10 Kingscross Drive, King

Price: $1,989,000

2 bedrooms, 1 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: N12992950

Welcome to 10 Kingscross Drive - the crown jewel of Kingscross Estates. Nestled in one of the most coveted neighborhoods, this rare gem offers a visionary opportunity to own not just a home, but a legacy. Unparalleled Potential Awaits - Currently featuring a charming 1,460 sq ft dwelling, this residence can seamlessly transform into a stylish accessory structure under existing zoning regulations-paving the way for your architectural masterpiece. Envision a grand new residence: the plans are already crafted-a breathtaking 5,700 sq ft edifice, complete with a four-car garage and four sumptuous bedrooms, blending elegance with modern sophistication. A Dual Asset Advantage - Why choose between convenience and aspiration when you can have both? Retain the current home as an accessory building asset adding additional space while awaiting the completion of your custom build-an astute investment strategy that adds immediate value and flexibility. Nature's Grandeur at Your Doorstep - Surrounded by majestic, mature trees, the property offers serene beauty and privacy-an oasis to inspire creativity, tranquility, and timeless living. Join an Exclusive Community - Experience the prestige of Kingscross Estates-a place where heritage and refinement converge. This isn't merely real estate; it's an invitation to become part of an esteemed enclave. Act with Intention - This opportunity-melding existing structure, approved zoning, and impeccable design-is not just strategic; it's essential. The tenants are open to staying or vacating, offering you control over your next step. 10 Kingscross Drive isn't just a promising real estate listing-it's a platform for your legacy. Seize the moment and let your vision take root here.

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$1,989,000 - 10 Kingscross Drive, King

Detached for Sale in King

32 days on market
2Beds
1Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
N12992950
Property Type
Detached
Status
active
Days on Site
32
Bedrooms
2
Bathrooms
1
Square Feet
1,100 - 1,499 sqft
Neighbourhood
King
Listing Brokerage
PSR
Description

Welcome to 10 Kingscross Drive - the crown jewel of Kingscross Estates. Nestled in one of the most coveted neighborhoods, this rare gem offers a visionary opportunity to own not just a home, but a legacy. Unparalleled Potential Awaits - Currently featuring a charming 1,460 sq ft dwelling, this residence can seamlessly transform into a stylish accessory structure under existing zoning regulations-paving the way for your architectural masterpiece. Envision a grand new residence: the plans are already crafted-a breathtaking 5,700 sq ft edifice, complete with a four-car garage and four sumptuous bedrooms, blending elegance with modern sophistication. A Dual Asset Advantage - Why choose between convenience and aspiration when you can have both? Retain the current home as an accessory building asset adding additional space while awaiting the completion of your custom build-an astute investment strategy that adds immediate value and flexibility. Nature's Grandeur at Your Doorstep - Surrounded by majestic, mature trees, the property offers serene beauty and privacy-an oasis to inspire creativity, tranquility, and timeless living. Join an Exclusive Community - Experience the prestige of Kingscross Estates-a place where heritage and refinement converge. This isn't merely real estate; it's an invitation to become part of an esteemed enclave. Act with Intention - This opportunity-melding existing structure, approved zoning, and impeccable design-is not just strategic; it's essential. The tenants are open to staying or vacating, offering you control over your next step. 10 Kingscross Drive isn't just a promising real estate listing-it's a platform for your legacy. Seize the moment and let your vision take root here.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$8,798.02/mo

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5-yr fixed avg.

Principal: $1,591,200Interest: $1,048,205
Mortgage Amount$1,591,200
Total Interest$1,048,205
Est. Property Tax$1,409/mo
Total Cost$2,639,405

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

10 Kingscross Drive, King

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
0.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$1,409
Insurance (est.)-$414
Net Cash Flow+$577

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

Premium Pricing

At $1808/sqft, this property is priced above the King average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Market Position

At 32 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

Investment Perspective

Looking at this as an investment: King properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $8,288 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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