$3,300,000 - 400 Lloyd's Lane, King
Detached for Sale in King
New — Listed 7 days ago- MLS Number
- N13232412
- Property Type
- Detached
- Status
- active
- Days on Site
- 7
- Bedrooms
- 4
- 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) Escape to your own nearly 20-acre private retreat, tucked away on a quiet private road and surrounded by nature, offering exceptional privacy, peaceful surroundings, and breathtaking star-filled nights 2) Intentionally designed for multi-generational living, this home features a self-contained bachelor-style suite above the garage with its own kitchen, bathroom, heating system, hot water tank, and private entrance, with the option to easily connect it to the main home through the upper hallway or keep it completely separate 3) The thoughtfully designed main level includes a spacious primary retreat with a luxurious ensuite and an oversized walk-in closet, delivering comfort, convenience, and timeless appeal 4) Benefit from potential property tax savings through the optional Managed Forest Tax Incentive Program while enjoying the beauty and value of your expansive forested acreage 5) Offering the perfect balance of seclusion and convenience, this property is located less than 10 minutes from Highway 400, approximately 30 minutes from Pearson Airport, minutes from shopping and amenities, and includes Bell Fibe high-speed internet for modern connectivity. 4,127 above grade sq.ft. plus an unfinished basement.
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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.
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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to King. Good resale value as demand remains consistent.
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.