4 Petersen Place, King

Price: $1,198,000

3 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Townhouse

MLS#: N13570492

Nestled in a highly sought after neighborhood, Freehold Potl Bungaloft Townhome Sits On A Large Lot on a peaceful street. The Home Is 1494 Sq Ft, and includes 3 Bedrooms Plus 3 Baths, With The Primary Bedroom On The Main Floor. 1 Car Garage With Entrance to rear yard, one driveway Parking Spot. A welcoming finished rear yard with patterned concrete area and turf grass for low maintenance. Great for entertaining outdoors!The home boasts Engineered Hardwood flooring throughout, Kitchen & breakfast area with ceramic floors, center island with pendant lighting, Granite Countertops, Custom backsplash, garden door with Hunter Douglas blinds & walkout to rear yard. Main Floor Primary bedroom with double closet and storage closet with organizers and 3 pc ensuite. High Ceiling In The foyer & Living/Dining Room for A Grand Entrance, and gas fireplace. Upstairs 2nd bedroom with hardwood floors, w/l closet with custom closet organizers, large window, ceiling fan and Hunter Douglas window blinds. 3rd bedroom with hardwood floors, double closet, niche for desk area. The Basement partially finished with laundry area, cold cellar, With Large Windows and partially drywalled, ready for your finishing. Great For First Time Buyers Or Downsizers!

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$1,198,000 - 4 Petersen Place, King

Townhouse for Sale in King

39 days on market

Neighbourhood: Nobleton

3Beds
3Baths
1,100 - 1,499Sq Ft
Townhouse
Property Details
MLS Number
N13570492
Property Type
Townhouse
Status
active
Days on Site
39
Bedrooms
3
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
King
Listing Brokerage
INTERCITY REALTY INC.
Description

Nestled in a highly sought after neighborhood, Freehold Potl Bungaloft Townhome Sits On A Large Lot on a peaceful street. The Home Is 1494 Sq Ft, and includes 3 Bedrooms Plus 3 Baths, With The Primary Bedroom On The Main Floor. 1 Car Garage With Entrance to rear yard, one driveway Parking Spot. A welcoming finished rear yard with patterned concrete area and turf grass for low maintenance. Great for entertaining outdoors!The home boasts Engineered Hardwood flooring throughout, Kitchen & breakfast area with ceramic floors, center island with pendant lighting, Granite Countertops, Custom backsplash, garden door with Hunter Douglas blinds & walkout to rear yard. Main Floor Primary bedroom with double closet and storage closet with organizers and 3 pc ensuite. High Ceiling In The foyer & Living/Dining Room for A Grand Entrance, and gas fireplace. Upstairs 2nd bedroom with hardwood floors, w/l closet with custom closet organizers, large window, ceiling fan and Hunter Douglas window blinds. 3rd bedroom with hardwood floors, double closet, niche for desk area. The Basement partially finished with laundry area, cold cellar, With Large Windows and partially drywalled, ready for your finishing. Great For First Time Buyers Or Downsizers!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,299.16/mo

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5-yr fixed avg.

Principal: $958,400Interest: $631,347
Mortgage Amount$958,400
Total Interest$631,347
Est. Property Tax$849/mo
Total Cost$1,589,747

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: Nobleton

Discover Nobleton

Nobleton 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 Nobleton

  • 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

Nobleton 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

4 Petersen Place, King

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,550/mo
Range: $2,168 - $2,933
Cap Rate (ROI)
1.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,550
Maintenance Fees-$0
Property Tax (est.)-$849
Insurance (est.)-$250
Net Cash Flow+$1,451

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 $1089/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.

Market Position

At 39 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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in King have shown strong appreciation as families seek more space.

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.

Bathroom Count Matters

With 3 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.

About Nobleton

I know Nobleton 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.

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    4 Petersen Place, King | $1,198,000 | Battaglia Team