$4,200,000 - 48 Scott Crescent, King
Detached for Sale in King
- MLS Number
- N13157522
- Property Type
- Detached
- Status
- active
- Days on Site
- 23
- Bedrooms
- 8
- Bathrooms
- 9
- Square Feet
- 5,000+ sqft
- Neighbourhood
- King
- Lot Size
- 2 sqft
- Listing Brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
Nestled in the heart of prestigious King City, this sprawling, custom-built bungalow sits on a rare, ultra-private 2+acre lot, offering the perfect blend of natural beauty, immense space, and multi-generational functionality. Whether you are raising a growing family or looking for a residence that comfortably accommodates extended family, this property is designed to check every single box. On over 2 acres of mature trees and grounds, enjoy seclusion and peace of mind all while being minutes away from town amenities such as restaurants, golf courses, equestrian facilities or the GO Station. True bungalow living with a massive, open-concept layout that offers effortless accessibility and flow. Rain or shine, summer or winter, enjoy your own private, indoor pool pavilion. It's the perfect centre piece for year-round family fun, fitness and entertaining. Featuring multiple oversized bedrooms and bathrooms, the home is intelligently zoned to provide both grand communal spaces and private, quiet retreats. Multi-generational potential with its expansive footprint and separate wings/entry points, this home can easily adapt to house grandparents, adult children, or a live-in nanny with absolute comfort and privacy. The property features a newer septic system and well. A double driveway offers parking for a small fleet of vehicles, perfect for large family gatherings or car enthusiasts looking for a four car garage. Quality construction throughout with concrete and steel. Situated in highly sought-after King City, you are just as short drive from top-tier independent and public schools. Floor plans attached indicate 18,366 sq ft of finished and unfinished space. Indoor pool is included in measurements.
Estimate your monthly payments for this property
Estimated Payment
$18,578.02/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.
48 Scott Crescent, 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 $840/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 23 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 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 8 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 9 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.