212 Burns Boulevard, King, ON
King City, King · MLS® N13570086
About this home
In short
- A Rare Opportunity to Own A Magnificent Estate In The Heart Of King City.
- With Over 6000 Sqft (Main +Lower) Living Space, This Residence Offers An Exceptional Sense of Privacy And Tranquility.
- The Sunfilled Layout Of This Property Features Over 18' Soaing Entrance Foyer, 2 Skylights, 4 Spacious Bedrooms, Primary Bedroom With 7Pcs Ensuite, 2 Gourmet Kitchens...
- The Fully Finished Lower Level Provides Additional Living Space With Two Walkout Doors To The Patio And Inground Heated Saltwater Pool, Large Recreation Area, 2nd...
- The Oversized 3 Car Garage And The Expansive Driveway Offer Ample Parking Spaces.
A Rare Opportunity to Own A Magnificent Estate In The Heart Of King City. Set On A Premier, Fully Usable Beautiful Ravin Lot, This Property Presents A Massive Upscale Potential - Perfect For Buidling Your Dream Luxury Home Or A High-End Investment. With Over 6000 Sqft (Main +Lower) Living Space, This Residence Offers An Exceptional Sense of Privacy And Tranquility. The Sunfilled Layout Of This Property Features Over 18' Soaing Entrance Foyer, 2 Skylights, 4 Spacious Bedrooms, Primary Bedroom With 7Pcs Ensuite, 2 Gourmet Kitchens And Seamless Walkouts To The Breathtaking Outdoor Surroundings. The Fully Finished Lower Level Provides Additional Living Space With Two Walkout Doors To The Patio And Inground Heated Saltwater Pool, Large Recreation Area, 2nd Kitchen, A Luxurious Bathroom With Soaker Tub, Ideal For Extended family And Guests Activities And Entertainment. The Oversized 3 Car Garage And The Expansive Driveway Offer Ample Parking Spaces. This Residence offers A Remarkable Blend Of A Life Style, Nature Beauty, Seclusion And Peace While Being Minute Away From Town Amenities Such As Restaurants, Shopping Plaza, Golf Courses, Town Recreation Centre, Top Schools, Go Station, HWY 400 And More...
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13570086
- Bedrooms
- 4
- Bathrooms
- 4 (1 half)
- Size
- 3500-5000 sq ft
- Lot
- 198.06 × 231 ft
- Cross streets
- King Rd/Keele St
- Parking
- 3 garage · 11 parking (attached)
- Driveway
- Private Triple
- Basement
- Finished with Walk-Out
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick Front, Concrete
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $13,923 / 2026
- Days on market
- 68
- Listing brokerage
- HOMELIFE NEW WORLD REALTY INC.
Rooms
hardwood floor · pot lights · b/i closet
parquet · fireplace · w/o to patio
ceramic floor · pot lights · overlooks pool
hardwood floor · french doors · pot lights
hardwood floor · formal rm · pot lights
hardwood floor · w/o to deck · overlooks family
ceramic floor · double closet · walk through
hardwood floor · pot lights · b/i closet
hardwood floor · overlooks pool · pot lights
ceramic floor · pot lights · w/o to patio
hardwood floor · granite counters · overlooks backyard
hardwood floor · pot lights · b/i closet
hardwood floor · skylight · fireplace
hardwood floor · 7 pc ensuite · walk-in closet(s)
Listed at $3,360,000. Going by how homes in King City and the wider GTA have actually closed against their asking prices (about 96%, 13 local closings in 90 days), the likely sale price is near $3.23M, if it sells. A realistic range is $3.03M to $3.65M.
Independent value check: $2.87M. Without looking at the asking price, our model values the home itself about 14% below the ask (homes like it typically land between $2.69M and $3.01M).
Why $2.87M. The typical detached home sold in King City over the past year went for about $2.28M (67 sales). What sets this one apart:
- ▲ Raises it stronglyIts lot is 198 by 231 ft; the typical lot sold here is 83 by 148.
- ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $13,923 a year; the typical home sold here pays about $12,600.
- ▲ Raises it3 garage and 11 total parking spaces, against 2 and 6 typically.
Total price vs nearby homes. Likely closing about $3.23M, from 13 recent closings in this pocket.
The market behind the math:
About 4.8 months of inventory: 21 detached homes for sale in the area against 13 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $791/sqft against an area asking average of $644/sqft.
- Walk-out basement apartment features. A finished walk-out basement apartment with a second kitchen. A self-contained space for extended family, guests or potential income. In King City basements rarely rent out (4 of 60 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the Town of King.
- Ravine / green setting. This home sits beside a wooded ravine. A premium that comparable-sales math under-prices, so read the estimate as a floor.
- Inground pool. Priced into the comparison on the assumption it is clean and modern. A pool costs more to build than resale pays back, and condition is the in-person call.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 13 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $2.81M. Condition and finishes remain an in-person call.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Primary suite: a key comfort and resale feature. Lifestyle
Schools & getting aroundcatchment and transit
Its public catchment (King City PS) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.
Based on 13 comparable homes that sold in King City over the past two years, from 119 closings there.
For sale
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For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $655/sqft; this home lists at $791/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
King City, King, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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 4.24% via Ratehub.ca (as of September 22, 2026); conventional rates run a little higher.
Mortgage amount $2,688,000 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $14,713
- Property tax
- $1,160
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $15,874
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $70,475
- Estimated closing costs
- $70,475
Plus your down payment of $672,000. 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
- $882,805
- Principal paid down
- $332,351
- Interest paid
- $550,454
- Balance remaining
- $2,355,649
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
About the suite: in King City basements rarely rent out (4 of 60 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 8 whole-home leases in King City signed at a median of $5,995 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $6,423. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
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.