121 Milky Way Drive
Observatory, Richmond Hill
$3,200,000
Bedrooms: 4
Bathrooms: 6
Living Area: 3,500 sqft
Price Per Sqft: $914.29
About this Detached
in Observatory, Richmond Hill
Welcome To An Extraordinary Home Backing Onto A Ravine In Prestigious Observatory Hill. A 2022 Aspen Ridge Masterpiece Offering Over 6,800 Square Feet Of Living Space, Including 4,303 Square Feet Above Grade Per MPAC Plus 2,276 Square Feet Of Finished Basement. Approximately $300,000 in premium upgrades and renovations. Complete With A Rare Four Level Elevator, Offering Effortless Elegance And Convenience Throughout The Home. Framed By Distinctive Stone And Brick Exteriors And An Architecturally Controlled Streetscape, This Residence Showcases Soaring 10 Foot Ceilings, Smooth Ceilings Throughout, Elegant Coffered Detailing, Stained Oak Staircases With Upgraded Pickets, And Engineered Oak Hardwood Flooring Across The Main And Upper Levels . The Chef Inspired Kitchen Is A Masterpiece Of Sophisticated Design, Appointed With Extended Height Cabinetry, Premium Quartz Countertops And A Quartz Slab Backsplash, Stainless Steel Undermount Sinks, Hansgrohe Faucets, A Wolf Gas Range And Sub Zero Fridge (2022), Plus A Dramatic 17 Foot Waterfall Island And Servery. Boasting 4 Plus 3 Lavishly Appointed Bedrooms And 6 Beautifully Designed Bathrooms Across All Levels. The Home Offers A Lavish Primary Retreat With Heated Ensuite Floors And A Freestanding Tub. A Stunning Third Level Loft Complete With A Wet Bar And Walkout To A Private Rooftop Terrace With Breathtaking Ravine Views. The Finished Basement Elevates Entertaining With A Recreation Area, Separate Den, Wet Bar And Radiant Heated Slab. Enhanced By A High Efficiency Heating System With Smart Thermostat, 200 Amp Electrical Service, Rough In For EV Charging, Central Vacuum, HRV System, And Tarion Backed Structural Warranty. Located in a coveted enclave surrounded by scenic trails, lush greenspace, minutes from Yonge Street, Hillcrest Mall, Mackenzie Health Hospital, Richmond Hill GO Station, and Highway 404.
Listed by EXP REALTY.
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LAND TRANSFER TAX CALCULATOR
| Purchase Price | |
| First-Time Home Buyer |
|
| Ontario Land Transfer Tax | |
| Toronto Land Transfer Tax | |
Province of Ontario (effective January 1, 2017)
For Single Family or Two Family Homes
- Up to and including $55,000.00 -> 0.5%
- $55,000.01 to $250,000.00 -> 1%
- $250,000.01 to $400,000 -> 1.5%
- $400,000.01 & $2,000,000.00 -> 2%
- Over $2,000,000.00 -> 2.5%
First-time homebuyers may be eligible for a refund of up to $4,000.
Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers
City of Toronto (effective March 1, 2017)
For Single Family or Two Family Homes
- Up to and including $55,000.00 -> 0.5%
- $55,000.01 to $250,000.00 -> 1%
- $250,000.01 to $400,000 -> 1.5%
- $400,000.01 & $2,000,000.00 -> 2%
- Over $2,000,000.00 -> 2.5%
First-time homebuyers may be eligible for a rebate of up to $4,475.
Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities
MORTGAGE CALCULATOR
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| * This material is for informational purposes only. | |||
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