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Listed 22 days ago

372 Burns Boulevard

King City, King

$2,890,000

Detached|2-Storey
4 | 4 | 24
About this home

A spacious, move-in-ready residence currently tenanted on a month-to-month basis for $6,000 per month . Set on an extraordinary 2.6-acre ravine lot with approximately 300 ft of frontage and 555 ft of depth on one of King City's most prestigious streets, this exceptional Burns Boulevard property presents an unparalleled opportunity to construct a landmark custom estate. Surrounded by luxury residences and backing onto breathtaking natural ravine views, the property offers the ultimate private canvas for an architectural masterpiece. The existing home features a renovated chef's kitchen, spacious living areas, and an in-ground pool, allowing investors, builders, or end-users to generate income . Ideally located just minutes from the GO Station, Highway 400, elite private schools, fine dining, and everyday amenities, this is a rare generational opportunity to build a legacy home on one of the largest and most desirable estate lots in King City.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$15,792
Lot Size291.95 ft x 555.6 ft
mls© NumberN13564806
Listed ByRE/MAX EXPERTS

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%
$14,792
Property tax
$1,316
Heat allowance
$150
Housing costs
$16,258 / mo

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

Down payment20% · $578,000
25-yr amortization

Income needed

$500,000

gross annual household income

Payment at 4%
$12,162 / mo
Cash down
$578,000

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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