181 Kingslynn Drive, King, ON

$3,288,000
MLS#:N9353013
4 beds
4 baths
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on September 27, 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 stucco (plaster) construction, this residence presents an exceptional opportunity offered at $3,288,000 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.

  • 4 Bedrooms and 4 Bathrooms
  • Premium 75.06 x 135.87 ft lot size
  • Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Central Vacuum
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to one of King City's most exceptional properties, nestled in a highly sought-after neighborhood. This custom-built home showcases a timeless design with 4 bedrooms, 4 bathrooms, soaring 11' ceilings on the main level, and 9' ceilings on the upper level. The 2-car garage is fully finished with custom features, including a heater. Set on a 75 by 135-foot lot, the home boasts custom cabinetry throughout, a chef's kitchen with marble countertops, marble flooring, and ultra high-end appliances, including a Sub-Zero fridge and wine fridge. The primary bedroom offers a spa-like ensuite and a beautifully designed his-and-hers dressing room. The kitchen overlooks a lushly landscaped property, providing an exceptional sense of privacy. Outdoor living is elevated with a built-in loggia, a stunning in-ground saltwater pool, and the added accessibility of an outdoor washroom and shower. Built-in speakers throughout the home, meticulously landscaped grounds, and numerous other luxury features make this home truly one of a kind. Located in the prestigious Clearview Heights community, your just a short walk from the King City GO Station, and minutes away from top-tier schools, renowned restaurants, upscale shops, and Hwy 400. This is more than just a home; its a lifestyle of unparalleled elegance.

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Property Summary

This detached home located at 181 Kingslynn Drive, King is currently for sale and has been available on SousaSells for 670 days. This property is listed at $3,288,000 with an estimated mortgage of $10,945* per month. It has 4 beds, 4 bathrooms, and is unknown square feet. 181 Kingslynn Drive, 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
4
Bathrooms
4
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 27, 2024
Sold price information is available to members only
Listed Date9/17/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionStucco (Plaster)
BasementUnfinished
Lot Size75.06 × 135.87 Feet
CountyYork
Annual Tax$13,035.57
Legal DescriptionLT 54 PL 502 KING; S/T A19216A

Parking & Garage

Parking Total6.0
Parking Space4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Library, Place Of Worship, Public Transit, School, Rec./Commun.Centre

Interior Features

Central Vacuum

Security Features

Community Features

Location

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181 Kingslynn Drive, 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 181 Kingslynn Drive, King, ON L7B 1H1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

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

Configure Loan Settings

Interest Rate4.00%
Down Payment$986,400 (30.0%)
* Minimum Canadian down payment required for this price is $657,600.
Amortization Period30 Years
Estimated Monthly Payment$10,945Based on a loan of $2,301,600 over 30 years.
Purchase Price$3,288,000
Loan Amount$2,301,600
Provincial Land Transfer Tax:$68,675
Total Estimated Closing Taxes:$68,675

About Purchasing a Home in King, ON

For a property listed at $3,288,000 in King, the legal minimum down payment is $657,600 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 $68,675 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 $68,675.

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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.