155 Dennison Street, King

Price: $1,999,999

4 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: N12779222

An extraordinary and rarely offered opportunity to secure a spectacular 0.914-acre ravine lot in one of King Township's most prestigious and sought-after neighbourhoods. Spanning approximately 39,815 sq ft as per MPAC and boasting an impressive 247 feet of frontage, this expansive property presents the ideal canvas to design and build a truly remarkable custom estate. This cleared lot showcases breathtaking natural ravine views, mature surroundings, and exceptional privacy, offering a serene retreat while maintaining a refined, estate-like presence. The generous frontage and depth provide flexibility for a grand architectural vision, landscaped grounds, and luxurious outdoor living spaces. Ideally positioned just minutes from the Village core, top-tier public and private schools, GO Transit, and convenient access to Highway 400, this property seamlessly blends tranquility with accessibility. A rare chance to create a legacy residence in one of King's most exclusive enclaves. Seller open to VTB options.

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$1,999,999 - 155 Dennison Street, King

Detached for Sale in King

73 days on market
4Beds
4Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
N12779222
Property Type
Detached
Status
active
Days on Site
73
Bedrooms
4
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
King
Listing Brokerage
RE/MAX PREMIER THE OP TEAM
Description

An extraordinary and rarely offered opportunity to secure a spectacular 0.914-acre ravine lot in one of King Township's most prestigious and sought-after neighbourhoods. Spanning approximately 39,815 sq ft as per MPAC and boasting an impressive 247 feet of frontage, this expansive property presents the ideal canvas to design and build a truly remarkable custom estate. This cleared lot showcases breathtaking natural ravine views, mature surroundings, and exceptional privacy, offering a serene retreat while maintaining a refined, estate-like presence. The generous frontage and depth provide flexibility for a grand architectural vision, landscaped grounds, and luxurious outdoor living spaces. Ideally positioned just minutes from the Village core, top-tier public and private schools, GO Transit, and convenient access to Highway 400, this property seamlessly blends tranquility with accessibility. A rare chance to create a legacy residence in one of King's most exclusive enclaves. Seller open to VTB options.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$8,846.67/mo

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5-yr fixed avg.

Principal: $1,599,999Interest: $1,054,002
Mortgage Amount$1,599,999
Total Interest$1,054,002
Est. Property Tax$1,417/mo
Total Cost$2,654,001

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

155 Dennison Street, King

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,550/mo
Range: $3,018 - $4,082
Cap Rate (ROI)
1.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,550
Maintenance Fees-$0
Property Tax (est.)-$1,417
Insurance (est.)-$417
Net Cash Flow+$1,716

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

Competitive Pricing

At $800/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 73 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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to King. Good resale value as demand remains consistent.

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 $8,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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