118 Milky Way
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$2,199,000

118 Milky Way

Richmond Hill (Observatory), Ontario, L4C4M8

Active
4
Bedrooms
5
Bathrooms
6
Parking

About This Property

This 4-bedroom, 5-bathroom single family in Richmond Hill (Observatory) is available for your consideration. The home features tile and hardwood flooring, forced air, natural gas heating, central air conditioning, ventilation system, a finished, walk out, n/a basement, a fireplace.

MLS Remarks

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 hardwood flooring across the above-ground levels and extensive custom cabinetry, including a built-in media wall, designer beverage and wine display cabinetry, custom closet systems throughout , integrated mudroom and laundry room storage, and a built-in wet bar, all complemented by premium soft-close cabinetry systems.The chef-inspired kitchen is ideal for everyday living and entertaining, featuring upgraded cabinetry, soft-close drawers & doors and high-end built-in stainless steel appliances.The professionally finished basement (Fall 2025) offers large above-grade windows, abundant natural light, an open-concept layout with wet bar, and direct walk-out access to the backyard. The basement is further enhanced with in-floor heating, providing added comfort throughout the space.Exterior improvements completed in Summer 2025 include professionally finished backyard and side stair interlocking. Zoned for top-ranked schools including Bayview Secondary School and conveniently located minutes to Hwy 404 & 407, Hillcrest Mall, restaurants, parks, and everyday amenities.A rare opportunity to own a meticulously upgraded home in one of Richmond Hill's most sought-after family communities. (id:60351)

Overview

Property Typeresidential
Sub-Typesingle family
StatusActive
MLS #N12809798

Interior

HeatingForced air, Natural gas
CoolingCentral air conditioning, Ventilation system
FlooringTile, Hardwood
AppliancesWasher, Refrigerator, Water purifier, Water softener, Central Vacuum, Gas stove(s), Dishwasher, Range, Oven, Dryer, Microwave, Oven - Built-In, Hood Fan, Garage door opener remote(s)
FireplaceYes
BasementFinished, Walk out, N/A

Exterior

Exterior FeaturesStone

Parking

Total Spaces6

Fees & Taxes

Annual Taxes$10,127

Listing Information

MLS#: N12809798


Information is deemed reliable but not guaranteed. Data provided by the Canadian Real Estate Association (CREA) through the Data Distribution Facility (DDF). Listing data is updated regularly but may not reflect the most current information. All information should be independently verified.

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Mortgage Calculator

$
$439,800
5%20%50%
Estimated Monthly Payment
$9,778
/month
Mortgage
$1,759,200
Total Interest
$1,174,261

For illustration purposes only. Consult a mortgage professional for accurate rates.

Land Transfer Tax

$
Ontario LTT$41,450
Total Due on Closing$41,450

Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.

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118 Milky Way Richmond Hill (Observatory) — $2,199,000 — Not A Dream Realty | Not A Dream Realty