$3,888,000 - 50 Elmers Lane, King
Detached for Sale in King
43 days on marketNeighbourhood: King City
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- MLS Number
- N13709184
- Property Type
- Detached
- Status
- active
- Days on Site
- 43
- Bedrooms
- 5
- Bathrooms
- 6
- Square Feet
- 5,000+ sqft
- Neighbourhood
- King
- Lot Size
- 11,367 sqft
- Taxes (2025)
- $19,455
- Listing Brokerage
- HAMMOND INTERNATIONAL PROPERTIES LIMITED
50 Elmers Lane presents an exceptional Treasure Hill residence offering approximately 5,300 sq. ft. above grade within an exclusive King City community.Grand 11-foot ceilings on the main level and 10-foot ceilings above create an impressive sense of scale, complemented by beautifully proportioned principal rooms and a chef's kitchen finished with custom cabinetry, stone surfaces, premium appliances and a generous centre island. Designed for both large-scale entertaining and relaxed family living, the main level is beautifully appointed with a bedroom and ensuite for multigenerational families a 4 Car Tandem garage, detailed ceilings, custom trim, statement chandeliers and elegant drapery. An additional 4 spacious bedrooms offer exceptional comfort and privacy, each with ensuite access, while the unfinished 2,736 sq. ft. lower level with walk-up provides outstanding potential for additional living and entertaining space.Professionally landscaped grounds, a fully fenced backyard and a 4 car tandem garage complete this refined family residence.Ideally positioned just steps from renowned Villanova College school , parks and scenic trails.
Estimate your monthly payments for this property
Estimated Payment
$17,197.94/mo
5-yr fixed avg.
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.
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
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.
50 Elmers Lane, King
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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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $778/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 43 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.
Larger Home Realities
At 5,000 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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in King.
Bathroom Count Matters
With 6 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.