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$2,688,888
For SaleNEW · Listed 2d ago

121 Milky Way Drive, Richmond Hill, ONL4C 4L9

Observatory
8
6
3,500–5,000 ft²
Detached5 Parking44.95 × 98.43 ft Lot
Listed by RIGHT AT HOME REALTY

Assigned school

71% EQAO

Sixteenth Avenue Public School

Childcare

6 centres

0.6 km closest

Development

5 shown

Active applications within 800 m

Block profile

97% owners

$103k median

Small-area Census counts are randomly rounded by Statistics Canada.

Explore this address →

Property Information

Property TypeDetached
Lot Size44.95 × 98.43 ft
BasementFinished, Full
Parking5 parking spaces · Built-In
Property taxes$13,148/yr (2025)
Days on Market2 Days
Listed DateAug 31, 2026
MLS® NumberN13729320

Monthly Cost

Description

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.

Listing History

Event
Date
Price
Listed
Aug 31, 2026
$2,688,888

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

Location

Map showing 121 Milky Way Drive, Richmond Hill, ON L4C 4L9 inside the Sixteenth Avenue Public School attendance boundaryView on Map

School Catchments

School boundaries and eligibility may change. Confirm school eligibility directly with the school board.

All Richmond Hill school catchments

Licensed Childcare Nearby

6 licensed centres nearby · closest 568 m

Licensed Child Care Centre
York Professional Care & Education - St. Joseph'S Children'S Academy
301 Roney Avenue, Richmond Hill
0.6 km
Full day · Before & after school
Operator: York Professional Care & Education Inc.
Licence #0000255·Child Care Centre
Licensed Child Care Centre
Steel Kid'S Day Care - Richmond Hill
105 Weldrick Street, Richmond Hill
0.7 km
Full day · Half day · Before & after school
Licence #14102·Child Care Centre
Licensed Child Care Centre
York Professional Care & Education - The Children'S Academy At 16Th Avenue
400 Sixteenth Avenue, Richmond Hill
0.9 km
Full day · Half day · Before & after school
Operator: York Professional Care & Education Inc.
Licence #19059·Child Care Centre
Licensed Child Care Centre
Reggio Kids Child Care Centre
9785 Bayview Avenue, Richmond Hill
0.9 km
Full day
Operator: Reggio Kids Inc.
Licence #0001899·Child Care Centre
Licensed Child Care Centre
We B Kidz
9272 Bayview Avenue, Richmond Hill
1.1 km
Full day
Operator: We B Kidz Inc
Licence #58544·Child Care Centre
Licensed Child Care Centre
Family Day Care Services - Bayview Hill Child Care Centre - Full Day
81 Strathearn Avenue, Richmond Hill
1.1 km
Full day · After school
Operator: Family Day Care Services
Licence #13293·Child Care Centre

Area Checks

Also checked, nothing flagged at this location: flood hazard mapping, conservation-regulated areas, provincially significant wetlands, the Greenbelt, the Oak Ridges Moraine, the Niagara Escarpment plan, areas of natural and scientific interest, rail corridors, hydro transmission corridors.

Screened against public government mapping at this home’s location — simplified boundaries, not a survey, an appraisal or a legal determination. Confirm anything that matters with the authority named.

About Observatory

View Observatory on Market

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
More about this area
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.

Homes for sale nearby

DistrictIQ Inc., BrokerageMLS® data provided by PropTxUpdated Sep 1, 2026
Data sources & 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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