181 Milky Way Drive, Richmond Hill, ON

$3,088,800
MLS#:N12409318
5 beds
5 baths
3500-5000 sqft
4.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["3-Storey"] detached located in the coveted neighborhood of Observatory. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $3,088,800 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.

  • 5 Bedrooms and 5 Bathrooms
  • Generous living space spanning 3500-5000 sqft on a premium 44.95 x 98.43 ft lot
  • Features a ["unfinished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Carpet Free
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Welcome to this exquisite Aspen Ridge built home, Araya Model with Loft, situated in the prestigious and highly sought-after Observatory Hill neighborhood. Offering over 4,386 sqft of above grade luxurious living space sitting on a 45' wide south facing premium lot, open concept layout and full of natural lights. 4 Bedroom + 5Bath, plus a spacious and sunny Rec room at the loft, double car garage with driveway. over $350k top-tier designer upgraded features through-out, Chef's gourmet kitchen with built-in Wolf & Subzero, Miele Appliances, 2 Gas Fireplaces ,Smart home features fully integrated and BBQ Gasline In backyard. This home combines elegance, comfort, and modern sophistication, Model home condition! truly one of a kind dream house. Located minutes from Hwy 407/404, public transit, shopping, and top-ranked Bayview Secondary School.

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Key Features

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

Additional Details

StatusSold
Sold DateOctober 3, 2025
Sold price information is available to members only
Listed Date9/17/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick, Stone
Lot Size44.95 × 98.43 Feet
CountyYork
Annual Tax$12,647
Legal DescriptionLOT 297, PLAN 65M4547 SUBJECT TO AN EASEMENT FOR ENTRY AS IN YR2976403

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

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

Features

Property Features

Community Features

Location

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181 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 181 Milky Way Drive, Richmond Hill, ON L4C 5H3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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$2,471,040
Monthly Mortgage$14,358
Property Tax (Est.)$1,054
Utilities & Maint.$350
Total Monthly Cost$15,762

Strategic Fiscal Clarity

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