195 Milky Way Drive, Richmond Hill, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Observatory. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,100 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 700-1100 sqft
- Ample parking with 0.0 garage spaces (1.0 total parking spaces)
- Notable attributes: Water Softener
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
In the upscale community of Observatory Hill! It comes with 1 bedroom, 3 pc bathroom, upgraded flooring, stainless steel appliances, stone countertop, and ensuite laundry. Abundance of natural sunlight throughout throughout with your own separate entrance. Top ranking school Bayview SS, Hillcrest mall, T&T Supermarket, Walmart, GO Transit, York transit, restaurants, Parks, Stores. Water, Hyrdo and Heating are included.
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Property Summary
This detached home located at 195 Milky Way Drive, Richmond Hill is currently for sale and has been available for 1 day. This property is listed at $2,100 with an estimated mortgage of $7* per month. It has 1 bed, 1 bathroom, and is 700-1100 square feet. 195 Milky Way Drive, Richmond Hill is in the Observatory neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Observatory, Richmond Hill.
- •1 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •700-1100 sqft of generous functional square footage
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- School
- Place Of Worship
- Public Transit
- Park
- Library
Interior Features
- Water Softener
Security Features
None listed
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Richmond Hill?
If you are looking for a house in Richmond Hill or researching Richmond Hill real estate for sale, this 1-bedroom detached at 195 Milky Way Drive, Richmond Hill, ON offers an exceptional opportunity to buy a home in Richmond Hill, Ontario. Whether you are a first-time Richmond Hill home buyer or comparing active Richmond Hill MLS® homes for sale, working with a dedicated Richmond Hill buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Richmond Hill realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Richmond Hill Buyer Budget & Costs
Estimated mortgage: $7*/month*. Estimated Ontario Land Transfer Tax: $11. First-time Richmond Hill home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Richmond Hill
Frequently Asked Questions about 195 Milky Way Drive, Richmond Hill, ON
Q.What is the asking price for 195 Milky Way Drive, Richmond Hill, ON ?
The current listing price for 195 Milky Way Drive, Richmond Hill, ON in Observatory, Richmond Hill is $2,100.
Q.How many bedrooms and bathrooms does this property have?
This property features 1 bedroom and 1 bathroom across approximately 700-1100 sqft.
Q.What property type and architectural style is 195 Milky Way Drive, Richmond Hill, ON ?
195 Milky Way Drive, Richmond Hill, ON is a Detached (2-Storey) featuring a None basement.
Q.What key property features does 195 Milky Way Drive, Richmond Hill, ON offer?
Key property features include: School, Place Of Worship, Public Transit, Park, Library.
Q.What interior features are included in this home?
Interior highlights include: Water Softener.
Q.Is parking available at this property?
Yes, this property offers parking space for 1.0 vehicle (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Observatory, Richmond Hill
9 assaults (45.0/100k)
10 B&E (40.0/100k)
16 thefts (45.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 195 Milky Way Drive, Richmond Hill, ON L4C 5H3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Richmond Hill, ON
For a property listed at $2,100 in Richmond Hill, the legal minimum down payment is $105 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $11 for this transaction. As this listing is in Richmond Hill (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $11.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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