80 Burns Boulevard, King, ON

King City, King · MLS® N14034514

$699,900
For Sale
Listed 1 day agoNo offer date stated
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2+1Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Welcome to the prestigious Residences of Spring Hill in sought-after King City.
  • Beautifully maintained2-bedroom, 2-bath suite featuring 9 ft ceilings, engineered maple hardwood floors, ceramic kitchen/bath/laundry flooring, gourmet kitchen with...
  • Bright open-concept living/dining area with garden door to an expansive balcony.
  • Resort-style amenities include indoor pool, gym, lounge/social areas, scheduled coffee service downstairs, visitor parking and more.
  • Minutes to shops, parks, schools, GOStation and major routes.

Welcome to the prestigious Residences of Spring Hill in sought-after King City. Beautifully maintained2-bedroom, 2-bath suite featuring 9 ft ceilings, engineered maple hardwood floors, ceramic kitchen/bath/laundry flooring, gourmet kitchen with granite counters, breakfast bar, pantry, extended-height cabinetry, under-cabinet lighting, ceramic backsplash, and stainless steel appliances. Bright open-concept living/dining area with garden door to an expansive balcony. Spacious primary bedroom with his-and-hers closet organizers and private ensuite with glass shower, quartz counter, comfort-height toilet, and rough-in for future bidet/sink/storage. Versatile second bedroom includes Murphy bed, built-in cabinetry, desk area, and walk-in closet organizer, ideal as a bedroom, guest suite, or office.Private laundry room with full-size washer/dryer, storage pedestals, laundry sink and cabinet. Includes parking #86 and locker #44. Resort-style amenities include indoor pool, gym, lounge/social areas, scheduled coffee service downstairs, visitor parking and more. Minutes to shops, parks, schools, GOStation and major routes.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N14034514
Bedrooms
2+1 (3 total)
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, Concrete
Maintenance
$1,024/mo
Exposure
North
Property tax
$4,576 / 2025
Days on market
1
Listing brokerage
TRITON CAPITAL INC.

Rooms

Dining RoomMain4.27 × 2.74 m

hardwood floor · open concept · crown moulding

Primary BedroomMain3.40 × 3.02 m

hardwood floor · 4 pc ensuite

LaundryMain2.80 × 1.70 m

separate room · laundry sink · closet

Living RoomMain4.78 × 3.45 m

hardwood floor · electric fireplace · w/o to balcony

Bedroom 2Main3.43 × 2.90 m

hardwood floor · b/i desk · large window

KitchenMain3.53 × 2.41 m

stone counters · breakfast bar · stainless steel appl

Our TakeTeam Asgarian · Broker
A small discount is typical
$687Klikely sale price

Listed at $699,900. 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 $687K, if it sells. A realistic range is $647K to $743K.

Independent value check: $799K. Without looking at the asking price, our model values the home itself about 14% above the ask (homes like it typically land between $743K and $839K).

List price
$647KBelow recent closings$743KAbove recent closings

Total price vs nearby homes. Likely closing about $687K, 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
1days on market so far
$3,648/moest. rent · 18 leases
6.3%gross yield on the ask
Balanced market
Buyer's marketSeller's market

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.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $637/sqft against an area asking average of $854/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 $875K. 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.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver

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
$921kavg 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 $831/sqft; this home lists at $637/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
700kThis home749k920k1.09MThis 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
$3,190/mo
$157KIncome needed
4.5×Price ÷ income
$736Weekly cost
$10,473Land 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.

69%mortgage
Mortgage $3,190Property tax $381Condo fee $1,024Total carry $4,595

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)
$3,096per month

Mortgage amount $559,920 · 4.49% over 25 years

$139,980Down payment (20.0%)
$559,920Loan before insurance
$0CMHC premium
$4,501Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,096
Property tax
$381
Condo / maintenance fees
$1,024
Heating
$0
Estimated monthly cost
$4,501

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

One-time closing costs

Ontario land transfer tax
$10,473
Estimated closing costs
$10,473

Plus your down payment of $139,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,747/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

$368,848Total interest paid
$928,768Total of all payments
Principal $559,920 Interest $368,848
YearPrincipalInterestBalance
1$12,495$24,656$547,425
2$13,062$24,088$534,363
3$13,655$23,495$520,707
4$14,275$22,875$506,432
5$14,924$22,227$491,508
6$15,601$21,550$475,907
7$16,310$20,841$459,597
8$17,050$20,101$442,547
9$17,824$19,327$424,723
10$18,634$18,517$406,090
11$19,480$17,671$386,610
12$20,364$16,787$366,246
13$21,289$15,862$344,957
14$22,255$14,896$322,702
15$23,266$13,885$299,437
16$24,322$12,829$275,114
17$25,426$11,724$249,688
18$26,581$10,570$223,107
19$27,788$9,363$195,320
20$29,049$8,101$166,270
21$30,368$6,782$135,902
22$31,747$5,404$104,155
23$33,189$3,962$70,966
24$34,695$2,455$36,271
25$36,271$880$0

At the end of your 5-year term

Total paid over the term
$185,754
Principal paid down
$68,412
Interest paid
$117,342
Balance remaining
$491,508

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 18 whole-home leases in King City$3,648/mo
$43,776Gross annual rent
3.1%Cap rate after taxes and upkeep
$3,450 to $3,831Typical 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 18 whole-home leases in King City signed at a median of $3,024 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,648. 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.

6.3%
Gross yield
− Property tax $4,576− Condo fees $12,290− Insurance $600− Vacancy & upkeep $4,815Net operating income $21,494

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

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