130 Milky Way Drive, Richmond Hill, ON

$3,100,000
MLS#:N12310964
4 beds
5 baths
3500-5000 sqft
6.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of Observatory. Expertly crafted featuring premium stone construction, this residence presents an exceptional opportunity offered at $3,100,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 5 Bathrooms
  • Generous living space spanning 3500-5000 sqft on a premium 44.99 x 98.52 ft lot
  • Features a ["unfinished", "walk-out"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Built-In Oven, Ventilation System
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Welcome to this luxurious 2-storey detached home in the prestigious Observatory Hill community, offering over 3,500 sq ft of elegant living space. Situated on a lot with no sidewalk, it provides generous driveway parking. The open, unfinished walk-out basement presents endless possibilities for customization, allowing you to design a space that suits your personal style and needs. The property is equipped with an elevator accessible on all three levels. All four spacious bedrooms feature their own ensuite bathrooms and can easily accommodate king-size beds, offering comfort and privacy for the entire family. The home features soaring ceilings10 feet on the main floor and 9 feet on both the second floor and basementhardwood flooring throughout, flat ceilings, pot lights, and a main floor office. The family room boasts a beautiful waffle ceiling and a cozy gas fireplace. With over $300K in builder and custom upgrades, the open-concept layout includes an upgraded kitchen with a large breakfast area and walk-out to the balcony. High-end built-in appliances include a Wolf induction cooktop, Wolf range hood, Sub-Zero double-door fridge, Wolf microwave/oven, Asko dishwasher, and ample soft-close cabinetry for storage. Located in a top-ranked school zoneBayview Secondary School and Sixteenth Avenue Public Schoolthis home is just a 5-minute drive to the GO Station and 8 minutes to Highways 404 and 407. Nestled near David Dunlap Observatory Park, the area offers a perfect balance of nature and urban convenience. Youll also find public transit, restaurants, top-rated schools, shopping centers, supermarkets, and other amenities nearby. This is truly a must-see propertydont miss the opportunity to make it yours!

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Key Features

Bedrooms
4
Bathrooms
5
Kitchens
1
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 31, 2025
Sold price information is available to members only
Listed Date7/28/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionStone
Lot Size44.99 × 98.52 Feet
CountyYork
Annual Tax$11,437
Legal DescriptionLOT 356, PLAN 65M4547 SUBJECT TO AN EASEMENT FOR ENTRY AS IN YR3109919

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Community Features

Location

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130 Milky Way Drive, Richmond Hill, ON
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Property History

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This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 130 Milky Way Drive, Richmond Hill, ON L4C 4L9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.
Financial Audit

Estimated Costs

Loan Amount$2,480,000
Monthly Mortgage$14,410
Property Tax (Est.)$953
Utilities & Maint.$350
Total Monthly Cost$15,713

Strategic Fiscal Clarity

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