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New7 days ago

50 Elmers Lane

King City, King

$3,888,000

Detached|2-Storey
5 | 6 | 9
About this home

50 Elmers Lane presents an exceptional Treasure Hill residence offering approximately 5,300 sq. ft. above grade within an exclusive King City community.Grand 11-foot ceilings on the main level and 10-foot ceilings above create an impressive sense of scale, complemented by beautifully proportioned principal rooms and a chef's kitchen finished with custom cabinetry, stone surfaces, premium appliances and a generous centre island. Designed for both large-scale entertaining and relaxed family living, the main level is beautifully appointed with a bedroom and ensuite for multigenerational families a 4 Car Tandem garage, detailed ceilings, custom trim, statement chandeliers and elegant drapery. An additional 4 spacious bedrooms offer exceptional comfort and privacy, each with ensuite access, while the unfinished 2,736 sq. ft. lower level with walk-up provides outstanding potential for additional living and entertaining space.Professionally landscaped grounds, a fully fenced backyard and a 4 car tandem garage complete this refined family residence.Ideally positioned just steps from renowned Villanova College school , parks and scenic trails.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size5000 + sq. ft.
Property Tax$19,455
Lot Size106.86 ft x 114.93 ft
mls© NumberN13709184
Listed ByHAMMOND INTERNATIONAL PROPERTIES LIMITED

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$19,901
Property tax
$1,621
Heat allowance
$150
Housing costs
$21,672 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $777,600
25-yr amortization

Income needed

$667,000

gross annual household income

Payment at 4%
$16,361 / mo
Cash down
$777,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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