27 Milky Way Drive, Richmond Hill, ON
Property Highlights
Welcome to this remarkable 3-Storey detached located in the coveted neighborhood of Observatory. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $3,070,000 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 27.07 x 140.82 ft lot
- Features a walk-out, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Auto Garage Door Remote, Bar Fridge, Built-In Oven
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to one of the most extraordinary homes in prestigious Observatory Hill-a luxurious modern single-detached residence with 3700+ sf on an ultra-rare private pie-shaped ravine lot. Step directly from the walkout basement onto your tranquil backyard oasis overlooking the ravine, where deer wander by almost daily, creating a peaceful retreat unlike anywhere else.What truly sets this home apart is its one-of-a-kind layout. Enjoy a spacious 500+ sq. ft. third-floor loft and an exceptionally rare 360+ sq. ft. private open-air rooftop terrace. Thanks to the unique pie-shaped lot, the rooftop offers remarkable privacy-a feature you simply won't find in another Toronto home.Premium kitchen upgrades include 48-inch built-in Sub-Zero side-by-side refrigerator, upgraded Wolf gas cooktop, and built-in Samsung microwave and oven stack with one-touch steam cooking.Luxury continues with heated floors in both the walkout basement and primary ensuite. Relax in the upgraded freestanding soaker tub while enjoying your favorite music through the built-in Bluetooth speaker integrated into the bathroom fan, creating your own spa-like retreat. Both the main floor powder room and primary ensuite feature smart toilets with heated seats.Custom designer-built display and storage shelving with integrated luxurious LED mood lightingenhances both the first and second floors. An unobstructed skylight extending from the third floor fills the entire staircase with natural light, making every level feel bright, warm, and inviting.The spectacular third-floor loft is truly a home within a home. Complete with a full wet bar, custom cabinetry, and a full 4-piece bathroom, it's the perfect space for entertaining or spending an entire cozy weekend watching Netflix with your loved ones.Book your private showing today and experience this truly one-of-a-kind home for yourself.
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Property Summary
This detached home located at 27 Milky Way Drive, Richmond Hill is currently for sale and has been available on SousaSells for 24 days. This property is listed at $3,070,000 with an estimated mortgage of $10,219* per month. It has 4 beds, 5 bathrooms, and is 3500-5000 square feet. 27 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 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
- Clear View
- Fenced Yard
- Park
- Public Transit
- Rec./Commun.Centre
- School Bus Route
Interior Features
- Auto Garage Door Remote
- Bar Fridge
- Built-In Oven
- Carpet Free
- Central Vacuum
- Countertop Range
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 27 Milky Way Drive, Richmond Hill, ON
Q.What is the asking price for 27 Milky Way Drive, Richmond Hill, ON ?
The current listing price for 27 Milky Way Drive, Richmond Hill, ON in Observatory, Richmond Hill is $3,070,000.
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 27 Milky Way Drive, Richmond Hill, ON ?
27 Milky Way Drive, Richmond Hill, ON is a Detached (3-Storey) featuring a Walk-Out, Separate Entrance basement.
Q.What key property features does 27 Milky Way Drive, Richmond Hill, ON offer?
Key property features include: Clear View, Fenced Yard, Park, Public Transit, Rec./Commun.Centre, School Bus Route.
Q.What interior features are included in this home?
Interior highlights include: Auto Garage Door Remote, Bar Fridge, Built-In Oven, Carpet Free, Central Vacuum, Countertop Range.
Q.Is parking available at this property?
Yes, this property offers parking space for 4.0 vehicles (Built-In).
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 27 Milky Way Drive, Richmond Hill, ON L4C 4M9
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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 $3,070,000 in Richmond Hill, the legal minimum down payment is $614,000 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 $63,225 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 $63,225.
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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.