83 Elizabeth Grove, King, ON

$3,688,800
MLS#:N9400088
4 beds
6 baths
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on January 15, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungaloft detached located in the coveted neighborhood of King City. Expertly crafted featuring premium brick front and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $3,688,800 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 6 Bathrooms
  • Premium 80.07 x 132.12 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: Auto Garage Door Remote, Built-In Oven, Central Vacuum
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Stunning Custom-Built Transitional Bungaloft: A Dream Home Awaits!Nestled in the desirable King City neighborhood, this exquisite 2024 custom-built bungaloft boasts four spacious bedrooms with personalized walk-in closets and an impressive six washrooms . As you step inside, you're greeted by the grandeur of 11-foot ceilings and expansive black-framed windows that provide breathtaking views of the lush greenery outside. The elegant design features sleek, remote-controlled window coverings in the kitchen area, enhancing both style and convenience. Prepare gourmet meals in the state-of-the-art kitchen equipped with high-end Jennair and Bosch appliances. The open loft area, complete with cozy sitting spaces and 9-foot ceilings, offers a perfect setting for relaxation or entertaining. Enjoy luxurious touches like 6.5-inch Naked Oak Engineered Hardwood Flooring throughout and solid wood open riser stairs leading to the second floor.Safety and efficiency are top priorities, with motion sensor lights, and advanced HVAC features including a Lennox air conditioner, gas furnace, and Nest Smart Thermostat.The home is also equipped with a robust security system, ensuring peace of mind for you and your family.The expansive basement presents limitless possibilities with 2,600 square feet of unfinished space, featuring 9-foot ceilings and a rough-in for a full washroom perfect for a future theater, game room, or safe room.Step outside to the stunning backyard, highlighted by a 16 x 35 covered loggia, complete with an outdoor kitchen featuring a Napoleon built-in BBQ, speakers, and a luxurious mounted Smart TV ideal for entertaining friends and family. The environmentally-friendly mansard-style roof is designed with high-quality shingles and a reflective white,membrane, reducing energy consumption while offering a contemporary aesthetic.Located in a serene and family-friendly community,your new home at 83 Elizabeth Grove is waiting for you.Experience luxury living at its finest!

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Property Summary

This detached home located at 83 Elizabeth Grove, King is currently for sale and has been available on SousaSells for 640 days. This property is listed at $3,688,800 with an estimated mortgage of $12,279* per month. It has 4 beds, 6 bathrooms, and is unknown square feet. 83 Elizabeth Grove, 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
6
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 9, 2024
Sold price information is available to members only
Listed Date10/17/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungaloft
ConstructionBrick Front, Stucco (Plaster)
BasementUnfinished
Lot Size80.07 × 132.12 Feet
CountyYork
Annual Tax$6,516.05
Legal DescriptionLT 39 PL 532 KING ; KING

Parking & Garage

Parking Total6.0
Parking Space4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Auto Garage Door Remote, Built-In Oven, Central Vacuum, ERV/HRV, Primary Bedroom - Main Floor

Security Features

Alarm System, Carbon Monoxide Detectors, Smoke Detector

Community Features

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Location

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83 Elizabeth Grove, 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 83 Elizabeth Grove, King, ON L7B 1H6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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$1,106,640 (30.0%)
* Minimum Canadian down payment required for this price is $737,760.
Amortization Period30 Years
Estimated Monthly Payment$12,279Based on a loan of $2,582,160 over 30 years.
Purchase Price$3,688,800
Loan Amount$2,582,160
Provincial Land Transfer Tax:$78,695
Total Estimated Closing Taxes:$78,695

About Purchasing a Home in King, ON

For a property listed at $3,688,800 in King, the legal minimum down payment is $737,760 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 $78,695 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 $78,695.

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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.