42 Chelsea Lane, King, ON
Property no longer active
This property was sold on September 17, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of King City. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,990,000 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 4 Bathrooms
- Premium 231.1 x 502.34 ft lot size
- Features a finished, walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 9.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Water Treatment, Water Heater, Auto Garage Door Remote
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
A West Coast open concept bungalow nestled in the serenity of Kingscross Estates! With 2.85 acres of private bliss surrounded by the beauty of nature, it's a haven for those seeking tranquility. The winding tributary of the Humber adds a touch of enchantment, making it a true nature-lover's paradise. Who wouldn't want to wake up to these views from every window, each one offering a glimpse into this idyllic setting? A master retreat with a spa bathroom, the epitome of luxury and relaxation. Generous windows invite the beauty of natural light to fill every corner, creating a serene and uplifting atmosphere throughout the home. It's the perfect blend of comfort and elegance, designed to soothe the senses and nourish the soul A Magical Lot On A Coveted Cul-De-Sac. Mins to charming King City, GO train, Country Day School, Restaurants, Cool Cafe's, Shops & 400
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Property Summary
This detached home located at 42 Chelsea Lane, King is currently for sale and has been available on SousaSells for 744 days. This property is listed at $2,990,000 with an estimated mortgage of $9,953* per month. It has 5 beds, 4 bathrooms, and is unknown square feet. 42 Chelsea 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
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
River/Stream, Wooded/Treed
Interior Features
Water Treatment, Water Heater, Auto Garage Door Remote, Central Vacuum, Primary Bedroom - Main Floor, Upgraded Insulation
Security Features
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 42 Chelsea Lane, King, ON L7B 1E6
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 $2,990,000 in King, the legal minimum down payment is $598,000 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 $61,225 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 $61,225.
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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.