32 Church Street Unit 307, King

Price: $549,990

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: N12720800

Welcome to 32 Church St Unit 307!! This bright and spacious freshly painted top-floor unit offers 2 generous bedrooms and 2 full bathrooms, perfect for comfortable living. Step out onto your private balcony and enjoy peaceful views of the beautifully landscaped garden below. This unit features ensuite laundry for added convenience, plus 2 parking spaces - 1 in the underground garage and 1 on the surface. A private storage locker is also included conveniently located in front of parking. Enjoy the ease of a well-maintained building and grounds, just a short stroll from shops, restaurants, parks, schools, and the library and recreation centre. Whether you're looking to unwind or stay active, you'll love the on-site amenities, including a fitness room, guest suites, party/meeting room, and visitor parking. Experience the perfect blend of comfort, convenience, and carefree living at Chestnut manor - your peaceful retreat in a prime location!

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$549,990 - 32 Church Street Unit 307, King

Condo for Sale in King

103 days on market
2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
N12720800
Property Type
Condo
Status
active
Days on Site
103
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
King
Locker
Owned
Exposure
North West
Balcony
Open
Listing Brokerage
ROYAL LEPAGE CITIZEN REALTY
Description

Welcome to 32 Church St Unit 307!! This bright and spacious freshly painted top-floor unit offers 2 generous bedrooms and 2 full bathrooms, perfect for comfortable living. Step out onto your private balcony and enjoy peaceful views of the beautifully landscaped garden below. This unit features ensuite laundry for added convenience, plus 2 parking spaces - 1 in the underground garage and 1 on the surface. A private storage locker is also included conveniently located in front of parking. Enjoy the ease of a well-maintained building and grounds, just a short stroll from shops, restaurants, parks, schools, and the library and recreation centre. Whether you're looking to unwind or stay active, you'll love the on-site amenities, including a fitness room, guest suites, party/meeting room, and visitor parking. Experience the perfect blend of comfort, convenience, and carefree living at Chestnut manor - your peaceful retreat in a prime location!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,821.73/mo

Includes CMHC insurance ($15,345)

$
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5-yr fixed avg.

Principal: $494,991Interest: $336,184
Mortgage Amount$510,336
Total Interest$336,184
Est. Property Tax$390/mo
Total Cost$846,520

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

32 Church Street Unit 307, King

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$390
Insurance (est.)-$115
Net Cash Flow+$1,205

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

Competitive Pricing

At $550/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 103 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.

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 $2,292 (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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