41 Elmers Lane, King

Price: $3,999,900

5 bedrooms, 5 bathrooms

5,000+ sqft

Property Type: Detached

MLS#: N12795712

Discover refined living in this exceptional Avignon Two model by Treasure Hill, ideally situated in the prestigious community of King Township. This executive detached residence offers 6300 sq/ft that includes 5 spacious bedrooms, 5 beautifully appointed washrooms, and a rare 4-car garage, all set on a premium ravine lot that delivers privacy and breathtaking natural views. Designed with elegance and grandeur in mind, the home features soaring 11-foot ceilings on the main floor and 10-foot ceilings on the second level. Every room is enhanced with detailed ceiling finishes, creating a sophisticated and upscale ambiance throughout. The expansive family room is highlighted by oversized windows that flood the space with natural light. The gourmet kitchen is a true showpiece, complete with extended cabinetry with crown molding, a large centre island with breakfast bar, and a walk-out to a covered porch-perfect for outdoor entertaining. The above-grade basement offers a walk-out design with enlarged windows, providing abundant light and endless potential for additional living space, a recreation area, or an in-law suite. Located in the heart of highly sought-after King City, this home is close to top-tier schools including Villanova College, The Country Day School, Seneca College, and King City Public School. Commuters will appreciate the proximity to King City GO Station and easy access to Highway 400.Surrounded by parks, scenic trails, boutique shops, and everyday amenities, this remarkable property offers the perfect blend of luxury, comfort, and convenience. A rare opportunity to own a private retreat in one of King City's most distinguished neighbourhoods. A must-see masterpiece offering superior living at its finest.

41 Elmers Lane - Detached photo 1 of 3 in King, Ontario
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$3,999,900 - 41 Elmers Lane, King

Detached for Sale in King

73 days on market
5Beds
5Baths
5,000+Sq Ft
Detached
Property Details
MLS Number
N12795712
Property Type
Detached
Status
active
Days on Site
73
Bedrooms
5
Bathrooms
5
Square Feet
5,000+ sqft
Neighbourhood
King
Listing Brokerage
HOMELIFE REAL ESTATE CENTRE INC.
Description

Discover refined living in this exceptional Avignon Two model by Treasure Hill, ideally situated in the prestigious community of King Township. This executive detached residence offers 6300 sq/ft that includes 5 spacious bedrooms, 5 beautifully appointed washrooms, and a rare 4-car garage, all set on a premium ravine lot that delivers privacy and breathtaking natural views. Designed with elegance and grandeur in mind, the home features soaring 11-foot ceilings on the main floor and 10-foot ceilings on the second level. Every room is enhanced with detailed ceiling finishes, creating a sophisticated and upscale ambiance throughout. The expansive family room is highlighted by oversized windows that flood the space with natural light. The gourmet kitchen is a true showpiece, complete with extended cabinetry with crown molding, a large centre island with breakfast bar, and a walk-out to a covered porch-perfect for outdoor entertaining. The above-grade basement offers a walk-out design with enlarged windows, providing abundant light and endless potential for additional living space, a recreation area, or an in-law suite. Located in the heart of highly sought-after King City, this home is close to top-tier schools including Villanova College, The Country Day School, Seneca College, and King City Public School. Commuters will appreciate the proximity to King City GO Station and easy access to Highway 400.Surrounded by parks, scenic trails, boutique shops, and everyday amenities, this remarkable property offers the perfect blend of luxury, comfort, and convenience. A rare opportunity to own a private retreat in one of King City's most distinguished neighbourhoods. A must-see masterpiece offering superior living at its finest.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$17,692.91/mo

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5-yr fixed avg.

Principal: $3,199,920Interest: $2,107,952
Mortgage Amount$3,199,920
Total Interest$2,107,952
Est. Property Tax$2,833/mo
Total Cost$5,307,872

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

41 Elmers Lane, King

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$5,200/mo
Range: $4,420 - $5,980
Cap Rate (ROI)
0.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$5,200
Maintenance Fees-$0
Property Tax (est.)-$2,833
Insurance (est.)-$833
Net Cash Flow+$1,534

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 $800/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.

Negotiation Opportunity

At 73 days on site, this property has exceeded the typical selling timeline for King. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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 5,000 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 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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