204-80 Burns Boulevard, King, ON

King City, King · MLS® N13884886

$1,250,000
For Sale
Listed 5 days agoNo offer date stated
2+1Bedrooms
3Bathrooms
2Garage
1400-1599Sq ft

About this home

In short

  • Beautifully renovated with brand-new flooring throughout, this exceptional 2-bedroom plus den, 3-bathroom corner suite offers nearly 1,600 sq. ft. of refined living...
  • Featuring soaring ceilings, elegant crown moulding, expansive windows, and an abundance of natural light, the thoughtfully designed open-concept layout is ideal for...
  • Step outside onto your private balcony overlooking beautifully landscaped grounds.
  • The impressive primary suite offers a spacious walk-in closet and a luxurious ensuite featuring a glass-enclosed shower.
  • Residents enjoy an impressive collection of amenities, including an indoor pool, fitness centre, sauna, residents' lounge, and concierge services.

Welcome to the prestigious Residences of Spring Hill, an exclusive condominium community in the heart of King City. Beautifully renovated with brand-new flooring throughout, this exceptional 2-bedroom plus den, 3-bathroom corner suite offers nearly 1,600 sq. ft. of refined living space, combining modern sophistication with everyday comfort. Featuring soaring ceilings, elegant crown moulding, expansive windows, and an abundance of natural light, the thoughtfully designed open-concept layout is ideal for both entertaining and relaxed living. The spacious kitchen features granite countertops, stainless steel appliances, and a convenient breakfast bar, seamlessly connecting to the generous dining and living areas. Step outside onto your private balcony overlooking beautifully landscaped grounds. The impressive primary suite offers a spacious walk-in closet and a luxurious ensuite featuring a glass-enclosed shower. The second bedroom features ample closet space and its own private ensuite, providing exceptional comfort and privacy. A versatile den offers the perfect space for a home office, reading lounge, or guest accommodation. Additional highlights include a guest powder room, ensuite laundry, and ample storage. Residents enjoy an impressive collection of amenities, including an indoor pool, fitness centre, sauna, residents' lounge, and concierge services. Ideally situated just minutes from King City's charming shops, restaurants, parks, GO Transit, and major highways. An exceptional opportunity to enjoy luxurious, maintenance-free living in one of King City's most desirable condominium residences.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13884886
Bedrooms
2+1 (3 total)
Bathrooms
3 (1 half)
Size
1400-1599 sq ft
Cross streets
Burns Blvd & King Rd
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stucco (Plaster)
Maintenance
$1,444/mo
Exposure
East
Property tax
$6,269 / 2025
Days on market
5
Listing brokerage
ANALYST REALTY INC.

Rooms

Living RoomMain5.98 × 6.12 m

combined w/dining · pot lights · fireplace

Bedroom 2Main3.69 × 2.74 m

walk-in closet(s) · large window · ensuite bath

KitchenMain4.20 × 3.30 m

stainless steel appl · breakfast bar · granite counters

DenMain4.10 × 2.85 m

hardwood floor · pocket doors · crown moulding

Dining RoomMain5.98 × 6.12 m

pot lights · large window · combined w/living

Primary BedroomMain4.20 × 3.05 m

walk-in closet(s) · large window · ensuite bath

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.23Mlikely sale price

Listed at $1,250,000. 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 $1.23M, if it sells. A realistic range is $1.16M to $1.33M.

Independent value check: $1.26M. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $1.18M and $1.33M).

List price
$1.16MBelow recent closings$1.33MAbove recent closings

Total price vs nearby homes. Likely closing about $1.23M, 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
5days on market so far
$3,640/moest. rent · 71 leases
3.5%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 6 months of inventory: 12 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 $834/sqft against an area asking average of $857/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 $1.17M. Condition and finishes remain an in-person call.

What the listing highlights5 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
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in King City, so I widened the search to the surrounding area.

Based on 7 homes sold in this building over the past two years, from 20 closings in King City.

What sellers nearby are askingCurrently listed nearby in King City · asking prices
$848kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $1.26M, which is where my estimate comes from.

Per square foot, these ask about $720/sqft; this home lists at $834/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.25MThis home1.09M700k749kThis 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
$5,697/mo
$264KIncome needed
4.7×Price ÷ income
$1,315Weekly cost
$21,475Land 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.

74%mortgage
Mortgage $5,697Property tax $522Condo fee $1,444Total carry $7,664

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)
$5,529per month

Mortgage amount $1,000,000 · 4.49% over 25 years

$250,000Down payment (20.0%)
$1,000,000Loan before insurance
$0CMHC premium
$7,496Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,529
Property tax
$522
Condo / maintenance fees
$1,444
Heating
$0
Estimated monthly cost
$7,496

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

One-time closing costs

Ontario land transfer tax
$21,475
Estimated closing costs
$21,475

Plus your down payment of $250,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,692/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

$658,751Total interest paid
$1,658,751Total of all payments
Principal $1,000,000 Interest $658,751
YearPrincipalInterestBalance
1$22,316$44,034$977,684
2$23,329$43,021$954,355
3$24,388$41,962$929,967
4$25,496$40,855$904,472
5$26,653$39,697$877,818
6$27,863$38,487$849,955
7$29,128$37,222$820,827
8$30,451$35,899$790,376
9$31,834$34,517$758,542
10$33,279$33,071$725,263
11$34,790$31,560$690,474
12$36,369$29,981$654,104
13$38,021$28,329$616,083
14$39,747$26,603$576,336
15$41,552$24,798$534,784
16$43,438$22,912$491,346
17$45,411$20,939$445,935
18$47,472$18,878$398,463
19$49,628$16,722$348,835
20$51,881$14,469$296,954
21$54,237$12,113$242,717
22$56,699$9,651$186,017
23$59,274$7,076$126,744
24$61,965$4,385$64,779
25$64,779$1,572$0

At the end of your 5-year term

Total paid over the term
$331,750
Principal paid down
$122,182
Interest paid
$209,569
Balance remaining
$877,818

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 71 whole-home leases in King City$3,640/mo
$43,680Gross annual rent
1.2%Cap rate after taxes and upkeep
$3,458 to $4,009Typical 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 71 whole-home leases in King City signed at a median of $2,522 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,640. 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.

3.5%
Gross yield
− Property tax $6,269− Condo fees $17,330− Insurance $600− Vacancy & upkeep $4,805Net operating income $14,677

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ANALYST REALTY INC.. MLS®/PropTx.

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