$889,000 - 80 Burns Boulevard Unit 416, King
Condo for Sale in King
105 days on market- MLS Number
- N12593704
- Property Type
- Condo
- Status
- active
- Days on Site
- 105
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- King
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE RCR REALTY
Welcome to the prestigious Residence of Springhill at 80 Burns Boulevard in the heart of King City. This 1000 plus square foot unit has been beautifully maintained featuring two bedrooms, two bathrooms and offers a bright south-facing exposure and directly backs onto serene conservation land, providing peaceful, natural views.Featuring high ceilings and an open-concept layout, the spacious kitchen flows seamlessly into the living and dining areas-perfect for everyday living or entertaining. The second bedroom is currently used as a den / home office and can easily be converted back to a private bedroom with the installation of a door. Located in one of King City's most sought-after buildings, this suite combines luxury, convenience, and a tranquil natural setting-an exceptional opportunity in a truly desirable community.The unit includes one parking space along with two lockers, a rare and valuable feature. One locker is a large enclosed storage room located directly in front of the parking spot, and the second is a cage locker, offering ample storage options. Residences of Springhill has a very active social community, including daily espresso gatherings, celebrations of birthdays and special holiday events amongst others. Property is unfurnished, photos have been virtually staged.
Estimate your monthly payments for this property
Estimated Payment
$4,561.03/mo
Includes CMHC insurance ($24,803)
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.
80 Burns Boulevard Unit 416, 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
Fair Market Value
At $889/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.
Negotiation Opportunity
At 105 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.
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.
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 $3,704 (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.