10 Elmers Lane, King, ON

$2,388,000
MLS#:N12560140
5 beds
6 baths
5000 + sqft
10.0 parking
Residential Freehold
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Property no longer active

This property was sold on December 12, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of King City. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $2,388,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 6 Bathrooms
  • Generous living space spanning 5000 + sqft on a premium 73.86 x 114.93 ft lot
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 10.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: Central Vacuum, Ventilation System, Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome To This Hidden Gem In King City: A Refined Contemporary Residence Built In 2018, Sitting On A 73 X 114 Corner Lot In One Of The Area's Most Coveted Pockets. Featuring Five Bedrooms And Six Bathrooms Across Approximately 5,000 Sq Ft Of Above-Grade Living Space, The Main Floor Offers A Beautifully Open Layout With An Oversized Chef's Kitchen With Large Centre Island, Pantry And Premium Finishes Flowing Seamlessly Into The Dining And Family Rooms, Perfect For Entertaining Or Everyday Living. The Main Floor Bedroom With Ensuite Has Been Converted Into A Private Home Office. Upstairs Are Four Well-Appointed Bedrooms Each With Their Own Ensuite, Ideal For Multi-Generational Living. Located Steps To Prestigious Villanova College, This Home Combines Sophistication, Location And Family-Friendly Design In One Exceptional Package.

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Property Summary

This detached home located at 10 Elmers Lane, King is currently for sale and has been available on SousaSells for 242 days. This property is listed at $2,388,000 with an estimated mortgage of $7,949* per month. It has 5 beds, 6 bathrooms, and is 5000 + square feet. 10 Elmers Lane, King is in the King City neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
5
Bathrooms
6
Kitchens
1
Living Area
5000 + sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 12, 2025
Sold price information is available to members only
Listed Date11/19/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Stone
BasementFull, Unfinished
Lot Size73.86 × 114.93 Feet
CountyYork
Annual Tax$17,164
Legal DescriptionLOT 26, PLAN 65M4552 TOGETHER WITH AN EASEMENT OVER PT LOT 10 CON 4 PARTS 2 AND 3 ON 65R14417 AS IN R477580 SUBJECT TO AN EASEMENT FOR ENTRY AS IN YR2832598 TOWNSHIP OF KING

Parking & Garage

Parking Total10.0
Parking Space8
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Central Vacuum, Ventilation System, Water Heater, Auto Garage Door Remote, Air Exchanger

Security Features

Community Features

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Location

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10 Elmers Lane, King, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 10 Elmers Lane, King, ON L7B 0P5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in King.

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Interest Rate4.00%
Down Payment$716,400 (30.0%)
* Minimum Canadian down payment required for this price is $477,600.
Amortization Period30 Years
Estimated Monthly Payment$7,949Based on a loan of $1,671,600 over 30 years.
Purchase Price$2,388,000
Loan Amount$1,671,600
Provincial Land Transfer Tax:$46,175
Total Estimated Closing Taxes:$46,175

About Purchasing a Home in King, ON

For a property listed at $2,388,000 in King, the legal minimum down payment is $477,600 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $46,175 for this transaction. As this listing is in King (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $46,175.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for King City, King.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$2,711,998

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.