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  • Ontario
  • Richmond Hill
  • Observatory
  • 47 Milky Way Drive
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  • Sold Sold in Dec 2025
  • Detached

47 Milky Way Drive

Richmond Hill, Observatory
  • 4 + 1 Bedrooms
  • 6 Bathrooms
  • 2 Garage
  • Share
Sold Price: $ 2,308,000
7.31%
Listed Price: $ 2,490,000
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Room Details of 47 Milky Way Drive, Richmond Hill

FloorBedroomsBathrooms
Ground 1 1
Second 4 4
Third * 1

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Key Facts About 47 Milky Way Drive, Richmond Hill

  • Tax $11,829 / 2025
  • Property Type Residential
  • Building Type Detached
  • Building Style 2 1/2 Storey
  • Building Age 0-5
  • Size 3500 - 5000 feet²
  • Lot Size 36.12 x 98.52 feet
  • Parking 2 garage, 2 parking
  • Basement Full
  • Listing # N12460029
  • Data Source PROPTX
  • Days on Market 64
  • Listed On 14/10/2025
  • Updated On 30/12/2025
  • Market Demand
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Description

Luxury Living in this Stunning 2 Year New Double Garage Home! Nestled in Sough After Observatory Hill & Back On Green Belt * Close to 4000 sqft plus Unfinished Basement* 10 Ft Ceilings on the Mn Flr & 9 Ft Ceilings on the Other floors Included the Basement *Coffered Ceilings In Living & Dining Rooms* Double Side Fireplace in the Family Room & Office* Upgraded Stained Oak Stairs & Iron Railing throughout All Levels W/ Basement Landing * Upgraded Light Fixtures & Pot Lights* Upgraded Kitchen W/ Wolf 6 Burner Gas Stove and Sub-Zero Fridge, Waterfa

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Property Details of 47 Milky Way Drive, Richmond Hill

Property

  • Property Type Detached
  • Style 2 1/2 Storey
  • Fronting On S
  • Community Observatory
  • Municipality Richmond Hill

Inside

  • Bedrooms 4
  • Bathrooms 6
  • Bathroom Details 1, 2pc Ground
  • Bathroom Details 2, 5pc Second
  • Bathroom Details 2, 4pc Second
  • Bathroom Details 1, 3pc Third
  • Basement Full
  • Kitchen 1
  • Rooms 9
  • Family Rooms Y
  • Central Vac N
  • Fireplace Y

Utilities

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

Building

  • Size 3500 - 5000 feet²
  • Architecture Style 2 1/2 Storey
  • Exterior Feature Stone
  • Building Age 0-5

Parking

  • Drive Way Private Double
  • Garage Type Built-In
  • Garage 2
  • Parking Places 2
  • Total Parking Places 4

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

See Real Estate Market Trends in Richmond Hill

Estimated Rent

$ 5,621

Rental Yield

2.15%

Rental Score

0.5/5

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Rooms

Dining Room (5.59X4.72 metre)
Level: Ground
Kitchen (5.64X4.72 metre)
Level: Ground
Family Room (5.28X3.66 metre)
Level: Ground
Study (3.05X2.59 metre)
Level: Ground
Primary Bedroom (4.88X4.88 metre)
Level: Second
Bedroom 2 (3.35X3.3 metre)
Level: Second
Bedroom 3 (3.96X3.81 metre)
Level: Second
Bedroom 4 (3.66X4.65 metre)
Level: Second
Exercise Room (4.27X3.68 metre)
Level: Third
Loft (10.16X4.27 metre)
Level: Third
Living Room (5.59X4.72 metre)
Level: Ground
Bathroom (2 pcs)
Level: Ground
Bathroom (5 pcs)
Level: Second
Bathroom (5 pcs)
Level: Second
Bathroom (4 pcs)
Level: Second
Bathroom (4 pcs)
Level: Second
Bathroom (3 pcs)
Level: Third

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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 47 Milky Way Drive, Richmond Hill

If you’re on the hunt for a stunning property, look no further than this fabulous house for sale in Richmond Hill ! Situated at 47 Milky Way Drive, Richmond Hill, this detached home is a true gem in the sought-after Observatory community. With its impressive 2 ½ storey design and stone exterior, this house exudes luxury and sophistication from the moment you arrive.

As you step inside, you’ll be greeted by a spacious layout that boasts nearly 4,000 square feet of living space, plus a full unfinished basement that offers endless potential. The house for sale in Richmond Hill features a total of nine rooms, including four generously sized bedrooms and a den, perfect for a home office or study. You’ll find six bathrooms throughout the home, ensuring that there’s plenty of space for everyone to enjoy their own privacy.

One of the standout features of this house is the magnificent family room, which is enhanced by a double-sided fireplace that also warms the office area. The living and dining rooms are equally impressive, featuring coffered ceilings that add a touch of elegance. The upgraded stained oak stairs with iron railings lead you through the home, providing a seamless flow between the different levels.

