121 Milky Way Dr

LocationObservatory, Richmond Hill, L4C 4L9
$2.518M For Sale
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Description

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

  • House Facing
    Facing: West
  • Bedrooms
    Bedrooms: 5
  • Bathrooms
    Bathrooms: 6
  • Garages
    Garages: 2
  • Kitchens
    Kitchens: 1

Details

  • Front Lot
    Lot size: 44.95 x 98.43 Feet
  • Lot Depth
    Space: 3500-5000
  • Tax Amount
    Tax: $ 13148.00
  • MLS
    N13160592
  • Listing contracted with: CENTURY 21 LANDUNION REALTY INC.
Room Size(M) Description
Family Rm5.65x5.54

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

Dining Rm4.87x4.22

Hardwood Floor, Pot Lights, Large Window

Kitchen6.56x4.36

Double Sink, Centre Island, W/O To Yard

Library3.30x3.04

Hardwood Floor, Sliding Doors, Large Window

Primary B5.49x4.58

Hardwood Floor, 5 Pc Ensuite, Overlooks Ravine

Br4.28x3.68

Hardwood Floor, 2 Way Fireplace, Overlooks Ravine

2nd Br5.54x3.72

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

3rd Br5.20x3.05

Hardwood Floor, Semi Ensuite, B/I Closet

4th Br4.05x3.65

Hardwood Floor, Semi Ensuite, B/I Closet

Loft7.30x3.03

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

Recreatio10.10x5.29

Laminate, Heated Floor, Wet Bar

Br4.27x4.17

Laminate, Heated Floor, Above Grade Window



Bathroom Pieces Level
1xBath4 pcs

Third

2xBaths5 pcs

Second

1xBath4 pcs

Second

1xBath2 pcs

Main

1xBath3 pcs

Basement



Property Summary

Located close to the intersection of Bayview Ave & 16th Ave, 121 Milky Way Dr is a 5+3 bedrooms 6 washrooms Detached. The unit has a Double Built-In Parking Spaces. The property has many nice features including Water Softener, ERV/HRV, Auto Garage Door Remot, Central Vacuum and Carpet Free. Family Room Rm, Dinning Room Rm, Kitchen and Library are on the Main floor.


School Information



Commute Information

GTA Go Train Richmond Hill Go Train Station (1.3km)

Location





Community Overview

121 Milky Way Dr 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. Real estate in this part of Richmond Hill was primarily built between 1980 and 2000, with the latest Observatory Hill neighborhood added on the east side of Observatory Park. In past 3 months, 12 Detached homes were sold at average of $1.84M. Chinese account for over 20% of the population in the Community. They both have plenty of parking spaces. Residents can rent the arena for hockey, figure skating, skating party packages, tournaments, and practices. Moreover, South Hill Shopping Centre and several commercial plazas are on the east side of Yonge St. 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.


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