164 MILKY WAY DRIVE, Richmond Hill (Observatory)
$2,700,000
For sale: Detached
- Property type
- Detached
- Bedrooms / bathrooms
- 5 bedrooms, 6 bathrooms
- Living area
- 5,000 sqft
- MLS®
- MLS® N13874004
- Neighbourhood
- Observatory
Luxury three-storey detached home in Richmond Hill's sought-after Observatory Hill! Offering over 6,000 sq. ft., including the unfinished basement, this south-facing property features a rare three-car garage, two driveway spaces and no sidewalk. Four spacious bedrooms each offer a private ensuite. Highlights include 10-ft main-floor ceilings, hardwood throughout, a main-floor office, second-floor laundry and a family room with waffle ceiling and gas fireplace. The upgraded kitchen features premium Wolf, Sub-Zero and Asko appliances, a generous breakfast area and backyard walkout. A versatile third-floor loft and expansive unfinished basement offer endless possibilities. Interlocked driveway and backyard. Close to parks, schools, GO Transit, Highways 404/407, shopping and dining.
Sold data
Homes in Observatory — recent sold market
Homes in Observatory took a median of 22 days to sell over the last 365 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 44, across 96 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 41 days.
The median sale price was $754,000.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 30% of sales closed above the list price.
Around 18% of sellers reduced their price before finding a buyer.
- Median days to sell
- 22
- Median sale price
- $754,000
- Sale-to-list ratio
- 97.0%
- Sold above asking
- 30%
Based on 96 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Richmond Hill (Observatory)
Richmond Hill (Observatory) has 43 Fraser Institute–rated schools (35 elementary and 8 secondary), averaging 7.5/10.
- Rated schools
- 43
- Elementary
- 35
- Secondary
- 8
- Average rating
- 7.5 / 10
Top-rated schools in Richmond Hill (Observatory)
- Corpus Christi — elementary, Richmond HillFraser rating 10.0/10
- St. Therese of Lisieux — secondary, Richmond HillFraser rating 10.0/10
- Silver Stream — elementary, Richmond HillFraser rating 9.3/10
- St Charles Garnier — elementary, Richmond HillFraser rating 9.3/10
- Bayview — secondary, Richmond HillFraser rating 9.2/10
- Father Henri J M Nouwen — elementary, Richmond HillFraser rating 9.2/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 164 MILKY WAY DRIVE
$2,990,000
Detached563,500–5,000 sqft452 FERNLEIGH CIRCLE S, Crosby, Richmond Hill
$2,388,888
Detached5+163,500–5,000 sqft181 MILKY WAY DRIVE, Observatory, Richmond Hill
$2,490,000
Detached6+263,500–5,000 sqft9A ANGLIN DRIVE, Jefferson, Richmond Hill
$2,599,000
Detached7+263,500–5,000 sqft31 BLACK WALNUT CRESCENT, Langstaff, Richmond Hill
$2,399,000
Detached6+163,500–5,000 sqft24 ROYAL WEST ROAD, Angus Glen, Markham
$2,880,000
Detached5+163,500–5,000 sqft18 HILLCROFT DRIVE, Islington-City Centre West, Toronto
$2,995,000
Detached5+163,000–3,500 sqft132 YORK MILLS ROAD, St. Andrew-Windfields, Toronto
$2,199,000
Detached6+263,500–5,000 sqft11 ALPACA DRIVE, Jefferson, Richmond Hill