$2,850,000
↓ $220,000 from $3,070,000
Est. payment $12,619/moCalculate yours
27 Milky Way Drive, Richmond Hill, ON L4C 4M9
Observatory, Richmond Hill, ON L4C 4M9
- 4 Beds
- 5 Baths
- 2 Garage
- 3,500 Sq Ft
Listing courtesy of CENTURY 21 MYPRO REALTY MLS® N13557586
About this home
Welcome to one of the most extraordinary homes in prestigious Observatory Hill-a luxurious modern single-detached residence with 3700+ sf on an ultra-rare private pie-shaped ravine lot. Step directly from the walkout basement onto your tranquil backyard oasis overlooking the ravine, where deer wander by almost daily, creating a peaceful retreat unlike anywhere else.What truly sets this home apart is its one-of-a-kind layout. Enjoy a spacious 500+ sq. ft. third-floor loft and an exceptionally rare 360+ sq. ft. private open-air rooftop terrace. Thanks to the unique pie-shaped lot, the rooftop offers remarkable privacy-a feature you simply won’t find in another Toronto home.Premium kitchen upgrades include 48-inch built-in Sub-Zero side-by-side refrigerator, upgraded Wolf gas cooktop, and built-in Samsung microwave and oven stack with one-touch steam cooking.Luxury continues with heated floors in both the walkout basement and primary ensuite. Relax in the upgraded freestanding soaker tub while enjoying your favorite music through the built-in Bluetooth speaker integrated into the bathroom fan, creating your own spa-like retreat. Both the main floor powder room and primary ensuite feature smart toilets with heated seats.Custom designer-built display and storage shelving with integrated luxurious LED mood lightingenhances both the first and second floors. An unobstructed skylight extending from the third floor fills the entire staircase with natural light, making every level feel bright, warm, and inviting.The spectacular third-floor loft is truly a home within a home. Complete with a full wet bar, custom cabinetry, and a full 4-piece bathroom, it’s the perfect space for entertaining or spending an entire cozy weekend watching Netflix with your loved ones.Book your private showing today and experience this truly one-of-a-kind home for yourself.
Property details
Overview
- Property Type
- Detached
- Style
- 3-Storey
- For
- For Sale
- Status
- Price Change
- Size
- 3,500 sqft
Interior
- Bedrooms
- 4
- Bathrooms
- 5
- Kitchens
- 1
- Basement
- Walk-Out, Separate Entrance
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick, Concrete
- Foundation
- Concrete
- Roof
- Flat
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 27.07 x 140.82 Feet
- Parking
- Built-In garage · 4 total
Financial
- Property Taxes
- $12,669 (2025)
Location
- Neighbourhood
- Observatory
- Cross Street
- Bayview Ave & 16th Ave
- Direction Faces
- South
Listing
- MLS® Number
- N13557586
- Days on Market
- 97
- Listed On
- 2026-07-13
- Listed By
- CENTURY 21 MYPRO REALTY
Rooms
Features
Interior
- Auto Garage Door Remote
- Bar Fridge
- Built-In Oven
- Carpet Free
- Central Vacuum
- Countertop Range
Property
- Clear View
- Fenced Yard
- Park
- Public Transit
- Rec./Commun.Centre
- School Bus Route
Pool
- None
- Included
- Oversized appliances: Wolf Gas Stove, Sub Zero Fridge, Asko Dishwasher, Pot Filler. Furnaces, Central A/C, Central Vacuum, Heat Recovery Ventilator (HRV), . Two Garage Door Openers and Two remotes.
- Excluded
- NON
- Rental items
- HOT WATER TANK
Mortgage calculator
Estimated mortgage payment
$12,619 per month
- Principal and interest
- $12,619
- Property tax
- $1,056
- Condo fees
- $0
- Estimated monthly cost
- $13,675
Your mortgage
- Mortgage amount
- $2,280,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $1,505,755
Cash to close
- Down payment
- $570,000
- Land transfer tax
- $57,725
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $627,725
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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