39 Patricia Drive, King, ON
King City, King · MLS® N13768544
About this home
In short
- Stunning Executive Home On A 100 Feet Wide Lot. 8000 Sq Ft Living Space This Palatial Mansion Is Large/Elegant And Warm At The Same Time.
- Wine Cellar And Theatre Room With Laundry Rooms On 2nd And Lower Level.
Stunning Executive Home On A 100 Feet Wide Lot. ***8000 Sq Ft Living Space*** This Palatial Mansion Is Large/Elegant And Warm At The Same Time. Located in King City most desired area. Breathtaking Kitchen with Natural Wood and Stone . The Coffered ceilings with LED Rope Lights , Wood Panel Masterpiece Staircase is Pure Elegance and Luxury . The Large Principal Rooms. It Is Constructed With The Finest Materials Entrance Door crafted from finest European Wood . Wine Cellar And Theatre Room With Laundry Rooms On 2nd And Lower Level. Huge backyard will allow for future dream garden project.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13768544
- Bedrooms
- 5+1 (6 total)
- Bathrooms
- 8 (1 half)
- Size
- 5,000 sq ft
- Lot
- 100 × 136.41 ft
- Cross streets
- Keele St/King Rd
- Parking
- 5 garage · 9 parking (built-in)
- Driveway
- Private
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $18,659 / 2025
- Days on market
- 40
- Listing brokerage
- FOREST HILL REAL ESTATE INC.
Rooms
hardwood floor · 3 pc ensuite · closet organizers
hardwood floor · combined w/living · coffered ceiling(s)
hardwood floor · 3 pc ensuite · window
broadloom · recessed lighting · accoustic ceiling
hardwood floor · combined w/dining · coffered ceiling(s)
hardwood floor · 3 pc ensuite · window
hardwood floor · combined w/family · modern kitchen
hardwood floor · 5 pc ensuite · walk-in closet(s)
hardwood floor · 3 pc ensuite · closet
hardwood floor · combined w/kitchen · w/o to deck
hardwood floor · window · coffered ceiling(s)
ceramic floor · 3 pc bath
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King City, King, ON
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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 20, 2026); conventional rates run a little higher.
Mortgage amount $3,439,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $19,016
- Property tax
- $1,555
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $20,571
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $93,950
- Estimated closing costs
- $93,950
Plus your down payment of $859,800. 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
- $1,140,956
- Principal paid down
- $420,207
- Interest paid
- $720,749
- Balance remaining
- $3,018,993
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 FOREST HILL REAL ESTATE INC.. MLS®/PropTx.