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Home · Buy · Richmond Hill · 164 Milky Way Drive, Richmond Hill, ON L4C 4Y3
164 Milky Way Drive, Richmond Hill, ON L4C 4Y3
164 Milky Way Drive, Richmond Hill, ON L4C 4Y3
164 Milky Way Drive, Richmond Hill, ON L4C 4Y3
Richmond Hill · Observatory
For Sale · Detached

164 Milky Way Drive, Richmond Hill, ON L4C 4Y3

Richmond Hill · Observatory
⚡2 hours ago
$2,700,000
New listing2 1/2 StoreyPartially Finished basementBuilt-In · 3-car garage · 2 driveway · 5 total parkingSouth exposure
4 + 1
Beds
6
Baths
5
Parking
3500-5000
Sq ft
6-15 yrs
Built
The honest picture
★ Renavu Estimate
$2,561,000
★★★★★★★★★★Lower confidence
Comparable sales vary too widely to call a direction

The Renavu Estimate and the figures in this section are produced by Renavu using our own analysis — not statistics from, provided by, or endorsed by TRREB or PropTx. Underlying property data is provided through TRREB/PropTx and is deemed reliable but not guaranteed accurate. Renavu Estimate is our data-driven opinion of value and a market reference — not this home's exact value.

About this home

  • Three-storey detached home in Richmond Hill's Observatory Hill neighbourhood
  • 4 + 1 bedrooms and 6 bathrooms with private ensuites in main bedrooms
  • 5 parking spaces (5-car garage and 2 driveway spaces)
  • Main floor has 10-ft ceilings, hardwood flooring, office and kitchen with Wolf, Sub-Zero and Asko appliances
  • Second floor includes laundry room; third floor has a loft
  • Unfinished basement and south-facing backyard with walkout and interlocked patio
  • Near parks, schools, GO Transit and Highways 404/407

Key points are generated by Renavu from the listing description — not from, provided by, or endorsed by TRREB or PropTx.

Property details

Days on market
🔒Sign in to view
Days on site: 0 days
Property tax
$13,060 (2025)
Lot
44.95 × 98.52 Feet
Style
2 1/2 Storey
Heating
Forced Air
Cooling
Central Air
MLS®
N13874004

Full details

Parking
GarageBuilt-In
Driveway2
Garage spaces3
Total parking5
Parking featuresPrivate Double

Room dimensions

RoomLevelDimensionsFeatures
Family RoomMain5.9 × 4.06 MetersHardwood Floor, Fireplace
Dining RoomMain4.94 × 4.8 MetersHardwood Floor
OfficeMain3.34 × 2.7 MetersHardwood Floor
KitchenMain7.15 × 4.53 MetersPorcelain Floor
Primary BedroomSecond5.47 × 5.32 MetersHardwood Floor
Bedroom 2Second4.85 × 4.15 MetersHardwood Floor
Bedroom 3Second4.99 × 4.16 MetersHardwood Floor
Bedroom 4Second4.25 × 3.83 MetersHardwood Floor
LoftThird4.72 × 4.12 Meters—
Common RoomThird7.61 × 3.75 MetersHardwood Floor

Property & sold history

Listing history
Date StartDate EndPriceStatusListing ID
2026-10-07—$2,700,000For SaleN13874004
🔒

Earlier listings and sold prices for this address are protected under TRREB rules — a free account unlocks them.

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Comparables

Gathering recent comparable sales nearby…

Run the numbers

True cost to close
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
Homes over $1.5M require a minimum 20% down payment.
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$53,975
Legal · title · inspection$2,800
Closing costs$56,775
Down payment$540,000
Total cash to close$596,775
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
$2,700,000
MLS® N13874004 · Listed by RE/MAX REALTRON REALTY INC.
Homes in Observatory are selling at 94% of asking.

That's from 25 recent sales nearby. Want to know what it means for yours?

