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Observatory

$2,688,888

121 Milky Way Drive

Richmond Hill, ON  L4C 4L9

5+3Bedrooms
6Bathrooms
3Parking
3500-5000Sqft

About This Property

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.

Property Details

Property TypeResidential Freehold
Style2 1/2 Storey
ConstructionStone, Brick
BasementFinished, Full
CoolingCentral Air
Lot Size
Beds Above Grade5
Beds Below Grade3
ListedAugust 31, 2026

Location

Cross Street

Bayview Ave & 16th Ave

Community

Observatory, Richmond Hill

Postal Code

L4C 4L9

Asking Price

$2,688,888

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.

Ready to Make a Move?

Book Your Private Showing Today

Ali Arbabi is available to arrange a private showing at your convenience. As a top-ranked Richmond Hill agent, he will guide you through every step of the process.

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