121 Milky Way Drive in Richmond Hill: Observatory House for sale : MLS®# N12579110
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Situated On A Premium Deep Ravine Lot In Prestigious Observatory Hill, This 2022 Aspen Ridge Luxury Home Offers 6,000+ Sqft Of Finished Living Space (4,303Sqft + 1,726Sqft), A Rare 4-Level Elevator, And Full Privacy Backing Onto Woodlands And The David Dunlap Observatory. Designed With Exceptional Craftsmanship, The Main Level Features Soaring 10 Ft High Ceilings, Elegant Coffered Details, And A True Chef's Kitchen With Sub-Zero Fridge, Wolf Gas Range, An Impressive 17-Ft Waterfall Island, And Servery. The Second Level Includes A Grand Primary Suite With Oversized Walk-In Closet, Seating Area, And Spa-Inspired 5-Pc Ensuite With Heated Floors; A Second Bedroom With Private 4-Pc Ensuite; Plus A 5-Pc Jack & Jill For The Third And Fourth Bedrooms. The Standout Third-Level Loft Offers A Wet Bar, 4-Pc Bath, And Walkout To A Rooftop Terrace Overlooking The Ravine-An Exceptional Space Rarely Offered In This Community. The Professionally Finished Basement Extends The Home With A Second Wet Bar, Large Recreation Areas, And A Den-Ideal For Multi-Generational Living Or Guests. Located In A Coveted Enclave Surrounded By Trails, Greenspace, And Quiet Streets, And Minutes To Yonge St, Hillcrest Mall, Mackenzie Health Hospital, The Richmond Hill GO, And Hwy 404. Close To Highly Regarded Schools Including Bayview SS (IB), Jean Vanier CHS, Richmond Rose PS, Crosby Heights (Gifted), Beverley Acres French Immersion, Lauremont School (Formerly TMS), Holy Trinity, And Richmond Hill Montessori. Ravine Lot, Rooftop Terrace, Elevator, And Aspen Ridge Craftsmanship-Luxury Living At Its Finest.
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
2 1/2 Storey
Approx. Age:
0-5
Total Approx Floor Area:
3500-5000
Lot Depth:
98'6¼"30 m
Lot Frontage:
44'11⅞"13.7 m
Direction Faces:
West
Bedrooms:
4+3
Bathrooms:
6.0
Water supply:
Municipal
Kitchens:
1
Bedrooms Above Grade:
4
Bedrooms Below Grade:
3
Kitchens Above Grade:
1
Rooms Above Grade:
10
Rooms Below Grade:
2
Zoning:
Over 6,000Sqft Living Space
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Poured Concrete
Roof:
Flat
Basement:
Finished, Full
Fireplace/Stove:
Yes
Garage:
Built-In
Garage Spaces:
2.0
Parking Features:
Private
Parking Spaces:
2
Total Parking Spaces:
4.0
Family Room:
Yes
Possession Details:
Tba
Pool:
None
Link:
No
HST Applicable To Sale Price:
Not Subject to HST
Taxes:
$13,148.26 /
2025
Assessment:
$- /
-
York
Richmond Hill
Observatory
Hospital, Park, Public Transit, Rec./Commun.Centre, School, Ravine
ERV/HRV
2 X Furnaces, 2 X Central Ac, Water Softener, Heat Recovery Ventilator (HRV), Wolf Gas Stove, Sub Zero Fridge, Dishwasher, Pot Filler, 2nd Level Washer & Dryer, 4 Level Elevator, 2 X Fireplaces, Hardwood Flooring
Brick, Stone
Yes
Floor
Type
Size
Other
Main
Living Room
19'5.79 m × 18'8"5.69 m
Coffered Ceiling(s), 2 Way Fireplace, Hardwood Floor
Main
Dining Room
16'1"4.90 m × 14'4.27 m
Formal Rm, Large Window, Hardwood Floor
Main
Kitchen
21'9"6.63 m × 15'9"4.80 m
Centre Island, W/O To Yard, Hardwood Floor
Main
Office
10'10"3.30 m × 10'1"3.07 m
Overlooks Frontyard, Separate Room, Hardwood Floor
Data was last updated November 26, 2025 at 08:15 PM (UTC)
Area Statistics
Listings on market:
20
Avg list price:
$2,855,000
Min list price:
$998,000
Max list price:
$3,666,000
Avg days on market:
46
Min days on market:
7
Max days on market:
131
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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