181 Milky Way Drive, Richmond Hill, ON L4C 5H3
Observatory, Richmond Hill · Near Bayview Ave & 16th Ave · View map
About this home
Luxury Living In Richmond Hill's Prestigious Observatory Hill Community! This Stunning Aspen Ridge Araya Model Offers Over 4,300 Sq Ft Above Grade Plus A Professionally Finished Basement. Featuring 4+1 Bedrooms, 6 Bathrooms And A Spacious Third-Floor Loft With Wet Bar, Full Bath And Walk-Out To A Private 280+ Sq Ft Balcony. The Gourmet Kitchen Showcases Custom Cabinetry, Quartz Waterfall Island, Brushed Gold Accents And Premium Sub-Zero, Wolf, Miele And Cove Appliances. Elegant Living Spaces Feature 10 Ft Main Floor Ceilings, 9 Ft Second Floor Ceilings, 10 Ft Ceilings In Three Bedrooms, 7-Inch Hardwood Flooring, Glass Staircase Railings, Designer Ceiling Details, 57 Pot Lights And Two Double-Sided Gas Fireplaces. The Luxurious Primary Suite Offers A Custom Walk-In Closet, Fireplace And Spa-Inspired 5-Piece Ensuite. The Finished Basement Features Heated Floors, Home Theatre, Recreation Area, Lounge And Bar. Additional Highlights Include Premium Window Coverings And Two HVAC Systems With Built-In Humidifiers. Approximately $350K In Builder Upgrades Plus Extensive Owner Improvements. Conveniently Located Near Bayview Secondary School, Parks, Shopping, Restaurants, GO Transit And Highways 404/407. An Exceptional Home Offering Luxury, Space And Comfort In A Prime Location!
The home
- Type
- 3-storey detached home
- Style
- 3-Storey
- Square footage
- 3500-5000 sq ft
- Bedrooms
- 4
- Basement bedrooms
- 1
- Bathrooms
- 6
- Kitchens
- 1
- Rooms
- 11
- Basement
- Finished
- Lot size
- 45 x 98.4 ft
- Faces
- North
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Monitored
- Exterior
- Brick, Stone
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- Yes
Garage & parking
- Garage
- Attached
- Garage spaces
- 2
- Driveway spaces
- 2
- Total parking
- 4
- Parking features
- Private
Taxes & other
- Property taxes
- $13,043/yr
- Tax year
- 2026
- Occupancy
- Vacant
- Possession
- Flexible
- Cross street
- Bayview Ave & 16th Ave
- Neighbourhood
- Observatory
More
- Price per sq ft
- ~$612 (at 4,250 sq ft)
- MLS® number
- N13884300
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The home and its surroundings
- Carpet Free
- ERV/HRV
- In-Law Suite
- Fenced Yard
- Place Of Worship
- Park
- School
- Public Transit
- Landscaped
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
181 Milky Way Drive, Richmond Hill, ON L4C 5H3
Observatory, Richmond Hill · Near Bayview Ave & 16th Ave
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Listing history for 181 Milky Way Drive
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 181 Milky Way Drive
Answers come straight from this home’s MLS® listing.
How much is 181 Milky Way Drive listed for, and what would it cost each month?
181 Milky Way Drive is listed for $2,599,999. With 20% down ($520,000), the mortgage payment would be roughly $10,488 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $11,575 a month, all in. That figure is an illustration, not a quote.
Is 181 Milky Way Drive freehold or a condo, and is there a monthly fee?
181 Milky Way Drive is a 3-storey detached home in Observatory, Richmond Hill. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 181 Milky Way Drive have?
181 Milky Way Drive has 4 bedrooms, plus 1 more bedroom in the basement, and 6 bathrooms.
Does 181 Milky Way Drive have a garage and parking?
Yes. The listing shows the garage as attached, with room for 2 cars. The driveway adds 2 spaces. In total the listing counts 4 parking spaces.
Does 181 Milky Way Drive have a finished basement?
The listing describes the basement as finished. It counts 1 bedroom on that level. Finished basement space is usually not counted in the square footage shown.
What style of home is 181 Milky Way Drive?
181 Milky Way Drive is a 3-storey detached home. A 3-storey detached house spreads its rooms over three floors, often on a narrower city lot.
How big is 181 Milky Way Drive, and what is the lot size?
The listing puts the home between 3,500 and 5,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 45 x 98.4 ft.
How is 181 Milky Way Drive heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 181 Milky Way Drive?
Property taxes are $13,043 a year (2026), or about $1,087 a month.
Where is 181 Milky Way Drive?
181 Milky Way Drive is in the Observatory community of Richmond Hill. The nearest main intersection is Bayview Ave & 16th Ave. The postal code is L4C 5H3.
Is 181 Milky Way Drive still for sale?
Yes. It is an active listing (MLS® N13884300). Listings here update from the board through the day and come down once a home sells.
What are similar detached homes near 181 Milky Way Drive asking?
Similar detached homes for sale nearby right now include 27 Milky Way Drive at $2,850,000 (4 bed), 51 Meteorite Street at $2,888,888 (4 bed) and 47 Hall Street at $1,849,000 (4 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 181 Milky Way Drive sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 181 Milky Way Drive?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar detached homes nearby
More detached homes for sale near Observatory, picked by style, size and price.
3-storey detached home$2,850,00027 Milky Way Drive, Richmond Hill4 bed · 5 bath · ObservatoryCourtesy of: CENTURY 21 MYPRO REALTYView home →
3-storey detached home$2,888,88851 Meteorite Street, Richmond Hill4 bed · 5 bath · ObservatoryCourtesy of: CENTURY 21 LANDUNION REALTY INC.View home →
3-storey detached home$1,849,00047 Hall Street, Richmond Hill4 bed · 6 bath · Mill PondCourtesy of: REMAX YOUR COMMUNITY REALTYView home →Courtesy of: RE/MAX EXCEL REALTY LTD.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.