416-80 Burns Boulevard, King, ON
King City, King · MLS® N13570660
About this home
In short
- Welcome to the prestigious residence of Springhill at 80 Burns Boulevard in the heart of King City.
- This 1000+ square foot unit has been beautifully maintained, featuring two bedrooms, two bathrooms, and a bright south-facing exposure.
- Featuring high ceilings and an open-concept layout, the spacious kitchen flows seamlessly into the living and dining areas-perfect for everyday living or entertaining.
- With its generous layout and overall offering, this unit also represents compelling value on a per square foot basis within the building.
Welcome to the prestigious residence of Springhill at 80 Burns Boulevard in the heart of King City. This 1000+ square foot unit has been beautifully maintained, featuring two bedrooms, two bathrooms, and a bright south-facing exposure. It directly backs onto serene conservation land, offering peaceful, natural views. Featuring high ceilings and an open-concept layout, the spacious kitchen flows seamlessly into the living and dining areas-perfect for everyday living or entertaining. The second bedroom is currently used as a den/home office and can easily be converted back to a private bedroom with the installation of a door. Located in one of King City's most sought-after buildings, this suite combines luxury, convenience, and a tranquil natural setting-an exceptional opportunity in a truly desirable community. With its generous layout and overall offering, this unit also represents compelling value on a per square foot basis within the building. The unit includes one parking space along with two lockers, a rare and valuable feature. One locker is a large enclosed storage room located directly in front of the parking spot, and the second is a cage locker offering ample storage options. Residences of Springhill have a very active social community, including daily espresso gatherings, celebrations of birthdays, and special holiday events among others. Property is unfurnished; photos have been virtually staged.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- N13570660
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1000-1199 sq ft
- Cross streets
- King Rd / Keele St
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Maintenance
- $1,025/mo
- Exposure
- South
- Property tax
- $4,440 / 2025
- Days on market
- 91
- Listing brokerage
- ROYAL LEPAGE RCR REALTY
Rooms
hardwood floor · combined w/living · w/o to balcony
hardwood floor · b/i appliances · granite counters
hardwood floor · large window
hardwood floor · walk-in closet(s) · 4 pc ensuite
hardwood floor · combined w/dining · crown moulding
Listed at $749,000. Going by how homes in King City and the wider GTA have actually closed against their asking prices (about 98%, 6 local closings in 90 days), the likely sale price is near $735K, if it sells. A realistic range is $693K to $795K.
Independent value check: $792K. Without looking at the asking price, our model values the home itself about 6% above the ask (homes like it typically land between $737K and $832K).
Total price vs nearby homes. Likely closing about $735K, from 6 recent closings in this pocket.
The market behind the math:
About 2.5 months of inventory: 5 condo apartment homes for sale in the area against 6 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $681/sqft against an area asking average of $845/sqft.
- Park / green-space backing. This home is described as backing onto a ravine or green setting, and the listing says so too. That privacy is priced into the comparison. What is actually behind the fence, and how the lot sits against it, is my 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 and this building.
It never sees the asking price. The 6 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $808K. Condition and finishes remain an in-person call.
What the listing highlights3 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Open-concept layout: modern, sought-after flow. Lifestyle
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Based on 3 homes sold in this building over the past two years, plus 2 nearby in King City, from 20 closings in King City.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $816/sqft; this home lists at $681/sqft. Size is part of the price story, not just the sticker.
The 3 closest 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) →
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.
Mortgage amount $599,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,313
- Property tax
- $370
- Condo / maintenance fees
- $1,025
- Heating
- $0
- Estimated monthly cost
- $4,708
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $11,455
- Estimated closing costs
- $11,455
Plus your down payment of $149,800. 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
- $198,785
- Principal paid down
- $73,211
- Interest paid
- $125,574
- Balance remaining
- $525,989
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 numbersThe last 16 whole-home leases in King City signed at a median of $2,980 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,527. 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 ROYAL LEPAGE RCR REALTY. MLS®/PropTx.