181 Milky Way Drive
Richmond Hill (Observatory), ON L4C 5H3
- 4+1Bedrooms
- 6Bathrooms
- 2Garage
- 3500–5000Sq Ft
- $13,043Tax
- 45×98 ftLot Size
Estimated Value:$2,523,438See Free Estimate Report
Sale & Price History for 181 Milky Way Drive, Richmond Hill, Observatory
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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About 181 Milky Way Drive, Richmond Hill, Observatory
Summarized Description
- Stunning luxury home in Observatory Hill community.
- Over 4,300 sq ft plus finished basement.
- Gourmet kitchen with premium appliances.
- Spacious third-floor loft with private balcony.
- Luxurious primary suite with spa-inspired ensuite.
- Extensive upgrades totaling approximately $350K.
- Conveniently located near schools and parks.
- Elegant living spaces with designer finishes.
Luxury Living In Richmond Hill's Prestigious Observatory Hill Community! This Stunning Aspen Ridge Araya Model Offers Over 4,300 Sq Ft Above Grade Plus A Professionally Finished Basement. Featuring 4+1 Bedrooms, 6 Bathrooms And A Spacious Third-Floor Loft With Wet Bar, Full Bath And Walk-Out To A Private 280+ Sq Ft Balcony. The Gourmet Kitchen Showcases Custom Cabinetry, Quartz Waterfall Island, Brushed Gold Accents And Premium Sub-Zero, Wolf, Miele And Cove Appliances. Elegant Living Spaces Feature 10 Ft Main Floor Ceilings, 9 Ft Second Floor Ceilings, 10 Ft Ceilings In Three Bedrooms, 7-Inch Hardwood Flooring, Glass Staircase Railings, Designer Ceiling Details, 57 Pot Lights And Two Double-Sided Gas Fireplaces. The Luxurious Primary Suite Offers A Custom Walk-In Closet, Fireplace And Spa-Inspired 5-Piece Ensuite. The Finished Basement Features Heated Floors, Home Theatre, Recreation Area, Lounge And Bar. Additional Highlights Include Premium Window Coverings And Two HVAC Systems With Built-In Humidifiers. Approximately $350K In Builder Upgrades Plus Extensive Owner Improvements. Conveniently Located Near Bayview Secondary School, Parks, Shopping, Restaurants, GO Transit And Highways 404/407. An Exceptional Home Offering Luxury, Space And Comfort In A Prime Location!
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $13,043
- Land Transfer Tax Fee
- $46,197
- Basement Type
- Finished
Interior Features
- Laundry Level
- Upper Level
- Interior Extras
- Carpet Free, ERV/HRV, In-Law Suite
- Security Features
- Monitored
- Fireplace/Stove
- Yes
- Fireplace Features
- Natural Gas, Family Room
- Elevator
- No
Exterior Features
- Exterior Extras
- Landscaped
- Pool
- None
- Property Features
- Fenced Yard, Place Of Worship, Park, School, Public Transit
- Other Structures
- Fence - Full
Building
- Building Type
- Detached
- Building Style
- 3-Storey
Construction
- Exterior Finish
- Brick, Stone
- Roof
- Shingles
- Foundation Details
- Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 44.95 ft
- Lot Depth
- 98.43 ft
Inclusions
- Inclusions
- All Existing Kitchen Appliances, Including Refrigerator, Stove, Range Hood, And Dishwasher; Washer And Dryer; All Existing Electrical Light Fixtures; And All Window Coverings.
Parking & Garages
- Garage Type
- Attached
- Garage Spaces
- 2
- Parking Spaces
- 2
- Total Garage And Parking Spaces
- 4
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 4 + 1
- Washrooms
- 6
- Kitchens
- 1
- Family / bonus room
- Yes
Room sizes
- Breakfast—Main level, Combined w/Kitchen, B/I Bar, W/O To Garden
- Family Room—Main level, Gas Fireplace, Hardwood Floor, Pot Lights
- Office—Main level, Hardwood Floor, Sliding Doors, Large Window
- Bedroom 3—Second level, Hardwood Floor, Semi Ensuite, Large Closet
- Kitchen—Main level, B/I Appliances, Centre Island, Pantry
- Bedroom 4—Second level, Walk-In Closet(s), 4 Pc Ensuite, Hardwood Floor
- Recreation—Third level, Hardwood Floor, W/O To Terrace
- Recreation—Basement level, Laminate, Pot Lights
- Dining Room—Main level, Hardwood Floor, Pot Lights
- Loft—Third level, Hardwood Floor, 4 Pc Bath, Wet Bar
- Recreation—Basement level, Laminate, Pot Lights
- Primary Bedroom—Second level, Walk-In Closet(s), Gas Fireplace, 5 Pc Ensuite
- Bedroom 2—Second level, Hardwood Floor, Semi Ensuite, Large Closet
- Other—Basement level
Washrooms
- 2-piece, Main
- 5-piece, Second
- 4-piece, Second
- 3-piece, Second
- 3-piece, Basement
- Municipality
- Richmond Hill
- Neighbourhood
- Observatory
- Main cross streets
- Bayview Ave & 16th Ave
- Zoning
- R5
- Directions
- Bayview Ave & 16th Ave
- MLS® number
- N13884300
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-10-10
- Updated on
- 2026-10-24
- Days on market
- 15 days
- Possession date
- 2026-10-30
- Possession type
- Flexible
- Co-op commission
- 2.25
- Seller
- Listed by
- RE/MAX EXCEL REALTY LTD.
Home Market Value
Current home valuation for 181 Milky Way Drive, Richmond Hill, Observatory, Richmond Hill, ON. Listed for $2,388,888
HOMEH Estimate
$2,523,438
Estimated Sales Range
$1,993,516 - $3,053,360
HOMEH Estimate for 181 Milky Way Drive, Richmond Hill, Observatory
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
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$477,778
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $0 | $0 | $0 | $0 |
=Total mortgage | $1,911,110 | $1,791,666 | $1,672,222 | $1,552,777 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $9,331monthly | $8,748monthly | $8,165monthly | $7,581monthly |
Land Transfer Tax
$46,197
$46,197
Around this home
No schools found nearby
Data provided by OpenStreetMap & Fraser Institute School Rankings
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