$3,688,800 - 41 Elizabeth Drive, King
Detached for Sale in King
35 days on market- MLS Number
- N13169336
- Property Type
- Detached
- Status
- active
- Days on Site
- 35
- Bedrooms
- 4
- Bathrooms
- 5
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- King
- Listing Brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
This unique custom-built home offers a thoughtfully designed layout centered around comfort, functionality, and timeless style. The main floor features a spacious primary bedroom retreat, providing convenient living with ease of access, complete with a spa-inspired ensuite and a generous walk-in closet. A perfectly tailored home for multigenerational living situated on a street with multi-million dollar custom homes being built. Designed with both everyday comfort and upscale entertaining in mind, a chic temperature-controlled wine cellar serves as a stunning focal point in the foyer, immediately setting the tone for this exceptional custom-built home. Thoughtfully designed with sleek glass walls, ambient lighting and custom racking, the wine display combines modern elegance with functional luxury. Perfectly positioned to impress guests upon arrival, this sophisticated features adds both character and refinement while offering ideal storage for a curated wine collection. The heart of the home is the stunning custom kitchen w/ a large center island w/breakfast bar, built-in Thermador appliances, a generous server with added storage and a rare walk-in cooler. The kitchen's large eat-in area features soaring cathedral ceilings (where an additional bedroom or loft can be constructed if desired) & expansive windows that flood the space with natural light. The inviting family room features custom built-ins & a fireplace. The main floor also features a home office w/built-in cabinetry and a large window overlooking the front yard, perfectly suited for remote work or study. A large mudroom w/access door into garage & walk-out to yard plus a stackable washer/dryer adds to the convenience of the main level. Upstairs, you will find an add/l primary bedroom w/ a large 5-piece ensuite with oversized glass shower & separate soak tub & a large walk-in closet with organizers. There are two additional bedrooms each w/their own ensuite bathrooms & walk-in closets & second laundry rm.
Estimate your monthly payments for this property
Estimated Payment
$16,316.81/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.
41 Elizabeth Drive, 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 $1054/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 35 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.
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.