62 Mount Mellick Drive, King, ON

$7,488,000
MLS#:N13045248
5 beds
7 baths
5000 + sqft
26.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Rural King. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $7,488,000 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 7 Bathrooms with 2 functional kitchens
  • Generous living space spanning 5000 + sqft on a premium 328.64 x 410.76 ft lot
  • Features a separate entrance, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 26.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Air Exchanger, Auto Garage Door Remote, ERV/HRV
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

An exceptional opportunity in prestigious King City to own a grand estate property offering over 13,000 sq.ft. of total living space. This expansive residence presents a true blank canvas for end-users, builders, or investors looking to design and finish a custom home tailored to their exact vision. The main level offers an impressive footprint with generously sized principal rooms, including a large kitchen area, formal dining space, private office, and expansive living areas ready to be reimagined. The layout provides excellent flow and scale, ideal for creating a modern open-concept design or maintaining defined luxury spaces. The second level features multiple oversized bedrooms, including a substantial primary suite with walk-in closet and ensuite layout, along with additional bedrooms positioned for privacy and functionality-each with access to bathrooms and ample closet space. The basement remains unfinished, offering a significant amount of additional square footage with endless possibilities for customization-whether a recreational level, wellness space, home theatre, or in-law suite. Featuring 6 garage spaces and a separate in-law suite above the garage, this property offers exceptional flexibility for multi-generational living or additional accommodation. Situated on a premium lot in a sought-after King City location, close to top-rated schools, parks, and commuter routes. A rare opportunity to complete a truly custom estate.

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Key Features

Bedrooms
5
Bathrooms
7
Kitchens
2
Living Area
5000 + sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date4/24/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementSeparate Entrance, Unfinished
Lot Size328.64 × 410.76 Feet
CountyYork
Annual Tax$0
Legal DescriptionLOT 8, PLAN 65M3805, KING. SUBJECT TO AN EASEMENT FOR ENTRY AS IN YR3245027

Parking & Garage

Parking Spaces26.0
Garage Spaces20
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Air Exchanger, Auto Garage Door Remote, ERV/HRV, In-Law Capability, On Demand Water Heater, Rough-In Bath, Storage Area Lockers, Sump Pump

Security Features

Community Features

Location

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62 Mount Mellick 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 62 Mount Mellick Drive, King, ON L7B 1A3

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.

Market Trend
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Mortgage & Affordability Audit

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

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Interest Rate5.25%
Down Payment$1,497,600 (20.0%)
* Minimum Canadian down payment required for this price is $1,497,600.
Amortization Period25 Years
Estimated Monthly Payment$35,698Based on a loan of $5,990,400 over 25 years.
Purchase Price$7,488,000
Loan Amount$5,990,400
Provincial Land Transfer Tax:$173,675
Total Estimated Closing Taxes:$173,675

About Purchasing a Home in King, ON

For a property listed at $7,488,000 in King, the legal minimum down payment is $1,497,600 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 $173,675 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 $173,675.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Rural King, King.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$4,434,312

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.