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121 MILKY WAY DRIVE, Richmond Hill (Observatory)
2026-05-22
Quick Summary
- Location
- 121 MILKY WAY DRIVE, Richmond Hill (Observatory), Ontario L4C4L9
- Price
- $2,518,000
- Status:
- For Sale
- Property Type:
- Single Family
- Area:
- 3500 - 5000 sqft
- Bedrooms:
- 5 bed +3
- Bathrooms:
- 6
- Garages:
- 4
MLS®#N13160592
Property Description
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. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Park, Schools
Building
- Amenities: Fireplace(s)
- Appliances: Central Vacuum, Garage door opener remote(s), Water softener, Dishwasher, Dryer, Garage door opener, Gas stove(s), Washer, Window Coverings, Refrigerator
- Basement Development: Finished
- Basement Type: Full (Finished)
- Construction Style: Detached
- Cooling Type: Central air conditioning
- Exterior Finish: Brick, Stone
- Fireplace: Yes
- Flooring Type: Hardwood, Laminate
- Interior Size: 3500 - 5000 sqft
- Building Type: House
- Stories: 2.5
- Utility Water: Municipal water
Features
- Feature: Ravine, Carpet Free
Land
- Land Size: 45 x 98.4 FT
- Sewer: Sanitary sewer
Ownership
- Type: Freehold
Structure
- Structure: Patio(s)
Information entered by CENTURY 21 LANDUNION REALTY INC.
Listing information last updated on: 2026-05-25 12:11:21
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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