122 Burns Boulevard, King, ON

King City, King · MLS® N14086896

$2,700,000
For Sale
Listed 3 days agoNo offer date stated
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4+2Bedrooms
6Bathrooms
3Garage · 9 parking
3500-5000Sq ft

About this home

In short

  • Nestled On A Premium 88' Wide Ravine Lot, This Spectacular 3-Car Garage Custom Executive Home Offers Over 4000 Sqft Of Luxurious Living, A Professionally Finished...
  • Step Inside To A Grand Foyer With Large Porcelain Tile Flooring, Soaring 10-Foot Ceilings On The Main Level.
  • The Chef's Kitchen Showcases A Large Centre Island, Premium Cabinetry, And Panoramic Ravine Views, Complete With Sub-Zero Wolf Appliances, The Spacious Breakfast Area...
  • Upstairs, Enjoy 9 Foot Ceilings And Four Spacious Bedrooms, Each With Their Own Private Ensuite Bathroom With Heated Floors And Walk-In Closet.
  • The Finished Walkout Basement Extends The Living Space Offers A Large Recreation Area, A Wet Bar, Multiple Rooms And Direct Access To The Gorgeous Landscaped Backyard...

Nestled On A Premium 88' Wide Ravine Lot, This Spectacular 3-Car Garage Custom Executive Home Offers Over 4000 Sqft Of Luxurious Living, A Professionally Finished Walkout Basement Overlooking A Serene Ravine. This Beautifully Crafted Two-Storey Detached Home Delivers Elegance And Functionality In One Of King City's Most Desirable Communities. Step Inside To A Grand Foyer With Large Porcelain Tile Flooring, Soaring 10-Foot Ceilings On The Main Level. Rich Handscraped Hardwood Floors Run Throughout All Principal Living Areas, Hallways, And Bedrooms, Complemented By Extensive Crown Molding, Wainscoting, And Refined Millwork Throughout The Home. Designed For Both Entertaining And Everyday Living.The Home Features Elegant Formal Living And Dining Areas Along With A Dramatic Family Room With A Waffle Ceiling, Double-Sided Fireplaces. The Chef's Kitchen Showcases A Large Centre Island, Premium Cabinetry, And Panoramic Ravine Views, Complete With Sub-Zero Wolf Appliances, The Spacious Breakfast Area Overlooks The Lush Natural Setting With Walk-Out To A Large Composite Deck. Upstairs, Enjoy 9 Foot Ceilings And Four Spacious Bedrooms, Each With Their Own Private Ensuite Bathroom With Heated Floors And Walk-In Closet. The Luxurious Primary Retreat Features A Double-Sided Gas Fireplace Shared With The Spa-Like Ensuite. A Second-Floor Laundry Room Adds Everyday Practicality, With An Additional Laundry Area Located In The Basement. The Finished Walkout Basement Extends The Living Space Offers A Large Recreation Area, A Wet Bar, Multiple Rooms And Direct Access To The Gorgeous Landscaped Backyard Oasis Featuring A Large Elevated Deck, And A Heated Swim Spa Tucked BeneathThe Deck For Year Round Relaxation. The Large Driveway With No Sidewalk Allows Parking For Up To Six Vehicles In Addition To The 3-Car Garage. Located Minutes From King City GO Station, Highway 400, Boutique Shops, Fine Dining, Supermarkets, New Zancor Centre, Scenic Trails , And So Much More.

Key facts

Property type
Detached, 2-Storey
MLS®
N14086896
Bedrooms
4+2 (6 total)
Bathrooms
6 (1 half)
Size
3500-5000 sq ft
Lot
88.98 × 123 ft
Cross streets
King Rd/Burns Blvd
Parking
3 garage · 9 parking (built-in)
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Other
Property tax
$13,164 / 2026
Days on market
3
Listing brokerage
CENTURY 21 ATRIA REALTY INC.

