18415 Keele Street, King

Price: $1,100,000

3 bedrooms, 1 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: N12586300

It PAYS the mortgage. Opportunity with an excellent location that can't be beat. GTA , Highway 9 and 400 , 23 minutes to the 401! Good country Public school, bus stop, serviced, paved road. Very low traffic QUIET. 6 minutes to either Bradford or Newmarket for shopping, medical etc. Your chance to own an exceptional 4 acres Holland Marsh certified organic farm . 3brm house, 2 separate apartments, c/w shop. House is 2 storey, 3 bedroom, 1 bath, 2 entrances, new doors, gas furnace with a recent water heater, new countertop, utility block floor to joist insulated basement. Two apartments, newly renovated, 2000 sq ft living space, one upper, one lower. Both can be combined into one or separate units. Ideal for multi-generational living, rental potential, or on-site worker accommodations. The property also backs onto the canal. The upper apartment offers one large bedroom and an upper 10 x 10, glass surround den. Kitchen, three-piece bathroom, with hotel grade carpet with extra heavy 10 mm underlay. Stove, new fridge, walk-in laundry room with washer, dryer , folding table, shelving, elevated clothesline. Along with a balcony and yard space. The lower apartment is level on grade, not a basement, has 3 entrances, front foyer, hallway/shop and a patio door going out to the yard. Stacking washer and dryer, two door fridge, high-speed induction glass top stove. Quartz kitchen countertop. Both units share a 10 x 10 common entranceway with closet for coats, boots. Multiple parking spots available. They have natural gas. High efficiency furnace, recently serviced. Drilled well ,300' deep aquifier with a comprehensive filtration system incl. UV. 3 legal rental units including an engineered Butler building, steel lined shop. 200 amp buried service. All 3 units gas. Recreation area, fire pit, significantly distant from dwelling, secluded for personal expression.

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$1,100,000 - 18415 Keele Street, King

Detached for Sale in King

103 days on market
3Beds
1Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
N12586300
Property Type
Detached
Status
active
Days on Site
103
Bedrooms
3
Bathrooms
1
Square Feet
1,100 - 1,499 sqft
Neighbourhood
King
Listing Brokerage
AFFINITY GROUP PINNACLE REALTY LTD.
Description

It PAYS the mortgage. Opportunity with an excellent location that can't be beat. GTA , Highway 9 and 400 , 23 minutes to the 401! Good country Public school, bus stop, serviced, paved road. Very low traffic QUIET. 6 minutes to either Bradford or Newmarket for shopping, medical etc. Your chance to own an exceptional 4 acres Holland Marsh certified organic farm . 3brm house, 2 separate apartments, c/w shop. House is 2 storey, 3 bedroom, 1 bath, 2 entrances, new doors, gas furnace with a recent water heater, new countertop, utility block floor to joist insulated basement. Two apartments, newly renovated, 2000 sq ft living space, one upper, one lower. Both can be combined into one or separate units. Ideal for multi-generational living, rental potential, or on-site worker accommodations. The property also backs onto the canal. The upper apartment offers one large bedroom and an upper 10 x 10, glass surround den. Kitchen, three-piece bathroom, with hotel grade carpet with extra heavy 10 mm underlay. Stove, new fridge, walk-in laundry room with washer, dryer , folding table, shelving, elevated clothesline. Along with a balcony and yard space. The lower apartment is level on grade, not a basement, has 3 entrances, front foyer, hallway/shop and a patio door going out to the yard. Stacking washer and dryer, two door fridge, high-speed induction glass top stove. Quartz kitchen countertop. Both units share a 10 x 10 common entranceway with closet for coats, boots. Multiple parking spots available. They have natural gas. High efficiency furnace, recently serviced. Drilled well ,300' deep aquifier with a comprehensive filtration system incl. UV. 3 legal rental units including an engineered Butler building, steel lined shop. 200 amp buried service. All 3 units gas. Recreation area, fire pit, significantly distant from dwelling, secluded for personal expression.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,865.67/mo

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5-yr fixed avg.

Principal: $880,000Interest: $579,701
Mortgage Amount$880,000
Total Interest$579,701
Est. Property Tax$779/mo
Total Cost$1,459,701

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

18415 Keele Street, 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)
2.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$779
Insurance (est.)-$229
Net Cash Flow+$1,792

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 $1000/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 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.

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 $4,583 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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