$4,188,000 - 5502 16th Side Road, King
Detached for Sale in King
52 days on market- MLS Number
- N12916906
- Property Type
- Detached
- Status
- active
- Days on Site
- 52
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- King
- Lot Size
- 10 sqft
- Listing Brokerage
- RE/MAX EXPERTS
Highly Desirable and Sought After 10 Acre Country Residence Situated on The High Point of The Sixteenth Sideroad Just North of Nobleton Lakes Golf Course Between The 8th Concession and Hwy 27.The Board and Batton Bungalow Has Been Upgraded and Redecorated Resulting In A Home Worthy Of A Feature in Modern Farmhouse Magazine. The Log Walls Have Been Painted In a Soft White Complimented With 7 1/2" White Oak Hardwood Flooring, Black Hardware and Cathedral Ceilings In Every Room Featuring Natural Oak Beams and Views From Every Room to Scenic Rolling Pastures or Private Gardens. The Property Is Ideal For Horse Lovers Having a 5 Stall Horse Barn Workshop and Tack Room, Run-In Shed and Fenced Paddocks. The Property Would Also Lend Itself Ideal For A Doggy Daycare. The Detached Double Car Garage With 430 Sq. Ft. Bachelor Apartment Above Overlooks The Pool and Picturesque Rolling Pasture. An Inground Concrete 40 x 20 Ft Heated Pool Is Complete With Concrete Patio Surround Complimented With A Covered Gazebo and Adjacent Built-in Pool Cabana Featuring Double French Doors, A Roll-Up Servery Door, Wet Bar, Vaulted Ceiling and 2 Piece Washroom.
Estimate your monthly payments for this property
Estimated Payment
$18,524.94/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.
5502 16th Side Road, 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
Premium Pricing
At $2792/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 52 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.
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 $17,450 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.