83 Hambly Avenue, King

Price: $2,999,000

5 bedrooms, 4 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: N12555546

Prestigious King City Residence on a Premium 90-foot Lot! Introducing 83 Hambly Avenue, an Exceptional Custom-Built Home Located in One of King City's Most Sought after Neighbourhoods. Set on an Expansive 90 foot Property and Surrounded by Distinguished Multi million dollar Residences, This Home Offers an Unparalleled Blend of Luxury, Sophistication, and Lifestyle. Over $500,000 in Recent Upgrades Elevate This Property to a True Showpiece. The Newly Completed Chef's Kitchen Features Top tier Appliances, Including Two Wine Refrigerators, and is Complemented by Beautifully Renovated Bathrooms Throughout. The Resort inspired Backyard Showcases a Concrete Saltwater Pool With a Cascading Waterfall and Integrated Gas Fire Feature, Along With a Private, Courtyard Style Outdoor Living Area and a Fully Outfitted Outdoor Kitchen-perfect for Refined Entertaining. Designed With Hosting in Mind, the Upper Level Includes a Grand Recreation Room Complete With a Solid Wood Bar Accommodating More Than 20 Guests, as Well as a Ventilated Cedar Cigar Lounge Overlooking the Pool. High end Finishes Are Evident Throughout the Home, Including Custom Millwork, Premium Stainless Steel Appliances, and Solid Wood Flooring. The Luxurious Primary Suite Boasts a Vaulted Ceiling, an Expansive Spa like Ensuite With a Large Glass enclosed Shower, and Dual Walk in Closets. The Fully Finished Lower Level Adds Further Versatility With a Comfortable Living Area and Two Additional Bedrooms, Along With a Spacious, Well appointed Laundry Room With Built-in Cabinetry. Car Enthusiasts Will Appreciate the Four car Drive through Garage With Soaring 20 foot Ceilings, Offering Abundant Potential for Lift Installations. Ideally Situated, the Property is Within Walking Distance of Local Dining, Parks, and the Go Station, and is Only Minutes Away From Some of the Region's Finest Public and Private Schools. A Remarkable Offering in the Heart of King City luxury Living at Its Finest.

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$2,999,000 - 83 Hambly Avenue, King

Detached for Sale in King

105 days on market
5Beds
4Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
N12555546
Property Type
Detached
Status
active
Days on Site
105
Bedrooms
5
Bathrooms
4
Square Feet
3,500 - 3,999 sqft
Neighbourhood
King
Listing Brokerage
THE AGENCY
Description

Prestigious King City Residence on a Premium 90-foot Lot! Introducing 83 Hambly Avenue, an Exceptional Custom-Built Home Located in One of King City's Most Sought after Neighbourhoods. Set on an Expansive 90 foot Property and Surrounded by Distinguished Multi million dollar Residences, This Home Offers an Unparalleled Blend of Luxury, Sophistication, and Lifestyle. Over $500,000 in Recent Upgrades Elevate This Property to a True Showpiece. The Newly Completed Chef's Kitchen Features Top tier Appliances, Including Two Wine Refrigerators, and is Complemented by Beautifully Renovated Bathrooms Throughout. The Resort inspired Backyard Showcases a Concrete Saltwater Pool With a Cascading Waterfall and Integrated Gas Fire Feature, Along With a Private, Courtyard Style Outdoor Living Area and a Fully Outfitted Outdoor Kitchen-perfect for Refined Entertaining. Designed With Hosting in Mind, the Upper Level Includes a Grand Recreation Room Complete With a Solid Wood Bar Accommodating More Than 20 Guests, as Well as a Ventilated Cedar Cigar Lounge Overlooking the Pool. High end Finishes Are Evident Throughout the Home, Including Custom Millwork, Premium Stainless Steel Appliances, and Solid Wood Flooring. The Luxurious Primary Suite Boasts a Vaulted Ceiling, an Expansive Spa like Ensuite With a Large Glass enclosed Shower, and Dual Walk in Closets. The Fully Finished Lower Level Adds Further Versatility With a Comfortable Living Area and Two Additional Bedrooms, Along With a Spacious, Well appointed Laundry Room With Built-in Cabinetry. Car Enthusiasts Will Appreciate the Four car Drive through Garage With Soaring 20 foot Ceilings, Offering Abundant Potential for Lift Installations. Ideally Situated, the Property is Within Walking Distance of Local Dining, Parks, and the Go Station, and is Only Minutes Away From Some of the Region's Finest Public and Private Schools. A Remarkable Offering in the Heart of King City luxury Living at Its Finest.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$13,265.59/mo

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5-yr fixed avg.

Principal: $2,399,200Interest: $1,580,477
Mortgage Amount$2,399,200
Total Interest$1,580,477
Est. Property Tax$2,124/mo
Total Cost$3,979,677

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

83 Hambly Avenue, King

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,450/mo
Range: $3,783 - $5,118
Cap Rate (ROI)
0.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,450
Maintenance Fees-$0
Property Tax (est.)-$2,124
Insurance (est.)-$625
Net Cash Flow+$1,701

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 $857/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.

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.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in King.

Bathroom Count Matters

With 4 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.

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