142 Manitou Drive, King, ON

King City, King · MLS® N13093046

$8,498,000
For Sale
Listed 166 days agoNo offer date statedSitting longer than typical
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6+2Bedrooms
10Bathrooms
4Garage · 14 parking
5,000Sq ft

About this home

In short

  • Spanning approximately 13,980 sq. ft. of total finished living space across four exceptional levels, this one-of-a-kind Kingscross estate delivers an extraordinary...
  • Nestled on approximately 2 acres within an exclusive cul-de-sac in prestigious Kingscross Estates, this exceptional residence is ideally located minutes from top...
  • Showcasing exceptional craftsmanship and curated finishes throughout, the home offers 8 bedrooms including a private nanny suite and third-floor loft-style suite.
  • Designed for elevated living, the residence features soaring 11' main floor ceilings, 10' second floor ceilings, and 9' ceilings throughout the basement and loft...
  • The designer walnut kitchen is outfitted with illuminated custom cabinetry, Breccia Grigio stone countertops, and a premium Wolf & Sub-Zero appliance package.

Spanning approximately 13,980 sq. ft. of total finished living space across four exceptional levels, this one-of-a-kind Kingscross estate delivers an extraordinary combination of scale, craftsmanship, and luxury. Architecturally designed by Giorgio Lolos, with custom cabinetry, stone fabrication, metalwork, and interior detailing by award-winning Fabbrica Unique. Nestled on approximately 2 acres within an exclusive cul-de-sac in prestigious Kingscross Estates, this exceptional residence is ideally located minutes from top private schools and convenient access to Highway 400. Showcasing exceptional craftsmanship and curated finishes throughout, the home offers 8 bedrooms including a private nanny suite and third-floor loft-style suite. Designed for elevated living, the residence features soaring 11' main floor ceilings, 10' second floor ceilings, and 9' ceilings throughout the basement and loft level, along with radiant heated floors including the basement, elevator access to all four floors, five fireplaces, and a private oversized gym. The designer walnut kitchen is outfitted with illuminated custom cabinetry, Breccia Grigio stone countertops, and a premium Wolf & Sub-Zero appliance package. Exceptional entertaining spaces include multiple bars, integrated smart home automation, whole-home audio/video systems, and a custom private theatre featuring a JVC 4K projector, 150" acoustically transparent screen, Paradigm 11.2 surround sound, and Pioneer receiver system. Additional highlights include custom stone flooring with brass inlays, Loewen windows and doors, 2.75" solid mahogany entry doors, sauna, steam showers, safe room, heated garage floors, 4-car garage reinforced for vehicle lifts, irrigation system, Kohler 38kW generator, and a full Control4 smart home and security system with 16-camera surveillance. A rare opportunity offering uncompromising design, innovation, and luxury living.

Key facts

Property type
Detached, 3-Storey
MLS®
N13093046
Bedrooms
6+2 (8 total)
Bathrooms
10 (3 half)
Size
5,000 sq ft
Lot
189 × 460 ft
Cross streets
Keele & Kingscross
Parking
4 garage · 14 parking (attached)
Driveway
Private
Basement
Finished with Walk-Out
Heating
Radiant
A/C
Central Air
Exterior
Other, Stone
Foundation
Poured Concrete
Roof
Shingles
Sewer
Septic
Property tax
$34,789 / 2025
Days on market
166
Listing brokerage
NEST SEEKERS INTERNATIONAL REAL ESTATE
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

Neighbourhood & location

King City, King, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Rural King
$4.30M
Nobleton
$2.28M
Pottageville
$1.69M
Schomberg
$2.30M

Typical asking price of active listings of the same type, per area (outliers removed). King.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$38,731/mo
$1565KIncome needed
5.4×Price ÷ income
$8,938Weekly cost
$198,925Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

93%mortgage
Mortgage $38,731Property tax $2,899Total carry $41,630

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$37,590per month

Mortgage amount $6,798,400 · 4.49% over 25 years

$1,699,600Down payment (20.0%)
$6,798,400Loan before insurance
$0CMHC premium
$40,489Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$37,590
Property tax
$2,899
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$40,489

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$198,925
Estimated closing costs
$198,925

Plus your down payment of $1,699,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$45,496/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$4,478,456Total interest paid
$11,276,856Total of all payments
Principal $6,798,400 Interest $4,478,456
YearPrincipalInterestBalance
1$151,711$299,363$6,646,689
2$158,600$292,475$6,488,089
3$165,801$285,274$6,322,288
4$173,329$277,746$6,148,960
5$181,199$269,876$5,967,761
6$189,426$261,649$5,778,335
7$198,026$253,048$5,580,309
8$207,018$244,057$5,373,291
9$216,417$234,657$5,156,874
10$226,243$224,831$4,930,631
11$236,516$214,559$4,694,116
12$247,254$203,820$4,446,861
13$258,481$192,594$4,188,381
14$270,217$180,858$3,918,164
15$282,486$168,589$3,635,679
16$295,312$155,763$3,340,367
17$308,720$142,354$3,031,647
18$322,737$128,337$2,708,910
19$337,391$113,684$2,371,520
20$352,709$98,365$2,018,810
21$368,724$82,350$1,650,086
22$385,465$65,609$1,264,621
23$402,967$48,107$861,654
24$421,263$29,811$440,390
25$440,390$10,684$0

At the end of your 5-year term

Total paid over the term
$2,255,371
Principal paid down
$830,639
Interest paid
$1,424,732
Balance remaining
$5,967,761

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$10,500/mo
$126,000Gross annual rent
0.9%Cap rate after taxes and upkeep

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

1.5%
Gross yield
− Property tax $34,789− Insurance $1,400− Vacancy & upkeep $13,860Net operating income $75,951

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of NEST SEEKERS INTERNATIONAL REAL ESTATE. MLS®/PropTx.

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