For sale50 photos

For sale
121 MILKY WAY DRIVE
MLS® N13729320 · 20 days on market · Active
$2,688,888
Inquire about this propertyRare opportunity to own a nearly new, extensively upgraded luxury detached home in the prestigious David Dunlap Observatory neighbourhood. With a ravine at your back door, a rooftop terrace above the treeline, and an elevator that carries you between all four levels in the prestigious David Dunlap Observatory neighbourhood. Built in 2022 by Aspen Ridge, offering over 6,800 sq ft of total living space and approximately $300,000 in premium upgrades. This is one of only a handful of homes in Observatory Hill with all three signature features: a true ravine lot, a private four-stop elevator, and a third-floor loft that walks out to its own rooftop terrace over the trees. Inside, 4,303 sq ft above grade plus a fully finished basement. Ten-foot ceilings, coffered detailing, and engineered oak hardwood run through the main and upper floors. The chef inspired kitchen is built for people who actually cook and entertain, with a Wolf gas range, Sub-Zero fridge, and a 17-foot waterfall island with a servery behind it for prep and overflow. Five bedrooms upstairs, one bedroom in the basement, six bathrooms in total. Room for a large family, a live-in parent, or guests who stay a while without anyone feeling on top of each other. The primary suite looks straight out over the ravine, with heated ensuite floors and a freestanding soaking tub. The basement adds a second wet bar, a large rec room, a separate den, and radiant floor heating. Conveniently minutes to Yonge St, Hillcrest Mall, Mackenzie Health, Richmond Hill GO, Highway 404, Highway 407, and top-ranked schools including Bayview Secondary School. (id:67193)
Kerrland Realty Group
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Kerri LuSales Representative · Team Leader(289) 971-1362Estimate the monthly payment on this price. Adjust the down payment, rate and amortisation to see what changes.
Monthly payment
$12,195
Not included
Property tax, condo maintenance fees and home insurance are paid separately and are not part of this payment. Budget for them alongside it.
CMHC premium schedule as of 2026-08-18. Estimate only — not financial advice. Actual payments, insurance premiums and approval depend on your lender.
Land Transfer Tax — pre-filled with this price.

Neighbourhoods
A York Region city along the Yonge Street corridor, with parks, trails, and established neighbourhoods.
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| Room | Level | Dimensions |
|---|---|---|
| Family room | Main level | 5.65 x 5.54 |
| Recreational, Games room | Basement | 10.1 x 5.29 |
| Bedroom | Basement | 4.27 x 4.17 |
| Dining room | Main level | 4.87 x 4.22 |
| Kitchen | Main level | 6.56 x 4.36 |
| Library | Main level | 3.3 x 3.04 |
| Primary Bedroom | Second level | 5.49 x 4.58 |
| Bedroom | Second level | 4.28 x 3.68 |
| Bedroom 2 | Second level | 5.54 x 3.72 |
| Bedroom 3 | Second level | 5.2 x 3.05 |
| Bedroom 4 | Second level | 4.05 x 3.65 |
| Loft | Third level | 7.3 x 3.03 |