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King City, King
$2,999,000
Rare offering in the heart of King City, this exceptional 3.917-acre parcel presents a truly unique opportunity to create a custom estate or secure a versatile investment in one of the area's most prestigious enclaves. Surrounded by rolling landscapes, open fields, and distinguished multi-million dollar residences, the setting provides the perfect backdrop for a private compound or architectural statement. Tucked away on a quiet street, the property currently features three self-contained residences, offering immediate income potential, multi-generational living, or interim use while planning a future build. Existing accommodations include a 4-bedroom, 3-bathroom unit, a 4-bedroom, 2-bathroom unit, and a 3-bedroom, 2-bathroom unit, each with functional layouts and independent living spaces. Ideally located just minutes from Highway 400 and under 5 minutes to King City's charming village core, residents enjoy convenient access to boutique shops, restaurants, grocery stores, banks, the King City Public Library, and the GO Station-blending small-town character with everyday convenience. Whether you envision a landmark estate, family compound, or long-term investment, this property offers scale, flexibility, and an unrivalled setting in a highly sought-after location.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | Not available |
| Size | 5000 + sq. ft. |
| Property Tax | $13,477 |
| Lot Size | 251.77 ft x 0 ft |
| mls© Number | N13499666 |
| Listed By | ROYAL LEPAGE SIGNATURE REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $15,350
- Property tax
- $1,123
- Heat allowance
- $150
- Housing costs
- $16,623 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$511,000
gross annual household income
- Payment at 4%
- $12,620 / mo
- Cash down
- $599,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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