197 Melrose Avenue, King, ON

$1,849,000
MLS#:N12272405
3 beds
2 baths
1500-2000 sqft
8.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Backsplit 4"] detached located in the coveted neighborhood of King City. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $1,849,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 100.08 x 150.12 ft lot
  • Features a ["partially finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Carpet Free, Central Vacuum
  • equipped with ["central air"] central cooling and highly efficient heat pump heating via gas

Welcome to 197 Melrose Avenue, a truly exceptional property situated on a spectacular premium 100x150 lot in the highly desirable town of King City. This charming town perfectly blends small-town charm with convenient big-city amenities, offering an ideal lifestyle for its residents. The possibilities for this home are truly endless. You could choose to move in and enjoy the existing charm, undertake renovations to personalize the space, expand the footprint with a possible addition, or even build the custom home you've always envisioned. This property is surrounded by beautiful custom homes, and finding lots of this size in the King City area is becoming increasingly rare. The home itself features hardwood floors throughout, generously sized bedrooms, a lovely three-season room, and a wood deck conveniently located off the kitchen. Additionally, it boasts an oversized garage and a spectacular fully fenced lot, providing privacy and tranquility with its mature trees, newer Heat Pump and Furnace for excellent energy efficiency . The location is incredibly convenient, being just minutes from the 400 series highways and the Go train in town; this makes it ideal for both city commuters and those heading to the cottage . It's also in close proximity to King's finest private schools, Country Day and Villa Nova, and is within walking distance to a variety of restaurants, amenities, parks, and walking trails. This is a fantastic opportunity you won't want to miss.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 15, 2025
Sold price information is available to members only
Listed Date7/9/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionAluminum Siding, Brick
Lot Size100.08 × 150.12 Feet
CountyYork
Annual Tax$6,548
Legal DescriptionLT 10 PL 416 KING ; KING

Parking & Garage

Parking Spaces8.0
Garage Spaces6
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeHeat Pump
Cooling["Central Air"]

Features

Property Features

Fenced Yard, School, School Bus Route

Community Features

Location

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197 Melrose Avenue, King, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for King City, King.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$2,550,238

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Holy Name King
Public65 Spring Hill Drive, King, Ontario, L7B 0B6
6.3
Father Frederick McGinn
Public61 Brockdale Street, Richmond Hill, Ontario, L4E 4W2
7.1
Kettle Lakes
Public62 Kingshill Road, Richmond Hill, Ontario, L4E 4X5
7.6
St Raphael the Archangel
Public131 Ravineview Drive, Vaughan, Ontario, L4G 0M1
7.4
King City King
Public12001 Tim Hortons drive thru, Vaughan, Ontario, L7B 1A8
3.5

Secondary Schools

King City King
Public12001 Tim Hortons drive thru, Vaughan, Ontario, L7B 1A8
6.7
Renaissance
Public700 Bloomington Road, Aurora, Ontario, L4G 0E1
8.1

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 197 Melrose Avenue, King, ON L7B 1J7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$1,479,200
Monthly Mortgage$8,595
Property Tax (Est.)$546
Utilities & Maint.$350
Total Monthly Cost$9,491

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in King.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.