256 Patricia Drive, King, ON
King City, King · MLS® N13147954
About this home
As You Arrive At This Distinguished Address, The Residence Commands Attention. A Masterfully Composed Estate Defined By Architectural Integrity & Bespoke Detailing, This Over 9,000 Sqft Home Blends Neo-Classical Elegance With Contemporary Luxury, Delivering A Refined Expression Of Scale &Craftsmanship On A Coveted 100 X 180 Ft Lot In Prestigious King City. Completed In 2019, The Home Presents A Striking Limestone & Stucco Exterior Complemented By A 3-Car Garage & Expansive 10-Car Driveway. Inside, A Dramatic 11-Ft Foyer Introduces Open-Concept Interiors Enriched By Custom Millwork, Curated Finishes & Seamless Flow Throughout. The Chef's Kitchen Is Impeccably Appointed With Sub-Zero & Wolf Appliances, Granite Surfaces & Bespoke Cabinetry, Opening Into Graceful Living & Dining Areas Anchored By Statement Stone Fireplaces & Refined Architectural Details. Throughout The Main Level, Thoughtful Design Enhances Functionality, Featuring A Well-Equipped Mudroom With Dog Wash Station, Private Library, Custom Laundry & In-House Elevator. A Grand Wrought-Iron Staircase Serves As A Sculptural Centrepiece, Connecting All Levels With Elegance. The Upper Level Offers 5 Bedrooms, Each With Ensuite Access, Including A Luxurious Primary Retreat With Spa-Inspired Marble Bath & Custom Walk-In Dressing Room. The Fully-Finished Walk-Up Lower Level, With Elevated Ceilings & In-Floor Heating, Extends The Home's Living Space With A Classic Wine Bar, Theatre, Sauna, Recreation Lounge, Nanny Suite & Access To A Heated Terrace, Ideal For Entertaining Or Multi-Generational Living. Outdoors, A Stone Terrace & Lush Yard Provide A Tranquil Extension Of The Home. Smart Home Integration, Dual HVAC, Surveillance & Whole-Home Audio Complete This Exceptional Offering. This Is More Than An Estate, It's A Residence Where Every Detail Has Been Carefully Considered, Where Comfort & Sophistication Exist In Perfect Harmony & Where Home Is Experienced At Its Highest Level.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13147954
- Bedrooms
- 6 (5 + 1)
- Bathrooms
- 8 (1 half)
- Size
- 5,000 sq ft
- Lot
- 100.3 × 173.28 ft
- Cross streets
- King Rd & Keele St
- Parking
- 3 garage · 13 parking (attached)
- Driveway
- Private, Inside Entry
- Basement
- Finished, Walk-Up
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone, Stucco (Plaster)
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $22,100 / 2025
- Days on market
- 58
- Listing brokerage
- LPT REALTY
Rooms
walk-in closet(s) · hardwood floor · 3 pc ensuite
walk-in closet(s) · hardwood floor · 3 pc ensuite
b/i bookcase · pot lights · french doors
walk-in closet(s) · gas fireplace · 6 pc ensuite
porcelain floor · pot lights · crown moulding
access to garage · b/i closet · window
gas fireplace · wet bar · open concept
porcelain floor · pot lights · gas fireplace
walk-in closet(s) · hardwood floor · 4 pc ensuite
walk-in closet(s) · hardwood floor · 3 pc ensuite
porcelain floor · w/o to patio · crown moulding
laundry sink · stone counters
porcelain floor · pot lights · crown moulding
Listed at $4,880,000, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.
Based on 9 similar homes nearby, adjusted for size, beds, and baths.Median of 9 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $4.76M, a bit higher. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $5.59M
- Bathrooms +$15K
- Adjusts to $5.61M
That comparable adjusts to $5.61M; the $4.01M estimate above is the median of all 9 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
Its public catchment (King City PS) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. King Rd / King Blvd is about a 9-minute walk away.
Total price vs nearby homes. Fair value about $4.01M, median of 9 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Open-concept layout: modern, sought-after flow.
- Elevator: rare and valuable for accessibility and resale.
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 11% below the area average of $1,101/sqft.
37 days longer than the King average (21 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
King City, King, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Somewhat WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Some errands on foot, but most trips need a car.
🚉 Nearest transit: King Rd / King Blvd, about 734 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). King.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $3,904,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $20,833
- Property tax
- $1,842
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $22,675
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $108,475
- Estimated closing costs
- $108,475
Plus your down payment of $976,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $1,249,992
- Principal paid down
- $497,175
- Interest paid
- $752,816
- Balance remaining
- $3,406,825
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of LPT REALTY. MLS®/PropTx.