43.8660° N · 79.4151° W — Observatory, Richmond Hill — MLS® #N13884300
181 Milky Way Dr
$2,599,999
Observatory, Richmond Hill, Ontario L4C 5H3
- 4+1
- BedroomsBeds
- 6
- BathroomsBaths
- 3500-5000 sqft3500-5000
- SizeSq ft
- 44.95 x 98.43 ft
- Lot sizeLot
Inquire about this listing
In short · from the listing record
181 Milky Way Dr is a 4+1-bedroom, 6-bathroom detached house in Observatory, Richmond Hill, listed for sale at an asking price of $2,599,999 (MLS® N13884300).
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!
Listing readings
How it measures up
Scores from the listing record and the market around it.
68Good
Condition score
6 condition-related facts documented
Listing age, structured features and disclosed update language; not an inspection.
5Shortfall
Cash flow quality
−$8,199/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
- $13,043 / 2026
- MLS® number
- N13884300
- Board
- TRREB MLS®
- Property Type
- Detached
- Time on market
- Size
- 3500-5000 sqft
- Lot Size
- 44.95 x 98.43 ft
- Listed on
- Parking
- 2 Attached, 4 Parking
Listing history
Listing activity for 181 Milky Way Dr, Richmond Hill, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $2,599,999 | N/A | Pc | N13884300 |
Inside
Room by room
From the listing.
- Dining4.45 × 4.9 mhardwood floor, Pot Lights
- Office3.0 × 3.35 mhardwood floor, Sliding Doors, Large Window
- Kitchen6.65 × 4.6 mB/I Appliances, Centre Island, Pantry
- Breakfast6.65 × 4.6 mCombined W/Kitchen, B/I Bar, W/O To Garden
- Family5.67 × 5.67 mGas Fireplace, hardwood floor, Pot Lights
- Primary5.5 × 4.6 mW/I Closet, Gas Fireplace, 5 Pc Ensuite
- 2nd Br3.96 × 3.66 mhardwood floor, Semi Ensuite, Large Closet
- 3rd Br5.18 × 3.05 mhardwood floor, Semi Ensuite, Large Closet
- 4th Br5.55 × 3.78 mW/I Closet, 4 Pc Ensuite, hardwood floor
- Loft3.9 × 6.46 mhardwood floor, 4 Pc Bath, Wet Bar
- Rec3.47 × 3.05 mhardwood floor, W/O To Terrace
- Rec5.55 × 5.41 mLaminate, Pot Lights
- Rec9.67 × 4.64 mLaminate, Pot Lights
- Other2.58 × 2.73 m
Property
- Property Type
- Detached
- Style
- 3-Storey
- Community
- Observatory
- Municipality
- Richmond Hill
Building
- Size
- 3500-5000 sqft
- Construction
- Brick
Inside
- Bedrooms
- 4+1
- Bathrooms
- 6
- Bathroom Details
- 1 × 2pc Main, 1 × 5pc 2nd, 2 × 4pc 2nd, 1 × 3pc 2nd, 1 × 3pc Bsmt
- Basement Type
- Finished
- Kitchens
- 1
Parking
- Driveway
- Private
- Garage Type
- Attached
- Garage
- 2
- Additional Parking
- 2
- Total Parking
- 4
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 44.95 ft
- Depth
- 98.43 ft
- Lot Size
- 44.95 x 98.43 ft
Where it sits
The street and the area
Asking prices on the map.
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Richmond Hill GO | GO Transit train: Richmond Hill | 1.3 km |
| Yonge / Weldrick | YRT bus rapid transit: Viva Blue | 1.7 km |
| Yonge / Major Mackenzie | YRT bus rapid transit: Viva Blue | 1.8 km |
| Yonge / 16th-Carrville | YRT bus rapid transit: Viva Blue | 2 km |
| Yonge / Crosby | YRT bus rapid transit: Viva Blue | 2.5 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
- New in 7 days
- 1
- Price cuts
- 0%
Middle half: $1.62M to $2.7M
4 in 28 days
0 listings
This home is asking 38% above the median.
See all homes in ObservatoryAsking 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: 830 m
- airportOn recordNearest airport: 3.2 km
- water wellsNone in rangeNo water-supply well recorded within 250 m 10 test or monitoring holes also recorded.
- groundwaterOn recordGroundwater recorded about 4.6 m below ground nearby The middle water level in the well records within 500 m (37 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
- 4,424 sq ft411 m²
- Street frontage
- 44.95 ft13.7 m
- Depth
- 98.43 ft30 m
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, measured by GeoWarehouse.
Land transfer tax on this home
- Ontario land transfer tax
- $51,475
- Total land transfer tax
- $51,475
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $47,475
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 $2,599,999
- $15,000
- Ontario total
- $51,475
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 average450 m
- Bayview Hill Elementary SchoolYork Region DSBPublic · grades JK–888%Grade 6 average850 m
- Walter Scott Public SchoolYork Region DSBPublic · grades JK–862%Grade 6 average1.1 km
- ÉÉC Sainte-Marguerite-Bourgeoys-MarkhamConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–895%Grade 3 average4.6 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 math2.3 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 math2.6 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.
A month, all in
$12,949
- Mortgage$11,862
- Property tax$1,087
A planning figure, not a quote.
Land transfer tax
$51,475
$47,475 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 AhmadVALERY REAL ESTATE INC.
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