2075 King Rd Road Unit 123, King

Price: $649,000

2 bedrooms, 2 bathrooms

600 sqft

Property Type: Condo

MLS#: N12749062

Welcome to Suite 123, a beautifully designed 667 sq. ft. unit + private outdoor patio. A residence that blends modern comfort with upscale, custom finishes. Featuring 10-foot ceilings and floor-to-ceiling windows in the living area, this home is filled with natural light and offers an airy, sophisticated atmosphere.The open-concept kitchen has been fully upgraded, showcasing custom cabinetry extended to the ceiling, integrated appliances with full size stove and microwave , and a stunning custom quartz countertop island with seating for up to 10-perfect for entertaining, hosting, or everyday living. Thoughtfully designed custom closets throughout elevate both function and style. A spacious den offers versatility as a home office or guest space, while two full bathrooms provide added convenience and privacy. Step outside from your private ground floor entrance to your walk-out terrace, complete with a dedicated gas line for bbq and water bib, creating an ideal setting for outdoor dining, entertaining, or relaxing evenings at home. Residents of King Terraces enjoy access to a curated collection of amenities, including a resort-style pool, sauna, steam room, rooftop terrace, fitness centre, elegant party lounge, and 24-hour concierge service. Suite 123 is where luxury design meets everyday ease-a rare ground-floor retreat with exceptional upgrades and seamless indoor-outdoor living.

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$649,000 - 2075 King Rd Road Unit 123, King

Condo for Sale in King

102 days on market
2Beds
2Baths
600Sq Ft
Condo
Property Details
MLS Number
N12749062
Property Type
Condo
Status
active
Days on Site
102
Bedrooms
2
Bathrooms
2
Square Feet
600 sqft
Neighbourhood
King
Locker
Owned
Exposure
North
Balcony
Terrace
Listing Brokerage
REVEL REALTY INC.
Description

Welcome to Suite 123, a beautifully designed 667 sq. ft. unit + private outdoor patio. A residence that blends modern comfort with upscale, custom finishes. Featuring 10-foot ceilings and floor-to-ceiling windows in the living area, this home is filled with natural light and offers an airy, sophisticated atmosphere.The open-concept kitchen has been fully upgraded, showcasing custom cabinetry extended to the ceiling, integrated appliances with full size stove and microwave , and a stunning custom quartz countertop island with seating for up to 10-perfect for entertaining, hosting, or everyday living. Thoughtfully designed custom closets throughout elevate both function and style. A spacious den offers versatility as a home office or guest space, while two full bathrooms provide added convenience and privacy. Step outside from your private ground floor entrance to your walk-out terrace, complete with a dedicated gas line for bbq and water bib, creating an ideal setting for outdoor dining, entertaining, or relaxing evenings at home. Residents of King Terraces enjoy access to a curated collection of amenities, including a resort-style pool, sauna, steam room, rooftop terrace, fitness centre, elegant party lounge, and 24-hour concierge service. Suite 123 is where luxury design meets everyday ease-a rare ground-floor retreat with exceptional upgrades and seamless indoor-outdoor living.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,329.71/mo

Includes CMHC insurance ($18,107)

$
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5%10%50%

5-yr fixed avg.

Principal: $584,100Interest: $396,705
Mortgage Amount$602,207
Total Interest$396,705
Est. Property Tax$460/mo
Total Cost$998,912

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

2075 King Rd Road Unit 123, King

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$460
Insurance (est.)-$135
Net Cash Flow+$1,215

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 $1082/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 102 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 600 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.

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 $2,704 (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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