40 Old Church Road, King

Price: $1,700,000

6 bedrooms, 5 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: N13101106

Top 5 Reasons You Will Love This Home: 1) Rare opportunity to acquire a custom home with substantial progress already completed, with approximately 65 percent finished including HVAC and air conditioning installed, along with permits in place and a full project file available, significantly reducing the time, cost, and uncertainty typically associated with building from the ground up 2) Set within a private wooded setting in an exclusive pocket of King Township, this mature tree-lined lot in the historic village of Laskay offers exceptional privacy on a quiet street surrounded by upscale homes, all while remaining just minutes from everyday amenities 3) Expansive custom residence offering over 4,200 square feet above grade, presenting a unique opportunity to complete the home to your exact vision, allowing you to focus on final finishes, layout refinement, and design details without starting from scratch 4) Strong upside potential for builders, investors, or end users, with significant progress already completed, creating a compelling opportunity to capitalize on the time and capital already invested, whether for personal use or future resale 5) Prime location with excellent accessibility and long-term growth potential, ideally situated just minutes from Highway 400, King Township amenities, hospital access, and transit connections. 4,243 above grade sq.ft. plus an unfinished basement. *Please note some images have been virtually staged to show the potential of the home.

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active
New Listing
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$1,700,000 - 40 Old Church Road, King

Detached for Sale in King

New — Listed 7 days ago
6Beds
5Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
N13101106
Property Type
Detached
Status
active
Days on Site
7
Bedrooms
6
Bathrooms
5
Square Feet
3,500 - 3,999 sqft
Neighbourhood
King
Listing Brokerage
FARIS TEAM REAL ESTATE BROKERAGE
Description

Top 5 Reasons You Will Love This Home: 1) Rare opportunity to acquire a custom home with substantial progress already completed, with approximately 65 percent finished including HVAC and air conditioning installed, along with permits in place and a full project file available, significantly reducing the time, cost, and uncertainty typically associated with building from the ground up 2) Set within a private wooded setting in an exclusive pocket of King Township, this mature tree-lined lot in the historic village of Laskay offers exceptional privacy on a quiet street surrounded by upscale homes, all while remaining just minutes from everyday amenities 3) Expansive custom residence offering over 4,200 square feet above grade, presenting a unique opportunity to complete the home to your exact vision, allowing you to focus on final finishes, layout refinement, and design details without starting from scratch 4) Strong upside potential for builders, investors, or end users, with significant progress already completed, creating a compelling opportunity to capitalize on the time and capital already invested, whether for personal use or future resale 5) Prime location with excellent accessibility and long-term growth potential, ideally situated just minutes from Highway 400, King Township amenities, hospital access, and transit connections. 4,243 above grade sq.ft. plus an unfinished basement. *Please note some images have been virtually staged to show the potential of the home.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,519.67/mo

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5-yr fixed avg.

Principal: $1,360,000Interest: $895,902
Mortgage Amount$1,360,000
Total Interest$895,902
Est. Property Tax$1,204/mo
Total Cost$2,255,902

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

40 Old Church 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)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,850
Maintenance Fees-$0
Property Tax (est.)-$1,204
Insurance (est.)-$354
Net Cash Flow+$3,292

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 $486/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.

Just Listed - Act Strategically

This property hit the market within the last week. In King's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 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.

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