2075 King Road Unit 424, King

Price: $819,990

2 bedrooms, 2 bathrooms

600 sqft

Property Type: Condo

MLS#: N12433656

Welcome to Suite 424, a thoughtfully designed 688 sq. ft. split-bedroom residence that combines functionality with modern style. With its north-facing exposure, this home offers a calm and balanced atmosphere, ideal for everyday living. The open-concept kitchen is finished with quartz countertops, integrated appliances, and sleek cabinetry, flowing into a bright living and dining area that maximizes space and comfort. The split-bedroom layout ensures privacy, with the primary bedroom featuring a private ensuite and the second bedroom conveniently located near the second full bathroom. Perfect for couples, small families, or professionals, this suite delivers both comfort and flexibility. As an owner at King Terraces, you'll enjoy resort-inspired amenities, including a rooftop terrace, outdoor pool, state-of-the-art fitness centre, stylish party lounge, and 24-hour concierge service. With top-rated schools, parks, shopping, and dining just minutes away, everything you need is right at your doorstep. King Terraces is a welcoming community, ideal for families, young professionals, or anyone seeking a peaceful yet vibrant atmosphere. This is where you can create memories, build your future, and truly live your best life. Suite 424 is a smart and stylish opportunity combining privacy, practicality, and modern finishes in one inviting home.

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$819,990 - 2075 King Road Unit 424, King

Condo for Sale in King

105 days on market
2Beds
2Baths
600Sq Ft
Condo
Property Details
MLS Number
N12433656
Property Type
Condo
Status
active
Days on Site
105
Bedrooms
2
Bathrooms
2
Square Feet
600 sqft
Neighbourhood
King
Locker
Owned
Exposure
North
Balcony
Enclosed
Listing Brokerage
INTERCITY REALTY INC.
Description

Welcome to Suite 424, a thoughtfully designed 688 sq. ft. split-bedroom residence that combines functionality with modern style. With its north-facing exposure, this home offers a calm and balanced atmosphere, ideal for everyday living. The open-concept kitchen is finished with quartz countertops, integrated appliances, and sleek cabinetry, flowing into a bright living and dining area that maximizes space and comfort. The split-bedroom layout ensures privacy, with the primary bedroom featuring a private ensuite and the second bedroom conveniently located near the second full bathroom. Perfect for couples, small families, or professionals, this suite delivers both comfort and flexibility. As an owner at King Terraces, you'll enjoy resort-inspired amenities, including a rooftop terrace, outdoor pool, state-of-the-art fitness centre, stylish party lounge, and 24-hour concierge service. With top-rated schools, parks, shopping, and dining just minutes away, everything you need is right at your doorstep. King Terraces is a welcoming community, ideal for families, young professionals, or anyone seeking a peaceful yet vibrant atmosphere. This is where you can create memories, build your future, and truly live your best life. Suite 424 is a smart and stylish opportunity combining privacy, practicality, and modern finishes in one inviting home.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,206.97/mo

Includes CMHC insurance ($22,878)

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5-yr fixed avg.

Principal: $737,991Interest: $501,223
Mortgage Amount$760,869
Total Interest$501,223
Est. Property Tax$581/mo
Total Cost$1,262,092

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 424, 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)
1.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$581
Insurance (est.)-$171
Net Cash Flow+$1,058

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 $1367/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 105 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 $3,417 (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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