221 Burton Grove N/A, King

Price: $4,500,000

7 bedrooms, 10 bathrooms

5,000+ sqft

Property Type: Detached

MLS#: N12902716

Set in the heart of King City, this refined 5+2 bedroom smart home offers a thoughtfully designed layout with premium finishes throughout. The residence is equipped with a private elevator, home theatre, dedicated gym, sauna, oversized mudroom, and a heated driveway for added year-round convenience. Each bedroom features custom built-in closets and a private ensuite. The chef's kitchen is appointed with premium Wolf appliances and is well suited for both everyday living and entertaining. An above-ground walk-out basement enhances natural light and provides flexible space for extended living or guests. Situated on a 100 x 223 ft lot, the property offers a private backyard complete with a pool. Ideally located just minutes from the GO Station, acclaimed dining, and prestigious private schools.

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$4,500,000 - 221 Burton Grove N/A, King

Detached for Sale in King

56 days on market
7Beds
10Baths
5,000+Sq Ft
Detached
Property Details
MLS Number
N12902716
Property Type
Detached
Status
active
Days on Site
56
Bedrooms
7
Bathrooms
10
Square Feet
5,000+ sqft
Neighbourhood
King
Listing Brokerage
THE AGENCY
Description

Set in the heart of King City, this refined 5+2 bedroom smart home offers a thoughtfully designed layout with premium finishes throughout. The residence is equipped with a private elevator, home theatre, dedicated gym, sauna, oversized mudroom, and a heated driveway for added year-round convenience. Each bedroom features custom built-in closets and a private ensuite. The chef's kitchen is appointed with premium Wolf appliances and is well suited for both everyday living and entertaining. An above-ground walk-out basement enhances natural light and provides flexible space for extended living or guests. Situated on a 100 x 223 ft lot, the property offers a private backyard complete with a pool. Ideally located just minutes from the GO Station, acclaimed dining, and prestigious private schools.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$19,905.02/mo

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5%20%50%

5-yr fixed avg.

Principal: $3,600,000Interest: $2,371,505
Mortgage Amount$3,600,000
Total Interest$2,371,505
Est. Property Tax$3,188/mo
Total Cost$5,971,505

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

221 Burton Grove N/A, King

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$6,000/mo
Range: $5,100 - $6,900
Cap Rate (ROI)
0.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$6,000
Maintenance Fees-$0
Property Tax (est.)-$3,188
Insurance (est.)-$938
Net Cash Flow+$1,874

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 $900/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 56 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.

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.

Excellent Flexibility

With 7 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in King.

Bathroom Count Matters

With 10 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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