Rare 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.
About this home
Photos of 121 Milky Way Drive
Facts and features of 121 Milky Way Drive
| Type | Detached |
|---|---|
| Style | 2 1/2 Storey |
| Bedrooms | 5 + 3 |
| Bathrooms | 6 |
| Size | 3500-5000 sq ft |
| Lot | 44.95 x 98.43 Feet |
| Parking | 5 |
| Garage | Built-In |
| Heating | Forced Air |
| Cooling | Central Air |
| Basement | Finished, Full |
| Exterior | Stone, Brick |
| Age | 0-5 |
| Taxes | $13,148 (2025) |
| Days on market | 59 |
| Listing brokerage | RIGHT AT HOME REALTY |
Rooms
12 rooms, with sizes
| Room | Level | Size | Features |
|---|---|---|---|
| Family Room | Main | 18′ 6″ × 18′ 2″ 5.65 × 5.54 m | hardwood floor, coffered ceiling(s), 2 way fireplace |
| Bedroom 4 | Second | 13′ 3″ × 12′ 0″ 4.05 × 3.65 m | hardwood floor, semi ensuite, b/i closet |
| Loft | Third | 23′ 11″ × 9′ 11″ 7.3 × 3.03 m | hardwood floor, 4 pc bath, w/o to terrace |
| Dining Room | Main | 16′ 0″ × 13′ 10″ 4.87 × 4.22 m | hardwood floor, pot lights, large window |
| Kitchen | Main | 21′ 6″ × 14′ 4″ 6.56 × 4.36 m | double sink, central vacuum, w/o to yard |
| Bedroom 2 | Second | 18′ 2″ × 12′ 2″ 5.54 × 3.72 m | hardwood floor, 4 pc ensuite, walk-in closet(s) |
| Primary Bedroom | Second | 18′ 0″ × 15′ 0″ 5.49 × 4.58 m | hardwood floor, 5 pc ensuite, overlooks ravine |
| Bedroom | Second | 14′ 1″ × 12′ 1″ 4.28 × 3.68 m | hardwood floor, 2 way fireplace, overlooks ravine |
| Bedroom | Basement | 14′ 0″ × 13′ 8″ 4.27 × 4.17 m | laminate, heated floor, above grade window |
| Bedroom 3 | Second | 17′ 1″ × 10′ 0″ 5.2 × 3.05 m | hardwood floor, semi ensuite, b/i closet |
| Library | Main | 10′ 10″ × 10′ 0″ 3.3 × 3.04 m | hardwood floor, sliding doors, large window |
| Recreation | Basement | 33′ 2″ × 17′ 4″ 10.1 × 5.29 m | laminate, heated floor, wet bar |
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121 Milky Way Drive
Listing information is deemed reliable but is not guaranteed accurate by PropTx or the Toronto Regional Real Estate Board. Data source: PropTx. Listings are refreshed from the MLS® at least daily.
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MLS® N13729320 Data source: PropTx Listed August 31, 2026