256 Patricia Drive, King, ON
King City, King · MLS® N13699128
About this home
In short
- 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...
- 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...
- Throughout The Main Level, Thoughtful Design Enhances Functionality, Featuring A Well-Equipped Mudroom With Dog Wash Station, Private Library, Custom Laundry &...
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 Centerpiece, 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®
- N13699128
- Bedrooms
- 5+1 (6 total)
- 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
- 59
- Listing brokerage
- LPT REALTY
Rooms
porcelain floor · pot lights · gas fireplace
gas fireplace · wet bar · open concept
laundry sink · stone counters
porcelain floor · w/o to patio · crown moulding
walk-in closet(s) · hardwood floor · 3 pc ensuite
porcelain floor · pot lights · crown moulding
walk-in closet(s) · hardwood floor · 3 pc ensuite
walk-in closet(s) · gas fireplace · 6 pc ensuite
porcelain floor · pot lights · crown moulding
walk-in closet(s) · hardwood floor · 4 pc ensuite
b/i bookcase · pot lights · french doors
access to garage · b/i closet · window
walk-in closet(s) · hardwood floor · 3 pc ensuite
This home is in the largest size bracket the board records (5,000 sq ft and up). Comparable-sales math compares homes by size, and too few homes this large sell nearby to compare it fairly, so no automatic estimate is shown. The largest homes in King City (3,500 sq ft and up) have sold between $1.85M and $13.45M over the last two years (54 sales).
Considering this property? Request a written price read
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 $1,230/sqft; this home lists at $972/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in King: $1.81M in September 2026, down 10% from a year ago, on 183 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. King as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $2.20M | 17 |
| November 2025 | $2.25M | 22 |
| December 2025 | $1.90M | 12 |
| January 2026 | $1.82M | 9 |
| February 2026 | $2.26M | 8 |
| March 2026 | $1.91M | 16 |
| April 2026 | $1.60M | 14 |
| May 2026 | $1.80M | 21 |
| June 2026 | $2.57M | 15 |
| July 2026 | $2.00M | 15 |
| August 2026 | $1.83M | 17 |
| September 2026 | $1.81M | 17 |
Neighbourhood & location
King City, King, ON
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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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $3,888,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $21,497
- Property tax
- $1,842
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $23,339
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $107,975
- Estimated closing costs
- $107,975
Plus your down payment of $972,000. 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
- $1,289,845
- Principal paid down
- $475,042
- Interest paid
- $814,803
- Balance remaining
- $3,412,958
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 12 whole-home leases in King City signed at a median of $7,101 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $8,022. 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 LPT REALTY. MLS®/PropTx.