Get my Observatory valuation
Call The Renavu Team
Shan Perinpanathan
Shan Perinpanathan
Real Estate Broker, ABR, SRS
416.655.4040
Pam Thiyagarajah
Pam Thiyagarajah
Sales Representative
416.436.0546
Ragu Rajaguru
Ragu Rajaguru
Real Estate Broker
416.712.2006

Price and status changes on this home only. No newsletter, and no call unless you ask for one. Unsubscribe from any email. The Renavu Team, Royal LePage Ignite Realty, Brokerage.

One team. No spam. We reach out once — when you ask.

Listing courtesy of RE/MAX REALTRON REALTY INC.. Presented by Royal LePage Ignite Realty, Brokerage. Data provided by TRREB — deemed reliable but not guaranteed; for consumers' personal, non-commercial use. Listing information last updated October 7, 2026.

$2,700,000
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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) through PropTx and is deemed reliable but is not guaranteed accurate by PropTx. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. IDX information is for consumers' personal, non-commercial use.

Similar homes for sale

Comparable homes on the market near Richmond Hill · Observatory — same kind of property, similar size and price.

121 Milky Way Drive, Richmond Hill, ON L4C 4L9For sale: $2,688,888
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3500–5000 sq ft0.3 km
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MLS® N13729320 · RIGHT AT HOME REALTY
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MLS® N13749490 · RE/MAX REALTRON REALTY INC.
11 David Dunlap Boulevard, Richmond Hill, ON L4C 4V7For sale: $2,720,000
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11 David Dunlap Boulevard, Richmond Hill, ON L4C 4V7
MLS® N13559508 · HOMELIFE BROADWAY REALTY INC.
27 Milky Way Drive, Richmond Hill, ON L4C 4M9For sale: $2,850,000
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3500–5000 sq ft0.5 km
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27 Milky Way Drive, Richmond Hill, ON L4C 4M9
MLS® N13557586 · CENTURY 21 MYPRO REALTY
51 Meteorite Street, Richmond Hill, ON L4C 4L9For sale: $2,888,888
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51 Meteorite Street, Richmond Hill, ON L4C 4L9
MLS® N13770154 · CENTURY 21 LANDUNION REALTY INC.
33 Valleyford Avenue, Richmond Hill, ON L4C 0A7For sale: $1,890,000
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MLS® N13767732 · EXP REALTY
See everything for sale nearby

Why this value?

See comparables ›
6
Comparable sales
94%
Of asking in Observatory
49 days
Typical time on market
−1.1%
Area prices, last 3 months
View comparable homesThe 6 recent sales behind this estimate›
Neighbourhood market

The Observatory market

How homes are selling here right now — sold data for September 2026.

Balanced marketAll home types in Observatory · 17 sales over 3 months
Buyer'sBalancedSeller's

Homes in Observatory are selling near asking in about 34 days. Neither side has the upper hand right now.

Median sold · Observatory
$800,000
▼ 4.8% year over year
Homes sold · this month
6
49 days on market avg
Sold vs asking
103.7%
over asking — seller's market
Detached median · Richmond Hill
$1,390,000
See the full Richmond Hill market report →

These figures are produced by Renavu — they are not official statistics from, provided by, or endorsed by TRREB or PropTx, and are deemed reliable but not guaranteed accurate. Neighbourhood figures with only a handful of sales are held back so no single sale is identifiable.

Comparables

Homes near 164 Milky Way Drive, Richmond Hill, ON L4C 4Y3
Sold🔒 Sold:
bed bath parking
sq ft km
Detached
Address shown after sign-in
See what it sold for →
Sold🔒 Sold:
bed bath parking
sq ft km
Detached
Address shown after sign-in
See what it sold for →
Sold🔒 Sold:
bed bath parking
sq ft km
Detached
Address shown after sign-in
See what it sold for →
🔒

3 sold homes nearby

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The comparables and the analysis shown here are produced by Renavu using our own analysis — not statistics from, provided by, or endorsed by TRREB or PropTx. Underlying property data is provided through TRREB/PropTx and is deemed reliable but not guaranteed accurate.