121 Milky Way Drive, Richmond Hill, ON L4C 4L9
Richmond Hill, ON, L4C 4L9 · Observatory
About this property
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.
Features & Amenities
- Basement: Finished, Full
- Garage: Built-In
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 2 1/2 Storey
- Construction: Brick, Stone
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Detached |
| Architectural Style | 2 1/2 Storey |
| Bedrooms | 8 |
| Bathrooms | 6 |
| Basement | Finished, Full |
| Garage | Built-In |
| Parking Spaces | 2 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $13,148 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Carpet Free, Central Vacuum, Auto Garage Door Remote, ERV/HRV, Water Softener
- Fireplace
- Yes
- Fireplace Features
- Family Room, Natural Gas
- Central Vacuum
- Yes
Exterior Features
- Exterior Features
- Patio
- Other Structures
- Fence - Full
- Pool Features
- None
Building & Construction
- Architectural Style
- 2 1/2 Storey
- Construction Materials
- Brick, Stone
- Foundation Details
- Poured Concrete
- Roof
- Flat
- Basement
- Finished, Full
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- Built-In
- Garage
- Yes
- Parking Spaces
- 2
- Parking Total
- 4.00
- Parking Features
- Private
- Covered Spaces
- 2
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 98.43
- Lot Width
- 44.95
Community & Neighborhood
- Property Features
- Fenced Yard, Park, Ravine, School, Rec./Commun.Centre
Financial & Tax
- Tax Annual Amount
- $13,148
- Tax Year
- 2025
- Possession Type
- Flexible
- Possession Details
- TBA
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 10
- Rooms Below Grade
- 2
- Kitchens Above Grade
- 1
- Kitchens Total
- 1
- Bedrooms Above Grade
- 5
- Bedrooms Below Grade
- 3
Additional Details
- Occupant Type
- Owner
- Direction Faces
- West
- County Or Parish
- York
- Cross Street
- Bayview Ave & 16th Ave
- Directions
- Bayview Ave(W) & 16th Ave (N)
- Special Designation
- Unknown
- Showing Requirements
- Lockbox
Location
121 Milky Way Drive, Richmond Hill, ON L4C 4L9, Richmond Hill, ON, L4C 4L9