319-80 Burns Boulevard, King, ON

King City, King · MLS® N13816424

$1,095,000
For Sale
Listed 23 days agoNo offer date stated
Request a showing
◎ Directions
2Bedrooms
2Bathrooms
2Garage
1200-1399Sq ft

About this home

In short

  • Welcome To The Residences Of Spring Hill In Sought-After King City.
  • Beautifully & Recently Renovated 1,200 SF Unit Upgraded With Fresh Paint, Elegant Wainscotting, New LED Light Fixtures, Faucets, Toilets & Under-Sink Water Filter...
  • Features 9ft ceilings, Upgraded Kitchen Cabinets, Stainless Steel Appliances, Hardwood Floors Throughout, Tiled Bathrooms, Crown Mouldings & Custom Cast Stone Gas...
  • Includes 2 Side-By-Side Parking Spots and locker.

Welcome To The Residences Of Spring Hill In Sought-After King City. Beautifully & Recently Renovated 1,200 SF Unit Upgraded With Fresh Paint, Elegant Wainscotting, New LED Light Fixtures, Faucets, Toilets & Under-Sink Water Filter, and Stove. Features 9ft ceilings, Upgraded Kitchen Cabinets, Stainless Steel Appliances, Hardwood Floors Throughout, Tiled Bathrooms, Crown Mouldings & Custom Cast Stone Gas Fireplace. Ensuite Complete With Bidet. Large South-Facing Balcony Overlooks Peaceful Conservation. One of a Kind Spacious Laundry Room With Full Size Washer & Dryer, Sink, & Wall-To-Wall Closets. Large Built In Pantry with complete shelving units. Includes 2 Side-By-Side Parking Spots and locker.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13816424
Bedrooms
2
Bathrooms
2
Size
1200-1399 sq ft
Cross streets
King Road & Burns Blvd
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Brick
Maintenance
$1,209/mo
Exposure
South
Property tax
$5,285 / 2026
Days on market
23
Listing brokerage
LACEBY REAL ESTATE LIMITED

Rooms

PantryMain0.75 × 1.00 m

b/i shelves · hardwood floor · double doors

LaundryMain2.25 × 2.19 m

tile floor · b/i shelves · laundry sink

Dining RoomMain5.15 × 3.17 m

hardwood floor · pot lights · crown moulding

KitchenMain3.26 × 2.44 m

granite counters · stainless steel appl · breakfast bar

Living RoomMain5.15 × 3.35 m

hardwood floor · electric fireplace · w/o to balcony

Primary BedroomMain5.12 × 3.23 m

hardwood floor · his and hers closets · 4 pc ensuite

Bedroom 2Main4.30 × 2.90 m

hardwood floor · south view · led lighting

FoyerMain2.10 × 1.77 m

hardwood floor · led lighting

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.07Mlikely sale price

Listed at $1,095,000. 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 $1.07M, if it sells. A realistic range is $1.01M to $1.16M.

Independent value check: $979K. Without looking at the asking price, our model values the home itself about 11% below the ask (homes like it typically land between $911K and $1.03M).

List price
$1.01MBelow recent closings$1.16MAbove recent closings

Total price vs nearby homes. Likely closing about $1.07M, from 6 recent closings in this pocket.

The market behind the math:

6sold nearby · 90 days
$558Kmedian sold price
101%of asking, on average
~86 dayshomes like this take to sell
23days on market so far
$3,851/moest. rent · 10 leases
4.2%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 7 months of inventory: 14 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.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $843/sqft against an area asking average of $923/sqft.

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 $930K. 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($843/sqft) is below the area, so you are paying for extra space rather than a premium.

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.

What sellers nearby are askingCurrently listed nearby in King City · asking prices
$900kavg asking

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 $717/sqft; this home lists at $843/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.09MThis home749k700k1.25MThis home vs active comparables

Neighbourhood & location

King City, King, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Schomberg
$536K

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

Affordability
$4,991/mo
$230KIncome needed
4.8×Price ÷ income
$1,152Weekly cost
$18,375Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

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.

75%mortgage
Mortgage $4,991Property tax $440Condo fee $1,209Total carry $6,640

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

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,844per month

Mortgage amount $876,000 · 4.49% over 25 years

$219,000Down payment (20.0%)
$876,000Loan before insurance
$0CMHC premium
$6,493Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,844
Property tax
$440
Condo / maintenance fees
$1,209
Heating
$0
Estimated monthly cost
$6,493

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$18,375
Estimated closing costs
$18,375

Plus your down payment of $219,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,862/monthPayment at the qualifying rate

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

$577,066Total interest paid
$1,453,066Total of all payments
Principal $876,000 Interest $577,066
YearPrincipalInterestBalance
1$19,549$38,574$856,451
2$20,436$37,686$836,015
3$21,364$36,759$814,651
4$22,334$35,789$792,317
5$23,348$34,775$768,969
6$24,408$33,714$744,561
7$25,516$32,606$719,044
8$26,675$31,448$692,369
9$27,886$30,236$664,483
10$29,152$28,970$635,331
11$30,476$27,647$604,855
12$31,860$26,263$572,995
13$33,306$24,816$539,689
14$34,818$23,304$504,871
15$36,399$21,723$468,471
16$38,052$20,071$430,419
17$39,780$18,343$390,639
18$41,586$16,537$349,053
19$43,474$14,649$305,579
20$45,448$12,675$260,131
21$47,511$10,611$212,620
22$49,669$8,454$162,951
23$51,924$6,199$111,027
24$54,281$3,841$56,746
25$56,746$1,377$0

At the end of your 5-year term

Total paid over the term
$290,613
Principal paid down
$107,031
Interest paid
$183,582
Balance remaining
$768,969

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.

Let's connect

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

Rental yield
From 10 whole-home leases in King City$3,851/mo
$46,212Gross annual rent
1.9%Cap rate after taxes and upkeep
$3,543 to $4,159Typical rent range
~20 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 10 whole-home leases in King City signed at a median of $3,045 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,851. 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.

4.2%
Gross yield
− Property tax $5,285− Condo fees $14,507− Insurance $600− Vacancy & upkeep $5,083Net operating income $20,737

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of LACEBY REAL ESTATE LIMITED. MLS®/PropTx.

CallRequest a showing