Home ›Listings ›Richmond Hill ›N13160592

121 Milky Way Drive Richmond Hill ON

📍 Richmond Hill, Ontario L4C 4L9

$2,518,000

Active
8BEDS
6BATHS
4PARKING
1KITCHENS
44.95×98.43LOT (FT)

📋 Listing Highlights

StatusActive
MLS®N13160592
ListedMay 22, 2026
Days on Market—
Property TypeResidential Freehold
StyleDetached
Cross StreetBayview Ave & 16th Ave
PossessionTBA

📝 Listing 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.

🏠 Property Details

Property TypeResidential Freehold
StyleDetached
Bedrooms8
Bathrooms6
Kitchens1

📐 Lot & Land

Lot Width44.95 ft
Lot Depth98.43 ft
Cross StreetBayview Ave & 16th Ave

🔧 Building & Utilities

Heat SourceGas
HeatingForced Air
CoolingCentral Air
BasementFinished, Full
GarageBuilt-In
Garage Spaces2
Parking4
ConstructionBrick, Stone
RoofFlat

💰 Financial

List Price$2,518,000
Annual Taxes$13,148 (2025)
PossessionTBA

🧮 Mortgage Calculator

$503,600
Est. Monthly Payment
$12,370/mo
Principal: $2,014,400 · P+I only
Does not include taxes, insurance or CMHC

📍 Location

Listing provided by CENTURY 21 LANDUNION REALTY INC.Data via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #N13160592 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.