This property was sold on October 22, 2024. This listing is for reference purposes only. to view the sold price.
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of King City. Expertly crafted featuring premium stone 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.
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, its 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 decor. You'll love this entertainers 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 ft 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 en-suite. 4 more thoughtfully curated bedrooms (one fully accessible) offer en-suites & 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.
Contact us to schedule a private viewing of this property.
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.Electric Car Charger, Place Of Worship, Public Transit, Rec./Commun.Centre, School Bus Route, Golf
Auto Garage Door Remote, Built-In Oven, Central Vacuum, Countertop Range, ERV/HRV, In-Law Capability, On Demand Water Heater, Storage, Storage Area Lockers, Sump Pump, Bar Fridge
Carbon Monoxide Detectors, Security System, Smoke Detector
No historical data available for this property.
This could be the first listing for this address.
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.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in King.
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.
Comprehensive city-wide demographics, local real estate stats, and school rankings for King City, King.
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
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.