193 Milky Way
Observatory, Richmond Hill
$1,998,800
Bedrooms: 4
Bathrooms: 5
Living Area: 2,500 sqft
Price Per Sqft: $799.52
About this Detached
in Observatory, Richmond Hill
Welcome to this exceptional 2023-built luxury residence offering nearly 4500 sq.ft. of refined living space in the highly sought-after Bayview Secondary School IB school district. This beautifully upgraded 4-bedroom, 5-bathroom home showcases premium finishes and meticulous craftsmanship throughout. Featuring hardwood flooring across all levels, pot lights throughout, custom wall paneling on the main floor, and an elegant wrought iron staircase, this home exudes sophistication. The designer kitchen is equipped with high-end Sub-Zero fridge and Wolf 6-burner gas cooktop, complemented by marble countertops and upgraded cabinetry-perfect for both everyday living and entertaining. The second floor offers spacious bedrooms with large windows and upgraded 8.5-ft doors. The luxurious primary ensuite features heated floors, a fireplace, and a spa-like layout with separate wet and dry areas. Additional highlights include Heated Floors in the Basement, a finished Walk-up Basement ideal for extended family or potential rental use, and a fully interlocked front and backyard for low-maintenance outdoor living. Owned hot water tank. Thoughtfully designed with comfort, elegance, and functionality in mind-this is a rare opportunity to own a move-in ready home in a top-tier school district.
Listed by MASTER`S TRUST REALTY INC./FENGHILL REALTY INC..
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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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