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$2,699,000Asking Price

181 Milky Way Drive, Richmond Hill, ON L4C 5H3

Observatory, Richmond Hill

Detached
4 + 1
Bedrooms
6
Baths
4
Parking
Days on Market

Rare Opportunity In Prestigious Observatory Hill! Aspen Ridge Built Araya Model With Loft Offering Over 4,300 Sq Ft Above Grade Plus A Professionally Finished Basement. This Luxury 3-Storey Detached Home Features 4+1 Bedrooms, 6 Bathrooms, 10 Ft Main Floor Ceilings, 9 Ft Second Floor Ceilings With 10 Ft Ceilings In 3 Bedrooms, Upgraded Ceiling Details In The Family Room, Coffered Ceiling In The Primary Bedroom, 8 Ft Second Floor Doors, 7-Inch Premium Hardwood Flooring, Luxury Glass Railing Staircase, 57 Pot Lights, Two Double-Sided Gas Fireplaces, Premium Window Coverings, 2 HVAC Systems With Built-In Humidifiers, And Extensive Designer Upgrades Throughout. Chef's Kitchen Featuring Custom Extended-Height Cabinetry, Extended Quartz Waterfall Island, Quartz Countertops, Brushed Gold Hardware, Chimney Hood Fan, Built-In Sub-Zero, Wolf, Miele And Cove Appliances, Pantry And Breakfast Area With Walk-Out To The Backyard. Spacious Primary Retreat With Gas Fireplace, Pocket Door, Custom Walk-In Closet And 5-Piece Ensuite. Third-Floor Loft With Wet Bar, Custom Cabinetry, 4-Piece Bath And Walk-Out To A Private Balcony Of Over 280 Sq Ft Offers Exceptional Flexible Living Space. Professionally Finished Basement With Heated Flooring, Recreation Area, Home Theatre, Bathroom, Lounge/Bar Area And Ample Storage. Over $500K In Total Improvements, Including Approx. $350K In Premium Builder Upgrades And Approx. $150K Spent By The Current Owner On Basement Finishing And Professional Interlocking At The Front Driveway, Side Yard And Backyard. Conveniently Located Near Bayview Secondary School, Parks, Transit, Shopping, Dining, GO Station, Hwy 404/407 And Everyday Amenities.

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Rare Opportunity In Prestigious Observatory Hill! Aspen Ridge Built Araya Model With Loft Offering Over 4,300 Sq Ft Above Grade Plus A Professionally Finished Basement. This Luxury 3-Storey Detached Home Features 4+1 Bedrooms, 6 Bathrooms, 10 Ft Main Floor Ceilings, 9 Ft Second Floor Ceilings With 10 Ft Ceilings In 3 Bedrooms, Upgraded Ceiling Details In The Family Room, Coffered Ceiling In The Primary Bedroom, 8 Ft Second Floor Doors, 7-Inch Premium Hardwood Flooring, Luxury Glass Railing Staircase, 57 Pot Lights, Two Double-Sided Gas Fireplaces, Premium Window Coverings, 2 HVAC Systems With Built-In Humidifiers, And Extensive Designer Upgrades Throughout. Chef's Kitchen Featuring Custom Extended-Height Cabinetry, Extended Quartz Waterfall Island, Quartz Countertops, Brushed Gold Hardware, Chimney Hood Fan, Built-In Sub-Zero, Wolf, Miele And Cove Appliances, Pantry And Breakfast Area With Walk-Out To The Backyard. Spacious Primary Retreat With Gas Fireplace, Pocket Door, Custom Walk-In Closet And 5-Piece Ensuite. Third-Floor Loft With Wet Bar, Custom Cabinetry, 4-Piece Bath And Walk-Out To A Private Balcony Of Over 280 Sq Ft Offers Exceptional Flexible Living Space. Professionally Finished Basement With Heated Flooring, Recreation Area, Home Theatre, Bathroom, Lounge/Bar Area And Ample Storage. Over $500K In Total Improvements, Including Approx. $350K In Premium Builder Upgrades And Approx. $150K Spent By The Current Owner On Basement Finishing And Professional Interlocking At The Front Driveway, Side Yard And Backyard. Conveniently Located Near Bayview Secondary School, Parks, Transit, Shopping, Dining, GO Station, Hwy 404/407 And Everyday Amenities.

Key Info

  • 3-Storey Detached
  • 2-Car Driveway
  • 2-Car Attached 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 $12,647 in 2025
  • Possession: TBA

Details

  • Fireplace
  • Family Room
  • Sewers
  • Municipal Water
  •  
  • MLS #N13087958
  • SMART SOLD REALTY

Extras

Room Floor Dimensions Details
1 Office Main 10.99' x 9.84' Hardwood Floor, Sliding Doors, Large Window
2 Kitchen Main 15.09' x 21.82' Built-in Appliances, Centre Island, Pantry
3 Breakfast Main 15.09' x 21.82' Combined with Kitchen, Built-in Bar, Walkout To Garden
Washroom1 2-Piece Bathroom on Main Floor
Washroom1 5-Piece Bathroom
Washroom2 4-Piece Bathrooms
Washroom1 3-Piece Bathroom
Washroom1 3-Piece Bathroom

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.

Richmond Hill  (1.3)
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.

Richmond Hill  ($137K)
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

China was once home to 10.9% of immigrants.
Iran 10.4%
Hong Kong 5.8%
Philippines 2.8%
Russia 2.6%

10.9% from China
All-time

Birthplace - Recent

Iran was once home to 2.8% of immigrants.
China 1.9%
Philippines 1.2%
Afghanistan 0.8%
Egypt 0.8%

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%