56 Fred Beaton Place, King

Price: $1,257,990

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: N13130652

Welcome to Canterbury Lanes, an exclusive enclave of luxury townhomes nestled in the heart of King City. Built by Cameos Living, this brand new, thoughtfully designed three-storey townhome features 3 spacious bedrooms, 2.5 bathrooms, and an open-concept layout perfect for entertaining or everyday comfort. Enjoy 9' smooth ceilings on the 1st and 2nd floors, engineered hardwood throughout, carpet-free, a natural oak staircase, and a chef-inspired kitchen complete with quartz countertops, stainless steel appliances, and extended-height cabinetry. The luxurious primary suite offers a walk-in closet, a private balcony, and a beautifully finished 3-piece ensuite. Ideally located just minutes from Highway 400 and 407, top-rated schools, parks, grocery stores, and all essential amenities. Visit and experience the exceptional quality and craftsmanship of this remarkable home. List price includes HST and assumes Purchaser qualifies for and assigns the federal and Ontario new housing rebates to Vendor on closing. If rebate is unavailable or reduced, price adjusts. See APS for full terms.

56 Fred Beaton Place - Townhouse photo 1 of 6 in King, Ontario
56 Fred Beaton Place - Townhouse photo 2 of 6 in King, Ontario
56 Fred Beaton Place - Townhouse photo 3 of 6 in King, Ontario
56 Fred Beaton Place - Townhouse photo 4 of 6 in King, Ontario
56 Fred Beaton Place - Townhouse photo 5 of 6 in King, Ontario
56 Fred Beaton Place - Townhouse photo 6 of 6 in King, Ontario
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New Listing
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$1,257,990 - 56 Fred Beaton Place, King

Townhouse for Sale in King

New — Listed yesterday
3Beds
3Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
N13130652
Property Type
Townhouse
Status
active
Days on Site
1
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
King
Listing Brokerage
MILBORNE REAL ESTATE INC.
Description

Welcome to Canterbury Lanes, an exclusive enclave of luxury townhomes nestled in the heart of King City. Built by Cameos Living, this brand new, thoughtfully designed three-storey townhome features 3 spacious bedrooms, 2.5 bathrooms, and an open-concept layout perfect for entertaining or everyday comfort. Enjoy 9' smooth ceilings on the 1st and 2nd floors, engineered hardwood throughout, carpet-free, a natural oak staircase, and a chef-inspired kitchen complete with quartz countertops, stainless steel appliances, and extended-height cabinetry. The luxurious primary suite offers a walk-in closet, a private balcony, and a beautifully finished 3-piece ensuite. Ideally located just minutes from Highway 400 and 407, top-rated schools, parks, grocery stores, and all essential amenities. Visit and experience the exceptional quality and craftsmanship of this remarkable home. List price includes HST and assumes Purchaser qualifies for and assigns the federal and Ontario new housing rebates to Vendor on closing. If rebate is unavailable or reduced, price adjusts. See APS for full terms.

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Estimated Payment

$5,564.51/mo

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5-yr fixed avg.

Principal: $1,006,392Interest: $662,962
Mortgage Amount$1,006,392
Total Interest$662,962
Est. Property Tax$891/mo
Total Cost$1,669,354

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

56 Fred Beaton Place, King

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,730/mo
Range: $2,321 - $3,139
Cap Rate (ROI)
1.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,730
Maintenance Fees-$0
Property Tax (est.)-$891
Insurance (est.)-$262
Net Cash Flow+$1,577

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

Fair Market Value

At $839/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.

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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in King have shown strong appreciation as families seek more space.

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 3 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 $5,242 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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