179 Ellis Avenue, King

Price: $1,999,000

4 bedrooms, 4 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: N12944092

Indulge in refined RESORT-STYLE LIVING in the prestigious community of Nobleton. Situated on an expansive 100 x 250 ft lot (approximately one acre), this exceptional 3+1 bedroom, 4-bath residence offers a fully finished walk-out basement and a private inground pool. Inside, the home features a dramatic sunken living room with floor-to-ceiling windows, a chef-inspired kitchen complete with a tin ceiling, center island, and walkout to the deck, and a warm, inviting family room with a coffered ceiling, fireplace, and tranquil views of the pool. The primary suite includes a private ensuite and walk-in closet, while a bright solarium provides an ideal space for a home office or gym. The walk-out basement is perfectly suited for extended living, offering a second kitchen, a spacious family room with fireplace, an additional bedroom, and direct access to the backyard. Outdoors, the fully fenced property is designed for both relaxation and entertaining, featuring an inground pool, patio, deck, and a charming treehouse. A circular horseshoe driveway, 2-car garage, and parking for up to 12 vehicles add to the convenience. Additional highlights include pot lights, custom tilework, central air conditioning, and central vacuum. This is a rare opportunity to enjoy luxury living with resort-style amenities in a highly sought-after location.

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$1,999,000 - 179 Ellis Avenue, King

Detached for Sale in King

44 days on market
4Beds
4Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
N12944092
Property Type
Detached
Status
active
Days on Site
44
Bedrooms
4
Bathrooms
4
Square Feet
3,000 - 3,499 sqft
Neighbourhood
King
Lot Size
25,000 sqft
Listing Brokerage
TEAM PANAG REAL ESTATE INC.
Description

Indulge in refined RESORT-STYLE LIVING in the prestigious community of Nobleton. Situated on an expansive 100 x 250 ft lot (approximately one acre), this exceptional 3+1 bedroom, 4-bath residence offers a fully finished walk-out basement and a private inground pool. Inside, the home features a dramatic sunken living room with floor-to-ceiling windows, a chef-inspired kitchen complete with a tin ceiling, center island, and walkout to the deck, and a warm, inviting family room with a coffered ceiling, fireplace, and tranquil views of the pool. The primary suite includes a private ensuite and walk-in closet, while a bright solarium provides an ideal space for a home office or gym. The walk-out basement is perfectly suited for extended living, offering a second kitchen, a spacious family room with fireplace, an additional bedroom, and direct access to the backyard. Outdoors, the fully fenced property is designed for both relaxation and entertaining, featuring an inground pool, patio, deck, and a charming treehouse. A circular horseshoe driveway, 2-car garage, and parking for up to 12 vehicles add to the convenience. Additional highlights include pot lights, custom tilework, central air conditioning, and central vacuum. This is a rare opportunity to enjoy luxury living with resort-style amenities in a highly sought-after location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$8,842.25/mo

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5-yr fixed avg.

Principal: $1,599,200Interest: $1,053,475
Mortgage Amount$1,599,200
Total Interest$1,053,475
Est. Property Tax$1,416/mo
Total Cost$2,652,675

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

179 Ellis Avenue, King

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,800/mo
Range: $3,230 - $4,370
Cap Rate (ROI)
1.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,800
Maintenance Fees-$0
Property Tax (est.)-$1,416
Insurance (est.)-$416
Net Cash Flow+$1,968

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 $666/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.

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.

Larger Home Realities

At 3,000 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.

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.

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