121 Milky Way Drive
Observatory, Richmond Hill, L4C 4L9
FOR SALE
$2,518,000

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5 + 3
BEDROOMS6
BATHROOMS1
KITCHENS10 + 2
ROOMSN13160592
MLSIDContact Us
Property 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.
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Nearby Intersections
Property Features
Fenced Yard, Park, Ravine, School, Rec./Commun.Centre, Carpet Free, Central Vacuum, Auto Garage Door Remote, ERV/HRV, Water Softener, Private, Family Room, Natural Gas, Elevator
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Property Details
Address
121 Milky Way Drive
Community
City
Postal Code
L4C 4L9
Property Type
Detached, Detached
Lot Size
45' x 98'
Taxes
$13,148 (2025
Basement
Finished, Full
Exterior
Patio
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
2
Garage Type
Built-In
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Listing contracted with Century 21 Landunion Realty Inc.
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R E N O V A T E D ~ L U X U R Y H O M E ~ O N A Q U I E T C O U R T ~ W I T H ~ $$$ ~ I N C O M E P O T E N T I A L ~ $$$ ~Stunning residence set on a premium 58 feet frontage lot with a deep setback, offering exceptional privacy and low-maintenance interlocking throughout. Featuring hardwood flooring throughout, a beautifully renovated gourmet kitchen with granite countertops, 4+2 bedrooms, and 5 well-appointed bathrooms, this home seamlessly blends elegance with modern comfort.The main floor showcases formal living and dining rooms, a bright open-concept family room, and a private office-ideal for today's lifestyle. Upstairs, spacious bedrooms provide comfort and functionality for the entire family.The huge primary retreat features a sitting area, custom cabinetry in the walk-in closet, and a spa-inspired ensuite designed for ultimate comfort and relaxation.Professionally finished basement with city-approved walk-out offers outstanding versatility, featuring a large recreation room, full second kitchen, 2 bedrooms, a full bathroom, a second laundry set, and a separate entrance-perfect for extended family or income potential.A large extended patio off the breakfast area creates a seamless transition to outdoor living-ideal for relaxing or entertaining. The professionally landscaped backyard features full interlocking in both front and rear yards for beauty and ease of maintenance.Located just steps to Bathurst and minutes to Yonge Street, with top-rated schools, shopping, dining, and recreational amenities nearby.This impeccable residence combines luxury, lifestyle, and location.SELLER MAKES NO REPRESENTATION OR WARRANTY REGARDING BASEMENT RETROFIT STATUS.
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