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$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.
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
Listing Courtesy of: BAY STREET INTEGRITY REALTY INC.
MLS® #N12809798


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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.
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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.


































