2075 King Road Unit 249, King

Price: $599,999

1 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: N12715212

Welcome to a never-lived-in, beautifully designed residence in one of King City's most sought-after boutique communities. This pristine suite offers a refined blend of modern design, smart functionality, and everyday comfort, with upscale finishes and a clean, contemporary aesthetic from the moment you enter.The open-concept kitchen is both elegant and efficient, featuring quartz countertops, integrated appliances, and sleek modern cabinetry. It seamlessly connects to the bright living and dining area-ideal for entertaining, relaxing, or daily living. Floor-to-ceiling windows flood the space with natural light, showcasing the southwest exposure and enhancing the airy, polished layout.The bedroom provides a peaceful private retreat, while the thoughtfully planned layout adapts effortlessly to today's lifestyle-whether working from home, hosting guests, or unwinding at the end of the day. A beautifully finished bathroom with modern fixtures completes the suite. Includes parking and locker.Residents of King Terraces enjoy resort-inspired amenities: rooftop terrace, state-of-the-art fitness centre, steam room, sauna, pool room, luxury party room, children's playroom, private guest suite, on-site dog wash, and 24-hour concierge for added convenience and peace of mind.Perfectly located minutes from top-rated schools, parks, shopping, dining, Hwy 400 & 404, and everyday essentials, this vibrant yet tranquil community offers exceptional lifestyle and connectivity. A rare opportunity to own a turnkey, never-occupied home in a highly desirable building.

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$599,999 - 2075 King Road Unit 249, King

Condo for Sale in King

73 days on market
1Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
N12715212
Property Type
Condo
Status
active
Days on Site
73
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
King
Locker
Owned
Exposure
West
Balcony
Terrace
Listing Brokerage
ENGEL & VOLKERS TORONTO CITY
Description

Welcome to a never-lived-in, beautifully designed residence in one of King City's most sought-after boutique communities. This pristine suite offers a refined blend of modern design, smart functionality, and everyday comfort, with upscale finishes and a clean, contemporary aesthetic from the moment you enter.The open-concept kitchen is both elegant and efficient, featuring quartz countertops, integrated appliances, and sleek modern cabinetry. It seamlessly connects to the bright living and dining area-ideal for entertaining, relaxing, or daily living. Floor-to-ceiling windows flood the space with natural light, showcasing the southwest exposure and enhancing the airy, polished layout.The bedroom provides a peaceful private retreat, while the thoughtfully planned layout adapts effortlessly to today's lifestyle-whether working from home, hosting guests, or unwinding at the end of the day. A beautifully finished bathroom with modern fixtures completes the suite. Includes parking and locker.Residents of King Terraces enjoy resort-inspired amenities: rooftop terrace, state-of-the-art fitness centre, steam room, sauna, pool room, luxury party room, children's playroom, private guest suite, on-site dog wash, and 24-hour concierge for added convenience and peace of mind.Perfectly located minutes from top-rated schools, parks, shopping, dining, Hwy 400 & 404, and everyday essentials, this vibrant yet tranquil community offers exceptional lifestyle and connectivity. A rare opportunity to own a turnkey, never-occupied home in a highly desirable building.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,078.31/mo

Includes CMHC insurance ($16,740)

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5-yr fixed avg.

Principal: $539,999Interest: $366,753
Mortgage Amount$556,739
Total Interest$366,753
Est. Property Tax$425/mo
Total Cost$923,492

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 Road Unit 249, King

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$325
Property Tax (est.)-$425
Insurance (est.)-$125
Net Cash Flow+$925

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

Premium Pricing

At $1200/sqft, this property is priced above the King average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

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.

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 500 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 $2,500 (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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