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$570K · 1+1 bed Condo Apartment · King City, King | MyPropertyScout

$569,903

Unit 227

40 DOM

1+1240d

Map

DOM 40

$569,903

B●●○○○DOM40days

Unit 227

2075 King Road · King · Ontario L7B 0R6

MLS® N13157730 · King City · L7B 0R6

1+12Vacant600-699 ft²Condo Apartment1-car Underground40d$877/ft²$0 tax/yrNew build

1% below market · regional est. · 40 days on market

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

King Terraces by Zancor Homes, offers everything you've been looking for and more Spacious open floor plan, the stunning natural light that fills each room, or the serene courtyard that's perfect for relaxing or entertaining. This exquisite North View 1-Bed plus Den, 2-bathroom defines luxury, boasting soaring 9-foot ceilings, a sleek modern interior with premium plus Den decor upgrades. Upgrades Include panel ready fridge and dishwasher, quartz countertop with matching slab backsplash and batte…

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Property details

MLS#: N13157730
Status: Buy Now
Beds: 1+1
Baths: 2 full, 0 half
Size: 600-699
Style: Apartment
Type: Condo Apartment
Year built: —

Property features: Electric Car Charger, Library, Park, Place Of Worship, Public Transit, Rec./Commun.Centre

Condo corp #: 1598
Balcony: Open
Locker: Owned
Association amenities: Guest Suites, Gym, Indoor Pool, Party Room/Meeting Room, Rooftop Deck/Garden, Sauna
Fees include: Common Elements Included, Building Insurance Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick, Concrete
Fronting on: —
Cross street: King Rd & Keele St
Basement: None
Stories: 2
Utilities: —
Laundry: Ensuite
Interior: Carpet Free
Parking features: Private

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Level	Room	Dimensions
Flat	Living Room	4.21m × 3.08m
Flat	Dining Room	3.38m × 3.35m
Flat	Kitchen	1.06m × 3.35m
Flat	Primary Bedroom	3.35m × 2.87m
Flat	Den	2.59m × 2.68m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: INTERCITY REALTY INC.

Source: TRREB/PROPTX · MLS® N13157730

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$570K

Unit 227 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $569,903✓ $0 tax✓ Gas✓ 600-699 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,675/mo

incl. closing costs (yr 1)

Annual total

$56,104

year 1

Mortgage only

$2,162/mo

principal + interest

Beyond mortgage

$1,399/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$113,981

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$0/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~650 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$5,699/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$41/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$7,873

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)46% $25,944/yr

Property taxes14% $7,873/yr

Utilities7% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance10% $5,699/yr

Condo fees11% $5,927/yr

Closing costs9% $5,100/yr

Mortgage is 46% of your true cost of ownership. The other 54% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$25,944	$2,162/mo
Government & taxes
Land transfer tax(closing)	$7,873	$656/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$5,699	$475/mo
Condo fees
Condo / HOA fees	$5,927	$494/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$56,104	$4,675/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 227

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Sales History

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Annual costs