$3,200,000Asking Price
121 Milky Way Drive, Richmond Hill, ON L4C 4L9
Observatory, Richmond Hill
Welcome To An Extraordinary Estate Backing Onto A Ravine In Prestigious Observatory Hill. A 2022 Aspen Ridge Masterpiece Offering Over 6,800 Square Feet Of Living Space, Including 4,303 Square Feet Above Grade Per MPAC Plus 2,276 Square Feet Of Finished Basement. Approximately $300,000 in premium upgrades and renovations. Complete With A Rare Four Level Elevator, Offering Effortless Elegance And Convenience Throughout The Home. Framed By Distinctive Stone And Brick Exteriors And An Architecturally Controlled Streetscape, This Residence Showcases Soaring 10 Foot Ceilings, Smooth Ceilings Throughout, Elegant Coffered Detailing, Stained Oak Staircases With Upgraded Pickets, And Engineered Oak Hardwood Flooring Across The Main And Upper Levels . The Chef Inspired Kitchen Is A Masterpiece Of Sophisticated Design, Appointed With Extended Height Cabinetry, Premium Quartz Countertops And A Quartz Slab Backsplash, Stainless Steel Undermount Sinks, Hansgrohe Faucets, A Wolf Gas Range And Sub Zero Fridge (2022), Plus A Dramatic 17 Foot Waterfall Island And Servery. Boasting 4 Plus 3 Lavishly Appointed Bedrooms And 6 Beautifully Designed Bathrooms Across All Levels. The Home Offers A Lavish Primary Retreat With Heated Ensuite Floors And A Freestanding Tub. A Stunning Third Level Loft Complete With A Wet Bar And Walkout To A Private Rooftop Terrace With Breathtaking Ravine Views. The Finished Basement Elevates Entertaining With A Recreation Area, Separate Den, Wet Bar And Radiant Heated Slab. Enhanced By A High Efficiency Heating System With Smart Thermostat, 200 Amp Electrical Service, Rough In For EV Charging, Central Vacuum, HRV System, And Tarion Backed Structural Warranty. Located in a coveted enclave surrounded by scenic trails, lush greenspace, minutes from Yonge Street, Hillcrest Mall, Mackenzie Health Hospital, Richmond Hill GO Station, and Highway 404.
Welcome To An Extraordinary Estate Backing Onto A Ravine In Prestigious Observatory Hill. A 2022 Aspen Ridge Masterpiece Offering Over 6,800 Square Feet Of Living Space, Including 4,303 Square Feet Above Grade Per MPAC Plus 2,276 Square Feet Of Finished Basement. Approximately $300,000 in premium upgrades and renovations. Complete With A Rare Four Level Elevator, Offering Effortless Elegance And Convenience Throughout The Home. Framed By Distinctive Stone And Brick Exteriors And An Architecturally Controlled Streetscape, This Residence Showcases Soaring 10 Foot Ceilings, Smooth Ceilings Throughout, Elegant Coffered Detailing, Stained Oak Staircases With Upgraded Pickets, And Engineered Oak Hardwood Flooring Across The Main And Upper Levels . The Chef Inspired Kitchen Is A Masterpiece Of Sophisticated Design, Appointed With Extended Height Cabinetry, Premium Quartz Countertops And A Quartz Slab Backsplash, Stainless Steel Undermount Sinks, Hansgrohe Faucets, A Wolf Gas Range And Sub Zero Fridge (2022), Plus A Dramatic 17 Foot Waterfall Island And Servery. Boasting 4 Plus 3 Lavishly Appointed Bedrooms And 6 Beautifully Designed Bathrooms Across All Levels. The Home Offers A Lavish Primary Retreat With Heated Ensuite Floors And A Freestanding Tub. A Stunning Third Level Loft Complete With A Wet Bar And Walkout To A Private Rooftop Terrace With Breathtaking Ravine Views. The Finished Basement Elevates Entertaining With A Recreation Area, Separate Den, Wet Bar And Radiant Heated Slab. Enhanced By A High Efficiency Heating System With Smart Thermostat, 200 Amp Electrical Service, Rough In For EV Charging, Central Vacuum, HRV System, And Tarion Backed Structural Warranty. Located in a coveted enclave surrounded by scenic trails, lush greenspace, minutes from Yonge Street, Hillcrest Mall, Mackenzie Health Hospital, Richmond Hill GO Station, and Highway 404.
See MoreKey Info
- 2.5-Storey Detached
- 2-Car Driveway
- 2-Car Built-In Garage
- Bayview Ave & 16th Ave
- 3500-5000 Approximate Sq Feet
- Finished Basement
- 1 Kitchen
- Forced Air Gas Heating
- Central Air
Property
- Lot Size 44.95 x 98.43 Feet
- Brick/Stone Exterior
- Taxes were $13,148 in 2025
- Possession: TBA
Details
- Fireplace
- Family Room
- Central Vacuum
- Sewers
- Municipal Water
- MLS #N12786944
- EXP REALTY
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Library | Main | 10.83' x 9.97' | Hardwood Floor, Sliding Doors, Large Window |
| 2 | Kitchen | Main | 21.52' x 14.30' | Hardwood Floor, Centre Island, Walkout To Yard |
 | 1 4-Piece Bathroom | |||
| 2 5-Piece Bathrooms | |||
| 1 4-Piece Bathroom | |||
| 1 2-Piece Bathroom on Main Floor | |||
| 1 3-Piece Bathroom | |||
How Far is Too Far?
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Who lives here?
Observatory, Richmond Hill is a north GTA neighbourhood notable for its singles, renters, salespeople and tradespeople. It has a higher than average population of immigrants, particularly those from Iran, and Persian and Russian speakers. Residents tend to be older with a significant number of adults aged 25 to 39 and 25 to 39 and seniors aged 65 to 74.
Families
Kids Per Family
1.2
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
45%
of residents are
single and loving it.
45% singles
Richmond Hill (39%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
33%
of residents
are renters.
33% renters
Richmond Hill (19%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
49%
of residents are
university grads.
49% university grads
Richmond Hill (54%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$100K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 15% |
| Business | 11% |
| Sciences | 8% |
| Management | 6% |
| Government | 6% |
Immigrants
63%
of residents were
born outside of Canada.
63% immigrants
Richmond Hill (59%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
10.9% from China
All-time
Birthplace - Recent
2.8% from Iran
Recent
Foreign Languages
Foreign Languages
| Persian | 12% |
| Cantonese | 10% |
| Russian | 9% |
| Mandarin | 8% |
| Arabic | 3% |
Religions
Religions
| Christian | 51% |
| Muslim | 12% |
| Jewish | 4% |
| Buddhist | 2% |
| Sikh | 2% |
