111 Norman Drive, King

Price: $1,788,000

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: N13567660

Welcome To 111 Norman Drive, A Beautifully Renovated Sidesplit Nestled In One Of King City's Most Established And Sought-After Neighbourhoods. This Exceptional 3-Bedroom Home Has Been Extensively Rebuilt From The Studs Between, Blending Timeless Design With Modern Luxury. Enjoy An Open-Concept Layout Featuring Hardwood Flooring, Vaulted Ceilings, A Designer Kitchen With Quartz Countertops, Centre Island, And Premium Appliances Including A La Cornue Induction Range And Dacor Built-In Refrigerator. The Spacious Lower-Level Rec Room Offers Additional Living Space With Above-Grade Windows And Pot Lights. Every Detail Has Been Thoughtfully Upgraded, Including New Electrical, Plumbing, HVAC, Furnace, A/C, Spray Foam Insulation, Windows, Shingles And Waterproofed Foundation. Both Bathrooms Feature Heated Floors, While Smart-Home Wiring, In-Ceiling Surround Sound, Central Vacuum, Security Cameras, Water Softener, And Reverse Osmosis System Add Everyday Comfort And Convenience. The Insulated Garage Includes 30-Amp/240V Service, Perfect For EV Charging Or A Workshop. Situated On A Generous 92' x 146' Lot With Parking For Four Vehicles, This Turnkey Home Offers Luxury, Quality Craftsmanship And An Unbeatable King City Location.

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$1,788,000 - 111 Norman Drive, King

Detached for Sale in King

Neighbourhood: King City

3Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
N13567660
Property Type
Detached
Status
active
Days on Site
19
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
King
Listing Brokerage
CAPITAL NORTH REALTY CORPORATION
Description

Welcome To 111 Norman Drive, A Beautifully Renovated Sidesplit Nestled In One Of King City's Most Established And Sought-After Neighbourhoods. This Exceptional 3-Bedroom Home Has Been Extensively Rebuilt From The Studs Between, Blending Timeless Design With Modern Luxury. Enjoy An Open-Concept Layout Featuring Hardwood Flooring, Vaulted Ceilings, A Designer Kitchen With Quartz Countertops, Centre Island, And Premium Appliances Including A La Cornue Induction Range And Dacor Built-In Refrigerator. The Spacious Lower-Level Rec Room Offers Additional Living Space With Above-Grade Windows And Pot Lights. Every Detail Has Been Thoughtfully Upgraded, Including New Electrical, Plumbing, HVAC, Furnace, A/C, Spray Foam Insulation, Windows, Shingles And Waterproofed Foundation. Both Bathrooms Feature Heated Floors, While Smart-Home Wiring, In-Ceiling Surround Sound, Central Vacuum, Security Cameras, Water Softener, And Reverse Osmosis System Add Everyday Comfort And Convenience. The Insulated Garage Includes 30-Amp/240V Service, Perfect For EV Charging Or A Workshop. Situated On A Generous 92' x 146' Lot With Parking For Four Vehicles, This Turnkey Home Offers Luxury, Quality Craftsmanship And An Unbeatable King City Location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,908.93/mo

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5-yr fixed avg.

Principal: $1,430,400Interest: $942,278
Mortgage Amount$1,430,400
Total Interest$942,278
Est. Property Tax$1,267/mo
Total Cost$2,372,678

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: King City

Discover King City

King City is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in King City

  • Convenient location in King
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

King City offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

111 Norman Drive, King

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
0.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$1,267
Insurance (est.)-$373
Net Cash Flow+$1,160

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1625/sqft, this property is priced above the King average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Market Position

At 19 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in King are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

About King City

I know King City well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: King properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $7,450 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    111 Norman Drive, King | $1,788,000 | Battaglia Team