121 Milky Way Dr

LocationObservatory, Richmond Hill, L4C 4L9
$2.689M For Sale
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Description

Rare opportunity to own a nearly new, extensively upgraded luxury detached home in the prestigious David Dunlap Observatory neighbourhood. With a ravine at your back door, a rooftop terrace above the treeline, and an elevator that carries you between all four levels in the prestigious David Dunlap Observatory neighbourhood. Built in 2022 by Aspen Ridge, offering over 6,800 sq ft of total living space and approximately $300,000 in premium upgrades. This is one of only a handful of homes in Observatory Hill with all three signature features: a true ravine lot, a private four-stop elevator, and a third-floor loft that walks out to its own rooftop terrace over the trees. Inside, 4,303 sq ft above grade plus a fully finished basement. Ten-foot ceilings, coffered detailing, and engineered oak hardwood run through the main and upper floors. The chef inspired kitchen is built for people who actually cook and entertain, with a Wolf gas range, Sub-Zero fridge, and a 17-foot waterfall island with a servery behind it for prep and overflow. Five bedrooms upstairs, one bedroom in the basement, six bathrooms in total. Room for a large family, a live-in parent, or guests who stay a while without anyone feeling on top of each other. The primary suite looks straight out over the ravine, with heated ensuite floors and a freestanding soaking tub. The basement adds a second wet bar, a large rec room, a separate den, and radiant floor heating. Conveniently minutes to Yonge St, Hillcrest Mall, Mackenzie Health, Richmond Hill GO, Highway 404, Highway 407, and top-ranked schools including Bayview Secondary School.

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
    N13729320
  • Listing contracted with: RIGHT AT HOME REALTY
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, Central Vacuum, 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.

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.





School Information



Commute Information

GTA Go Train Richmond Hill Go Train Station (1.3km) - Free Parking available, parking lots: 2004

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. 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, 6 Detached homes were sold at average of $1.82M. Persian is the second largest visible minority in Observatory Richmond Hill. In 121 Milky Way Dr neighbourhood, you will find many residents are Chinese, Hong Konger, Asian, Canadian, and Italian. Commuters can get on Highway 404 via 16th avenue in about 10 minutes. Residents can rent the arena for hockey, figure skating, skating party packages, tournaments, and practices. Hillcrest Mall is in the Southwest Corner of the Community. 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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