
Realistic rush-hour travel times from 121 Milky Way Drive
Richmond Hill GO on Richmond Hill Line: 42 min to Union
Highway 404 & 407 ETR: 6–9 min drive
Pearson Airport (YYZ): 25–30 min drive
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 $2,678,888 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.
Rare opportunity to own a nearly new, extensively upgraded luxury detached home in the prestigious David Dunlap Observatory neighbourhood. With a gorgeous 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.
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This detached home located at 121 Milky Way Drive, Richmond Hill is currently for sale and has been available for 1 day. This property is listed at $2,678,888 with an estimated mortgage of $8,917* per month. It has 8 beds, 6 bathrooms, and is 3500-5000 square feet. 121 Milky Way Drive, Richmond Hill is in the Observatory neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 8 bedrooms and 6 bathrooms, this home offers ample space and comfort for growing families in Observatory, Richmond Hill.
Growing families needing multi-bedroom flexibility and space in Observatory, Richmond Hill.
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No historical data available for this property.
This could be the first listing for this address.
If you are looking for a house in Richmond Hill or researching Richmond Hill real estate for sale, this 8-bedroom detached at 121 Milky Way Drive, Richmond Hill, ON offers an exceptional opportunity to buy a home in Richmond Hill, Ontario. Whether you are a first-time Richmond Hill home buyer or comparing active Richmond Hill MLS® homes for sale, working with a dedicated Richmond Hill buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
Browse all verified Richmond Hill real estate listings, compare active Richmond Hill houses for sale, and view brand new MLS® inventory before it hits the open market.
Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Richmond Hill realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Estimated mortgage: $8,917*/month*. Estimated Ontario Land Transfer Tax: $53,447. First-time Richmond Hill home buyers may qualify for up to $8,475 in rebates.
The current listing price for 121 Milky Way Drive, Richmond Hill, ON in Observatory, Richmond Hill is $2,678,888.
This property features 8 bedrooms and 6 bathrooms across approximately 3500-5000 sqft.
121 Milky Way Drive, Richmond Hill, ON is a Detached (2 1/2 Storey) featuring a Finished, Full basement.
Key property features include: Greenbelt/Conservation, Ravine, Wooded/Treed, Terraced.
Interior highlights include: Carpet Free, Central Vacuum, Auto Garage Door Remote, ERV/HRV.
Yes, this property offers parking space for 5.0 vehicles (Attached).
Heating is provided via Gas and cooling via Central Air.
Request a live agent video tour or get 3D virtual walkthrough access for 121 Milky Way Drive, Richmond Hill, ON .
Observatory, Richmond Hill
9 assaults (45.0/100k)
10 B&E (40.0/100k)
16 thefts (45.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Data-driven valuation for 121 Milky Way Drive, Richmond Hill, ON L4C 4L9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Richmond Hill.
About Purchasing a Home in Richmond Hill, ON
For a property listed at $2,678,888 in Richmond Hill, the legal minimum down payment is $535,778 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $53,447 for this transaction. As this listing is in Richmond Hill (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $53,447.
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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.
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