$2,499,000

For sale

16 Gianvito Crescent, King (King City) - Single Family for Sale

16 Gianvito Crescent, King (King City), Ontario, L7B0T2

4 beds4 baths4 parking4,250 ft²50 × 108 ft (5,427 sq ft) lot sizeListed 57 days ago

Overview

This 4-bedroom, 4-bathroom home in King is for sale offering roughly 4,250 sq ft of space. Its $2,499,000 asking price sits right in line with the $2,499,000 median in King. It has been on the market 57 days, fresher than the King average of 68 days.

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Description

Imagine beginning every day with breathtaking, uninterrupted ravine sunrises right from your private balcony. At 16 Gianvito Cres, your dream lifestyle merges with luxurious comfort in this magnificent brand-new estate, built by Fernbrook with$300,000 in builder upgrades. Step inside to discover an impressive main floor with soaring 11- to 12-foot ceilings, a stunning9-box waffle ceiling in the family and living room, and an inviting fireplace. White Maple Hardwood floors span the main and second floors, while the kitchen and breakfast area shine with upgraded porcelain tile. The gourmet kitchen delights with an extra-large island, high-end Wolf appliances, a pot filler, and inspiring views of the lush ravine, keeping your spaces filled with sunlight from morning till evening. Entertain with ease thanks to the formal dining room with direct kitchen access. The spacious primary bedroom features two walk-in closets, a balcony overlooking the ravine, and a spectacular ensuite bathroom. Additional highlights include a separate side entrance with potential for a basement suite and a 60-amp rough-in for a car charging station. Please see the attached file for a complete list of upgrades. (id:66096)

Property Details

MLS®: N13753524
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 4
Half Baths: 1
Parking: 4
Interior Size: 4,250 ft²
Lot Size: 50 × 108 ft (5,427 sq ft)
Frontage: 50 ft
Storeys: 2
Basement: Partial, Separate entrance
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold

Rooms

Main level

Living room: 6.7 x 5.85 meters
Family room: 6.7 x 5.85 meters
Kitchen: 4.69 x 2.74 meters
Eating area: 4.69 x 3.04 meters
Dining room: 4.63 x 3.65 meters
Office: 3.35 x 2.8 meters

Second level

Laundry room
Primary Bedroom: 6.27 x 4.38 meters
Bedroom 2: 5.18 x 4.2 meters
Bedroom 3: 4.63 x 3.96 meters

Features

Appliances: Washer, Refrigerator, Gas stove(s), Dishwasher, Oven, Dryer, Microwave
Flooring: Hardwood, Porcelain Tile
Foundation: Concrete
Exterior: Brick
Lot Features: Irregular lot size, Ravine

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

57d

King (King City) listings, avg age

68d

Price / ft²

$588

List price

$2.50M

Haho

This 4-bed single family in King (King City) has been listed for 57 days, which is 11 days fresher than the city average of 68. Act while there is still low competition.

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Listed by ROYAL LEPAGE SIGNATURE REALTY · DANIEL DALAKI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L7B)

This home lists at $2,499,000, about 16.2× the local median household income of $154,000.

Carrying it typically needs a household income of about $488,142 (20% down, 25-yr amortization, stress-tested) — roughly 217% above the area median.

Median household income: $154,000
Population: 17,809
Median age: 42
Owner / renter: 90% / 10%
Avg. household size: 3.2

Source: Statistics Canada, 2021 Census (FSA L7B)

$2,499,000· $588/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $499,800

Min 20%50%

Mortgage payment$10,658/mo

Est. property tax$0/mo

Total monthly$10,658

Cash Needed to Close

Down payment (20%)$499,800

Land transfer tax$48,950

Est. closing costs$9,997

Total cash needed$558,747

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