Local Area Profile
This property is located in a predominantly owner-occupied residential area with housing made up primarily of detached homes. Approximately 61% of residents hold a bachelor's degree or higher, while about 16% have a college credential. Driving is the primary commuting method for nearly all local commuters.
Commute Information
Richmond Hill Go Train Station (1.7km) - Free Parking available, parking lots: 2004
Community Overview
Milky Way is at the Heart of Observatory Community. Observatory community runs from Bayview Avenue on the East to 16th Ave on the south, Yonge St on the West, and Weldrick Road on the north. The railway divides the Community into East and West. Commercial businesses, condo buildings, and townhouses occupy around half of the land on the west side of the Community. On the east side of the railway are mainly residential real estate detached houses surrounding historic David Dunlap Observatory Park. Other than most detached homes, homebuyers can also find Condo apartments, townhomes, semi-detached homes, and attached townhouses in the Community. In past 3 months, 7 Detached homes were sold at average of $1.73M. Chinese account for over 20% of the population in the Community. In Milky Way neighbourhood, you will find many residents are Chinese, Hong Konger, Asian, Canadian, and Italian. Bayview Avenue and Yonge Street also directly link to express tollway 407, permitting a speedy trip to both East and West. Located South of the Community is Elvis Stojko arena which offers an indoor skating field. This includes No Frills, T&T Supermarket, banks, and many restaurants. The Observatory is a community mixed with entry-level condo apartments to multi-million luxurious new homes. Close to a beautiful historical park, within an excellent school zone, and proximate to a large shopping center, make the Community one of the most desired places to live in Richmond Hill.
