41 Elmers Lane, King

Price: $3,350,000

5 bedrooms, 5 bathrooms

5,000+ sqft

Property Type: Detached

MLS#: N13122270

Size Matters! Spanning an impressive 5,749 square feet, this custom-designed Treasure Hill executive residence is a masterclass in scale and sophistication. 5 Bedroom 5 bath executive home Perched on a premium 89ft ravine lot, the home offers a rare blend of architectural grandeur and serene natural views. Up the stone walkway enter through grand double doors to this magnificent masterpiece. Soaring 11ft ceilings on Main floor, 10ft ceilings on 2nd. Gleaming Hardwood and 4x2ft ceramics throughout this beautiful carpet free home. The Chef's Kitchen: A gourmet dream featuring a massive center island, professional-grade built-in appliances, a butler's servery, and a walk-in pantry Bright and spacious breakfast area with walkout to elevated concrete patio. Built in Desk/telephone table. Massive Family room with Gas Fireplace open to kitchen Overlooking Ravine and park through huge picture windows. Spacious Living/Dining room with coffered ceilings & potlights. Main floor office with French Doors and hardwood floors. Climb the Oak and wrought iron staircase to bright open landing. Enter the incredible Prime suite through wide double doors. A Unique designed Luxury Bath with his and hers water closets(toilets), his and hers vanities and sinks. Walk around central glass shower stall and stand alone soaker tub bathed in light. The suite includes His and Hers walk-in closets with tons of built in storage.4 more generous bedrooms all with Hardwood Floors, walk in closets and direct bath access. The 2nd floor also features an open den for study or games/play room. The sunken laundry/mud room offers a front facing walkout, direct access to a pair of 2 garages with epoxy resin floors and service stairs to the basement. The main stair to the basement leads to a 280sf finished space. Huge unspoiled walkout basement and 2 high efficiency furnaces with AC, 2 water heaters and a walkout to the amazing ravine, park side garden

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active
New Listing
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$3,350,000 - 41 Elmers Lane, King

Detached for Sale in King

New — Listed 2 days ago
5Beds
5Baths
5,000+Sq Ft
Detached
Property Details
MLS Number
N13122270
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
5
Bathrooms
5
Square Feet
5,000+ sqft
Neighbourhood
King
Listing Brokerage
FOREST HILL REAL ESTATE INC.
Description

Size Matters! Spanning an impressive 5,749 square feet, this custom-designed Treasure Hill executive residence is a masterclass in scale and sophistication. 5 Bedroom 5 bath executive home Perched on a premium 89ft ravine lot, the home offers a rare blend of architectural grandeur and serene natural views. Up the stone walkway enter through grand double doors to this magnificent masterpiece. Soaring 11ft ceilings on Main floor, 10ft ceilings on 2nd. Gleaming Hardwood and 4x2ft ceramics throughout this beautiful carpet free home. The Chef's Kitchen: A gourmet dream featuring a massive center island, professional-grade built-in appliances, a butler's servery, and a walk-in pantry Bright and spacious breakfast area with walkout to elevated concrete patio. Built in Desk/telephone table. Massive Family room with Gas Fireplace open to kitchen Overlooking Ravine and park through huge picture windows. Spacious Living/Dining room with coffered ceilings & potlights. Main floor office with French Doors and hardwood floors. Climb the Oak and wrought iron staircase to bright open landing. Enter the incredible Prime suite through wide double doors. A Unique designed Luxury Bath with his and hers water closets(toilets), his and hers vanities and sinks. Walk around central glass shower stall and stand alone soaker tub bathed in light. The suite includes His and Hers walk-in closets with tons of built in storage.4 more generous bedrooms all with Hardwood Floors, walk in closets and direct bath access. The 2nd floor also features an open den for study or games/play room. The sunken laundry/mud room offers a front facing walkout, direct access to a pair of 2 garages with epoxy resin floors and service stairs to the basement. The main stair to the basement leads to a 280sf finished space. Huge unspoiled walkout basement and 2 high efficiency furnaces with AC, 2 water heaters and a walkout to the amazing ravine, park side garden

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$14,818.18/mo

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5-yr fixed avg.

Principal: $2,680,000Interest: $1,765,454
Mortgage Amount$2,680,000
Total Interest$1,765,454
Est. Property Tax$2,373/mo
Total Cost$4,445,454

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)
0.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$5,200
Maintenance Fees-$0
Property Tax (est.)-$2,373
Insurance (est.)-$698
Net Cash Flow+$2,129

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 $670/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 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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