3 Burton Grove, King, ON
King City, King · MLS® N13218840
About this home
Welcome to one of King City's most prestigious communities. Nestled on a rare pie shaped lot backing onto a ravine, this exceptional luxury residence sits on nearly one acre of beautifully landscaped grounds, offering unmatched privacy and a tranquil park-like setting. Designed for sophisticated living, the home features expansive principal rooms, large windows filled with natural light, 4 upper floor bedrooms and 5+1 bathrooms. The stunning primary suite offers a bright and elegant retreat with vaulted ceilings and a floor-to-ceiling Juliette balcony overlooking the expansive tree lined backyard oasis. The home includes a fully customized chef's kitchen with premium finishes, as well as a separate entrance luxury main floor studio ideal for extended family, guests, or multi generational living. Additional highlights include 3 kitchens, a triple car garage with parking for up to 10 additional vehicles, and two separate heating and air-conditioning systems for enhanced comfort and efficiency. Located just minutes from the King City Village core, parks, trails, top rated schools, GO Transit, and convenient access to Highway 400, this is a rare opportunity to own a private estate property in one of King City's most sought after locations.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13218840
- Bedrooms
- 4
- Bathrooms
- 6 (1 half)
- Size
- 3500-5000
- Lot
- 116.94 × 330.46 ft
- Cross streets
- Keele St / Burton Grove
- Parking
- 3 garage · 12 parking (built-in)
- Driveway
- Private Triple, Private
- Basement
- Finished
- Kitchens
- 3 (2 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stucco (Plaster)
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $13,190 / 2025
- Days on market
- 48
- Listing brokerage
- HOMELIFE NEW WORLD REALTY INC.
Rooms
Juliette Balcony
combined w/kitchen · w/o to yard
Listed at $2,988,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.74M, a bit lower.
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 $3.39M
- Bathrooms +$15K
- Adjusts to $3.40M
That comparable adjusts to $3.40M; the $3.07M estimate above is the median of all 7 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 $3.07M, median of 7 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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Income potential
- Worth verifying
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 7 active listings nearby.
See all comparable homesThis home lists 9% below the area average of $771/sqft.
27 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 698 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 $2,390,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $12,756
- Property tax
- $1,099
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $13,855
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $61,175
- Estimated closing costs
- $61,175
Plus your down payment of $597,600. 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
- $765,364
- Principal paid down
- $304,418
- Interest paid
- $460,946
- Balance remaining
- $2,085,982
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 HOMELIFE NEW WORLD REALTY INC.. MLS®/PropTx.