47 Milky Way Drive in York: Observatory House for sale (Richmond Hill) : MLS®# N12367248
Searching for houses for sale in Richmond Hill? This vibrant city in York Region offers a perfect mix of suburban peace, modern living, and convenient access to the GTA. Whether you’re a growing family, an investor, or a first-time buyer, Richmond Hill has a variety of homes to match your lifestyle and budget.
Lluxury Living in this Stunning 2 Year New Double Garage Home! Nestled in Sough After Observatory Hill & Back On Green Belt * Close to 4000 sqft plus Unfinished Basement* 10 Ft Ceilings on the Mn Flr & 9 Ft Ceilings on the Other floors Included the Basement *Coffered Ceilings In Living & Dining Rooms* Double Side Firepalce in the Family Room & Office* Upgraded Stained Oak Stairs & Iron Railing throughout All Levels W/ Basement Landing * Upgraded Light Fixtures & Pot Lights* Upgraded Kitchen W/ Wolf 6 Burner Gas Stove and Sub-Zero Fridge, Waterfall Stone Center Island W/ Extra Double Sink for Convergence* Full-height Custom Cabinetry *Heated Flooring in the Master Ensuite * Upgrade Ensuite Bathrm in All the Bdrms* 3rd Level Loft Features Walkout To Rooftop Deck, R/I Wet Bar & 4pc Bthrm* 2nd Floor Laundry Rm W/Big Windows*Above Grade Windows In The Basement * Ideally Located Near T&T Supermarket, Top Rated Schools Including Bayview Secondary Schl W/ IB Program, Jean Vanier Catholic High Schl, Richmond Rose Public Schl, Crosby Heights W/ Gifted Program, Beverley Acres French Immersion, Richmond Hill Montessori, TMS & Holy Trinity Private Schls!! Minutes Away From Yonge St, Hillcrest Mall, Mackenzie Health Hospital, Richmond Hill GO-Station & Hwy 404* This Home Blends Luxury & Convenience.
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
2 1/2 Storey
Approx. Age:
0-5
Total Approx Floor Area:
3500-5000
Depth:
98'6¼"30 m
Frontage:
36'1½"11 m
Direction Faces:
South
Bedrooms:
4+1
Bathrooms:
6.0
Water supply:
Municipal
Kitchens:
1
Bedrooms Above Grade:
4
Bedrooms Below Grade:
1
Kitchens Above Grade:
1
Rooms Above Grade:
9
Rooms Below Grade:
1
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Concrete
Roof:
Asphalt Shingle
Basement:
Full
Fireplace/Stove:
Yes
Garage:
Built-In
Garage Spaces:
2.0
Parking Features:
Private Double
Parking Spaces:
2
Total Parking Spaces:
4.0
Family Room:
Yes
Possession Details:
30-60Days/Tba
Pool:
None
Link:
No
HST Applicable To Sale Price:
Included In
Development Charges Paid:
No
Taxes:
$11,829.01 /
2025
Assessment:
$- /
-
Richmond Hill
Observatory
York
Auto Garage Door Remote, Carpet Free
Backs On Green Belt
Hot Water Tank
Existing Stainless Steel Sub-Zero Fridge , Wolf Gas Stove, B/I Hood Fan and Dishwasher, Microwave and Oven, All Custom Made Window Drapes and Light Fixtures, CAC and CVAC
Data was last updated September 14, 2025 at 05:15 PM (UTC)
Area Statistics
Listings on market:
26
Avg list price:
$2,893,950
Min list price:
$998,000
Max list price:
$3,666,000
Avg days on market:
19
Min days on market:
1
Max days on market:
171
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.
• Great schools, parks, and family-oriented neighbourhoods • Diverse housing styles, detached, semi-detached, and heritage homes • Quick access to Highways 404, 407, and GO Transit • Close to major amenities like Hillcrest Mall and community centres • Safe, clean, and high-demand area in the GTA real estate market
Popular Richmond Hill Neighbourhoods to Explore
• Bayview Hill – Spacious luxury homes and top-ranked schools • Mill Pond – Picturesque area with heritage-style homes • Jefferson – Family-friendly with parks and newer builds • Langstaff – Great for commuters with nearby transit hubs
Each neighbourhood offers its own vibe, from charming village streets to newly built subdivisions with modern amenities.
What to Expect from Richmond Hill Houses
The homes for sale in Richmond Hill often feature:
3 to 5 bedrooms with open floor plans
Renovated kitchens and finished basements
Private yards and garages
Energy-efficient systems and smart home upgrades
Laneway or in-law suite potential in select listings
These properties cater to families, investors, and those looking to upgrade their living space.
Neighbourhood Highlights Around Richmond Hill Homes
Richmond Hill boasts a vibrant cultural scene with:
Arts and Culture: Richmond Hill Centre for the Performing Arts, galleries, and libraries Transit Access: Viva Rapid Transit, Richmond Hill GO Station, and proximity to major highways Recreation: Hiking trails, golf clubs, community pools, and sports facilities Shopping and Dining: Hillcrest Mall, restaurants, and local markets
With its strong community spirit and modern conveniences, Richmond Hill continues to grow as one of the GTA’s most desirable places to live.
Each link provides updated listings and expert insights.
FAQs – Houses for Sale in Richmond Hill
1. What’s the average price of houses in Richmond Hill? Prices typically range from $1.2M for townhomes to over $3M for detached luxury properties, depending on location and size.
2. Are there any new houses being built in Richmond Hill? Yes, several new developments are underway, especially in Oak Ridges and Jefferson. These include modern detached homes and semi-detached properties.
3. Is Richmond Hill a good place to raise a family? Absolutely. Richmond Hill is known for its excellent schools, green spaces, and a low crime rate, making it ideal for families.
4. How competitive is the Richmond Hill real estate market? The market is active, especially for detached and renovated homes. It’s wise to get pre-approved and work with an experienced local agent.