Stove, Sub Zero Fridge, Asko Dishwasher, Pot Filler. Furnaces, Central A/C, Central Vacuum, Water Softener, Heat Recovery Ventilator (HRV), LG Washer & Dryer (2nd Floor). All Elfs and All Window Coverings. Two Garage Door Openers and Two remotes.

Insights

  1. Spacious Luxury Living: This estate boasts over 6,800 sq ft of finished living space, including 8 bedrooms and 6 bathrooms, providing ample room for families and guests, making it ideal for both comfortable living and entertaining.
  2. Unique Accessibility Features: The property includes a rare private 4-stop elevator, ensuring easy access across all levels, which is a significant advantage for families with mobility needs or for entertaining guests.
  3. Stunning Ravine Views: Located in the prestigious Observatory Hill community, the home offers breathtaking ravine views, enhancing the overall living experience and providing a serene backdrop for relaxation and leisure.

Property Features

Fenced Yard
Park
Ravine
School
Rec./Commun.Centre

Sale/Lease History of 121 Milky Way Drive

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Neighborhood Overview

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Observatory home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in Observatory

Insights for 121 Milky Way Drive

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* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)