Richmond Hill, ON
121 Milky Way Drive
$2,688,888
Data last updated Nov 1, 2026, 10:50 p.m. ET. By using this site you agree to our Terms of Use.



Property facts
- Price
- $2,688,888
- Type
- Detached
- Bedrooms
- 5
- Bathrooms
- 6
- MLS®
- N13729320
- Status
- active
- Brokerage
- RIGHT AT HOME REALTY
About this home
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.
Location
More details
- Property tax
- $13,148 (2025)
- Days on market
- 64
- Style
- 2 1/2 Storey
- Year built
- 0-5
- Lot
- 44.95 × 98.43 Feet
- Parking
- 5 spaces · 2 garage · Built-In
- Basement
- Finished, Full
- Heating
- Forced Air
- Air conditioning
- Central Air
- Neighbourhood
- Observatory
- Major intersection
- Bayview Ave & 16th Ave
Rooms
| Room | Level | Size (m) | Features |
|---|---|---|---|
| Family Room | Main | 5.65 × 5.54 | hardwood floor, coffered ceiling(s), 2 way fireplace |
| Bedroom 4 | Second | 4.05 × 3.65 | hardwood floor, semi ensuite, b/i closet |
| Loft | Third | 7.3 × 3.03 | hardwood floor, 4 pc bath, w/o to terrace |
| Dining Room | Main | 4.87 × 4.22 | hardwood floor, pot lights, large window |
| Kitchen | Main | 6.56 × 4.36 | double sink, central vacuum, w/o to yard |
| Bedroom 2 | Second | 5.54 × 3.72 | hardwood floor, 4 pc ensuite, walk-in closet(s) |
| Primary Bedroom | Second | 5.49 × 4.58 | hardwood floor, 5 pc ensuite, overlooks ravine |
| Bedroom | Second | 4.28 × 3.68 | hardwood floor, 2 way fireplace, overlooks ravine |
| Bedroom | Basement | 4.27 × 4.17 | laminate, heated floor, above grade window |
| Bedroom 3 | Second | 5.2 × 3.05 | hardwood floor, semi ensuite, b/i closet |
| Library | Main | 3.3 × 3.04 | hardwood floor, sliding doors, large window |
| Recreation | Basement | 10.1 × 5.29 | laminate, heated floor, wet bar |
Details from PropTx (TRREB MLS®) via Repliers. Information deemed reliable but not guaranteed.
About Richmond Hill
Richmond Hill is a city in York Region, north of Toronto. Its communities include Oak Ridges in the north and the historic downtown along Yonge Street.
Richmond Hill market, September 2026
- Median sold price
- $1,087,000
- Avg. days on market
- 35
- Sale-to-list
- 98.5%
130 residential sales. Source: TRREB MLS® data via PropTx. Aggregates only.
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