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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Richmond Hill
  • Observatory
  • 118 Milky Way Drive
118-milky-way-drive-richmond-hill-ontario-n12809798
118-milky-way-drive-richmond-hill-ontario-n12809798
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  • Sold Sold in Mar 2026
  • Detached

118 Milky Way Drive

Richmond Hill, Observatory
  • 4 Bedrooms
  • 5 Bathrooms
  • 2 Garage
  • Share
Sold Price: $ 2,308,000
3.79%
Listed Price: $ 2,399,000
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Room Details of 118 Milky Way Drive, Richmond Hill

FloorBedroomsBathrooms
Basement * 1
Ground * 1
Second 4 3

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Key Facts About 118 Milky Way Drive, Richmond Hill

  • Tax $10,127 / 2026
  • Property Type Residential
  • Building Type Detached
  • Building Style 2-Storey
  • Size 3000 - 3500 feet²
  • Lot Size 36.12 x 98.52 feet
  • Parking 2 garage, 4 parking
  • Basement Finished with Walk-Out, Walk-Out
  • Listing # N12809798
  • Data Source PROPTX
  • Days on Market 33
  • Listed On 22/02/2026
  • Updated On 28/03/2026
  • Market Demand
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Description

Rare opportunity to own a nearly new, extensively upgraded luxury detached home with a WALK-OUT basement in the prestigious David Dunlap Observatory neighbourhood. Offering approximately 4,000 sq.ft. of total living space, including a professionally finished walk-out basement, this less-than-three-year-old residence features over $300,000 in builder and post-closing enhancements, delivering a true turnkey lifestyle rarely found among comparable homes.Thoughtfully designed with quality finishes and custom built-ins throughout, the home showcases

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Property Details of 118 Milky Way Drive, Richmond Hill

Property

  • Property Type Detached
  • Style 2-Storey
  • Fronting On E
  • Community Observatory
  • Municipality Richmond Hill

Inside

  • Bedrooms 4
  • Bathrooms 5
  • Bathroom Details 1, 5pc Second
  • Bathroom Details 2, 4pc Second
  • Bathroom Details 1, 2pc Main
  • Bathroom Details 1, 3pc Basement
  • Basement Finished with Walk-Out, Walk-Out
  • Kitchen 1
  • Rooms 13
  • Family Rooms Y
  • Central Vac Y
  • Fireplace Y

Utilities

  • Water Municipal
  • Cooling Central Air
  • Heating Type Forced Air
  • Heating Fuel Gas

Building

  • Size 3000 - 3500 feet²
  • Architecture Style 2-Storey
  • Exterior Feature Stone

Parking

  • Garage Type Built-In
  • Garage 2
  • Parking Places 4
  • Total Parking Places 6

Land

  • Sewer Sewer
  • Frontage 36.12
  • Depth 98.52
  • Lot Size 36.12 x 98.52 feet
  • Lot Size Code Feet
  • Cross Street Bayview / 16th Ave

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Our Estimate

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Estimated Rent

$ 5,800

Rental Yield

2.70%

School Score

8.6/10

Rental Score

1/5

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Rooms

Recreation
Level: Basement
Foyer
Level: Main
Primary Bedroom (17.7X14 metre)
Level: Second
Bedroom 2 (13.6X12.8 metre)
Level: Second
Bedroom 3 (11.5X11 metre)
Level: Second
Bedroom 4 (12.6X10 metre)
Level: Second
Laundry
Level: Second
Dining Room (18X14 metre)
Level: Main
Breakfast (14X9 metre)
Level: Main
Kitchen (14X7 metre)
Level: Main
Library (10X9.8 metre)
Level: Main
Powder Room
Level: Main
Mud Room
Level: Main
Living Room (16X12 metre)
Level: Main
Bathroom (5 pcs)
Level: Second
Bathroom (4 pcs)
Level: Second
Bathroom (4 pcs)
Level: Second
Bathroom (2 pcs)
Level: Main
Bathroom (3 pcs)
Level: Basement

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,000

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0

Monthly Expenses After Home Purchase

$569

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
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MLS® Trusted listing from Toronto Real Estate Board The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.

Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 118 Milky Way Drive, Richmond Hill

If you’re on the lookout for a stunning property, then you’re in luck! There’s a fantastic house for sale in Richmond Hill that you simply can’t miss. Nestled at 118 Milky Way Drive, Richmond Hill, this impressive detached home is a rare find in the highly desirable David Dunlap Observatory neighbourhood. With its striking stone exterior and a well-thought-out two-storey design, this residence is not just a house; it’s a lifestyle.