Rooms

Living RoomGround3.70 × 4.47 m

hardwood floor · french doors · 2 way fireplace

RecreationBasement5.00 × 4.84 m

porcelain floor · wet bar · w/o to yard

LaundrySecond1.80 × 2.29 m

porcelain floor · laundry sink · separate room

FoyerGround3.59 × 3.04 m

porcelain floor · double closet · 2 way fireplace

Family RoomGround5.47 × 5.00 m

hardwood floor · moulded ceiling · overlooks ravine

KitchenGround6.44 × 3.01 m

centre island · granite counters · stainless steel appl

Bedroom 3Second3.68 × 5.34 m

hardwood floor · 3 pc ensuite · walk-in closet(s)

Primary BedroomSecond5.48 × 5.00 m

vaulted ceiling(s) · 6 pc bath · his and hers closets

BedroomBasement3.40 × 4.92 m

porcelain floor · walk-in closet(s)

BreakfastGround5.61 × 3.41 m

porcelain floor · w/o to deck · overlooks ravine

Bedroom 4Second3.65 × 4.58 m

hardwood floor · 4 pc ensuite · walk-in closet(s)

Dining RoomGround3.68 × 4.96 m

hardwood floor · crown moulding · wainscoting

Bedroom 2Second4.92 × 3.95 m

hardwood floor · 3 pc ensuite · walk-in closet(s)

BedroomBasement5.50 × 5.00 m

porcelain floor · b/i closet

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in King City · asking prices
$4.81Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $962/sqft; this home lists at $635/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
2.70MThis home3.89M3.69M6.85MThis 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.

Rural King
$4.30M
Nobleton
$2.28M
Pottageville
$1.69M
Schomberg
$2.30M

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
$12,306/mo
$506KIncome needed
5.3×Price ÷ income
$2,840Weekly cost
$53,975Land 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.

92%mortgage
Mortgage $12,306Property tax $1,097Total carry $13,403

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

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

years
years (your rate-locked period)
$11,943per month

Mortgage amount $2,160,000 · 4.49% over 25 years

$540,000Down payment (20.0%)
$2,160,000Loan before insurance
$0CMHC premium
$13,040Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11,943
Property tax
$1,097
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$13,040

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

One-time closing costs

Ontario land transfer tax
$53,975
Estimated closing costs
$53,975

Plus your down payment of $540,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$14,455/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

$1,422,903Total interest paid
$3,582,903Total of all payments
Principal $2,160,000 Interest $1,422,903
YearPrincipalInterestBalance
1$48,202$95,114$2,111,798
2$50,391$92,926$2,061,407
3$52,679$90,638$2,008,729
4$55,070$88,246$1,953,659
5$57,571$85,745$1,896,088
6$60,185$83,131$1,835,903
7$62,917$80,399$1,772,986
8$65,774$77,542$1,707,212
9$68,760$74,556$1,638,452
10$71,882$71,434$1,566,569
11$75,146$68,170$1,491,423
12$78,558$64,758$1,412,865
13$82,125$61,191$1,330,740
14$85,854$57,462$1,244,886
15$89,752$53,564$1,155,134
16$93,827$49,489$1,061,307
17$98,087$45,229$963,220
18$102,541$40,776$860,680
19$107,196$36,120$753,484
20$112,063$31,253$641,420
21$117,152$26,165$524,268
22$122,471$20,845$401,798
23$128,031$15,285$273,766
24$133,845$9,472$139,922
25$139,922$3,394$0

At the end of your 5-year term

Total paid over the term
$716,581
Principal paid down
$263,912
Interest paid
$452,669
Balance remaining
$1,896,088

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
Estimate$7,350/mo
$88,200Gross annual rent
2.4%Cap rate after taxes and upkeep

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 numbers

Estimates 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.

3.3%
Gross yield
− Property tax $13,164− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $63,934

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 ATRIA REALTY INC.. MLS®/PropTx.

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