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Listed 15 days ago

164 Milky Way Drive

Observatory, Richmond Hill

$2,700,000

Detached|2 1/2 Storey
4 | 6 | 5
About this home

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.

Extras

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Got questions?

Contact Ephy directly.

agent
Ephy Bookbinder
(416) 838-4804
TypeDetached
Style2 1/2 Storey
Approx. Age6-15
Size3500-5000 sq. ft.
Property Tax$13,060
Lot Size44.95 ft x 98.52 ft
mls© NumberN13874004
Listed ByRE/MAX REALTRON REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$13,820
Property tax
$1,088
Heat allowance
$150
Housing costs
$15,058 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $540,000
25-yr amortization

Income needed

$463,000

gross annual household income

Payment at 4%
$11,362 / mo
Cash down
$540,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Values and trends

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