$2,200,000 - 115 Fog Road, King
Detached for Sale in King
39 days on market- MLS Number
- N12961442
- Property Type
- Detached
- Status
- active
- Days on Site
- 39
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- King
- Listing Brokerage
- EXP REALTY
The Painters Hollow: A Mid-Century Masterpiece in the Heart of King Nestled on a prestigious cul-de-sac within the rolling hills of King City, this one of a kind 4 bedroom estate offers a rare blend of Canadian artistic legacy & sophisticated luxury. Originally the sanctuary of Painters Eleven founder Oscar Cahén, this hidden oasis provides a tranquil lifestyle surrounded by mature forests, 30 minutes from the city. This sprawling 5 acre rural estate with 250+ foot frontage offers unparalleled privacy and a true retreat experience. Inside, 4,456 square feet of finished living space is bathed in natural light, featuring a spectacular great room18 foot vaulted ceilings, a massive stone fireplace, & a premium Valor gas insert. Meticulously updated, the home features spray foam insulation, lifetime warranty aluminum roof, & high efficient mechanicals 2022 furnace & 2020 A/C. Designed for multi-generational living, the layout boasts a primary main-floor wing serving as a private sanctuary with a walk-in closet, 4-pc ensuite with standalone tub, & a private living area with its own fireplace. Step out to a screened-in Muskoka room with western exposure, complete with a hot tub rough-in, to enjoy serene sunsets. The main level also features a dedicated office/studio, formal dining, a sunroom with a wood-burning stove, 10 W/Os leading to enchanting forest paths. The finished walk-out basement, double garage, & separate studio offer the perfect footprint for professional home offices. Modern comforts include a tankless water heater, UV filtration, & whole-home softener. Situated among multi-million dollar custom homes in an elite York Region enclave, this property is mins from Villanova College, Country Day School, & the King City GO Station. An extraordinary opportunity to own a piece of Canadian history on a premier lot, ready to complement your next chapter in one of the GTA's most desirable communities.
Estimate your monthly payments for this property
Estimated Payment
$9,731.34/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 Fog Road, King
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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 $880/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.
Market Position
At 39 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.
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 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.
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 $9,167 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.