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43.73° N · 79.40° W — Toronto & nearby · 9,729 homes for sale today43.73° N · 79.40° W — 9,729 homes today(647) 554-7436Saved

43.8653° N · 79.4161° W — Observatory, Richmond Hill — MLS® #N13874004

164 Milky Way Dr

$2,700,000

Observatory, Richmond Hill, Ontario L4C 4Y3

4+1
BedroomsBeds
6
BathroomsBaths
3500-5000 sqft3500-5000
SizeSq ft
44.95 x 98.52 ft
Lot sizeLot

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In short · from the listing record

164 Milky Way Dr is a 4+1-bedroom, 6-bathroom detached house in Observatory, Richmond Hill, listed for sale at an asking price of $2,700,000 (MLS® N13874004).

Luxury three-storey detached home in Richmond Hill's sought-after Observatory Hill! Offering over 6,000 sq. ft., including the unfinished basement, this south-facing property features a rare three-car garage, two driveway spaces and no sidewalk. Four spacious bedrooms each offer a private ensuite. Highlights include 10-ft main-floor ceilings, hardwood throughout, a main-floor office, second-floor laundry and a family room with waffle ceiling and gas fireplace. The upgraded kitchen features premium Wolf, Sub-Zero and Asko appliances, a generous breakfast area and backyard walkout. A versatile third-floor loft and expansive unfinished basement offer endless possibilities. Interlocked driveway and backyard. Close to parks, schools, GO Transit, Highways 404/407, shopping and dining.

Listing readings

How it measures up

Scores from the listing record and the market around it.

  • 73Good

    Condition score

    1 documented update signal

    Listing age, structured features and disclosed update language; not an inspection.

  • 5Shortfall

    Cash flow quality

    −$8,656/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Median of 22 detached homes with 5 bedrooms for lease in Richmond Hill right now. Cost of owning counts the mortgage and property tax.

Condition uses listing-record signals, not an inspection.

The data table

Every fact

Everything the board publishes for this home.

Tax
$13,060 / 2025
MLS® number
N13874004
Board
TRREB MLS®
Property Type
Detached
Building Age
6-15
Time on market
Size
3500-5000 sqft
Lot Size
44.95 x 98.52 ft
Listed on
Parking
3 Built-In, 5 Parking

Listing history

Listing activity for 164 Milky Way Dr, Richmond Hill, Ontario

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$2,700,000N/AFor SaleN13874004

Inside

Room by room

From the listing.

Main4 rooms
  • Family4.06 × 5.9 mhardwood floor, Fireplace
  • Dining4.8 × 4.94 mHardwood Floor
  • Office2.7 × 3.34 mHardwood Floor
  • Kitchen4.53 × 7.15 mPorcelain Floor
2nd4 rooms
  • Primary5.32 × 5.47 mHardwood Floor
  • 2nd Br4.15 × 4.85 mHardwood Floor
  • 3rd Br4.16 × 4.99 mHardwood Floor
  • 4th Br3.83 × 4.25 mHardwood Floor
3rd2 rooms
  • Loft4.12 × 4.72 m
  • Common Rm3.75 × 7.61 mHardwood Floor

Property

Property Type
Detached
Style
2 1/2 Storey
Community
Observatory
Municipality
Richmond Hill

Building

Size
3500-5000 sqft
Building Age
6-15
Construction
Brick

Inside

Bedrooms
4+1
Bathrooms
6
Bathroom Details
1 × 3pc 3rd, 1 × 5pc 2nd, 3 × 3pc 2nd, 1 × 2pc Main
Basement Type
Partly Finished
Kitchens
1

Parking

Driveway
Pvt Double
Garage Type
Built-In
Garage
3
Additional Parking
2
Total Parking
5

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
44.95 ft
Depth
98.52 ft
Lot Size
44.95 x 98.52 ft

Where it sits

The street and the area

Asking prices on the map.

Map and tour

Transit nearby

StationLinesDistance
Richmond Hill GOGO Transit train: Richmond Hill1.3 km
Yonge / WeldrickYRT bus rapid transit: Viva Blue1.6 km
Yonge / Major MackenzieYRT bus rapid transit: Viva Blue1.7 km
Yonge / 16th-CarrvilleYRT bus rapid transit: Viva Blue1.9 km
Yonge / Bantry-ScottYRT bus rapid transit: Viva Blue2.4 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; YRT schedule data (GTFS) from York Region Transit under the YRT Open Data Licence 2.0, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Contains public transit Information made available under YRT's Open Data Licence.

