121 Milky Way Drive, Richmond Hill, ON

Richmond Hill, Observatory Hood
Bayview Ave & 16th Ave
5+3 Br | 6 Bath | 3500-5000 Sqft
$2,858,888 For Sale

Property Overview

  • Detached — 2 1/2 Storey
  • SqFt: | 3500-5000 Sqft
  • Lot Size: 44.95 x 98.43 Feet
  • Age: n/a
  • Basement: Finished, Full
  • Exterior: Brick, Stone
  • Taxes: 13,148 / 2025
  • Zoning: n/a
  • MLS #: N13113664
  • Sewer: Sewer
  • Heat Source: Gas , Forced Air

Property Description

Experience refined luxury in this remarkable ravine-backed 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 chef-inspired kitchen is built for entertaining, showcasing 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.

Wolf Gas Stove, Sub Zero Fridge, Asko Dishwasher, Pot Filler. Furnaces, Central A/C, Central Vacuum, Water Softener, Heat Recovery Ventilator (HRV), LG Washer & Dryer (2nd Floor). All Elfs and All Window Coverings. Two Garage Door Openers and Two remotes.

Property Details

  • For: For Sale
  • Type: Detached
  • Style: 2 1/2 Storey
  • Lot: 44.95 x 98.43 Feet
  • Region: York
  • Hood: Observatory
  • Zoning: n/a
  • Lot Irreg: Fronting on: West
  • Fronting On: West

Building Details

  • Age: n/a
  • Exterior: Brick, Stone
  • Heat: Gas , Forced Air
  • A/C: Central Air
  • Interior Features: Carpet Free, Central Vacuum, Auto Garage Door Remote, ERV/HRV, Water Softener
  • Pool: None
  • Sewer: Sewer
  • Garage: Built-In
  • Total Parking: 4.00
  • Driveway: Private

Property Interior

  • Sqft: 3500-5000 Sqft
  • Bed: 5 +3
  • Bath: 6
  • Kitchen: 1
  • Family Room: No
  • Basement: Finished, Full
Rooms Details

Family Room

Main Level

5.65 x 5.54

Hardwood Floor, Coffered Ceiling(s), 2 Way Fireplace

Dining Room

Main Level

4.87 x 4.22

Hardwood Floor, Pot Lights, Large Window

Kitchen

Main Level

6.56 x 4.36

Double Sink, Centre Island, W/O To Yard

Library

Main Level

3.3 x 3.04

Hardwood Floor, Sliding Doors, Large Window

Primary Bedroom

Second Level

5.49 x 4.58

Hardwood Floor, 5 Pc Ensuite, Overlooks Ravine

Bedroom

Second Level

4.28 x 3.68

Hardwood Floor, 2 Way Fireplace, Overlooks Ravine

Bedroom 2

Second Level

5.54 x 3.72

Hardwood Floor, 4 Pc Ensuite, Walk-In Closet(s)

Bedroom 3

Second Level

5.2 x 3.05

Hardwood Floor, Semi Ensuite, B/I Closet

Bedroom 4

Second Level

4.05 x 3.65

Hardwood Floor, Semi Ensuite, B/I Closet

Loft

Third Level

7.3 x 3.03

Hardwood Floor, 4 Pc Bath, W/O To Terrace

Recreation

Basement Level

10.1 x 5.29

Laminate, Heated Floor, Wet Bar

Bedroom

Basement Level

4.27 x 4.17

Laminate, Heated Floor, Above Grade Window

Property Listed by: CENTURY 21 LANDUNION REALTY INC.
Virtual Tour: https://tour.uniquevtour.com/vtour/121-milky-way-dr-richmond-hill

Home Valuation Estimate

What is 121 Milky Way Drive, Richmond Hill, ON worth in today’s Observatory, Richmond Hill market?

This HomeZira valuation preview helps buyers and sellers think through the asking price for this 5-bedroom Detached with 3500-5000 sq. ft. in Observatory, Richmond Hill. The full estimate reviews the property’s location, home type, bedroom count, size range, age, and nearby comparable market activity after sign-in.

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Location

  • Address: 121 Milky Way Drive
  • Neighborhood: Observatory
  • Zip/Postal Code: L4C 4L9
  • Nearby Amenities: Fenced Yard, Park, Ravine, School, Rec./Commun.Centre
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About 121 Milky Way Drive, Richmond Hill, ON L4C 4L9, Richmond Hill

Located at 121 Milky Way Drive, Richmond Hill, ON in Richmond Hill (Observatory neighbourhood), near Bayview Ave & 16th Ave. This freehold home offers Detached, ["2 1\/2 Storey"], 5 bedrooms, 6 bathrooms and 3500-5000 sq.ft. (approx.) in a layout suited to everyday family living. Basement: Finished, Full • 4 parking spots • Garage: Built-In • Heating: Gas Forced Air • Cooling: Central Air. Property taxes are approximately $13,148 for 2025. Experience refined luxury in this remarkable ravine-backed 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 a.

FAQs for 121 Milky Way Drive, Richmond Hill, ON , Observatory , Richmond Hill

What are the listing details for 121 Milky Way Drive, Richmond Hill, ON?
121 Milky Way Drive, Richmond Hill, ON is a Detached for sale in Richmond Hill, in the Observatory neighbourhood, York. The current list price is $2,858,888. MLS number: N13113664.
How many bedrooms and bathrooms does this home have?
121 Milky Way Drive, Richmond Hill, ON is listed as a Detached with a ["2 1\/2 Storey"] style, featuring 5+3 bedroom(s) and 6 bathroom(s). The listed interior size range is 3500-5000 sq. ft..
What lot, basement, garage, or parking details are listed?
The lot size is listed as approximately 44.95 x 98.43 Feet. The basement is listed as: Finished, Full. Garage type: Built-In. Total parking: 4 space(s).
What heating, cooling, and exterior details are shown?
Heating is listed as: Gas, Forced Air. Cooling is listed as: Central Air. Exterior/construction materials are listed as: Brick, Stone.
Where is this property located?
121 Milky Way Drive, Richmond Hill, ON is located in the Observatory neighbourhood of Richmond Hill. The listed cross street is Bayview Ave & 16th Ave.
What information is available on this public listing page?
The public listing page shows current active listing information, property photos, room details when available, map location, listed price, property features, and contact options. Annual taxes are listed as $13,148 / 2025. Valuation tools and similar sold-property previews are available after sign-in where applicable, without displaying sold data in this public FAQ.

FAQ content is based on current active listing fields shown on this page. Sold prices, sold comparables, and VOW-only details are not included in this public FAQ.