19 Heart Lake Circle Unit Lot 9N, King

Price: $2,449,990

4 bedrooms, 5 bathrooms

5,000+ sqft

Property Type: Detached

MLS#: N13146416

Brand New Luxury Detached Home - Oxford Model (Elevation C) In The Prestigious Kings Calling Community In King City. Offering Approximately 5,000+ Sq Ft Of Elegant Living Space, This Home Features 4 Spacious Bedrooms And 4.5 Bathrooms, Designed With A Functional And Sophisticated Layout. Enjoy A Bright Open-Concept Main Floor With Large Principal Rooms, A Gourmet Kitchen Perfect For Entertaining, And High-End Finishes Throughout. The Primary Suite Offers A Spa- Inspired Ensuite And Walk-In Closet. Premium Appliance Package Included. Situated On A Beautiful Lot In A Prime Location Close To Top Schools, Parks, Transit, And All Amenities. A Rare Opportunity To Own A Move-In Ready Luxury Home In One Of King City's Most Sought-After Communities.

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$2,449,990 - 19 Heart Lake Circle Unit Lot 9N, King

Detached for Sale in King

41 days on market
4Beds
5Baths
5,000+Sq Ft
Detached
Property Details
MLS Number
N13146416
Property Type
Detached
Status
active
Days on Site
41
Bedrooms
4
Bathrooms
5
Square Feet
5,000+ sqft
Neighbourhood
King
Listing Brokerage
INTERCITY REALTY INC.
Description

Brand New Luxury Detached Home - Oxford Model (Elevation C) In The Prestigious Kings Calling Community In King City. Offering Approximately 5,000+ Sq Ft Of Elegant Living Space, This Home Features 4 Spacious Bedrooms And 4.5 Bathrooms, Designed With A Functional And Sophisticated Layout. Enjoy A Bright Open-Concept Main Floor With Large Principal Rooms, A Gourmet Kitchen Perfect For Entertaining, And High-End Finishes Throughout. The Primary Suite Offers A Spa- Inspired Ensuite And Walk-In Closet. Premium Appliance Package Included. Situated On A Beautiful Lot In A Prime Location Close To Top Schools, Parks, Transit, And All Amenities. A Rare Opportunity To Own A Move-In Ready Luxury Home In One Of King City's Most Sought-After Communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$10,837.13/mo

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5-yr fixed avg.

Principal: $1,959,992Interest: $1,291,148
Mortgage Amount$1,959,992
Total Interest$1,291,148
Est. Property Tax$1,735/mo
Total Cost$3,251,140

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

19 Heart Lake Circle Unit Lot 9N, King

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,800/mo
Range: $4,080 - $5,520
Cap Rate (ROI)
1.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,800
Maintenance Fees-$0
Property Tax (est.)-$1,735
Insurance (est.)-$510
Net Cash Flow+$2,555

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 $490/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 41 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 5,000 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 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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    19 Heart Lake Circle Unit Lot 9N, King | $2,449,990 | Battaglia Team