$4,880,000 - 256 Patricia Drive, King
Detached for Sale in King
- MLS Number
- N13147954
- Property Type
- Detached
- Status
- active
- Days on Site
- 24
- Bedrooms
- 6
- Bathrooms
- 8
- Square Feet
- 5,000+ sqft
- Neighbourhood
- King
- Listing Brokerage
- LPT REALTY
As You Arrive At This Distinguished Address, The Residence Commands Attention. A Masterfully Composed Estate Defined By Architectural Integrity & Bespoke Detailing, This Over 9,000 Sqft Home Blends Neo-Classical Elegance With Contemporary Luxury, Delivering A Refined Expression Of Scale &Craftsmanship On A Coveted 100 X 180 Ft Lot In Prestigious King City. Completed In 2019, The Home Presents A Striking Limestone & Stucco Exterior Complemented By A 3-Car Garage & Expansive 10-Car Driveway. Inside, A Dramatic 11-Ft Foyer Introduces Open-Concept Interiors Enriched By Custom Millwork, Curated Finishes & Seamless Flow Throughout. The Chef's Kitchen Is Impeccably Appointed With Sub-Zero & Wolf Appliances, Granite Surfaces & Bespoke Cabinetry, Opening Into Graceful Living & Dining Areas Anchored By Statement Stone Fireplaces & Refined Architectural Details. Throughout The Main Level, Thoughtful Design Enhances Functionality, Featuring A Well-Equipped Mudroom With Dog Wash Station, Private Library, Custom Laundry & In-House Elevator. A Grand Wrought-Iron Staircase Serves As A Sculptural Centrepiece, Connecting All Levels With Elegance. The Upper Level Offers 5 Bedrooms, Each With Ensuite Access, Including A Luxurious Primary Retreat With Spa-Inspired Marble Bath & Custom Walk-In Dressing Room. The Fully-Finished Walk-Up Lower Level, With Elevated Ceilings & In-Floor Heating, Extends The Home's Living Space With A Classic Wine Bar, Theatre, Sauna, Recreation Lounge, Nanny Suite & Access To A Heated Terrace, Ideal For Entertaining Or Multi-Generational Living. Outdoors, A Stone Terrace & Lush Yard Provide A Tranquil Extension Of The Home. Smart Home Integration, Dual HVAC, Surveillance & Whole-Home Audio Complete This Exceptional Offering. This Is More Than An Estate, It's A Residence Where Every Detail Has Been Carefully Considered, Where Comfort & Sophistication Exist In Perfect Harmony & Where Home Is Experienced At Its Highest Level.
Estimate your monthly payments for this property
Estimated Payment
$21,585.89/mo
5-yr fixed avg.
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.
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
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.
256 Patricia Drive, King
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $976/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.
Market Position
At 24 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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 6 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 8 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.