115 Carmichael Crescent
King City, King
$3,980,000
Treasure Hill 8-Yr-New Estate in Prestigious King City Luxury Enclave! 80*160 Ft Ravine Lot, Over 8,000 Sq Ft Of Luxury Living Space, Meticulously maintained 4+1 bed, 8 bath home boasts 10ft main/9ft 2nd ceilings & 2 soaring open-to-above areas & Soaring 14 Ft tray ceiling in Family Rm & Primary Rm. Car enthusiast's dream 4-car garage (3 bays w/1 tandem drive-through) on a freshly sealed driveway. Backs onto premium slope & Seneca trail. Surrounded by top-tier private schools!Features HRV, US-made Crestron Smart Home (phone-controlled climate/multi-zone audio/Security/ Lights) & exquisite RH (Restoration Hardware) lighting. Elite chef's kitchen w/48" Sub-Zero fridge, 48" Wolf range & hood, built-in Wolf oven & Microwave, ASKO dishwasher.Walk-Up Basement offers a gym, full Karaoke room w/JBL sound, 2nd full kitchen (fridge, stove, hood, dishwasher) & guest suite. Convenient 2nd-flr laundry + basement rough-in. Resort-like interlock yard w/stone floor fire pit & hot tub. Premium lifestyle & nature combined, mins to Hwy 400!
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 5000 + sq. ft. |
| Property Tax | $18,475 |
| Lot Size | 80.12 ft x 161.61 ft |
| mls© Number | N13225662 |
| Listed By | ROYAL LEPAGE PEACELAND STEVEN SUN 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%
- $20,371
- Property tax
- $1,540
- Heat allowance
- $150
- Housing costs
- $22,061 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$679,000
gross annual household income
- Payment at 4%
- $16,748 / mo
- Cash down
- $796,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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