Around it

Detached in Observatory

Active listings only, today.

Detached homes for sale in Observatory right now

For sale now
14
Median asking price
$1.88M

Middle half: $1.62M to $2.7M

New in 7 days
1

4 in 28 days

Price cuts
0%

0 listings

This home is asking 44% above the median, higher than three quarters of them.

See all homes in Observatory

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Site report

What the record says

What the City and the conservation authority have on file for this address.

  • ca regulatedNone in rangeNot in Toronto and Region Conservation Authority’s mapped regulated area
  • provincial plansNone in rangeOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
  • wetlandNone in rangeNo mapped wetland within 120 m
  • aggregateNone in rangeNo licensed pit or quarry within 2 km
  • wellsNone in rangeNo recorded oil, gas or salt well within 250 m
  • railOn recordNearest rail line: 770 m
  • airportOn recordNearest airport: 3.3 km
  • water wellsNone in rangeNo water-supply well recorded within 250 m 5 test or monitoring holes also recorded.
  • groundwaterOn recordGroundwater recorded about 4.9 m below ground nearby The middle water level in the well records within 500 m (33 records). It changes with the season and from spot to spot.
  • npriNone in rangeNo facility within 1 km reports pollutant releases to Environment Canada The nearest is Envirogard Products Limited — Envirogard Products Limitied, 1.2 km away. Only facilities above the inventory’s reporting thresholds are listed.
  • fcsiNone in rangeNo federal contaminated site within 1 km The federal inventory covers federal land only; it says nothing about provincial or private sites.
  • electricityOn recordElectricity is distributed here by Alectra Utilities Corporation
  • internet speedOn recordWired internet 50/10 Mbps or faster is listed at this location Fixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
  • broadbandOn recordAcross the surrounding area: fibre to the home, cable, DSL internet listed Fibre to the home: Bell, Dotto One, Rogers, telMAX. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Dash Networks, Rogers, Routcom, Vianet. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.

Each record is the map at the home’s location, not an inspection. Confirm anything that matters with the municipality, Toronto and Region Conservation Authority or the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.

Lot

Lot area
4,428 sq ft411 m²
Street frontage
44.95 ft13.7 m
Depth
98.52 ft30 m
44.95 × 98.52 ftMILKY WAY DR

The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.

Source: the MLS® listing record.

Land transfer tax on this home

Ontario land transfer tax
$53,975
Total land transfer tax
$53,975
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$49,975
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $2,000,000
$32,000
2.5% from $2,000,000 to $2,700,000
$17,500
Ontario total
$53,975

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Schools

Nearest schools

Straight-line distances. Check catchments with the board.

ElementaryEQAO average 2024–25

  • St Joseph Catholic Elementary SchoolYork CDSBCatholic · grades JK–887%Grade 6 average500 m
  • Bayview Hill Elementary SchoolYork Region DSBPublic · grades JK–888%Grade 6 average900 m
  • Sixteenth Avenue Public SchoolYork Region DSBPublic · grades JK–880%Grade 6 average1.1 km
  • ÉÉC Sainte-Marguerite-Bourgeoys-MarkhamConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–895%Grade 3 average4.7 km

SecondaryGrade 9 math 2024–25

  • Bayview Secondary SchoolYork Region DSBPublic · grades 9–1291%Grade 9 math1.4 km
  • Our Lady Queen of the World CA High SchoolYork CDSBCatholic · grades 9–12 · French Immersion79%Grade 9 math2.4 km
  • École secondaire Norval-MorrisseauConseil scolaire ViamondeFrench-language public · grades 9–1290%Grade 9 math2.5 km
  • Alexander MacKenzie High SchoolYork Region DSBPublic · grades 9–1277%Grade 9 math2.5 km

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

Searches this home is in

Keep looking

The ledger

What it costs to own

Worked out for this home. Change any number.

Price$2,700,000

A month, all in

$13,406

  • Mortgage$12,318
  • Property tax$1,088

A planning figure, not a quote.

Land transfer tax

$53,975

$49,975 for first-time buyers.

Rent, similar homes

$4,750

a month, median asking rent of 22 similar homes in Richmond Hill.

Community

Who lives around it

Similar homes

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Shemeer Ahmad

Shemeer AhmadVALERY REAL ESTATE INC.

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(647) 554-7436

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