62 Mount Mellick Drive
Rural King, King
$7,488,000
Bedrooms: 5
Bathrooms: 7
Living Area: 5,000 sqft
Price Per Sqft: $1,497.60
About this Detached
in Rural King, King
An exceptional opportunity in prestigious King City to own a grand estate property offering over 13,000 sq.ft. of total living space. This expansive residence presents a true blank canvas for end-users, builders, or investors looking to design and finish a custom home tailored to their exact vision. The main level offers an impressive footprint with generously sized principal rooms, including a large kitchen area, formal dining space, private office, and expansive living areas ready to be reimagined. The layout provides excellent flow and scale, ideal for creating a modern open-concept design or maintaining defined luxury spaces. The second level features multiple oversized bedrooms, including a substantial primary suite with walk-in closet and ensuite layout, along with additional bedrooms positioned for privacy and functionality-each with access to bathrooms and ample closet space. The basement remains unfinished, offering a significant amount of additional square footage with endless possibilities for customization-whether a recreational level, wellness space, home theatre, or in-law suite. Featuring 6 garage spaces and a separate in-law suite above the garage, this property offers exceptional flexibility for multi-generational living or additional accommodation. Situated on a premium lot in a sought-after King City location, close to top-rated schools, parks, and commuter routes. A rare opportunity to complete a truly custom estate.
Listed by ROYAL LEPAGE COMMERCIAL WESTHAVEN.
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LAND TRANSFER TAX CALCULATOR
| Purchase Price | |
| First-Time Home Buyer |
|
| Ontario Land Transfer Tax | |
| Toronto Land Transfer Tax | |
Province of Ontario (effective January 1, 2017)
For Single Family or Two Family Homes
- Up to and including $55,000.00 -> 0.5%
- $55,000.01 to $250,000.00 -> 1%
- $250,000.01 to $400,000 -> 1.5%
- $400,000.01 & $2,000,000.00 -> 2%
- Over $2,000,000.00 -> 2.5%
First-time homebuyers may be eligible for a refund of up to $4,000.
Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers
City of Toronto (effective March 1, 2017)
For Single Family or Two Family Homes
- Up to and including $55,000.00 -> 0.5%
- $55,000.01 to $250,000.00 -> 1%
- $250,000.01 to $400,000 -> 1.5%
- $400,000.01 & $2,000,000.00 -> 2%
- Over $2,000,000.00 -> 2.5%
First-time homebuyers may be eligible for a rebate of up to $4,475.
Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities
MORTGAGE CALCULATOR
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| * This material is for informational purposes only. | |||
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