$2,699,000
FOR SALE

Detached 3-Storey

Bedrooms: 5Bathrooms: 6Lot: 44.95 x 98.43 ft
2025 Taxes: $12,647

181 Milky Way Dr
Richmond Hill, ON L4C 5H3 | Observatory | York

Rare Opportunity In Prestigious Observatory Hill! Aspen Ridge Built Araya Model With Loft Offering Over 4,300 Sq Ft Above Grade Plus A Professionally Finished Basement. This Luxury 3-Storey Detached Home Features 4+1 Bedrooms, 6 Bathrooms, 10 Ft Main Floor Ceilings, 9 Ft Second Floor Ceilings With 10 Ft Ceilings In 3 Bedrooms, Upgraded Ceiling Details In The Family Room, Coffered Ceiling In The Primary Bedroom, 8 Ft Second Floor Doors, 7-Inch Premium Hardwood Flooring, Luxury Glass Railing Staircase, 57 Pot Lights, Two Double-Sided Gas Fireplaces, Premium Window Coverings, 2 HVAC Systems With Built-In Humidifiers, And Extensive Designer Upgrades Throughout. Chef's Kitchen Featuring Custom Extended-Height Cabinetry, Extended Quartz Waterfall Island, Quartz Countertops, Brushed Gold Hardware, Chimney Hood Fan, Built-In Sub-Zero, Wolf, Miele And Cove Appliances, Pantry And Breakfast Area With Walk-Out To The Backyard. Spacious Primary Retreat With Gas Fireplace, Pocket Door, Custom Walk-In Closet And 5-Piece Ensuite. Third-Floor Loft With Wet Bar, Custom Cabinetry, 4-Piece Bath And Walk-Out To A Private Balcony Of Over 280 Sq Ft Offers Exceptional Flexible Living Space. Professionally Finished Basement With Heated Flooring, Recreation Area, Home Theatre, Bathroom, Lounge/Bar Area And Ample Storage. Over $500K In Total Improvements, Including Approx. $350K In Premium Builder Upgrades And Approx. $150K Spent By The Current Owner On Basement Finishing And Professional Interlocking At The Front Driveway, Side Yard And Backyard. Conveniently Located Near Bayview Secondary School, Parks, Transit, Shopping, Dining, GO Station, Hwy 404/407 And Everyday Amenities.
Extras
Carpet Free, ERV/HRV, In-Law Suite
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Listed By SMART SOLD REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number N13087958
Last Updated May 06, 2026
Property Summary
Property Type Detached

More like this:
PIN 031441179
Legal Description LOT 297, PLAN 65M4547 SUBJECT TO AN EASEMENT FOR ENTRY AS IN YR2976403
Possession Date TBA
Taxes (2025) $12,647
Directions/Cross Streets Bayview Ave & 16th Ave
Neighbourhood Observatory
Area York
Price History

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Detailed Information
Fronting On North
Special Designations Unknown
Bedrooms 5
Bathrooms 6
Lot 44.95 x 98.43 ft
Exterior Brick
Air Conditioning Central Air
Family Room Y
Fireplace/Stove Y
Basement Finished
Garage Type Attached
Garage/Park Spaces Y
Parking Spaces 2
Heat Source Gas
Heat Type Forced Air
Sewers Sewer

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