80 Burns Boulevard Unit 101, King

Price: $649,500

2 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: N12941686

Sophisticated 1+1 Ground-Level Condo in a Prestigious Low-Rise Residence. Soaring 10-foot ceilings and oversized windows fill the suite with natural light, creating a refined and airy atmosphere. The open-concept layout highlights a sleek kitchen with quartz countertops, a breakfast bar, stainless steel appliances, and ample pantry space. The living area opens onto an extraordinary 400 sq. ft. private terrace, complete with gas line and water hookup-an entertainer's dream and a true extension of your living space. The versatile den is fitted with custom built-in storage, offering exceptional organization and functionality. The 4-piece bathroom is modern and tastefully finished. In-suite stacked laundry provides everyday convenience. This residence includes one underground parking space plus two lockers-one conveniently located beside the parking spot and another full-sized locker on P2. Enjoy first-class amenities: concierge, elegant party room, indoor pool, guest suite, communal BBQ terrace, and a fully equipped fitness centre. Perfectly situated minutes to the GO station, scenic trails, dog parks, and top dining destinations.

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$649,500 - 80 Burns Boulevard Unit 101, King

Condo for Sale in King

45 days on market
2Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
N12941686
Property Type
Condo
Status
active
Days on Site
45
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
King
Locker
Ensuite+Exclusive
Exposure
South
Balcony
Terrace
Listing Brokerage
REMAX YOUR COMMUNITY REALTY
Description

Sophisticated 1+1 Ground-Level Condo in a Prestigious Low-Rise Residence. Soaring 10-foot ceilings and oversized windows fill the suite with natural light, creating a refined and airy atmosphere. The open-concept layout highlights a sleek kitchen with quartz countertops, a breakfast bar, stainless steel appliances, and ample pantry space. The living area opens onto an extraordinary 400 sq. ft. private terrace, complete with gas line and water hookup-an entertainer's dream and a true extension of your living space. The versatile den is fitted with custom built-in storage, offering exceptional organization and functionality. The 4-piece bathroom is modern and tastefully finished. In-suite stacked laundry provides everyday convenience. This residence includes one underground parking space plus two lockers-one conveniently located beside the parking spot and another full-sized locker on P2. Enjoy first-class amenities: concierge, elegant party room, indoor pool, guest suite, communal BBQ terrace, and a fully equipped fitness centre. Perfectly situated minutes to the GO station, scenic trails, dog parks, and top dining destinations.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,332.27/mo

Includes CMHC insurance ($18,121)

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5%10%50%

5-yr fixed avg.

Principal: $584,550Interest: $397,010
Mortgage Amount$602,671
Total Interest$397,010
Est. Property Tax$460/mo
Total Cost$999,681

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

80 Burns Boulevard Unit 101, King

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$460
Insurance (est.)-$135
Net Cash Flow+$1,215

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 $1083/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 45 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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 $2,706 (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.

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