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Detached for sale at 118 Milky Way Drive, Richmond Hill - 4 bedroom, 5 bathroom - Photo 1 of 35
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Sold

$2,399,000

118 Milky Way Dr

Richmond Hill, ON L4C 4M8

118 Milky Way Dr, Richmond Hill — Sold for $2,399,000. 4 bedroom, 5 bathroom 2-Storey Detached. MLS® N12809798.

4Beds
5Baths
3000-3500sqft
Detached
2-Storey
6Parking
$10,127Taxes/yr · 2026
See similar homes in this price range

Description

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 , 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 & doors 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, and direct walk-out access to the backyard. The basement is further enhanced with in-floor heating, providing added comfort throughout the space.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 Details

Property TypeDetached
Style2-Storey
CommunityObservatory
Rooms13
Kitchens1
Washrooms5
Square Feet3000-3500 sqft
Lot Dimensions36.12 × 98.52 ft
Fronting OnEast
Dir/Cross StBayview / 16th Ave
Garage TypeBuilt-In
Garage Parking Spaces2
Parking Drive Spaces4
Total Parking Spaces6
ExteriorStone
RoofAsphalt Shingle
FoundationConcrete
BasementFinished with Walk-Out, Walk-Out
Fireplace FeaturesYes
Heating TypeForced Air
Heating SourceGas
A/CCentral Air
SewersSewer
Taxes (2026)$10,127
HSTIncluded In
Listed Date2/22/2026
Days on Market264 days
Possession60/90/TBD

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Listing Courtesy of: BAY STREET INTEGRITY REALTY INC.

MLS® #N12809798

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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HouseIndex Take: 118 Milky Way Drive

This detached (2-Storey) is located in the Observatory neighbourhood of Richmond Hill.

The home offers 4 bedrooms, 5 bathrooms.

Features include a finished with walk-out, walk-out basement, 6 parking spaces including a 2-car garage, a fireplace.

Additional details: lot dimensions of 36.12 × 98.52 feet.

This property has been sold. Annual property taxes were $10,127 (2026). Sign in to view the sold price.

About Richmond Hill Real Estate

This Detached in the Observatory community in Richmond Hill has been sold. Richmond Hill sits at the heart of York Region, offering a mix of estate homes, townhome communities, and new condo developments along Yonge Street. The city is well-served by the Richmond Hill GO line and Viva BRT. David Dunlap Observatory lands provide green space, while the Yonge/16th corridor is evolving into a vibrant urban centre. Detached homes in Richmond Hill are in high demand among families seeking space, privacy, and long-term equity growth. Reviewing sold prices in the area helps buyers and sellers understand current market values.

Richmond Hill GO stationYonge Street corridor revitalizationHillcrest Mall & shopping districtsDavid Dunlap Observatory green space
~45 min commute to downtown TorontoWalkability: Moderate — best along Yonge Street corridor
View full Richmond Hill neighbourhood guide →