23 Milky Way Dr

Richmond Hill | Observatory | L4C 4M9
  • 4 + 1
  • 7
  • 0

$2,888,000

Est. Mtg $9,792 /mo
  • Days on market

    47

  • Status

    New

Listing Broker RE/MAX EXCEL REALTY LTD.
Since listed: 0 views

Home details

MLS #:

N12000457

Property type:
Detached
Style:
2 1/2 Storey
Taxes:
$12,030
Possession:
TBD
Lot Front:
31.0   Feet
Lot Depth:
120.0   Feet
Basement:
Fin W/O |
Driveway Pkg:
4
Heat:
Gas | Forced Air

Description


23 Milky Way Dr, , Richmond Hill, Ontario is a Detached property in Richmond Hill and in the Observatory community in the L4C 4M9 postal code


Nestled in the prestigious David Dunlap Observatory neighbourhood, this modern, luxury home that widens to 65 ft wide, offers approx 4800 sqft of living space. With 4+1 bedrooms, 7 bathrooms, and an unbeatable ravine lot with unparalleled privacy and stunning forest views, often with deer sightings! This rare pie-shaped lot, which widens to 65 feet at the back, stands out compared to narrow middle lots. It provides ample space for outdoor activities. Inside, you'll find 10 ft ceilings on the first and second floors, 9 ft ceilings in the basement and third floor, and 8 ft doors throughout. Thoughtfully designed with pot lights, designer lighting, and sleek modern vents, this home exudes elegance. The upgraded chef's kitchen features two-tone cabinetry, quartz countertops, a matching backsplash, a gas stove, and a walk-out deck with city-approved plans for an extension. The living room boasts a custom TV wall with an electric fireplace, while the enclosed main-floor office offers a private workspace. Upstairs, all bedrooms include custom closets, with the primary suite featuring a statement feature wall, elegant lighting, and a lavish 6-piece ensuite. A second-floor laundry room adds convenience. The finished walk-out basement offers direct backyard access, a full kitchen, large windows, a bathroom, and space for an additional bedroom, ideal for multi-generational living or rental potential. A second laundry set completes this level. Zoned for top-ranked schools, including Bayview Secondary IB program and St. Theresas gifted program, this home combines luxury, space, and an unbeatable location. A rare find, dont miss this incredible opportunity!.

Extras

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History

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List Date End Date List Price End Price Status MLS #
2025-03 2025-03 $2,888,000 $2,888,000 New N12000457

Comparables

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sold Date Address List Price sold Price DOM
2024-10 93 Milky Way Dr, $2,999,000 $3,100,000 48
2024-02 156 Milky Way Dr, $2,799,000 $2,610,000 14
2023-01 171 Milky Way Dr, $2,620,000 $2,571,888 37
2023-01 36 Red Giant St, $2,499,990 $2,450,000 1

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity Detached

Sale activity

Richmond Hill :

Properties sold

96

Average sale price

$2,165,047

New Listings

283

Year on Year Growth

-2.83%

Municipality activity All Property Types

Sale activity

Richmond Hill :

Average sale price

$1,550,498

Properties sold

197

New Listings

563

Days on Market

15

Sale $ / List $

105%

Year on Year Growth

-3.68%


Sale Chart - Detached

Richmond Hill Average Price (2 Years):

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Sale Chart - Detached

TRREB Total Average Price (2 Years):

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Estimated running costs for 23 Milky Way Dr

Based on available 3rd party data

$10930

Approximate costs per month

Mortgage
$9792 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$1002 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker RE/MAX EXCEL REALTY LTD.
Data Source: TRREB

Payment calculator

$10795 monthly. In association with: TD Bank
%
  • Principal and Interest
    9792 /mo
  • Property Taxes
    $1002 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Jim Millis, Realtor

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