43.8641° N · 79.4188° W — Observatory, Richmond Hill — MLS® #N13729320
121 Milky Way Dr
$2,688,888
Observatory, Richmond Hill, Ontario L4C 4L9
- 5+3
- 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
121 Milky Way Dr is a 5+3-bedroom, 6-bathroom detached house in Observatory, Richmond Hill, listed for sale at an asking price of $2,688,888 (MLS® N13729320).
Rare opportunity to own a nearly new, extensively upgraded luxury detached home in the prestigious David Dunlap Observatory neighbourhood. With a ravine at your back door, a rooftop terrace above the treeline, and an elevator that carries you between all four levels in the prestigious David Dunlap Observatory neighbourhood. Built in 2022 by Aspen Ridge, offering over 6,800 sq ft of total living space and approximately $300,000 in premium upgrades. This is one of only a handful of homes in Observatory Hill with all three signature features: a true ravine lot, a private four-stop elevator, and a third-floor loft that walks out to its own rooftop terrace over the trees. Inside, 4,303 sq ft above grade plus a fully finished basement. Ten-foot ceilings, coffered detailing, and engineered oak hardwood run through the main and upper floors. The chef inspired kitchen is built for people who actually cook and entertain, with a Wolf gas range, Sub-Zero fridge, and a 17-foot waterfall island with a servery behind it for prep and overflow. Five bedrooms upstairs, one bedroom in the basement, six bathrooms in total. Room for a large family, a live-in parent, or guests who stay a while without anyone feeling on top of each other. The primary suite looks straight out over the ravine, with heated ensuite floors and a freestanding soaking tub. The basement adds a second wet bar, a large rec room, a separate den, and radiant floor heating. Conveniently minutes to Yonge St, Hillcrest Mall, Mackenzie Health, Richmond Hill GO, Highway 404, Highway 407, and top-ranked schools including Bayview Secondary School.
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.
Condition uses listing-record signals, not an inspection.
The data table
Every fact
Everything the board publishes for this home.
- Tax
- $13,148 / 2025
- MLS® number
- N13729320
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 0-5
- Time on market
- Size
- 3500-5000 sqft
- Lot Size
- 44.95 x 98.43 ft
- Listed on
- Parking
- 2 Built-In, 5 Parking
Listing history
Listing activity for 121 Milky Way Dr, Richmond Hill, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $2,688,888 | N/A | For Sale | N13729320 |
Inside
Room by room
From the listing.
- Family5.54 × 5.65 mhardwood floor, Coffered Ceiling, 2 Way Fireplace
- Dining4.22 × 4.87 mhardwood floor, Pot Lights, Large Window
- Kitchen4.36 × 6.56 mDouble Sink, central vacuum, W/O To Yard
- Library3.04 × 3.3 mhardwood floor, Sliding Doors, Large Window
- Primary4.58 × 5.49 mhardwood floor, 5 Pc Ensuite, O/Looks Ravine
- Br3.68 × 4.28 mhardwood floor, 2 Way Fireplace, O/Looks Ravine
- 2nd Br3.72 × 5.54 mhardwood floor, 4 Pc Ensuite, W/I Closet
- 3rd Br3.05 × 5.2 mhardwood floor, Semi Ensuite, B/I Closet
- 4th Br3.65 × 4.05 mhardwood floor, Semi Ensuite, B/I Closet
- Loft3.03 × 7.3 mhardwood floor, 4 Pc Bath, W/O To Terrace
- Rec5.29 × 10.1 mLaminate, Heated Floor, Wet Bar
- Br4.17 × 4.27 mLaminate, Heated Floor, Above Grade Window
Property
- Property Type
- Detached
- Style
- 2 1/2 Storey
- Community
- Observatory
- Municipality
- Richmond Hill
Building
- Size
- 3500-5000 sqft
- Building Age
- 0-5
- Construction
- Stone
Inside
- Bedrooms
- 5+3
- Bathrooms
- 6
- Bathroom Details
- 1 × 4pc 3rd, 2 × 5pc 2nd, 1 × 4pc 2nd, 1 × 2pc Main, 1 × 3pc Bsmt
- Basement Type
- Finished
- Kitchens
- 1
Parking
- Garage Type
- Built-In
- Garage
- 2
- Additional Parking
- 3
- Total Parking
- 5
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 | 1.4 km |
| Yonge / Major Mackenzie | YRT bus rapid transit: Viva Blue | 1.6 km |
| Yonge / 16th-Carrville | YRT bus rapid transit: Viva Blue | 1.7 km |
| Yonge / Bantry-Scott | YRT bus rapid transit: Viva Blue | 2.2 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
- 15
- Median asking price
- $1.89M
- New in 7 days
- 2
- Price cuts
- 0%
Middle half: $1.65M to $2.71M
5 in 28 days
0 listings
This home is asking 42% 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: 580 m
- airportOn recordNearest airport: 3.5 km
- water wellsNone in rangeNo water-supply well recorded within 250 m 1 test or monitoring hole also recorded.
- 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 a household 70 m away Fixed wireless up to 25/5 Mbps. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (70 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 Survey.
Land transfer tax on this home
- Ontario land transfer tax
- $53,697
- Total land transfer tax
- $53,697
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $49,697
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 $2,688,888
- $17,222
- Ontario total
- $53,697
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 average600 m
- Sixteenth Avenue Public SchoolYork Region DSBPublic · grades JK–880%Grade 6 average900 m
- Bayview Hill Elementary SchoolYork Region DSBPublic · grades JK–888%Grade 6 average1.1 km
- ÉÉC Sainte-Marguerite-Bourgeoys-MarkhamConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–895%Grade 3 average4.9 km
SecondaryGrade 9 math 2024–25
- Bayview Secondary SchoolYork Region DSBPublic · grades 9–1291%Grade 9 math1.6 km
- Alexander MacKenzie High SchoolYork Region DSBPublic · grades 9–1277%Grade 9 math2.4 km
- École secondaire Norval-MorrisseauConseil scolaire ViamondeFrench-language public · grades 9–1290%Grade 9 math2.4 km
- Our Lady Queen of the World CA High SchoolYork CDSBCatholic · grades 9–12 · French Immersion79%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.
A month, all in
$13,364
- Mortgage$12,268
- Property tax$1,096
A planning figure, not a quote.
Land transfer tax
$53,697
$49,697 for first-time buyers.
Community
Who lives around it
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Shemeer AhmadVALERY REAL ESTATE INC.
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