142 Kingslynn Drive, King

Price: $1,548,800

3 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: N12947882

Opportunity knocks in prime King City. Ideally located at the south-east corner of Keele St. and King Rd., this property is surrounded by prestigious multi-million-dollar custom homes in a rapidly evolving neighbourhood.This beautifully renovated 3-bedroom bungalow has been completely refreshed, featuring new vinyl flooring throughout, a brand new kitchen with quartz countertops and stainless steel appliances, freshly painted interiors, and a stylish new 3-piece bathroom. A conveniently located stackable washer and dryer adds to the home's functional layout. Perfect for end-users or investors, the property offers immediate comfort with future potential in a highly desirable area. Conveniently located just minutes to Highway 400 and the King City GO Station for an easy commute to downtown Toronto. Situated within an excellent school district, close to top private schools including Country Day School and Villanova College, as well as highly regarded public schools. Just steps to historic downtown King City.

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$1,548,800 - 142 Kingslynn Drive, King

Detached for Sale in King

44 days on market
3Beds
1Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
N12947882
Property Type
Detached
Status
active
Days on Site
44
Bedrooms
3
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
King
Listing Brokerage
CENTURY 21 HERITAGE GROUP LTD.
Description

Opportunity knocks in prime King City. Ideally located at the south-east corner of Keele St. and King Rd., this property is surrounded by prestigious multi-million-dollar custom homes in a rapidly evolving neighbourhood.This beautifully renovated 3-bedroom bungalow has been completely refreshed, featuring new vinyl flooring throughout, a brand new kitchen with quartz countertops and stainless steel appliances, freshly painted interiors, and a stylish new 3-piece bathroom. A conveniently located stackable washer and dryer adds to the home's functional layout. Perfect for end-users or investors, the property offers immediate comfort with future potential in a highly desirable area. Conveniently located just minutes to Highway 400 and the King City GO Station for an easy commute to downtown Toronto. Situated within an excellent school district, close to top private schools including Country Day School and Villanova College, as well as highly regarded public schools. Just steps to historic downtown King City.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,850.86/mo

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5-yr fixed avg.

Principal: $1,239,040Interest: $816,219
Mortgage Amount$1,239,040
Total Interest$816,219
Est. Property Tax$1,097/mo
Total Cost$2,055,259

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

142 Kingslynn Drive, King

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
1.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$1,097
Insurance (est.)-$323
Net Cash Flow+$1,380

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 $2213/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 44 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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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 $6,453 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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