130 Milky Way Drive, Richmond Hill, ON
Property no longer active
This property was sold on November 4, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Observatory. Expertly crafted featuring premium stone construction, this residence presents an exceptional opportunity offered at $3,100,000 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.
- 4 Bedrooms and 5 Bathrooms
- Generous living space spanning 3500-5000 sqft on a premium 44.99 x 98.52 ft lot
- Features a unfinished, walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Auto Garage Door Remote, Built-In Oven, Ventilation System
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this luxurious 2-storey detached home in the prestigious Observatory Hill community, offering over 3,500 sq ft of elegant living space. Situated on a lot with no sidewalk, it provides generous driveway parking. The open, unfinished walk-out basement presents endless possibilities for customization, allowing you to design a space that suits your personal style and needs. The property is equipped with an elevator accessible on all three levels. All four spacious bedrooms feature their own ensuite bathrooms and can easily accommodate king-size beds, offering comfort and privacy for the entire family. The home features soaring ceilings10 feet on the main floor and 9 feet on both the second floor and basementhardwood flooring throughout, flat ceilings, pot lights, and a main floor office. The family room boasts a beautiful waffle ceiling and a cozy gas fireplace. With over $300K in builder and custom upgrades, the open-concept layout includes an upgraded kitchen with a large breakfast area and walk-out to the balcony. High-end built-in appliances include a Wolf induction cooktop, Wolf range hood, Sub-Zero double-door fridge, Wolf microwave/oven, Asko dishwasher, and ample soft-close cabinetry for storage. Located in a top-ranked school zoneBayview Secondary School and Sixteenth Avenue Public Schoolthis home is just a 5-minute drive to the GO Station and 8 minutes to Highways 404 and 407. Nestled near David Dunlap Observatory Park, the area offers a perfect balance of nature and urban convenience. Youll also find public transit, restaurants, top-rated schools, shopping centers, supermarkets, and other amenities nearby. This is truly a must-see propertydont miss the opportunity to make it yours!
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Property Summary
This detached home located at 130 Milky Way Drive, Richmond Hill is currently for sale and has been available on SousaSells for 374 days. This property is listed at $3,100,000 with an estimated mortgage of $10,319* per month. It has 4 beds, 5 bathrooms, and is 3500-5000 square feet. 130 Milky Way Drive, Richmond Hill is in the Observatory neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 5 bathrooms, this home offers ample space and comfort for growing families in Observatory, Richmond Hill.
- •4 spacious bedroom layout offering versatile living space
- •5 well-appointed bathrooms
- •3500-5000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Observatory, Richmond Hill.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Auto Garage Door Remote
- Built-In Oven
- Ventilation System
- Carpet Free
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 130 Milky Way Drive, Richmond Hill, ON
Q.What is the asking price for 130 Milky Way Drive, Richmond Hill, ON ?
The current listing price for 130 Milky Way Drive, Richmond Hill, ON in Observatory, Richmond Hill is $3,100,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 5 bathrooms across approximately 3500-5000 sqft.
Q.What property type and architectural style is 130 Milky Way Drive, Richmond Hill, ON ?
130 Milky Way Drive, Richmond Hill, ON is a Detached (2-Storey) featuring a Unfinished, Walk-Out basement.
Q.What interior features are included in this home?
Interior highlights include: Auto Garage Door Remote, Built-In Oven, Ventilation System, Carpet Free.
Q.Is parking available at this property?
Yes, this property offers parking space for 6.0 vehicles (Attached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 130 Milky Way Drive, Richmond Hill, ON L4C 4L9
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Richmond Hill, ON
For a property listed at $3,100,000 in Richmond Hill, the legal minimum down payment is $620,000 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 $63,975 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 $63,975.
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