121 Milky Way Drive, Richmond Hill
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. (id:1945)
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Property details for 121 Milky Way Drive, Richmond Hill
- Type
- Residential
- Bedrooms
- 8
- Bathrooms
- 6
- Lot Size
- 45 x 98.4 FT
- Stories
- 2.5
- Basement
- Finished, Full
- Parking
- Garage
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Exterior
- Brick, Stone
- Ownership
- Freehold
- Annual Taxes
- $13,148
Nearby Listings Stat
Estimated price and comparable properties near 121 Milky Way Drive
Active Listings
2
Min Price
$2,688,888
Max Price
$2,999,888
Avg Price
$2,844,388
Days on Market
24
days
Sold Listings
1
Min Sold Price
$2,999,888
Max Sold Price
$2,999,888
Avg Sold Price
$2,999,888
Days until Sold
244
days
Price History
Listed
August 31, 2026
by RIGHT AT HOME REALTY
Current Price
$2,688,888
-5.9% from last change
Type
Residential
For Sale
Price Changes
2
| Date | Price | Change |
|---|---|---|
| Current | $2,688,888 | $170,000 (-5.9%) |
| Aug 31, 2026 | $2,858,888 | $291,112 (-9.2%) |
| May 11, 2026 | $3,150,000 | Listed |