118 Milky Way Drive in Richmond Hill: Observatory House for sale : MLS®# N12809798
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Rare opportunity to own a nearly new, extensively upgraded luxury detached home with a WALK-OUT basement in the prestigious David Dunlap Observatory neighbourhood. Offering approximately 4,000 sq.ft. of total living space, including a professionally finished walk-out basement, this less-than-three-year-old residence features over $300,000 in builder and post-closing enhancements, delivering a true turnkey lifestyle rarely found among comparable homes.Thoughtfully designed with quality finishes and custom built-ins throughout, the home showcases hardwood flooring across the above-ground levels and extensive custom cabinetry, including a built-in media wall, designer beverage and wine display cabinetry, custom closet systems throughout (including the mudroom walk-in closet), integrated mudroom and laundry room storage, and a built-in wet bar, all complemented by premium soft-close cabinetry systems.The chef-inspired kitchen is ideal for everyday living and entertaining, featuring upgraded cabinetry, soft-close drawers and doors, a black stainless steel sink, Brizo faucet, and high-end built-in stainless steel appliances.The professionally finished basement (Fall 2025) offers large above-grade windows, abundant natural light, an open-concept layout with wet bar, full in-floor heating, and direct walk-out access to the backyard.Exterior improvements completed in Summer 2025 include professionally finished backyard and side stair interlocking. Zoned for top-ranked schools including Bayview Secondary School and conveniently located minutes to Hwy 404 & 407, Hillcrest Mall, restaurants, parks, and everyday amenities.A rare opportunity to own a meticulously upgraded home in one of Richmond Hill's most sought-after family communities.
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
2-Storey
Total Approx Floor Area:
2500-3000
Lot Depth:
98'6¼"30 m
Lot Frontage:
36'1½"11 m
Direction Faces:
East
Bedrooms:
4
Bathrooms:
5.0
Water supply:
Municipal
Kitchens:
1
Bedrooms Above Grade:
4
Kitchens Above Grade:
1
Rooms Above Grade:
13
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Concrete
Roof:
Asphalt Shingle
Basement:
Finished with Walk-Out, Walk-Out
Fireplace/Stove:
Yes
Garage:
Built-In
Garage Spaces:
2.0
Parking Spaces:
4
Total Parking Spaces:
6.0
Family Room:
Yes
Possession Details:
60/90/TBD
Pool:
None
Link:
No
HST Applicable To Sale Price:
Included In
Taxes:
$10,127 /
2026
Assessment:
$- /
-
York
Richmond Hill
Observatory
Auto Garage Door Remote, Built-In Oven, Carpet Free, Central Vacuum, Countertop Range, ERV/HRV, Ventilation System, Water Purifier, Water Softener
Hot Water Tank
Fridge, Gas Stove, Oven, Range Hood, Dishwasher, Microwave, Washer, Dryer, Existing ELFs & Pot Lights, Furance, A/C, HRV ,Central Vacuum System, Kitchen Water Purifier, Water Softener, Garage Door Remote Opener, Smart Front Door Lock
Listed by BAY STREET INTEGRITY REALTY INC. and RE/MAX REALTRON REALTY INC.
Data was last updated February 22, 2026 at 02:15 PM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$2,143,000
Min list price:
$1,159,000
Max list price:
$3,666,000
Avg days on market:
39
Min days on market:
7
Max days on market:
196
These statistics are generated based on the current listing's property type
and located in
Observatory. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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