The heart of the home is undoubtedly the ground-level kitchen, which has been upgraded to include top-of-the-line appliances such as a Wolf 6 burner gas stove and a Sub-Zero fridge. The waterfall stone centre island, complete with an extra double sink, is perfect for entertaining or casual family meals. Full-height custom cabinetry provides ample storage, while the heated flooring in the master ensuite adds a touch of luxury that you’ll appreciate every day.

Upstairs, the second floor laundry room features large windows that let in plenty of natural light, making chores a bit more bearable. The third-level loft is a real treat, with a walkout to a rooftop deck that’s ideal for summer evenings. It also includes a rough-in wet bar and a four-piece bathroom, making it a perfect space for guests or a private retreat.

This house for sale in Richmond Hill is not just about luxury; it’s also about convenience. Located near T&T Supermarket and some of the top-rated schools in the area, including Bayview Secondary School with its IB programme, this property is perfect for families. Other nearby educational institutions include Jean Vanier Catholic High School, Richmond Rose Public School, and Crosby Heights, which offers a gifted programme. For those seeking private education, you’ll find Richmond Hill Montessori, TMS, and Holy Trinity Private Schools just a stone’s throw away.

In terms of amenities, you’ll find yourself just minutes away from Yonge Street, Hillcrest Mall, Mackenzie Health Hospital, and the Richmond Hill GO Station. Plus, with easy access to Highway 404, commuting couldn’t be simpler.

While the house for sale in Richmond Hill doesn’t come with a pool, the outdoor space is still inviting, with a lot size of 36 by 99 feet providing plenty of room for outdoor activities or future landscaping projects. The property also features a built-in garage with space for two vehicles, as well as a private double driveway that can accommodate additional parking.

This home, which is only 0-5 years old, truly blends luxury with convenience, making it an ideal choice for anyone looking to settle in the vibrant community of Richmond Hill. Don’t miss out on this incredible opportunity to own a piece of paradise at 47 Milky Way Drive, Richmond Hill. Whether you’re entertaining guests or enjoying a quiet evening at home, this house for sale in Richmond Hill is sure to impress. Come and see for yourself – you won’t be disappointed!

The Community Observatory in Richmond Hill is a vibrant geographic hub that offers a unique blend of natural beauty and urban convenience. Nestled amidst lush green spaces and scenic parks, it serves as a focal point for residents and visitors alike, fostering a sense of connection to the environment. The Observatory is not only a place for stargazing and scientific exploration but also a venue for community events and educational programmes that engage people of all ages. With its well-maintained pathways, picnic areas, and recreational facilities, it provides an ideal setting for outdoor activities and social gatherings, making it an inviting and enriching part of life in Richmond Hill.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within a short distance, you will find Sixteenth Avenue Public School, just 0.6 km away, which offers elementary education (JK to 8) and boasts a commendable rating of 8.6. Additionally, Doncrest Public School, located 1.8 km from the property, provides a French language curriculum for Grade 1 students with an impressive rating of 9.2. For secondary education, Bayview Secondary School is only 2.0 km away and has an outstanding rating of 9.4, catering to grades 9 to 12. Other nearby schools include Langstaff Secondary School and Our Lady Queen of the World Catholic Academy, both within 2.8 km, offering additional options for secondary education. Families seeking Catholic education will appreciate St. Joseph (Richmond Hill) CES and Christ the King Catholic Elementary School, located 0.9 km and 1.7 km away, respectively. Overall, the area is well-served by a variety of public and Catholic schools, ensuring quality education for children at all levels.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 1,111 residents, with an average household size of 2.9. The demographic profile reveals an average age of 43.6 years and a robust average household income of $135,000, although 18% of the population falls under the low-income category. The real estate market is characterized by a high average property price of $1,920,000. A significant portion of the community, 34.22%, identifies as single, while 52.24% of households include children, indicating a family-friendly environment. The area is notably diverse, with 65.32% of residents being immigrants, contributing to a rich cultural tapestry. The rental market is minimal, with only 3.39% of residents renting, and there are no condos available, suggesting a preference for ownership. Educational attainment is high, with 72.73% of the population holding a college or university degree. However, a considerable 43.36% of the population is not in the labor force, which may reflect various factors including retirement or other personal choices. Overall, this community presents a blend of affluence, diversity, and family-oriented living.

FAQs About 47 Milky Way Drive, Richmond Hill

How many bathrooms does this property have?

This property features 6 bathroom(s) and 4 bedroom(s).

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

This Detached property includes 1 additional bedrooms.

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

The total square footage of this Detached 4 bed property in Richmond Hill is 3500 - 5000.

How many parking spaces are available with this property?

47 Milky Way Drive boasts 2 convenient parking spaces.

How many cars can be parked in the garage of 47 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 Full 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 47 Milky Way Drive, Richmond Hill

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