Salehian.com 647-325-5000

121 Milky Way Drive

Observatory, Richmond Hill, L4C 4L9

$2,688,888

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  • 5+3 bedrooms
  • 6 bathrooms
  • 5 parking
  • 3500-5000 sq ft

Listed 50 days ago · MLS® N13729320

About this home

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.

Details

Type
Detached
Style
2 1/2 Storey
Age
0-5 years
Size
3500-5000 sq ft
Lot
44.95 × 98.43 ft
Basement
Finished, Full
Garage
Built-In
Kitchens
1
Property tax
$13,148 (2025)
Neighbourhood
Observatory
Municipality
Richmond Hill
Price per sq ft
~$633 (5% below detached houses in Observatory, $664)

Interior

Bedrooms
5 above ground + 3 below
Bathrooms
1 × 4-piece (third), 2 × 5-piece (second), 1 × 4-piece (second), 1 × 2-piece (main), 1 × 3-piece (basement)
Rooms
10 above ground + 2 below
Family room or den
Yes
Fireplace
Family Room, Natural Gas
Features
Carpet Free, Central Vacuum, Auto Garage Door Remote, ERV/HRV, Water Softener

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air
Water and sewer
Sewer

Building and exterior

Style
2 1/2 Storey
Exterior
Stone, Brick
Roof
Flat
Foundation
Poured Concrete
Age
0-5 years
Faces
West
Outdoor
Patio, Landscaped

Parking

Garage spaces
2
Total parking
5

Lot

Size
44.95 × 98.43 ft

More

Possession
TBA
Nearby
Wooded/Treed
Cross street
Bayview Ave & 16th Ave

Rooms

RoomLevelSizeFeatures
Family RoomMain5.65 × 5.54 m (18'6" × 18'2")Hardwood Floor, Coffered Ceiling(s), 2 Way Fireplace
Dining RoomMain4.87 × 4.22 m (16' × 13'10")Hardwood Floor, Pot Lights, Large Window
KitchenMain6.56 × 4.36 m (21'6" × 14'4")Double Sink, Central Vacuum, W/O To Yard
LibraryMain3.3 × 3.04 m (10'10" × 10')Hardwood Floor, Sliding Doors, Large Window
Primary BedroomSecond5.49 × 4.58 m (18' × 15')Hardwood Floor, 5 Pc Ensuite, Overlooks Ravine
BedroomSecond4.28 × 3.68 m (14'1" × 12'1")Hardwood Floor, 2 Way Fireplace, Overlooks Ravine
Bedroom 2Second5.54 × 3.72 m (18'2" × 12'2")Hardwood Floor, 4 Pc Ensuite, Walk-In Closet(s)
Bedroom 3Second5.2 × 3.05 m (17'1" × 10')Hardwood Floor, Semi Ensuite, B/I Closet
Bedroom 4Second4.05 × 3.65 m (13'3" × 12')Hardwood Floor, Semi Ensuite, B/I Closet
LoftThird7.3 × 3.03 m (23'11" × 9'11")Hardwood Floor, 4 Pc Bath, W/O To Terrace
RecreationBasement10.1 × 5.29 m (33'2" × 17'4")Laminate, Heated Floor, Wet Bar
BedroomBasement4.27 × 4.17 m (14' × 13'8")Laminate, Heated Floor, Above Grade Window

History of this address

10 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Somewhat walkable

  • 🚆 Richmond Hill GO1.4 km

Within a 10-minute walk: 1 grocery store, 4 cafés and restaurants, 11 parks. Nearest grocery: Bruno's Fine Foods (650 m). Nearest park: Fulton Parkette (350 m).

Schools nearby

Elementary

  • Richmond Hill Montessori Private School Private7 min walk
  • St. Joseph Catholic Elementary School Catholic
    EQAO: Gr 6 reading 100%, math 60%    9 min walk
  • Sixteenth Avenue Public School
    EQAO: Gr 6 reading 95%, math 55%    12 min walk
  • Bayview Hill Elementary School
    EQAO: Gr 6 reading 95%, math 75%    17 min walk

Secondary

  • Bayview Secondary School
    EQAO: Gr 9 math 91%, literacy test 95%    1.7 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area L4C

Owners / renters
70% / 30%
Median household income
$86,000
Average age
45
Children under 15
13%
Homes
49% detached, 30% high-rise
Commute by transit
10%
Population
74,636

Languages spoken most at home besides English: Iranian Persian 9.6%, Mandarin 6.2%, Yue (Cantonese) 4.3%, Russian 4%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Crime Severity Index for York Region police: 50 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

To Union Station (downtown Toronto): 24 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by RIGHT AT HOME REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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