332 Burns Boulevard, King

Price: $3,899,900

6 bedrooms, 5 bathrooms

5,000+ sqft

Property Type: Detached

MLS#: N13220324

An extraordinary 2.5-acre estate property in the heart of prestigious South King City, offering limitless potential to renovate, expand, or create a custom luxury residence tailored to your vision. As one of the largest fully serviced lots in South King - and one of the largest within the surrounding neighbourhood - this is a truly rare offering with unmatched scale, privacy, and future upside. The existing residence is fully livable and serviced with city water, gas, and sewer, offering over 8,500 sq. ft. of total living space. The home is equipped with 3 furnaces, 3 AC units, and 200 AMP electrical service, providing a solid foundation for renovation or redevelopment. Set well back from the road and surrounded by towering mature trees and lush landscaping, the property offers an exceptional sense of privacy and tranquillity rarely found in such a coveted location. The sprawling grounds create a secluded estate atmosphere while remaining moments from top amenities, prestigious schools, golf courses, and luxury estate homes. Adding to the property's incredible versatility, both detached garages feature private in-law suites above, ideal for extended family, guests, live-in staff, or additional income potential.A once-in-a-generation opportunity to secure a landmark property in one of King City's most desirable enclaves.

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$3,899,900 - 332 Burns Boulevard, King

Detached for Sale in King

Popular Listing
6Beds
5Baths
5,000+Sq Ft
Detached
Property Details
MLS Number
N13220324
Property Type
Detached
Status
active
Days on Site
9
Bedrooms
6
Bathrooms
5
Square Feet
5,000+ sqft
Neighbourhood
King
Listing Brokerage
EXP REALTY
Description

An extraordinary 2.5-acre estate property in the heart of prestigious South King City, offering limitless potential to renovate, expand, or create a custom luxury residence tailored to your vision. As one of the largest fully serviced lots in South King - and one of the largest within the surrounding neighbourhood - this is a truly rare offering with unmatched scale, privacy, and future upside. The existing residence is fully livable and serviced with city water, gas, and sewer, offering over 8,500 sq. ft. of total living space. The home is equipped with 3 furnaces, 3 AC units, and 200 AMP electrical service, providing a solid foundation for renovation or redevelopment. Set well back from the road and surrounded by towering mature trees and lush landscaping, the property offers an exceptional sense of privacy and tranquillity rarely found in such a coveted location. The sprawling grounds create a secluded estate atmosphere while remaining moments from top amenities, prestigious schools, golf courses, and luxury estate homes. Adding to the property's incredible versatility, both detached garages feature private in-law suites above, ideal for extended family, guests, live-in staff, or additional income potential.A once-in-a-generation opportunity to secure a landmark property in one of King City's most desirable enclaves.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$17,250.57/mo

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5%20%50%

5-yr fixed avg.

Principal: $3,119,920Interest: $2,055,252
Mortgage Amount$3,119,920
Total Interest$2,055,252
Est. Property Tax$2,762/mo
Total Cost$5,175,172

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

332 Burns Boulevard, King

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$5,600/mo
Range: $4,760 - $6,440
Cap Rate (ROI)
0.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$5,600
Maintenance Fees-$0
Property Tax (est.)-$2,762
Insurance (est.)-$812
Net Cash Flow+$2,026

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 $780/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.

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 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 $16,250 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    332 Burns Boulevard, King — $3,899,900 | Battaglia Team