$2,998,000 - 372 Burns Boulevard, King
Detached for Sale in King
- MLS Number
- N13050184
- Property Type
- Detached
- Status
- active
- Days on Site
- 18
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- King
- Listing Brokerage
- THE AGENCY
A rare offering in central King City, this premium 2.56 acre ravine lot presents an exceptional opportunity for builders and developers to create a large scale estate residence surrounded by some of the areas most notable mansions, while also offering an existing executive home with over 7,500 square feet of living space. Designed for both elegance and comfort, the home features a beautifully renovated chef's kitchen with high end finishes, expansive light filled principal rooms, and four generously sized bedrooms on the upper level, plus a fifth bedroom in the versatile above ground basement. The lower level, complete with a full kitchen, three piece bathroom, and private entrance, is ideal for an in law or nanny suite. Outdoors, a sparkling in ground pool overlooks the tranquil ravine, creating a private oasis for relaxation and entertainment. Perfectly situated just minutes from the GO Station, top restaurants, charming cafes, and prestigious private schools, this property offers unmatched potential whether for immediate enjoyment or as the foundation for a signature luxury build.
Estimate your monthly payments for this property
Estimated Payment
$13,261.17/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.
372 Burns Boulevard, 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 $857/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 18 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 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 5 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 4 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.