$ 2,308,000 $2,399,000
118 Milky Way Drive
Supermarket Costco Walk-out Basement

118 Milky Way Drive

Detached
Richmond Hill, Ontario L4C 4M8
4 5 1 2+4(6) 3000-3500 sqft
4 5 1 2+4(6)
3000-3500 sqft
$ 2,308,000
Sold
$ 2,399,000 Down -3.79%
Taxes $10,127 2026
Maintenance None
Estimated Monthly Mortgage $5990
Estimated Closing Costs $--
Supermarket Costco Walk-out Basement

History

MLS®# N12809798

MLS®# N12809798

2026.03.28 Sold (-$91,000) $2,308,000
2026.03.16 Price Change ($200,000) $2,399,000
2026.02.22 New $2,199,000

OPEN HOUSE

03-08 / Sunday 02:00 PM - 04:30 PM
03-08 / Sunday 02:00 PM - 04:30 PM

Details

Interior Rooms
MLS®#
copy
Type
Detached
Style
2-Storey
Size (sqft)
3000-3500
Lot Size
36.12 × 98.52 Feet
Parking
6 Total Parking Spaces
2 Built-In Garage
4 Parking Spaces
Last Update
2026-03-28
Possession Date
60/90/TBD
Listing Date
2026-02-22
Basement
Finished with Walk-Out, Walk-Out
Fireplace
Y
Heating
Gas
Pool
None
Air Conditioning
Central Air
Broker
BAY STREET INTEGRITY REALTY INC.
Room(s) Stories
Length x Width ( Size )
Descriptions
Dining Room Main
45.9ft x 59ft (2712.5 ft2 ) 14m x 18m (252 m2 )
Living Room Main
39.4ft x 52.5ft (2066.7 ft2 ) 12m x 16m (192 m2 )
Breakfast Main
29.5ft x 45.9ft (1356.3 ft2 ) 9m x 14m (126 m2 )
Kitchen Main
23ft x 45.9ft (1054.9 ft2 ) 7m x 14m (98 m2 )
Library Main
32.1ft x 32.8ft (1054.9 ft2 ) 9.8m x 10m (98 m2 )
Powder Room Main
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Mud Room Main
Contact Agent
Foyer Main
Contact Agent
Primary Bedroom Second
45.9ft x 58.1ft (2667.3 ft2 ) 14m x 17.7m (247.8 m2 )
Bedroom 2 Second
42ft x 44.6ft (1873.8 ft2 ) 12.8m x 13.6m (174.1 m2 )
Bedroom 3 Second
36.1ft x 37.7ft (1361.6 ft2 ) 11m x 11.5m (126.5 m2 )
Bedroom 4 Second
32.8ft x 41.3ft (1356.3 ft2 ) 10m x 12.6m (126 m2 )
Laundry Second
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Recreation Basement
Contact Agent

About

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. Fridge, Gas Stove, Oven, Range Hood, Dishwasher, Microwave, Washer, Dryer, Existing ELFs & Pot Lights, Furance, A/C, HRV ,Central Vacuum System, Kitchen Water Purifier, Water Softener, Garage Door Remote Opener, Smart Front Door Lock

The MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.
The REALTOR® trademark is controlled by The Canadian Real Estate Association (CREA) and identifies real estate professionals who are members of CREA.

Investment Analysis

Estimated Monthly Costs
--
per month
Estimated Closing Costs
--
Property Tax $10,127 2026 year
Community:Observatory
DetachedMarket Stat
Avg. Sold Price
$2,319,333.33
YoY -0.47 %
Avg. Rent
$4,425.00

Schools

JK - Grade12

Elementary (JK-G8)

Fraser Rank(2018) 1210 / 3052 English
French
Fraser Rank(2018) 873 / 3052 Catholic English
Fraser Rank(2018) 126 / 3052 Catholic English
Fraser Rank(2018) 231 / 3052 Catholic English

Secondary (G9-G12)

Fraser Rank(2023) 12 / 747 Secondary English IB
Fraser Rank(2023) 52 / 747 Secondary French
Secondary
Secondary
Secondary
Fraser Rank(2023) 95 / 747 Secondary Catholic English French
Fraser Rank(2023) 1 / 747 Secondary Catholic English IB
Fraser Rank(2023) 1 / 747 Secondary Catholic English

Neighbourhood

Go Train Groceries
Richmond Hill Go Train Line:Richmond Hill 1.4 km
T&T Supermarket 1.2 km
9625 Yonge Street, Richmond Hill, ON. L4C 5T2
Bayview Food Mart 1.7 km
9019 Bayview Ave #18, Richmond Hill, ON L4B 1Y3
T&T Supermarket 4.6 km
9255 Woodbine Avenue, Markham, ON. L6C 1Y9
Costco Richmond Hill 4.7 km
35 JOHN BIRCHALL RDRICHMOND HILL, ON L4S 0B2

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