$1,798,888

For sale

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7 Nicort Road, King (King City) - Single Family for Sale

7 Nicort Road, King (King City), Ontario, L7B0B6

4 beds4 baths4 parking ft²

372 Burns Boulevard, King (King City), Ontario, L7B1E1

5 bd4 ba24 pk4,250 ft²Lot size 292 × 556 ft (3.72 acres)

425 WARREN Road, King (King City), Ontario, L7B1C4

4 bd4 ba8 pk2,250 ft²Lot size 98 × 222 ft (21,719 sq ft)

Listed by RE/MAX HALLMARK REALTY LTD.

80 Chuck Ormsby Crescent, King (King City), Ontario, L7B0A9

For sale

9 days ago

$2.99M

80 Chuck Ormsby Crescent, King (King City), Ontario, L7B0A9

4 bd5 ba7 pk4,250 ft²Lot size 61 × 210 ft (12,813 sq ft)

175 South Summit Farm Road, King (King City), Ontario, L7B1J8

3 bd3 ba14 pk2,250 ft²Lot size 923 × 829 ft (17.55 acres)

Listed by FARIS TEAM REAL ESTATE BROKERAGE

Investment analysis

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$1,798,888

King

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Overview

This 4-bedroom, 4-bathroom home in King is for sale offering roughly 4,250 sq ft of space. Listed at $1,798,888, it is attractively priced about 28% below the $2,499,000 median asking price in King. It has been on the market 40 days, fresher than the King average of 68 days.

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Description

***3565 Sqft*** Experience the ultimate in elegance and beauty with our luxurious model home. Featuring hardwood floors throughout the main living areas, this residence boasts a spacious kitchen with a waffle ceiling and granite countertops. Enjoy separate living, family, breakfast, and formal dining rooms, along with a dedicated home office. The living room impresses with its soaring 12.5 ft ceiling, and the stunning spiral foyer leads to a huge primary br with 5 pc ensuite. A second huge family room overlooks front with large windows. while the second bedroom features a private 3-piece ensuite. Ensuite has 5 piece owner bedroom with walkin closet, Other bedrooms have their own washrooms. (id:66096)

Property Details

MLS®: N13831170
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: 42 × 116 ft (4,859 sq ft)
Frontage: 42 ft
Storeys: 2
Basement: Unfinished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $9,900/yr
Listed: 40 days ago

Rooms

Main level

Dining room: 5.3 x 4.2 meters
Family room: 6.7 x 4.6 meters
Office: 3.77 x 3.08 meters
Kitchen: 4.9 x 4.6 meters
Eating area: 4 x 3.35 meters

In between

Living room: 5.91 x 5.42 meters

Second level

Primary Bedroom: 6.46 x 3.96 meters
Bedroom 2: 4 x 3.35 meters
Bedroom 3: 3.96 x 3.53 meters
Bedroom 4: 3.96 x 3.6 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Area context

Neighbourhood profile (L7B)

This home lists at $1,798,888, about 11.7× the local median household income of $154,000.

Carrying it typically needs a household income of about $351,386 (20% down, 25-yr amortization, stress-tested) — roughly 128% 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)

$1,798,888· $423/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $359,777.60

Min 20%50%

Mortgage payment$7,672/mo

Property tax (est.)$825/mo

Total monthly$8,497

Cash Needed to Close

Down payment (20%)$359,778

Land transfer tax$32,453

Est. closing costs$7,897

Total cash needed$400,127

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

7 Nicort Road, King (King City) - Single Family for Sale

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Description

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Neighbourhood profile (L7B)

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