372 Burns Boulevard, King, ON
King City, King · MLS® N13564806
About this home
An unparalleled opportunity to construct a landmark custom estate on one of King City's most prestigious streets. This spectacular 2.6-acre ravine property boasts an extraordinary 300 ft frontage and 555 ft of depth on Burns Boulevard, offering the ultimate, private canvas for an architectural masterpiece backing onto breathtaking, serene natural vistas. The spacious existing residence is completely move-in ready-featuring a renovated chef's kitchen and an in-ground pool-and is currently tenanted month-to-month at $6,000/month, providing immediate, hassle-free cash flow to cover carrying costs while you secure permits and design your grand vision. Nestled in a premier, highly connected location just minutes from the GO Station, Hwy 400, elite private schools, and fine dining, this is a generational opportunity to build a legacy home on a truly unmatched scale.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13564806
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 4 (1 half)
- Size
- 3500-5000
- Lot
- 291.95 × 555.6 ft
- Cross streets
- Keele St and Station Rd
- Parking
- 4 garage · 24 parking (attached)
- Driveway
- Private
- Basement
- Finished with Walk-Out
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Wood
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $15,792 / 2025
- Days on market
- 2
- Listing brokerage
- RE/MAX EXPERTS
Rooms
hardwood floor · closet · large window
hardwood floor · closet · large window
laminate · closet · window
hardwood floor · large window · open concept
hardwood floor · large window
laminate · open concept · w/o to garden
hardwood floor · large window · open concept
hardwood floor · fireplace · open concept
porcelain floor · combined w/kitchen · open concept
hardwood floor · closet · large window
porcelain floor · stainless steel appl · centre island
hardwood floor · 5 pc ensuite · walk-in closet(s)
Listed at $2,890,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
Based on 12 similar homes nearby, adjusted for size, beds, and baths.Median of 12 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.01M, a close match.
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 $3.36M
- Bedrooms +$30K
- Adjusts to $3.39M
That comparable adjusts to $3.39M; the $2.75M estimate above is the median of all 12 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 City is about a 4-minute walk away.
Total price vs nearby homes. Fair value about $2.75M, median of 12 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.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Development potential: upside only if zoning permits, verify with the city before relying on it.
- Worth verifying
- Value driver
- Weigh carefully
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 8% above the area average of $627/sqft.
19 days faster 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 City, about 319 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 $2,312,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $12,338
- Property tax
- $1,316
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $13,654
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $58,725
- Estimated closing costs
- $58,725
Plus your down payment of $578,000. 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
- $740,261
- Principal paid down
- $294,434
- Interest paid
- $445,828
- Balance remaining
- $2,017,566
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
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 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 RE/MAX EXPERTS. MLS®/PropTx.