179 MELROSE Avenue, King, ON
Property no longer active
This property was sold on December 9, 2024. 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 concrete and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $4,590,000 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 100 x 150 ft lot
- Features a walk-up, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 10.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Other, Countertop Range, Upgraded Insulation
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Discover a Palatial Estate in the Heart of King City! Nestled on a serene 1/3 acre lot in an enviable, established enclave, this exquisitely crafted home is all yours—it’s new & never lived in! With clean lines from exterior to interior, the aesthetic is refined. A grand foyer sets the tone for 7137 SF of modern, professionally designed & furnished living space! This Showcase home is defined by the cohesive, open concept floor plan & luxurious over sized windows that invite nature in. Herringbone white oak hardwood transitions seamlessly to a stacked pattern. You’ll be drawn into the delicious Dining rm with its fluted feature wall & tone on tone décor. You'll love this entertainer’s Kitchen featuring: quartz, an over sized island, integrated JennAir appliances & south-facing breakfast nook leading to a sleek 3-season Lanai with retractable windows & doors. Adjacent is the upscale Servery, equipped with chef's desk, coffee station, prep sink. Gather in the Great Rm around the double-sided gas fireplace or venture to the Lanai through over sized doors for al fresco entertaining. 2 sets of gorgeous glass doors lead to a sophisticated Office with fireplace. The Conservatory has 13’ ceilings & dramatic floor-to-ceiling windows. Expansive mn flr laundry/mudrm: 12’ ceilings, chic tile flrs, built-ins & a dog wash station. Hop on the elevator for effortless access to all levels! Upstairs, the opulent principal suite features dual walk-in closets & an indulgent 6-pce ensuite. 4 more thoughtfully curated bedrooms (one fully accessible) offer ensuites & walk-ins. 2nd laundry rm with island! The lower is designed for family fun! Home theater, amazing gym w/juice bar, games rm, striking 3-pce bath & walk out to pool-sized yard. 4-car heated garage has EV station. Blocks to Go Station. Top tier: schools, shopping, dining, rec facilities & golf! Tarion warranty. There's no gamble here—it's a guaranteed win! Live like royalty in King City! See Multi media for full details.
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Property Summary
This detached home located at 179 MELROSE Avenue, King is currently for sale and has been available on SousaSells for 647 days. This property is listed at $4,590,000 with an estimated mortgage of $15,278* per month. It has 5 beds, 6 bathrooms, and is 5000 + square feet. 179 MELROSE Avenue, King is in the King City neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Golf, Hospital
Interior Features
Other, Countertop Range, Upgraded Insulation, Bar Fridge, On Demand Water Heater, Sump Pump, Air Exchanger, Central Vacuum
Security Features
Carbon Monoxide Detectors, Monitored, Security System, Smoke Detector
Community Features
Location
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 179 MELROSE Avenue, King, ON L7B 1J7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in King, ON
For a property listed at $4,590,000 in King, the legal minimum down payment is $918,000 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 $101,225 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 $101,225.
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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.