1 Terry View Crescent, King

Price: $1,990,000

4 bedrooms, 4 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: N12668476

Nestled in the heart of King City, this home exemplifies quality living, offering both convenience and safety in a vibrant community. Positioned on a spacious corner lot and overlooking a serene park, this elegant residence spans over 3,700 square feet above grade,designed to accommodate the needs of modern families with expansive living spaces.Upon entering, you'll be welcomed by the grandeur of high ceilings and an open layout, highlighting exquisite finishes such as hardwood floors, large custom windows with coverings, crown moldings, and contemporary lighting throughout.The main floor features a generous living room with park views, providing a sense of privacy, and a formal dining room enhanced with coffered ceilings and elegant moldings. A private office with French doors and intricate ceiling details offers a refined work environment. The two-story family room, complete with a cozy fireplace, flows seamlessly into the kitchen and breakfast area. The chefs kitchen is a standout, boasting abundant cabinetry, granite countertops, top-of-the-line stainless steel appliances, a water filtration system, and a garburator. The breakfast area includes additional cabinetry with a built-in desk, and opens onto a beautifully landscaped French patio with a gas hook-up for a BBQ and a lush garden. The laundry room, equipped with high-end appliances and built-in closet storage, offers convenient access to the garage.Upstairs, the second floor features four spacious bedrooms. The primary suite is a private retreat,featuring high ceilings, a Juliet balcony, a custom walk-in closet, and a luxurious five-piece ensuite. Two additional bedrooms are fitted with double closets and large windows, sharing a five-piece semi-ensuite. The final bedroom offers a private four-piece ensuite, walk-in closet, and cathedral ceiling.The basement offers high ceilings, a cold room, and the potential for a walk-up exit, should your familys needs require.

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$1,990,000 - 1 Terry View Crescent, King

Detached for Sale in King

103 days on market
4Beds
4Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
N12668476
Property Type
Detached
Status
active
Days on Site
103
Bedrooms
4
Bathrooms
4
Square Feet
3,500 - 3,999 sqft
Neighbourhood
King
Listing Brokerage
REMAX YOUR COMMUNITY REALTY
Description

Nestled in the heart of King City, this home exemplifies quality living, offering both convenience and safety in a vibrant community. Positioned on a spacious corner lot and overlooking a serene park, this elegant residence spans over 3,700 square feet above grade,designed to accommodate the needs of modern families with expansive living spaces.Upon entering, you'll be welcomed by the grandeur of high ceilings and an open layout, highlighting exquisite finishes such as hardwood floors, large custom windows with coverings, crown moldings, and contemporary lighting throughout.The main floor features a generous living room with park views, providing a sense of privacy, and a formal dining room enhanced with coffered ceilings and elegant moldings. A private office with French doors and intricate ceiling details offers a refined work environment. The two-story family room, complete with a cozy fireplace, flows seamlessly into the kitchen and breakfast area. The chefs kitchen is a standout, boasting abundant cabinetry, granite countertops, top-of-the-line stainless steel appliances, a water filtration system, and a garburator. The breakfast area includes additional cabinetry with a built-in desk, and opens onto a beautifully landscaped French patio with a gas hook-up for a BBQ and a lush garden. The laundry room, equipped with high-end appliances and built-in closet storage, offers convenient access to the garage.Upstairs, the second floor features four spacious bedrooms. The primary suite is a private retreat,featuring high ceilings, a Juliet balcony, a custom walk-in closet, and a luxurious five-piece ensuite. Two additional bedrooms are fitted with double closets and large windows, sharing a five-piece semi-ensuite. The final bedroom offers a private four-piece ensuite, walk-in closet, and cathedral ceiling.The basement offers high ceilings, a cold room, and the potential for a walk-up exit, should your familys needs require.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$8,802.44/mo

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5-yr fixed avg.

Principal: $1,592,000Interest: $1,048,732
Mortgage Amount$1,592,000
Total Interest$1,048,732
Est. Property Tax$1,410/mo
Total Cost$2,640,732

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: King

Discover King

King is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in King

  • Convenient location in King
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

King offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1 Terry View Crescent, King

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,050/mo
Range: $3,443 - $4,658
Cap Rate (ROI)
1.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,050
Maintenance Fees-$0
Property Tax (est.)-$1,410
Insurance (est.)-$415
Net Cash Flow+$2,225

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $569/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 103 days on site, this property has exceeded the typical selling timeline for King. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Detached Home Advantages

Detached homes in King are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to King. Good resale value as demand remains consistent.

Bathroom Count Matters

With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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