121 Milky Way Drive

Richmond Hill, ON L4C 4L9 • Observatory
$2,678,888
For Sale $46,888 (1.8%)

Property Type
Detached
MLS® Numbers
N14172794
Listing Brokerage
RIGHT AT HOME REALTY

Bedrooms
5 + 3 Beds
Bathrooms
6 Baths
Size
3500-5000 sqft
Total Parking Spaces
5 (2 Garage)
Lot Size
13.7 x 30 Metres

Description

Rare opportunity to own a nearly new, extensively upgraded luxury detached home in the prestigious David Dunlap Observatory neighbourhood. With a gorgeous 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.

With a 20% down payment of $535,778, your estimated payment is:

$12,270/mo

Based on a 5-year fixed rate of 4.84% from RBC Royal Bank — the same rate the calculator below starts with.

Listing History

Listing history of 121 Milky Way Drive over time.

12 Nov 2026
Brokerage - RIGHT AT HOME REALTY
Start
2026-11-12
End
2026-11-12
Price
$2,678,888
Status
Active
Listing ID
N14172794
10 Nov 2026
Brokerage - RIGHT AT HOME REALTY
Start
2026-08-31
End
2026-11-10
Price
$2,688,888
Status
Terminated
Listing ID
N13729320
22 Aug 2026
Brokerage - CENTURY 21 LANDUNION REALTY INC.
Start
2026-05-22
End
2026-08-22
Price
$2,518,000
Status
Expired
Listing ID
N13160592
21 May 2026
Brokerage - CENTURY 21 LANDUNION REALTY INC.
Start
2026-05-11
End
2026-05-21
Price
$2,858,888
Status
Terminated
Listing ID
N13113664
07 May 2026
Brokerage - EXP REALTY
Start
2026-03-07
End
2026-05-07
Price
$2,850,000
Status
Expired
Listing ID
N12858652
10 Mar 2026
Brokerage - EXP REALTY
Start
2026-02-13
End
2026-03-10
Price
$3,200,000
Status
Terminated
Listing ID
N12786944
30 Jan 2026
Brokerage - KAMALI GROUP REALTY
Start
2025-11-26
End
2026-01-30
Price
$3,150,000
Status
Terminated
Listing ID
N12579110
25 Nov 2025
Brokerage - KAMALI GROUP REALTY
Start
2025-09-17
End
2025-11-25
Price
$3,150,000
Status
Terminated
Listing ID
N12409217
16 Sep 2025
Brokerage - KAMALI GROUP REALTY
Start
2025-07-02
End
2025-09-16
Price
$3,300,000
Status
Terminated
Listing ID
N12257978

Features & Details

Explore the comprehensive details and unique features that make this property special.

Municipality
Richmond Hill
Community
Observatory
Property Type
Detached
Style
2 1/2 Storey
Bedrooms
5 + 3 Beds
Bathrooms
6 Baths
Property Tax
$13,148.00
Building Age
0-5
Size
3500-5000 sqft
Construction
Brick, Stone
Lot Size
13.7 x 30 Metres
Frontage
13.7
Depth
30
Lot Size Code
Metres
Cross Street
Bayview Ave & 16th Ave
Basement Info
Finished, Full
Total Parking Spaces
5 (2 Garage)
Sewer
Sewer
MLS® Number
N14172794
List Date
11/12/2026
Days on Market
0
Status
New
Heating
Forced Air
Cooling
Central Air
Family Room
Yes
Central Vac
Yes
Kitchens
1
Total Rooms
10 + 2
Elevator
Yes
Foundation
Poured Concrete
Square Footage
3500-5000
Exterior Const.
Brick, Stone
Roof Material
Flat
Swimming Pool
None
View
Forest, Trees/Woods
Legal Description
LOT 374, PLAN 65M4547 SUBJECT TO AN EASEMENT FOR ENTRY AS IN YR3496380 CITY OF RICHMOND HILL
Garage Type
Attached
Garage Spaces
2
Parking Spaces
5

Neighborhood demographics

Explore local context, amenities, and market signals around this property.

Location on Map

Explore the neighborhood and see exactly where this property is located.

Nearby Schools

Schools serving this address, closest first. Scores are the Repliers rating out of 10.

