164 Milky Way Drive, Richmond Hill, ON

$2,790,000
MLS#:N13030432
5 beds
6 baths
3500-5000 sqft
5.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2 1/2 Storey"] detached located in the coveted neighborhood of Observatory. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $2,790,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 6 Bathrooms
  • Generous living space spanning 3500-5000 sqft on a premium 44.95 x 98.43 ft lot
  • Features a ["partially finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Central Vacuum, Carpet Free
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Welcome to 164 Milky Way Drive, an exceptional three-storey detached home offering 4,545 square feet of luxurious above-grade living space (as per MPAC), ideally situated in one of Richmond Hill's most sought-after communities.complete with a 3-car tandem garage. Set on a premium south facing lot with no sidewalk, this remarkable home blends architectural presence with impeccable craftsmanship and tons of custom upgrades. A grand double door entry introduces soaring 10 foot ceilings on the main level and 9 foot ceilings on the upper and lower levels. Rich hardwood flooring flows throughout, complemented by coffered and waffle ceilings, pot lights with dimmers. Designed for both grand entertaining and everyday living, the open concept layout features a formal dining area, a private main floor office, and an inviting family room with a statement waffle ceiling and gas fireplace. The chef inspired kitchen is a showcase of luxury with custom cabinetry, soft closing drawers, and an expansive center island, while a bright breakfast area walks out to the beautifully interlocked backyard. All four bedrooms are generously proportioned, each with its own private ensuite, every room comfortably accommodating a king size bed. The primary retreat offers a spa inspired five piece ensuite and walk in closet. The expansive third floor loft with balcony access provides exceptional flexibility ideal as a guest suite, nanny quarters, executive office, or additional entertainment space. The open basement offers further customization potential. Perfectly positioned minutes to GO Transit, Highways 404 and 407, David Dunlap Observatory Park, fine shopping, dining, and everyday conveniences.

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Key Features

Bedrooms
5
Bathrooms
6
Kitchens
1
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date4/22/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick, Stone
Lot Size44.95 × 98.43 Feet
CountyYork
Annual Tax$13,060
Legal DescriptionLOT 205, PLAN 65M4547

Parking & Garage

Parking Spaces5.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Fenced Yard, Park, Rec./Commun.Centre, School

Community Features

Location

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164 Milky Way Drive, Richmond Hill, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Observatory, Richmond Hill.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$1,188,623

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Sixteenth Avenue
Public400 16th Avenue, Richmond Hill, Ontario, L4C 7A9
6.5
St Joseph
Public301 Roney Avenue, Richmond Hill, Ontario, L4C 2H4
7.0
Walter Scott
Public500 Major MacKenzie Drive East, Richmond Hill, Ontario, L4C 1J2
3.9
Bayview Hill
Public81 Strathearn Avenue, Richmond Hill, Ontario, L4B 2J5
8.0
St Charles Garnier
Public16 Castle Rock Drive, Richmond Hill, Ontario, L4C 5H5
9.3

Secondary Schools

Richmond Hill
Public189 Weldrick Road East, Richmond Hill, Ontario, L4C 0A6
8.3
Alexander MacKenzie
Public300 Major MacKenzie Drive West, Richmond Hill, Ontario, L4C 3S3
8.5
Bayview
Public10077 Bayview Avenue, Richmond Hill, Ontario, L4C 2L4
9.2
Norval-Morrisseau
Public51 Wright Street, Richmond Hill, Ontario, L4C 4A1
8.3
Langstaff
Public106 Garden Avenue, Richmond Hill, Ontario, L4C 6M1
5.2

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 164 Milky Way Drive, Richmond Hill, ON L4C 4Y3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$2,232,000
Monthly Mortgage$12,969
Property Tax (Est.)$1,088
Utilities & Maint.$350
Total Monthly Cost$14,407

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Richmond Hill.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.