For Sale

118 Milky Way Drive, Richmond Hill, Ontario L4C 4M8

$2,199,000

118 Milky Way Drive, Richmond Hill, Ontario L4C 4M8 is For Sale and has a listing price of 2,199,000. The property is located in the Richmond Hill . It's been on the website for 1 Day.

  • Detached
    Property Type
  • 4
    Bedrooms
  • 5
    Bathrooms
  • MLS ID: N12809798
  • Office Name BAY STREET INTEGRITY REALTY INC.
Property Description

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 (including the mudroom walk-in closet), 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 and doors, a black stainless steel sink, Brizo faucet, 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, full in-floor heating, and direct walk-out access to the backyard.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.

Property Details
  • Property Type: All Houses
  • Listing Type: For Sale
  • Listing ID: N12809798
  • Price: $2,199,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 98.52
  • Ref ID: N12809798
  • Approx Sqft: 2500-3000
  • Dir / Cross St: Bayview / 16th Ave
  • Status: Active
  • Tax Year: 2026
  • Property Type: Detached
  • Property Sub Category: Detached
Price History
List Date MLS ID List Price Status End Date Closed Price
02/22/2026 N12809798 $2,199,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Richmond Hill
  • $1,623,366 Average List Price
    based on 1 year
  • 741 New Listings
    based on 30 days
  • 45 Median Days on Market
    based on 1 year
  • List vs. Selling Price 244.5 % Up
  • Sold (12mo) 937
  • Rented (12mo) 1,254

  • 1 Month Change -67.0%
  • 3 Month Change -26.6%
  • 6 Month Change -52.3%
Walkscore
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 2-storey
  • Washroom Type1: 1
  • Central Vac Y
  • Garage Type Built-in
  • Parking Spaces: 4
  • Exterior Stone
  • Kitchen Y
  • Fireplace Y
  • Family Room: 1
  • Washrooms Type 1 # Pcs: 5
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 3 # Pcs: 2
  • Washrooms Type 4 # Pcs: 3
  • Washrooms Type 2: 2
  • Washrooms Type 3: 1
  • Washrooms Type 4: 1
  • Taxes: $10,127
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: 60/90/TBD
  • Listing Entry Date: 22/02/2026 05:43:36
Want to see this property?