This house for sale in Richmond Hill boasts an impressive total of 4,000 sq.ft. of living space, including a professionally finished walk-out basement that adds an extra layer of versatility to the home. The basement is designed to be a bright and airy space, thanks to large above-grade windows that flood the area with natural light. You’ll love the open-concept layout, which includes a wet bar and full in-floor heating, making it perfect for entertaining or relaxing with family. Plus, with direct walk-out access to the backyard, you’ll have the ideal setup for summer barbecues or simply enjoying a cup of tea in the fresh air.

Inside, this house for sale in Richmond Hill is nothing short of spectacular. With four spacious bedrooms and five bathrooms, there’s plenty of room for everyone. The main kitchen is a chef’s dream, featuring upgraded cabinetry with soft-close drawers, a sleek black stainless steel sink, and high-end built-in stainless steel appliances. Whether you’re whipping up a quick breakfast or hosting a dinner party, this kitchen is equipped to handle it all. The additional family room is perfect for cosy evenings in, complete with a fireplace that adds a touch of warmth and charm.

The attention to detail in this home is truly remarkable. With over $300,000 in builder and post-closing enhancements, every corner of this house has been thoughtfully designed. You’ll find beautiful hardwood flooring throughout the main levels, extensive custom cabinetry, and built-in features that make this home feel both luxurious and functional. The integrated mudroom and laundry room storage, along with custom closet systems, ensure that everything has its place, keeping the home tidy and organised.

When it comes to outdoor space, the property at 118 Milky Way Drive, Richmond Hill doesn’t disappoint. The exterior improvements, completed in Summer 2025, include professionally finished backyard and side stair interlocking, providing a lovely outdoor area to enjoy. While there’s no pool, the beautifully landscaped yard is perfect for outdoor activities or simply soaking up the sun.

For families, this house for sale in Richmond Hill is ideally located within a community that’s zoned for top-ranked schools, including Bayview Secondary School. The convenience of being just minutes away from Hwy 404 and 407 means you’ll have easy access to everything you need, from Hillcrest Mall to local restaurants, parks, and everyday amenities.

With its prime location, luxurious upgrades, and spacious layout, this house for sale in Richmond Hill is a rare opportunity to own a meticulously upgraded home in one of the most sought-after family communities in the area. Don’t let this chance slip away; come and see for yourself what makes 118 Milky Way Drive, Richmond Hill such a special place to call home. Whether you’re looking to settle down or invest, this property is sure to impress.

The Community Observatory in Richmond Hill is a vibrant geographic hub that offers a unique blend of natural beauty and urban convenience. Nestled within the picturesque landscapes of the area, it features expansive green spaces, walking trails, and recreational facilities that cater to residents of all ages. The Observatory serves as a focal point for local events and gatherings, fostering a sense of belonging among its inhabitants. With its proximity to essential amenities, such as shops, schools, and public transport, the community is not only a serene place to live but also a dynamic environment that encourages social interaction and outdoor activities. Whether you're enjoying a leisurely stroll through the parks or participating in community events, Richmond Hill's Community Observatory provides an inviting atmosphere for all.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, catering to families with children of all ages. Within just 0.6 km, you will find St. Joseph Catholic Elementary School, offering grades JK to 8 under the York Catholic District School Board, as well as St. Joseph (Richmond Hill) CES, which provides a similar curriculum. For secondary education, Bayview Secondary School, rated 9.4, is only 1.6 km away, ensuring a high-quality education for students in grades 9 to 12. Additionally, Doncrest Public School and Adrienne Clarkson Public School, both offering French language programs, are located within a short distance of 2.1 km and 2.3 km, respectively. Langstaff Secondary School, also within 3.2 km, provides a French curriculum for older students. For those seeking Catholic secondary education, Our Lady Queen of the World CA is just 2.4 km away, rated 8. Overall, the proximity to a variety of well-rated public and Catholic schools makes this property an excellent choice for families prioritizing education.

FAQs About 118 Milky Way Drive, Richmond Hill

How many bathrooms does this property have?

This property features 5 bathroom(s) and 4 bedroom(s).

Does this 4 bedroom property have additional bedrooms or a den?

This Detached property does not have an additional bedroom or a den.

What is the square footage (sqft) of this Detached property?

The total square footage of this Detached 4 bed property in Richmond Hill is 3000 - 3500.

How many parking spaces are available with this property?

118 Milky Way Drive boasts 4 convenient parking spaces.

How many cars can be parked in the garage of 118 Milky Way Drive?

This property features a garage with space for 2 cars.

What type of garage does this property have?

This property includes an Built-In garage with space for 2 cars.

Does this property have a basement?

Yes, this property has a basement.

What type of basement is it?

This property features Finished with Walk-Out, Walk-Out basement.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

A fireplace is available in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Information about the maintenance fee is not available.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Forced Air.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 118 Milky Way Drive, Richmond Hill

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Listing History

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