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121 Milky Way Dr
Richmond Hill, ON L4C 4L9
121 Milky Way Dr, Richmond Hill — Listed at $2,518,000. 8 bedroom, 6 bathroom 2 1/2 Storey Detached. MLS® N13160592.
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Description
Experience refined luxury in this remarkable ravine-backed 5+3 bed estate located in the prestigious Observatory Hill community. Built by Aspen Ridge in 2022, this exceptional residence offers over 6,800 sq ft of finished living space, including 4,303 sq ft above grade plus a professionally finished basement, enhanced in over $300,000 of premium upgrades. Designed with sophistication and functionality in mind, the home features a rare private 4-stop elevator providing seamless access across all levels. The striking stone and brick exterior is complemented by 10 ft ceilings, smooth ceilings throughout, elegant coffered details, stained oak staircases with upgraded iron pickets, and engineered oak hardwood flooring throughout the main and upper floors. The spectacular kitchen is fully upgraded and built for entertaining, showcasing oversized appliances, extended-height cabinetry, quartz countertops and slab backsplash, Hansgrohe fixtures, Wolf gas range, Sub-Zero refrigerator, and a dramatic 17 ft waterfall island with servery. Offering 5+3 spacious bedrooms and 6 beautifully finished bathrooms, this home provides incredible flexibility for family living and guests. The luxurious primary retreat features a spa-inspired ensuite with heated floors and a freestanding soaking tub. A standout feature is the third-floor loft with wet bar and walkout to a private rooftop terrace, overlooking breathtaking ravine views. The professionally finished basement adds a large recreation area, separate den, wet bar, and radiant heated floors. Additional highlights include a high-efficiency HVAC system with smart thermostat, 200-amp electrical service, EV charging rough-in, HRV system, central vacuum, and Tarion warranty coverage. Ideally situated just minutes to Yonge Street, Hillcrest Mall, Mackenzie Health, Richmond Hill GO Station, and Highway 404, this is a rare opportunity to own a truly exceptional luxury residence in one of Richmond Hill's most prestigious communities.
Property Details
Property Insights
Listing Courtesy of: CENTURY 21 LANDUNION REALTY INC.
MLS® #N13160592


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.
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HouseIndex Take: 121 Milky Way Drive
This detached (2 1/2 Storey) is located in the Observatory neighbourhood of Richmond Hill.
The home offers 8+3 bedrooms, 6 bathrooms.
Features include a finished, full basement, 4 parking spaces including a 2-car garage, a fireplace.
Additional details: lot dimensions of 44.95 × 98.43 feet.
Listed at $2,518,000 CAD with annual property taxes of $13,148 (2025). This listing has been on the market for 15 days.
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About Richmond Hill Real Estate
This Detached is located in the Observatory community in Richmond Hill. 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.