8805 Highway 9 N/A, King

Price: $5,690,000

5 bedrooms, 5 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: N10409034

* Excellent Investment Or Live-In * Over 3,100 Ft Fronting On Busy Hwy 9 * Approx: 91.3 Acres * Corner Lot On Hwy 9 & Caledon King Townline * Seller Recently Has Spent $$$ To Upgrade From Top To Bottom * Brand New Well Cost Approx $40k * Kitchen & Dining Room Heated Floor * Master Bedroom & 2nd Bedroom Washroom Heated Floor *

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$5,690,000 - 8805 Highway 9 N/A, King

Detached for Sale in King

105 days on market
5Beds
5Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
N10409034
Property Type
Detached
Status
active
Days on Site
105
Bedrooms
5
Bathrooms
5
Square Feet
3,000 - 3,499 sqft
Neighbourhood
King
Listing Brokerage
TRADEWORLD REALTY INC
Description

* Excellent Investment Or Live-In * Over 3,100 Ft Fronting On Busy Hwy 9 * Approx: 91.3 Acres * Corner Lot On Hwy 9 & Caledon King Townline * Seller Recently Has Spent $$$ To Upgrade From Top To Bottom * Brand New Well Cost Approx $40k * Kitchen & Dining Room Heated Floor * Master Bedroom & 2nd Bedroom Washroom Heated Floor *

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$25,168.79/mo

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5%20%50%

5-yr fixed avg.

Principal: $4,552,000Interest: $2,998,637
Mortgage Amount$4,552,000
Total Interest$2,998,637
Est. Property Tax$4,030/mo
Total Cost$7,550,637

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

8805 Highway 9 N/A, King

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,200/mo
Range: $3,570 - $4,830
Cap Rate (ROI)
-0.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,200
Maintenance Fees-$0
Property Tax (est.)-$4,030
Insurance (est.)-$1,185
Net Cash Flow-$1,015

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

Premium Pricing

At $1897/sqft, this property is priced above the King average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

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 3,000 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 5 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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