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Observatory

$2,858,888

121 Milky Way Drive

Richmond Hill, ON  L4C 4L9

4+2Bedrooms
6Bathrooms
2Parking
Sqft

About This Property

Experience refined luxury in this remarkable ravine-backed 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 chef-inspired kitchen is built for entertaining, showcasing 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 4+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
Style2 1/2 Storey
ConstructionBrick, Stone
BasementFinished, Full
CoolingCentral Air
Lot Size
Beds Above Grade4
Beds Below Grade2
ListedMay 11, 2026

Location

Cross Street

Bayview Ave & 16th Ave

Community

Observatory, Richmond Hill

Postal Code

L4C 4L9

Asking Price

$2,858,888

647-700-7939

Listed by

Ali Arbabi

Ali Arbabi

Sales Representative

RE/MAX Hallmark Realty Ltd.

Information provided by the Toronto Regional Real Estate Board (TRREB). Not intended to solicit buyers or sellers currently under contract. E.&O.E.

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