150 ELMERS Lane, King

Price: $3,280,000

4 bedrooms, 5 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: N13516780

Luxury Estate Living in Prestigious King City!! Experience luxury in one of King City's most coveted estate communities. Set on an impresive premium corner lot, this extrardnry custom residence offers over 4,100 sq. ft. of exquisitely living space, plus apprxmtly 1,800 sq. ft. of spacious W/O basement, blending timeless elegance with exceptional craftsmanship and modern sophistication.A striking stone and stucco façade, expansive driveway, and rare 4-car garage create a commanding first impression. Inside, soaring 11-foot main-floor ceilings, 10-foot second-floor ceilings, dramatic waffle ceilings, rich hardwood flooring, and multiple fireplaces establish an atmosphere of warmth and refined luxury throughout.The heart of the home is a spectacular chef's kitchen featuring premium Wolf and Sub-Zero appliances, custom cabinetry, quartz waterfall countertops, an oversized island, and seamless access to a covered loggia with an outdoor kitchen/BBQ area-perfect for effortless indoor-outdoor entertaining.The luxurious primary suite is a private retreat, featuring a spa-inspired 6-piece ensuite with an oversized glass shower, makeup vanity, and custom his-and-her walk-in closets. Every additional bedroom offers its own private ensuite and walk-in closet, ensuring exceptional comfort and privacy for family and guests.Step outside into your own resort-inspired backyard sanctuary. Professionally landscaped and fully fenced for complete privacy, this spectacular outdoor oasis features a fully automated lawn sprinkler system-creating the perfect setting for entertaining guests or enjoying peaceful moments of relaxation.Ideally located in the heart of prestigious King City, this exceptional residence is just minutes from top-ranked private and public schools including Villanova College, CDS, SAC and top public schools.This is more than a home-it's an extraordinary lifestyle opportunity in one of the GTA's most exclusive communities.

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New Listing
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$3,280,000 - 150 ELMERS Lane, King

Detached for Sale in King

New — Listed 4 days ago

Neighbourhood: King City

4Beds
5Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
N13516780
Property Type
Detached
Status
active
Days on Site
4
Bedrooms
4
Bathrooms
5
Square Feet
3,500 - 3,999 sqft
Neighbourhood
King
Lot Size
10,129 sqft
Listing Brokerage
GOLDEN HOUSE REALTY INC.
Description

Luxury Estate Living in Prestigious King City!! Experience luxury in one of King City's most coveted estate communities. Set on an impresive premium corner lot, this extrardnry custom residence offers over 4,100 sq. ft. of exquisitely living space, plus apprxmtly 1,800 sq. ft. of spacious W/O basement, blending timeless elegance with exceptional craftsmanship and modern sophistication.A striking stone and stucco façade, expansive driveway, and rare 4-car garage create a commanding first impression. Inside, soaring 11-foot main-floor ceilings, 10-foot second-floor ceilings, dramatic waffle ceilings, rich hardwood flooring, and multiple fireplaces establish an atmosphere of warmth and refined luxury throughout.The heart of the home is a spectacular chef's kitchen featuring premium Wolf and Sub-Zero appliances, custom cabinetry, quartz waterfall countertops, an oversized island, and seamless access to a covered loggia with an outdoor kitchen/BBQ area-perfect for effortless indoor-outdoor entertaining.The luxurious primary suite is a private retreat, featuring a spa-inspired 6-piece ensuite with an oversized glass shower, makeup vanity, and custom his-and-her walk-in closets. Every additional bedroom offers its own private ensuite and walk-in closet, ensuring exceptional comfort and privacy for family and guests.Step outside into your own resort-inspired backyard sanctuary. Professionally landscaped and fully fenced for complete privacy, this spectacular outdoor oasis features a fully automated lawn sprinkler system-creating the perfect setting for entertaining guests or enjoying peaceful moments of relaxation.Ideally located in the heart of prestigious King City, this exceptional residence is just minutes from top-ranked private and public schools including Villanova College, CDS, SAC and top public schools.This is more than a home-it's an extraordinary lifestyle opportunity in one of the GTA's most exclusive communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$14,508.55/mo

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5-yr fixed avg.

Principal: $2,624,000Interest: $1,728,564
Mortgage Amount$2,624,000
Total Interest$1,728,564
Est. Property Tax$2,323/mo
Total Cost$4,352,564

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

150 ELMERS Lane, King

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,050/mo
Range: $3,443 - $4,658
Cap Rate (ROI)
0.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,050
Maintenance Fees-$0
Property Tax (est.)-$2,323
Insurance (est.)-$683
Net Cash Flow+$1,044

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

Fair Market Value

At $937/sqft, this property is priced in line with current King market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Just Listed - Act Strategically

This property hit the market within the last week. In King's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to King. Good resale value as demand remains consistent.

Bathroom Count Matters

With 5 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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    150 ELMERS Lane, King | $3,280,000 | Battaglia Team