27 Milky Way Drive, Richmond Hill, ON L4C 4M9
Observatory, Richmond Hill · Near Bayview Ave & 16th Ave · View map
About this home
Welcome to one of the most extraordinary homes in prestigious Observatory Hill-a luxurious modern single-detached residence with 3700+ sf on an ultra-rare private pie-shaped ravine lot. Step directly from the walkout basement onto your tranquil backyard oasis overlooking the ravine, where deer wander by almost daily, creating a peaceful retreat unlike anywhere else.What truly sets this home apart is its one-of-a-kind layout. Enjoy a spacious 500+ sq. ft. third-floor loft and an exceptionally rare 360+ sq. ft. private open-air rooftop terrace. Thanks to the unique pie-shaped lot, the rooftop offers remarkable privacy-a feature you simply won't find in another Toronto home.Premium kitchen upgrades include 48-inch built-in Sub-Zero side-by-side refrigerator, upgraded Wolf gas cooktop, and built-in Samsung microwave and oven stack with one-touch steam cooking.Luxury continues with heated floors in both the walkout basement and primary ensuite. Relax in the upgraded freestanding soaker tub while enjoying your favorite music through the built-in Bluetooth speaker integrated into the bathroom fan, creating your own spa-like retreat. Both the main floor powder room and primary ensuite feature smart toilets with heated seats.Custom designer-built display and storage shelving with integrated luxurious LED mood lightingenhances both the first and second floors. An unobstructed skylight extending from the third floor fills the entire staircase with natural light, making every level feel bright, warm, and inviting.The spectacular third-floor loft is truly a home within a home. Complete with a full wet bar, custom cabinetry, and a full 4-piece bathroom, it's the perfect space for entertaining or spending an entire cozy weekend watching Netflix with your loved ones.Book your private showing today and experience this truly one-of-a-kind home for yourself.
The home
- Type
- 3-storey detached home
- Style
- 3-Storey
- Square footage
- 3500-5000 sq ft
- Bedrooms
- 4
- Bathrooms
- 5
- Kitchens
- 1
- Rooms
- 8
- Basement
- Walk-Out, Separate Entrance
- Lot size
- 27.1 x 140.8 ft
- Faces
- South
- View
- Forest
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick, Concrete
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- Yes
- Central vacuum
- Yes
Garage & parking
- Garage
- Built-In
- Garage spaces
- 2
- Driveway spaces
- 2
- Total parking
- 4
- Parking features
- Private Double
Taxes & other
- Property taxes
- $12,669/yr
- Tax year
- 2025
- Occupancy
- Vacant
- Possession
- Immediate
- Cross street
- Bayview Ave & 16th Ave
- Neighbourhood
- Observatory
More
- Price per sq ft
- ~$671 (at 4,250 sq ft)
- MLS® number
- N13557586
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The home and its surroundings
- Auto Garage Door Remote
- Bar Fridge
- Built-In Oven
- Carpet Free
- Central Vacuum
- Countertop Range
- Clear View
- Fenced Yard
- Park
- Public Transit
- Rec./Commun.Centre
- School Bus Route
- 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.
27 Milky Way Drive, Richmond Hill, ON L4C 4M9
Observatory, Richmond Hill · Near Bayview Ave & 16th Ave
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Listing history for 27 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 27 Milky Way Drive
Answers come straight from this home’s MLS® listing.
How much is 27 Milky Way Drive listed for, and what would it cost each month?
27 Milky Way Drive is listed for $2,850,000. With 20% down ($570,000), the mortgage payment would be roughly $11,496 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $12,552 a month, all in. That figure is an illustration, not a quote.
Is 27 Milky Way Drive freehold or a condo, and is there a monthly fee?
27 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 27 Milky Way Drive have?
27 Milky Way Drive has 4 bedrooms and 5 bathrooms.
Does 27 Milky Way Drive have a garage and parking?
Yes. The listing shows the garage as built-in, with room for 2 cars. The driveway adds 2 spaces. In total the listing counts 4 parking spaces.
Does 27 Milky Way Drive have a finished basement?
The listing describes the basement as walk-out, separate entrance. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 27 Milky Way Drive?
27 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 27 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 27.1 x 140.8 ft.
How is 27 Milky Way Drive heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 27 Milky Way Drive?
Property taxes are $12,669 a year (2025), or about $1,056 a month.
Where is 27 Milky Way Drive?
27 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 4M9.
Is 27 Milky Way Drive still for sale?
Yes. It is an active listing (MLS® N13557586). Listings here update from the board through the day and come down once a home sells.
What are similar detached homes near 27 Milky Way Drive asking?
Similar detached homes for sale nearby right now include 181 Milky Way Drive at $2,599,999 (4+1 bed), 51 Meteorite Street at $2,888,888 (4 bed) and 55 Gerden Drive at $2,650,000 (5 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 27 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 27 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$2,599,999181 Milky Way Drive, Richmond Hill4+1 bed · 6 bath · ObservatoryCourtesy of: RE/MAX EXCEL REALTY LTD.View 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$2,650,00055 Gerden Drive, Richmond Hill5 bed · 6 bath · Rural Richmond HillCourtesy of: HOMELIFE LANDMARK REALTY INC.View home →Courtesy of: CENTURY 21 MYPRO REALTY
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.