27 Milky Way Drive

Observatory, Richmond Hill, L4C 4M9

$2,850,000

Reduced $220,000 from $3,070,000

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  • 4 bedrooms
  • 5 bathrooms
  • 4 parking
  • 3500-5000 sq ft

Listed 99 days ago · MLS® N13557586

About this home

Welcome to one of the most extraordinary homes in prestigious Observatory Hill-a luxurious modern single-detached residence with 3700+ sf on an ultra-rare private pie-shaped ravine lot. Step directly from the walkout basement onto your tranquil backyard oasis overlooking the ravine, where deer wander by almost daily, creating a peaceful retreat unlike anywhere else.What truly sets this home apart is its one-of-a-kind layout. Enjoy a spacious 500+ sq. ft. third-floor loft and an exceptionally rare 360+ sq. ft. private open-air rooftop terrace. Thanks to the unique pie-shaped lot, the rooftop offers remarkable privacy-a feature you simply won't find in another Toronto home.Premium kitchen upgrades include 48-inch built-in Sub-Zero side-by-side refrigerator, upgraded Wolf gas cooktop, and built-in Samsung microwave and oven stack with one-touch steam cooking.Luxury continues with heated floors in both the walkout basement and primary ensuite. Relax in the upgraded freestanding soaker tub while enjoying your favorite music through the built-in Bluetooth speaker integrated into the bathroom fan, creating your own spa-like retreat. Both the main floor powder room and primary ensuite feature smart toilets with heated seats.Custom designer-built display and storage shelving with integrated luxurious LED mood lightingenhances both the first and second floors. An unobstructed skylight extending from the third floor fills the entire staircase with natural light, making every level feel bright, warm, and inviting.The spectacular third-floor loft is truly a home within a home. Complete with a full wet bar, custom cabinetry, and a full 4-piece bathroom, it's the perfect space for entertaining or spending an entire cozy weekend watching Netflix with your loved ones.Book your private showing today and experience this truly one-of-a-kind home for yourself.

Details

Type
Detached
Style
3-Storey
Size
3500-5000 sq ft
Lot
27.07 × 140.82 ft
Basement
Walk-Out, Separate Entrance
Garage
Built-In
Kitchens
1
Property tax
$12,669 (2025)
Neighbourhood
Observatory
Municipality
Richmond Hill
Price per sq ft
~$671 (about the same as detached houses in Observatory)

Interior

Bedrooms
4 above ground
Bathrooms
1 × 2-piece (ground), 2 × 5-piece (second), 1 × 4-piece (second), 1 × 4-piece (third)
Rooms
8 above ground
Family room or den
Yes
Fireplace
Yes
Features
Auto Garage Door Remote, Bar Fridge, Built-In Oven, Carpet Free, Central Vacuum, Countertop Range

Heating, cooling and services

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

Building and exterior

Style
3-Storey
Exterior
Brick, Concrete
Roof
Flat
Foundation
Concrete
Faces
South

Parking

Garage spaces
2
Total parking
4
Driveway and parking
Private Double

Lot

Size
27.07 × 140.82 ft (irregular)

More

Possession
Immediate
Nearby
Clear View, Fenced Yard, Park, Public Transit, Rec./Commun.Centre, School Bus Route
Cross street
Bayview Ave & 16th Ave

Rooms

RoomLevelSizeFeatures
Living RoomGround7.92 × 4.26 m (26' × 14')Coffered Ceiling(s), 2 Way Fireplace, Overlooks Ravine
Dining RoomGround3.96 × 4.14 m (13' × 13'7")Pot Lights, Hardwood Floor, Overlooks Ravine
KitchenGround4.14 × 5.02 m (13'7" × 16'6")Sliding Doors, Centre Island, Overlooks Ravine
Primary BedroomSecond4.87 × 4.57 m (16' × 15')Walk-In Closet(s), 5 Pc Ensuite, Overlooks Ravine
Bedroom 2Second3.65 × 3.04 m (12' × 10')Walk-In Closet(s), 4 Pc Ensuite, Large Window
Bedroom 3Second3.53 × 3.73 m (11'7" × 12'3")Hardwood Floor, B/I Closet, Large Window
Bedroom 4Second4.11 × 3.65 m (13'6" × 12')Hardwood Floor, B/I Closet, Overlooks Ravine
LoftThird8.5 × 5.58 m (27'11" × 18'4")Hardwood Floor, Wet Bar, W/O To Terrace

History of this address

1 earlier listing 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 GO1.7 km

Within a 10-minute walk: 1 grocery store, 5 cafés and restaurants, 9 parks, 1 pharmacy. Nearest grocery: Bruno's Fine Foods (750 m). Nearest park: Gapper Park (400 m).

Schools nearby

Elementary

  • Sixteenth Avenue Public School
    EQAO: Gr 6 reading 95%, math 55%
    10 min walk
  • Richmond Hill Montessori Private School Private12 min walk
  • St. Joseph Catholic Elementary School Catholic
    EQAO: Gr 6 reading 100%, math 60%
    14 min walk
  • Bayview Hill Elementary School
    EQAO: Gr 6 reading 95%, math 75%
    14 min walk

Secondary

  • Bayview Secondary School
    EQAO: Gr 9 math 91%, literacy test 95%
    1.9 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 CENTURY 21 MYPRO REALTY.

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

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