$4,180,000 - 115 Carmichael Crescent, King
Detached for Sale in King
Popular Listing- MLS Number
- N13225662
- Property Type
- Detached
- Status
- active
- Days on Site
- 9
- Bedrooms
- 5
- Bathrooms
- 8
- Square Feet
- 5,000+ sqft
- Neighbourhood
- King
- Listing Brokerage
- ROYAL LEPAGE PEACELAND STEVEN SUN REALTY
Treasure Hill 8-Yr-New Estate in Prestigious King City Luxury Enclave! 80*160 Ft Ravine Lot, Over 8,000 Sq Ft Of Luxury Living Space, Meticulously maintained 4+1 bed, 8 bath home boasts 10ft main/9ft 2nd ceilings & 2 soaring open-to-above areas & Soaring 14 Ft tray ceiling in Family Rm & Primary Rm. Car enthusiast's dream 4-car garage (3 bays w/1 tandem drive-through) on a freshly sealed driveway. Backs onto premium slope & Seneca trail. Surrounded by top-tier private schools!Features HRV, US-made Crestron Smart Home (phone-controlled climate/multi-zone audio/Security/ Lights) & exquisite RH (Restoration Hardware) lighting. Elite chef's kitchen w/48" Sub-Zero fridge, 48" Wolf range & hood, built-in Wolf oven & Microwave, ASKO dishwasher.Walk-Up Basement offers a gym, full Karaoke room w/JBL sound, 2nd full kitchen (fridge, stove, hood, dishwasher) & guest suite. Convenient 2nd-flr laundry + basement rough-in. Resort-like interlock yard w/stone floor fire pit & hot tub. Premium lifestyle & nature combined, mins to Hwy 400!
Estimate your monthly payments for this property
Estimated Payment
$18,489.55/mo
5-yr fixed avg.
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.
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
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.
115 Carmichael Crescent, King
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $836/sqft, this property is priced in line with current King market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
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 5,000 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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in King.
Bathroom Count Matters
With 8 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.
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 $17,417 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.