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Listed 1 month ago

5 Old Forge Road

Rural King, King

$1,345,000

Detached|Bungalow
3 | 2 | 8
About this home

Set on a premium Half Acre lot in prestigious King City. This expansive ranch-style bungalow offers refined main-floor living with a bright, open-concept design and a sun-drenched south-facing yard. Hardwood flooring and an inviting eat-in kitchen anchor the main level with warmth & functionality. The impressive walkout lower level is designed for both relaxation and entertainment, featuring a generous recreation area, wet bar, games room, and private sauna. For those seeking long-term vision, the property also presents a rare opportunity: a premium lot ideal for building a custom luxury residence in one of King's most coveted neighbourhoods. Close to Hwy 400, GO Transit, top-tier amenities, and everything King City has to offer. A standout offering with both immediate comfort and exceptional future potential!

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$6,861
Lot Size138 ft x 175 ft
mls© NumberN13492882
Listed ByCITIBLOC REALTY

Listing History

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

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$6,884
Property tax
$572
Heat allowance
$150
Housing costs
$7,606 / mo

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

Down payment20% · $269,000
25-yr amortization

Income needed

$234,000

gross annual household income

Payment at 4%
$5,660 / mo
Cash down
$269,000

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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