3280 19th Side Road, King

Price: $3,490,000

6 bedrooms, 5 bathrooms

3,500 - 3,999 sqft

Property Type: Multi-Family

MLS#: N12833778

78 Acres of prime King farmland with dual residences, strategically located near Hwy 400 with great long term investment potential. Ideal for family estates, equestrian haven, or strategic land holdings. Currently farmed with cash crop, property includes barn, drive shed and two residences attached attached together including a 5 bedroom farm house and a large 2 bedroom bungalow built in 2009 with ample basement space for additional living needs. Square footage is approximately 4300 including both residence. Property features a freshwater stocked pond, 2 level barn and paddock area for live stock.

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$3,490,000 - 3280 19th Side Road, King

Multi-Family for Sale in King

72 days on market
6Beds
5Baths
3,500 - 3,999Sq Ft
Multi-Family
Property Details
MLS Number
N12833778
Property Type
Multi-Family
Status
active
Days on Site
72
Bedrooms
6
Bathrooms
5
Square Feet
3,500 - 3,999 sqft
Neighbourhood
King
Lot Size
79 sqft
Listing Brokerage
Royal LePage Security Real Estate
Description

78 Acres of prime King farmland with dual residences, strategically located near Hwy 400 with great long term investment potential. Ideal for family estates, equestrian haven, or strategic land holdings. Currently farmed with cash crop, property includes barn, drive shed and two residences attached attached together including a 5 bedroom farm house and a large 2 bedroom bungalow built in 2009 with ample basement space for additional living needs. Square footage is approximately 4300 including both residence. Property features a freshwater stocked pond, 2 level barn and paddock area for live stock.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$15,437.45/mo

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5-yr fixed avg.

Principal: $2,792,000Interest: $1,839,234
Mortgage Amount$2,792,000
Total Interest$1,839,234
Est. Property Tax$2,472/mo
Total Cost$4,631,234

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

3280 19th Side Road, King

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,850/mo
Range: $4,123 - $5,578
Cap Rate (ROI)
0.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,850
Maintenance Fees-$0
Property Tax (est.)-$2,472
Insurance (est.)-$727
Net Cash Flow+$1,651

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 $997/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 72 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.

Larger Home Realities

At 3,500 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 5 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 $14,542 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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