250 Kingscross Drive, King

Price: $2,598,888

4 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: N13451238

A Rare Opportunity in Prestigious KingsCross Estates! Set on an extraordinary 2.63-acre lot with an impressive 522 feet of frontage, this exceptional property is surrounded by magnificent multi-million-dollar estates and offers outstanding value in one of King City's most coveted enclaves. A true dream retreat with endless potential for luxury end users or a vision for development, the modern raised bungalow showcases expansive open-concept living spaces filled with natural light, multiple walk-outs to terraces and patios with breathtaking nature views, and a chef-inspired kitchen featuring a grand island, abundant counter space, and premium appliances. The finished lower level includes a private guest suite, an oversized recreation room, and direct walk-out access to a spectacular backyard oasis with a sparkling saltwater pool. Combining unmatched privacy, tranquillity, and limitless possibilities, this is a truly rare offering in a premier location.

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active
New Listing
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$2,598,888 - 250 Kingscross Drive, King

Detached for Sale in King

New — Listed yesterday
4Beds
3Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
N13451238
Property Type
Detached
Status
active
Days on Site
1
Bedrooms
4
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
King
Lot Size
3 sqft
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

A Rare Opportunity in Prestigious KingsCross Estates! Set on an extraordinary 2.63-acre lot with an impressive 522 feet of frontage, this exceptional property is surrounded by magnificent multi-million-dollar estates and offers outstanding value in one of King City's most coveted enclaves. A true dream retreat with endless potential for luxury end users or a vision for development, the modern raised bungalow showcases expansive open-concept living spaces filled with natural light, multiple walk-outs to terraces and patios with breathtaking nature views, and a chef-inspired kitchen featuring a grand island, abundant counter space, and premium appliances. The finished lower level includes a private guest suite, an oversized recreation room, and direct walk-out access to a spectacular backyard oasis with a sparkling saltwater pool. Combining unmatched privacy, tranquillity, and limitless possibilities, this is a truly rare offering in a premier location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$11,495.76/mo

$
$
5%20%50%

5-yr fixed avg.

Principal: $2,079,110Interest: $1,369,617
Mortgage Amount$2,079,110
Total Interest$1,369,617
Est. Property Tax$1,841/mo
Total Cost$3,448,727

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

250 Kingscross Drive, King

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,300/mo
Range: $2,805 - $3,795
Cap Rate (ROI)
0.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,300
Maintenance Fees-$0
Property Tax (est.)-$1,841
Insurance (est.)-$541
Net Cash Flow+$918

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 $1299/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.

Just Listed - Act Strategically

This property hit the market within the last week. In King's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

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 3 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.

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 $10,829 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    250 Kingscross Drive, King | $2,598,888 | Battaglia Team