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$2,518,000
For SaleListed 60 days ago

121 Milky Way Drive, Richmond Hill, ONL4C 4L9

Observatory
8
6
3,500–5,000 ft²
Detached4 Parking44.95 × 98.43 ft Lot
Listed by CENTURY 21 LANDUNION REALTY INC.

Monthly Cost

Property Information

Property TypeDetached
Bedrooms8
Bathrooms6
Size3,500–5,000 ft²
Lot Size44.95 × 98.43 ft
BasementFinished, Full
Parking4 parking spaces · Private · Built-In
Property taxes$13,148/yr (2025)
Days on Market60 Days
Listed DateMay 22, 2026
MLS® NumberN13160592

Listing History

Event
Date
Price
Listed
May 22, 2026
$2,518,000

Shows activity for this MLS® listing. Prior listings and sold records appear when available.

Description

Experience refined luxury in this remarkable ravine-backed 5+3 bed 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 kitchen is fully upgraded and built for entertaining, showcasing oversized appliances, 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 5+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.

Location

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School Zones

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About Observatory

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Who lives here

A snapshot of this home’s immediate area — the census dissemination area it sits in.

97%
Homeowners
67%
Households with kids
$103,000
Median income
45
Median age
2.9
Avg. household size
67%
University degree
65%
Newcomers (immigrants)
Age profile1,111 residents
Under 2021%
20–3418%
35–6439%
65+22%

StatCan 2021 Census · this home’s dissemination area (DA 35190455). Values are randomly rounded by Statistics Canada for privacy.

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DistrictIQ Inc., BrokerageMLS® data provided by PropTxUpdated May 22, 2026
Show data source & legal disclosures

Listing data is provided by the Toronto Regional Real Estate Board (TRREB) and PropTx under the Internet Data Exchange (IDX) program. The information is deemed reliable but is not guaranteed accurate by TRREB, PropTx, CREA or DistrictIQ Inc., Brokerage, may not reflect the most current status, and is subject to errors, omissions, prior sale, change, or withdrawal without notice. Listings should be independently verified.

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Sold & closed data

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The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.