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For saleMLS® N13874004

164 Milky Way Drive, Richmond Hill, ON L4C 4Y3

Observatory · L4C 4Y3

$2,700,000

$771 / sq ft

4 weeks on market

Bedrooms
4+1
Bathrooms
6
Interior
3,500 sf
Parking
5
Lot
44.95 × 98.52 ft
Age
6-15 years

What's special

  • Built-in garage
  • Central air
  • Finished basement
  • Fireplace
  • Bar fridge
  • Built-in oven
  • Central vacuum

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About this property

Luxury three-storey detached home in Richmond Hill's sought-after Observatory Hill! Offering over 6,000 sq. ft., including the unfinished basement, this south-facing property features a rare three-car garage, two driveway spaces and no sidewalk. Four spacious bedrooms each offer a private ensuite. Highlights include 10-ft main-floor ceilings, hardwood throughout, a main-floor office, second-floor laundry and a family room with waffle ceiling and gas fireplace. The upgraded kitchen features premium Wolf, Sub-Zero and Asko appliances, a generous breakfast area and backyard walkout. A versatile third-floor loft and expansive unfinished basement offer endless possibilities. Interlocked driveway and backyard. Close to parks, schools, GO Transit, Highways 404/407, shopping and dining.

Rooms

10 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
Family RoomMain5.90 × 4.06 m19.4 × 13.3 ftHardwood Floor · Fireplace
Dining RoomMain4.94 × 4.80 m16.2 × 15.7 ftHardwood Floor
OfficeMain3.34 × 2.70 m11.0 × 8.9 ftHardwood Floor
KitchenMain7.15 × 4.53 m23.5 × 14.9 ftPorcelain Floor
Primary BedroomSecond5.47 × 5.32 m17.9 × 17.5 ftHardwood Floor
Bedroom 2Second4.85 × 4.15 m15.9 × 13.6 ftHardwood Floor
Bedroom 3Second4.99 × 4.16 m16.4 × 13.6 ftHardwood Floor
Bedroom 4Second4.25 × 3.83 m13.9 × 12.6 ftHardwood Floor
LoftThird4.72 × 4.12 m15.5 × 13.5 ft—
Common RoomThird7.61 × 3.75 m25.0 × 12.3 ftHardwood Floor

Features

  • Bar Fridge
  • Built-In Oven
  • Central Vacuum

Property details

Property

Property type
detached
Bedrooms
4 + 1
Bathrooms
6
Interior size
3,500 sq ft
Year built
6-15
Lot size
44.95 × 98.52 ft
Possession
owner

Interior

Basement
Partially Finished
Heating
Forced Air · Gas
Cooling
Central Air
Fireplaces
1
Exposure
South

Exterior & services

Construction
Brick, Stone
Garage
Built-In
Parking spaces
5
Sewer
Sewer

Costs

List price
$2,700,000
Property taxes
$13,060 / year (2025)
Price per sq ft
$771
Rental items
HWT

Listing

MLS® number
N13874004
Status
For sale
Listed
October 7, 2026
Days on market
28
Last updated
October 23, 2026
Listing brokerage
RE/MAX REALTRON REALTY INC.

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 77% of comparable detached listings in Observatory are asking less.

$1.36MMedian $1.87M$2.76M
This home
$771 / sq ft
Comparable median
$756 / sq ft

Based on 13 comparable active detached listings in Observatory. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $540,000
$540,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$11,943.01
Property tax (est.)
$1,088.33
Estimated monthly
$13,031

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$53,975
Total due on closing
$53,975

An estimate on the asking price of $2,700,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX REALTRON REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$2,700,000

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