$2,458,000 - 49 Norman Drive, King
Detached for Sale in King
71 days on market- MLS Number
- N12849098
- Property Type
- Detached
- Status
- active
- Days on Site
- 71
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- King
- Listing Brokerage
- ROYAL LEPAGE PREMIUM ONE REALTY
Welcome home to 49 Norman Drive! This modern architectural masterpiece presents a rare and unique offering blending refined luxury and clean contemporary lines in the heart of King City. The custom front opens to a bright, open concept layout featuring large custom windows, functional sightlines and oak hardwood flooring thru-out the living space. The reimagined Chef's Kitchen designed by Muti Kitchens is an entertainers delight boasting sleek custom cabinetry, a large center island with honed granite counters and a cascading waterfall. Complimented further by top-of-the-line Miele appliances and an extended breakfast table area. The spacious dining area is the perfect setting for hosting dinner soirees and seamlessly flows into the outdoor Loggia area, where guests can enjoy after-dinner cocktails overlooking the gorgeous backyard oasis. The large, bright living room features a beautiful, vaulted ceiling and a large, picturesque window offering stunning views of the backyard oasis. A two-sided gas Fireplace adds warmth & coziness for evening relaxation. The stunning backyard oasis provides the perfect backdrop for summer entertaining with family & friends, featuring a 15x28ft inground saltwater pool and a cedar-finished Cabana outfitted with a 4pc bathroom & kitchenette. The manicured landscaped grounds and loggia area offer a serene setting for al fresco dining. The Primary bedroom includes access to a spa-inspired semi-ensuite with heated floors, porcelain slab walls, floating vanities, and a zero-entry shower. The lower level provides additional living space with a large recreational room, an office and a 4-pc bath. Located in close proximity to numerous amenities with easy access to Hwy 400 & the King City GO Station. Steps to beautiful restaurants/shops and top-rated schools (Villanova, Country Day School). King Valley & Kings Riding Golf Clubs & the New Zancor Recreational Center. Your refined luxury lifestyle awaits at 49 Norman Dr in King City!
Estimate your monthly payments for this property
Estimated Payment
$10,872.56/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.
49 Norman Drive, King
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Rental income estimator & ROI calculator
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
Premium Pricing
At $1229/sqft, this property is priced above the King average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 71 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 4 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.
Investment Perspective
Looking at this as an investment: King properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $10,242 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.