Score is based on Repliers Rating (0-10)
Address: 189 Weldrick Rd E, Richmond Hill, ON L4C 1T2, Canada
Phone: 905-508-2228
Grades: PK, K, 1, 2, 3, 4, 5, 6, 7, 8
Board: N/A
Address: 301 Roney Ave, Richmond Hill, ON L4C 2H4, Canada
Phone: 905-884-5077
Grades: PK, K, 1, 2, 3, 4, 5, 6, 7, 8
Board: York CDSB
Address: 9711 Bayview Ave, Richmond Hill, ON L4C 9X7, Canada
Phone: 905-770-4055
Grades: K, 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12
Board: N/A
Address: 400 16th Ave, Richmond Hill, ON L4C 7A9, Canada
Phone: 905-884-5598
Grades: PK, K, 1, 2, 3, 4, 5, 6, 7, 8
Board: York Region DSB
Address: 265 16th Ave, Richmond Hill, ON L4C 7A6, Canada
Phone: 905-889-2121
Grades: PK, K, 1, 2, 3
Board: N/A
Address: 9555 Yonge St, Richmond Hill, ON L4C 9M5, Canada
Phone: 905-787-9720
Grades: 9, 10, 11, 12
Board: N/A
Address: 10077 Bayview Ave, Richmond Hill, ON L4C 2L4, Canada
Phone: 905-884-4453
Grades: 9, 10, 11, 12
Board: York Region DSB
Address: 10030 Yonge St, Richmond Hill, ON L4C 1T8, Canada
Phone: 416-302-4085
Grades: K, 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12
Board: N/A
Address: 51 Wright St, Richmond Hill, ON L4C 4A2, Canada
Phone: 905-508-2516
Grades: 9, 10, 11, 12, 7, 8
Board: CS Viamonde
Address: 68 Queens College Dr, Richmond Hill, ON L4B 1X3, Canada
Phone: 905-709-3554
Grades: 2, 3, 4, 5, 6, 7, 8, 1
Board: York Region DSB
Address: 10475 Bayview Ave, Richmond Hill, ON L4C 3P2, Canada
Phone: 905-770-8656
Grades: 9, 10, 11, 12
Board: York CDSB
Address: 11160 Yonge St, Richmond Hill, ON L4S 1K9, Canada
Phone: 905-884-3434
Grades: 9, 10, 11, 12
Board: York Region DSB
Address: 160 Dudley Ave, Thornhill, ON L3T 2E6, Canada
Phone: 416-836-2727
Grades: 1, 2, 3, 4, 5, 6, 7, 8, PK, K
Board: N/A
Address: 211 Steeles Ave E, North York, ON M2M 2X1, Canada
Phone: 416-393-5508
Grades: 9, 10, 11, 12
Board: Toronto CDSB
Address: 3378 Bayview Ave, North York, ON M2M 3S4, Canada
Phone: 416-393-5516
Grades: 9, 10, 11, 12
Board: Toronto CDSB
Address: 79 Avro Rd, Vaughan, ON L6A, Canada
Phone: 905-832-3153
Grades: PK, K, 1, 2, 3, 4, 5, 6
Board: CS catholique MonAvenir
Address: 700 Bloomington Rd, Richmond Hill, ON L4E 4S1, Canada
Phone: 905-727-4631
Grades: 9, 10, 11, 12, 7, 8
Board: CS catholique MonAvenir
Address: 2480 15th Sideroad, King City, ON L7B 1A4, Canada
Phone: 905-833-1909
Grades: 9, 10, 11, 12, 4, 5, 6, 7, 8
Board: N/A
Nearby Parks

Green space, playgrounds and recreation within easy reach of this property.

Facilities: Basketball Court, Playground
Facilities: Playground
Facilities: Basketball Court
Facilities: Soccer Field, Playground
Facilities: Soccer Field, Soccer Field, Playground
Facilities: Ball Diamond, Basketball Court, Soccer Field, Playground
Facilities: Trails
Facilities: Arena, Indoor Rink, Playground, Trails
Facilities: Playground
Facilities: Picnic Facilities, Playground
Facilities: Basketball Court, Playground
Facilities: Playground
Facilities: Playground
Facilities: Trails, Playground, Splash Pad, Basketball Court, Picnic Facilities
Facilities: Ball Diamond, Soccer Field, Playground, Sports Field, Multi-Use Pad, Basketball Court, Basketball Court
Facilities: Picnic Facilities
Facilities: Ball Diamond, Basketball Court, Community Rec. Centre, Fitness/Weight Room, Gym, Indoor Pool, Soccer Field, Tennis Court, Tennis Court, Tennis Court, Tennis Court, Tennis Court, Trails, Wading Pool
Facilities: Playground
Facilities: Basketball Court, Basketball Court, Trails, Playground
Facilities: Basketball Court, Playground
Facilities: Fitness/Leisure Centre, Indoor Pool, Playground, Sauna, Wading Pool
Facilities: Arena, Ball Diamond, Indoor Rink, Indoor Rink, Picnic Facilities, Tennis Court, Tennis Court, Tennis Court
Safety Zones

Police, fire and emergency services nearest to this address.

Address: 171 Major Mackenzie Drive West, Richmond Hill, ON L4C
Address: 191 Major Mackenzie Drive West, Richmond Hill, ON L4C
Address: 10 Trench St, Richmond Hill, ON, L4C 4Z3, Canada
Phone: 905-883-1212
Transit Stops

Bus, subway and rail stops nearby, ordered by walking distance.

0 mins
0.40 km
0 mins
0.42 km
0 mins
0.52 km
0 mins
0.54 km
0 mins
0.55 km
0 mins
0.57 km
0 mins
0.59 km
0 mins
0.62 km
0 mins
0.63 km
0 mins
0.66 km
0 mins
0.67 km
0 mins
0.68 km
0 mins
0.70 km
0 mins
0.73 km
Richmond Hill GO
Transit Stop
15 mins
1.28 km
Average Sold Price by Property Type

This pie chart visualizes the average market value for different property categories (e.g., Detached, Condo, Townhouse) in this area. Each slice represents a property type, and the size of the slice corresponds to its average sold price relative to the others. Use this to quickly identify which property types command premium prices versus more affordable options. If the chart is dominated by one large slice, it indicates a significant price gap between that luxury property type and the rest of the market.

Total Market Avg: -

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List Price Distribution

Comparison of listing prices over time. Each bar represents the average list price for that month. Use this chart to understand how the market's average asking price has trended recently. Each bar represents a price range, and the height indicates how many active listings fall within that range. Use this to see if this property's asking price is competitive, above, or below the market average. A higher concentration of bars around the current property's price suggests it's priced in line with comparable listings.

Total Market Avg: -

Median Sold Price & Days On Market

This chart reveals market trends by combining two key metrics: The red line shows the median sold price per month, indicating whether property values are rising or falling over time. The green bars represent the average number of days properties stayed on the market before selling. Shorter bars indicate a hot market where properties sell quickly, while taller bars suggest a slower market. Together, these help you understand market momentum and pricing power.

Overall Median: -
Avg Days: -

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