Gurvinder Nokwal REALTOR®
For Sale Detached 97 days on market

$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
Map

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

Room Level Dimensions
Living Room Ground 26′ 0″ × 14′ 0″
Loft Third 27′ 11″ × 18′ 4″
Bedroom 4 Second 13′ 6″ × 12′ 0″
Kitchen Ground 13′ 7″ × 16′ 6″
Bedroom 3 Second 11′ 7″ × 12′ 3″
Primary Bedroom Second 16′ 0″ × 15′ 0″
Dining Room Ground 13′ 0″ × 13′ 7″
Bedroom 2 Second 12′ 0″ × 10′ 0″

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

Minimum for this price: $570,000 (20%)

Amortization, years

Estimated mortgage payment

$12,619 per month

Principal and interest
$12,619
Property tax
$1,056
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
Total, before legal fees
$627,725
Talk to me about financing

Estimates 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

27 Milky Way Drive, Richmond Hill, ON L4C 4M9 Observatory, Richmond Hill, ON L4C 4M9
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$2,850,000 27 Milky Way Drive, Richmond Hill, ON L4C 4M9
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