Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of King City. Expertly crafted featuring premium brick and wood construction, this residence presents an exceptional opportunity offered at $2,890,000 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.
An unparalleled opportunity to construct a landmark custom estate on one of King City's most prestigious streets. This spectacular 2.6-acre ravine property boasts an extraordinary 300 ft frontage and 555 ft of depth on Burns Boulevard, offering the ultimate, private canvas for an architectural masterpiece backing onto breathtaking, serene natural vistas. The spacious existing residence is completely move-in ready-featuring a renovated chef's kitchen and an in-ground pool-and is currently tenanted month-to-month at $6,000/month, providing immediate, hassle-free cash flow to cover carrying costs while you secure permits and design your grand vision. Nestled in a premier, highly connected location just minutes from the GO Station, Hwy 400, elite private schools, and fine dining, this is a generational opportunity to build a legacy home on a truly unmatched scale.
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This detached home located at 372 Burns Boulevard, King is currently for sale and has been available on SousaSells for 4 days. This property is listed at $2,890,000 with an estimated mortgage of $9,620* per month. It has 5 beds, 4 bathrooms, and is 3500-5000 square feet. 372 Burns Boulevard, King is in the King City neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Park, Public Transit, School, Rec./Commun.Centre
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This could be the first listing for this address.
Data-driven valuation for 372 Burns Boulevard, King, ON L7B 1E1
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 $2,890,000 in King, the legal minimum down payment is $578,000 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 $58,725 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 $58,725.
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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.