$578,000 - 80 Burns Boulevard Unit 425, King
Condo for Sale in King
51 days on market- MLS Number
- N12920836
- Property Type
- Condo
- Status
- active
- Days on Site
- 51
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- King
- Locker
- Owned
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- SOLTANIAN REAL ESTATE INC.
Luxurious Penthouse Living at The Residences of Spring Hill. Experience upscale living in this stunning 675 sq. ft. one-bedroom penthouse suite, thoughtfully designed for both comfort and style. Featuring soaring 10-foot ceilings and expansive windows, this bright and airy unit offers an open, inviting atmosphere.The upgraded kitchen showcases sleek stainless-steel appliances, elegant granite countertops, and a convenient pantry-perfect for everyday living and entertaining. Custom closet organizers maximize storage, while an additional versatile space can easily function as a den or home office. Residents enjoy exceptional building amenities, including a fully equipped gym, indoor pool, games room, and a charming on-site café. Ideally located just minutes from the GO Station and Highway 400, this home offers seamless commuting and urban convenience. A perfect blend of luxury, comfort, and location-don't miss this exceptional opportunity.
Estimate your monthly payments for this property
Estimated Payment
$2,965.44/mo
Includes CMHC insurance ($16,126)
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 425, King
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Rental income estimator & ROI calculator
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 $963/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 51 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.
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 $2,408 (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.