122 Burns Boulevard, King

$2,700,000
122 Burns Boulevard

$2,700,000

New
7d
Detached2-Storey

122 Burns Boulevard, King

Total Monthly Obligation $12,363

Beds
6
Baths
6
Park
6
Sqft
3500-5000
DOM
7d
Score
15
Yield
3.2%
Cash on Cash
-9.3%
Cap Rate
2.6%
5Y IRR
8.3%
10Y IRR
8.9%
Property Type-Detached
MLS® Number-N14086896
Beds-6
Bathrooms-6
Size-3500-5000 sqft
Lot Size-88.98 × 123 ft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Detached
Taxes-$13,163.88 (2026)
Parking-9 - Built-In
Basement-Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 ATRIA REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-Other
Facing-West
Exterior-Stone, Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible 60-90
Neighbourhood-King City
Title-Residential Freehold

No agent assigned

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.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$2,160,000
Land Transfer Taxes$53,975
Legal Fees (Est.)
$
Total cash required for closing$595,475

Total Monthly Obligation

$12,363/mo
Mortgage $10,891
Monthly Loss $9,497
Principal$2,866
Interest$8,025
Property Tax$1,097
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.3%13
Cash-on-Cash
-12.0%0
5-Year IRR
6.1%14
10-Year IRR
7.5%
Returns Index
8.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$87,240/yr
NOI
$60,852/yr
Net Cash Flow
-$5,820/mo
Cash Margin
-80.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.474
LTV Ratio
80.0%18
Vacancy Buffer
0.8 mo15
Risk Index
12.3/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 122 Burns Boulevard

Time

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Data last updated within the past 24 hours.