122 Burns Boulevard, King

Price: $2,980,000

6 bedrooms, 5 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: N12891528

Nestled on a premium 88' wide ravine lot, this spectacular 3-car garage custom executive home offers over 4000 sqft of luxurious living with a professionally finished walkout basement overlooking a serene ravine. This beautifully crafted two-storey detached home delivers elegance and functionality in one of King City's most desirable communities. Step inside to a grand foyer with large porcelain tile flooring, soaring 10-foot ceilings on the main level, creating a bright and airy setting. Rich handscraped hardwood floors run throughout all principal living areas, hallways, and bedrooms, complemented by extensive molding, wainscoting, and refined millwork throughout the home. Designed for both entertaining and everyday living.The home features elegant formal living and dining areas along with a dramatic family room with waffle ceiling, double-sided fireplaces. The chef's kitchen showcases a large centre island, premium cabinetry, and panoramic ravine views, complete with Sub-Zero Wolf appliances, the spacious breakfast area overlooks the lush natural setting. Upstairs, enjoy 9 foot ceilings andfour spacious bedrooms, each with their own private ensuite bathroom wit heated floors and walkin closet. The luxurious primary retreat features a double-sided gas fireplace shared with thespa-like ensuite. A second-floor laundry room adds everyday practicality, with an additional laundry area located in the basement. The finished walkout basement extends the living spacewith large recreation area with a wet bar, multiple rooms and direct access to the gorgeous landscaped backyard oasis featuring a large elevated deck, and a heated swim spa tucked beneath the deck for year round relaxation. The large driveway with no sidewalk allows parking for upto six vehicles in addition to the 3-car garage. Located minutes from King City GO Station ,Highway 400, boutique shops, fine dining, supermarkets, new Zancor Centre, scenic trails offering a balance of nature and lifestyle.

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$2,980,000 - 122 Burns Boulevard, King

Detached for Sale in King

58 days on market
6Beds
5Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
N12891528
Property Type
Detached
Status
active
Days on Site
58
Bedrooms
6
Bathrooms
5
Square Feet
3,500 - 3,999 sqft
Neighbourhood
King
Listing Brokerage
CENTURY 21 ATRIA REALTY INC.
Description

Nestled on a premium 88' wide ravine lot, this spectacular 3-car garage custom executive home offers over 4000 sqft of luxurious living with a professionally finished walkout basement overlooking a serene ravine. This beautifully crafted two-storey detached home delivers elegance and functionality in one of King City's most desirable communities. Step inside to a grand foyer with large porcelain tile flooring, soaring 10-foot ceilings on the main level, creating a bright and airy setting. Rich handscraped hardwood floors run throughout all principal living areas, hallways, and bedrooms, complemented by extensive molding, wainscoting, and refined millwork throughout the home. Designed for both entertaining and everyday living.The home features elegant formal living and dining areas along with a dramatic family room with waffle ceiling, double-sided fireplaces. The chef's kitchen showcases a large centre island, premium cabinetry, and panoramic ravine views, complete with Sub-Zero Wolf appliances, the spacious breakfast area overlooks the lush natural setting. Upstairs, enjoy 9 foot ceilings andfour spacious bedrooms, each with their own private ensuite bathroom wit heated floors and walkin closet. The luxurious primary retreat features a double-sided gas fireplace shared with thespa-like ensuite. A second-floor laundry room adds everyday practicality, with an additional laundry area located in the basement. The finished walkout basement extends the living spacewith large recreation area with a wet bar, multiple rooms and direct access to the gorgeous landscaped backyard oasis featuring a large elevated deck, and a heated swim spa tucked beneath the deck for year round relaxation. The large driveway with no sidewalk allows parking for upto six vehicles in addition to the 3-car garage. Located minutes from King City GO Station ,Highway 400, boutique shops, fine dining, supermarkets, new Zancor Centre, scenic trails offering a balance of nature and lifestyle.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$13,181.55/mo

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5-yr fixed avg.

Principal: $2,384,000Interest: $1,570,464
Mortgage Amount$2,384,000
Total Interest$1,570,464
Est. Property Tax$2,111/mo
Total Cost$3,954,464

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

122 Burns Boulevard, King

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,850/mo
Range: $4,123 - $5,578
Cap Rate (ROI)
0.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,850
Maintenance Fees-$0
Property Tax (est.)-$2,111
Insurance (est.)-$621
Net Cash Flow+$2,118

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

Fair Market Value

At $851/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.

Negotiation Opportunity

At 58 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.

Excellent Flexibility

With 6 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 5 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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