115 Patricia Drive, King

Price: $6,388,000

7 bedrooms, 9 bathrooms

5,000+ sqft

Property Type: Detached

MLS#: N12444202

The Harmonious Twist Of Modern Design & Elegance Is Awe-Inspiring. The Layout Is Perfect! Dramatic Finishes & Details, From The Modern Steel Staircase To The Two Story European-Style Windows. The Ability To Make Modern Feel Warm Is Present As It Is Profound. Heated Concrete Drive-Way. 4 Car Garage. Pool, Cabana, Hot Tub, BBQ Station & Intricate Lighting Features Will "WOW" You! Irrigation, Surveillance & Security Systems. Smart Home System To Help Navigate All 5858 Sq.ft. Above Ground. In-wall Speakers, Electric Window Coverings & Designers Dream Lighting Fixtures + Build In LEDs. Heated Porcelain & Wood Floors Open Up To A Massive Kitchen Adorned With Miele Appliances, Centre Island & A Hidden Massive Pantry. Glass Bolstered Railings Guide You Up To 5 bedrooms Each Featuring Their Own Private Ensuite & Walk In Closet. The Primary Bedroom Boasts A Massive Spa Worthy Ensuite & Private Terrace Overlooking The Entertainers Dream Pool Area. Mature Trees Surround You In Privacy! The Lower Level Features 2 Additional Bedrooms, A Gym With Juice Bar & A Theatre Room! Walk Up From Lower Level To Back Yard. Minutes To Shopping, Parks, Schools & Public Transportation. The Perfect Family Home, Custom Built For The Most Driven, Who Deserve To Spoil Themselves. A Family Location In Beautiful King City!

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$6,388,000 - 115 Patricia Drive, King

Detached for Sale in King

103 days on market
7Beds
9Baths
5,000+Sq Ft
Detached
Property Details
MLS Number
N12444202
Property Type
Detached
Status
active
Days on Site
103
Bedrooms
7
Bathrooms
9
Square Feet
5,000+ sqft
Neighbourhood
King
Lot Size
13,772 sqft
Listing Brokerage
REMAX YOUR COMMUNITY REALTY
Description

The Harmonious Twist Of Modern Design & Elegance Is Awe-Inspiring. The Layout Is Perfect! Dramatic Finishes & Details, From The Modern Steel Staircase To The Two Story European-Style Windows. The Ability To Make Modern Feel Warm Is Present As It Is Profound. Heated Concrete Drive-Way. 4 Car Garage. Pool, Cabana, Hot Tub, BBQ Station & Intricate Lighting Features Will "WOW" You! Irrigation, Surveillance & Security Systems. Smart Home System To Help Navigate All 5858 Sq.ft. Above Ground. In-wall Speakers, Electric Window Coverings & Designers Dream Lighting Fixtures + Build In LEDs. Heated Porcelain & Wood Floors Open Up To A Massive Kitchen Adorned With Miele Appliances, Centre Island & A Hidden Massive Pantry. Glass Bolstered Railings Guide You Up To 5 bedrooms Each Featuring Their Own Private Ensuite & Walk In Closet. The Primary Bedroom Boasts A Massive Spa Worthy Ensuite & Private Terrace Overlooking The Entertainers Dream Pool Area. Mature Trees Surround You In Privacy! The Lower Level Features 2 Additional Bedrooms, A Gym With Juice Bar & A Theatre Room! Walk Up From Lower Level To Back Yard. Minutes To Shopping, Parks, Schools & Public Transportation. The Perfect Family Home, Custom Built For The Most Driven, Who Deserve To Spoil Themselves. A Family Location In Beautiful King City!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$28,256.28/mo

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5-yr fixed avg.

Principal: $5,110,400Interest: $3,366,484
Mortgage Amount$5,110,400
Total Interest$3,366,484
Est. Property Tax$4,525/mo
Total Cost$8,476,884

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

115 Patricia Drive, King

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$6,000/mo
Range: $5,100 - $6,900
Cap Rate (ROI)
0.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$6,000
Maintenance Fees-$0
Property Tax (est.)-$4,525
Insurance (est.)-$1,331
Net Cash Flow+$144

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 $1278/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.

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 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 7 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 9 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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