$3,300,000 - 400 Lloyd's Lane, King
Detached for Sale in King
- MLS Number
- N13051762
- Property Type
- Detached
- Status
- active
- Days on Site
- 17
- Bedrooms
- 3
- Bathrooms
- 5
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- King
- Listing Brokerage
- FARIS TEAM REAL ESTATE BROKERAGE
Top 5 Reasons You Will Love This Home: 1) Leave the bustle of city life behind as you travel down a quiet private road to your nearly 20-acre sanctuary, surrounded by nature, with nothing but the stars and moon lighting up peaceful nights, this property offers a true escape and a complete lifestyle shift 2) Above the garage, a separate bachelor-style suite awaits, complete with its own kitchen, bathroom, heating system, and hot water tank, ideal for guests, in-laws, or independent teens, it offers its own entrance and can also be accessed through the upper level of the main home 3) Designed to suit every stage of life, the main level features a spacious primary bedroom with a luxurious ensuite and a massive walk-in closet, offering convenience, comfort, and timeless elegance 4) Benefit from reduced property taxes thanks to the optional Managed Forest Tax Incentive Program, an added bonus for those who value both land and savings 5) Feel like you're miles away at the cottage while enjoying everyday convenience, just 30 minutes to Pearson Airport, under 10 minutes to Highway 400, and only minutes to shopping, groceries, and amenities with Bell Fibe already installed to the house, giving you lightning-fast internet for work, streaming, or staying connected while enjoying your private retreat. 4,127 above grade sq.ft. plus an unfinished basement.
Estimate your monthly payments for this property
Estimated Payment
$14,597.01/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.
400 Lloyd's Lane, 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 $943/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 17 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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.