$3,295,000 - 50 Collard Drive, King
Detached for Sale in King
- MLS Number
- N13109762
- Property Type
- Detached
- Status
- active
- Days on Site
- 30
- Bedrooms
- 11
- Bathrooms
- 7
- Square Feet
- 5,000+ sqft
- Neighbourhood
- King
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Rare offering in the heart of King City, this exceptional 3.917-acre parcel presents a truly unique opportunity to create a custom estate or secure a versatile investment in one of the area's most prestigious enclaves. Surrounded by rolling landscapes, open fields, and distinguished multi-million dollar residences, the setting provides the perfect backdrop for a private compound or architectural statement. Tucked away on a quiet street, the property currently features three self-contained residences, offering immediate income potential, multi-generational living, or interim use while planning a future build. Existing accommodations include a 4-bedroom, 3-bathroom unit, a 4-bedroom, 2-bathroom unit, and a 3-bedroom, 2-bathroom unit, each with functional layouts and independent living spaces. Ideally located just minutes from Highway 400 and under 5 minutes to King City's charming village core, residents enjoy convenient access to boutique shops, restaurants, grocery stores, banks, the King City Public Library, and the GO Station-blending small-town character with everyday convenience. Whether you envision a landmark estate, family compound, or long-term investment, this property offers scale, flexibility, and an unrivalled setting in a highly sought-after location.
Estimate your monthly payments for this property
Estimated Payment
$14,574.90/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.
50 Collard 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
Competitive Pricing
At $659/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.
Market Position
At 30 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 11 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 7 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.