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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® N14109112For SaleCondominium

240-2075 King Rd

King City, King, Ontario L7B 0R6

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240-2075 King Rd, King, photo 1
Asking$799,990
Bedrooms
2
Bathrooms
2
Size
800–899sq ft
Per sq ft
$942at the range’s middle
Built
New
Parking
11 underground
Days on market
Members

The brief

About 240-2075 King Rd

240-2075 King Rd is a 2-bedroom, 2-bathroom condo in King City, King, listed for sale at an asking price of $799,990 (MLS® N14109112).

King Terraces by Zancor Homes, offers everything you've been looking for and more Spacious open floor plan, the stunning natural light that fills each room, or the serene courtyard that's perfect for relaxing or entertaining. This exquisite North/East View 2-Bed, 2-bathroom defines luxury, boasting soaring 9-foot ceilings, a sleek modern interior with premium plus Den decor upgrades. Upgrades Include panel ready fridge and dishwasher, quartz countertop with matching slab backsplash and battery powered blinds, BBQ Gas line, Located in a highly desirable neighborhood of King City, this Condo not only boasts impressive curb appeal, but it also features modern finishes and thoughtful touches that make it truly special. The gourmet kitchen is a chef's dream, and the luxurious primary suite feels like a private retreat. With top-rated schools, parks, shopping, and dining just minutes away, you'll have everything you need right at your doorstep. Plus, the community is welcoming and perfect for families, young professionals, or anyone seeking a peaceful yet vibrant atmosphere. King Terraces is a place where you can create memories, build your future and truly live your best life. ** Parking and Locker Not Included in Maintenance Fee - ** ** Purchase Price is Net of H.S.T. Rebate **

Insights

  • Condition Score

    Fair

    4 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$1,598/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 5 condos with 2 bedrooms for lease in King City right now. Cost of owning counts the mortgage and the condo fee. This record states no property tax.

Condition uses listing-record signals, not an inspection.

The home

Key facts

MLS® number
N14109112
Board
TRREB MLS®
Property Type
Condo Apt
Building Age
New
Days on market
Size
800-899 sqft
Listed on
Parking
1 Underground, 1 Parking
Listing brokerage: INTERCITY REALTY INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Condo Apt
Style
Apartment
Community
King City
Municipality
King

Building

Size
800-899 sqft
Building Age
New
Construction
Brick

Inside

Bedrooms
2
Bathrooms
2
Bathroom Details
1 × 4pc Flat, 1 × 3pc Flat
Basement Type
None
Kitchens
1

Parking

Garage Type
Underground
Garage
1
Additional Parking
0
Total Parking
1

Utilities

Cooling
Central Air
Heating Type
Forced Air

Additional

Fireplace
No
Den
No
Family room
No
Extras
King Terraces offers luxury amenities including a state-of-the-art Fitness Centre, Yoga Studio, spa-like Indoor Pool, spacious Sun Deck, and astunning Rooftop Terrace complete with BBQs, fire pits, and lounges. Residents can also enjoy an elegant Party Room, Private Dining Room,Games Room, Lounge, Pet Spa, Bike-Wash Station, Shuttle Bus to GO Station, Kids Play Room, Sauna, and more.
Condo maint.
$648

Rooms

RoomSizeFeaturesLevel
Living3.54 × 3.78 mVinyl Floor, W/O To Balcony, Large WindowFlat
Dining3.93 × 3.66 mVinyl Floor, Combined W/KitchenFlat
Kitchen1.06 × 3.66 mVinyl Floor, Stainless Steel Appl, Combined W/DiningFlat
Primary3.17 × 3.08 mVinyl Floor, W/O To Balcony, 3 Pc EnsuiteFlat
2nd Br4.24 × 3.39 mVinyl Floor, Closet, Large WindowFlat

Listing history

Buy/sell history for 240-2075 King Rd, King, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$799,990N/APcN14109112

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $159,998

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$159,998
Total mortgage amount
$639,992
Total interest payment
$455,008
Total purchase cost
$1,254,998
Mortgage payment
$3,650/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

55%

Monthly carrying cost

$4,298
−$1,598per month
  • Rent $2,700
  • Shortfall $1,598

Rental income opens at $2,700, the median asking rent of 5 comparable homes for lease in King City. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$12,475
Total land transfer tax
$12,475
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$8,475
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $799,990
$8,000
Ontario total
$12,475

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

13 records · 6 on fileRead 2026-11-02
250 m500 m1 km2 kmBeyond · area-wideNot in Toronto and Region Conservation Authority’s mapped regulated areaNo mapped wetland within 120 mNo water-supply well recorded within 250 mGroundwater recorded about 4.6 m below ground nearbyInside the Greenbelt (Oak Ridges Moraine Conservation Plan) and the Oak Ridges Moraine plan area (Settlement Area)Nearest rail line: 350 mNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Hydro One Networks Inc.Wired internet 50/10 Mbps or faster is listed at a household 80 m awayAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation4

  • Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m50 test or monitoring holes also recorded.250 m
  • Groundwater recorded about 4.6 m below ground nearbyThe middle water level in the well records within 500 m (83 records). It changes with the season and from spot to spot.500 m

Toronto and Region Conservation Authority · Province of Ontario open data

Planning and building activity1

  • Inside the Greenbelt (Oak Ridges Moraine Conservation Plan) and the Oak Ridges Moraine plan area (Settlement Area)These provincial plans set policies on new buildings, new lots and some changes to the land; the municipality can say which apply to this property.At the address

Province of Ontario open data

Around the home1

  • Nearest rail line: 350 m350 m

Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaOnly facilities above the inventory’s reporting thresholds are listed.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Hydro One Networks Inc.At the address
  • Wired internet 50/10 Mbps or faster is listed at a household 80 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (80 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.80 m
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers, Vianet. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Rogers, Routcom, Vianet. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.

The market

Condos for sale in King City right now

For sale now
16
Median asking price
$630K

Middle half: $567K to $740K

New in 7 days
1

12 in 28 days

Price cuts
19%

3 listings

This home is asking 27% above the median, higher than three quarters of them.

See all homes in King City

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Transit nearby

StationLinesDistance
King City GOGO Transit train: Barrie1.2 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
King City Public SchoolYork Region DSBPublic · grades JK–8300 m68%Grade 6 average
Holy Name Catholic Elementary SchoolYork CDSBCatholic · grades JK–81 km80%Grade 6 average
Father Frederick McGinn Catholic Elementary SchoolYork CDSBCatholic · grades JK–83.5 km80%Grade 6 average
Académie de la MoraineConseil scolaire ViamondeFrench-language public · grades JK–65.6 km87%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
King City Secondary SchoolYork Region DSBPublic · grades 9–12 · French Immersion250 m54%Grade 9 math
ÉSC RenaissanceConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–124.3 km87%Grade 9 math
Cardinal Carter Catholic Secondary SchoolYork CDSBCatholic · grades 9–125.6 km69%Grade 9 math
St Theresa of Lisieux Catholic High SchoolYork CDSBCatholic · grades 9–125.8 km91%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

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Recently sold nearby

Sold prices in King City are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record