Each week in Here & There, we compare how far your real-estate dollar goes in downtown Toronto versus outlying areas less than an hour outside the city. This week: is King City really fit for a king?
Click on the addresses to view full MLS listing and photo gallery.
Address: #2701-8 Colborne St. (King & Yonge)
Price: $649,900 (plus monthly condo fees of $952.57)
Size: approx. 735 sq. ft. (realtor lists property size as 900-999 sq. ft.)
Annual property taxes: approx. $6,629.47 annually
Central A/C: Yes
Cost of monthly adult TTC metropass: $126; $1,512 annually
Bonuses: located in the heart of the Financial District, close to transport links, many restaurants, bars and shops; one of only two penthouses at the four star Cosmopolitan Hotel & Residences; contemporary two story loft design with double height windows and north and west views; balcony runs entire width of the suite; floating open staircase leads to a private terrace and rooftop garden with views of the skyline; property has full hotel amenities; hardwood floors throughout; kitchen with granite countertops; includes fridge, stove top, microwave, washer and dryer; no locker, no parking.
Address: 75 Hambly Ave. (Keele St. & King Rd.)
Property size: 11,250 sq. ft. (approx. 1,570 sq. ft. of interior room space, not including hallways, basement or bathrooms)
Annual property taxes: approx. $5,515
Style: Detached bungalow
Central A/C: Yes
Distance to King City GO Train Station: 1.5 km
Distance to Union Station: approx. 52 km
Time to Union Station on GO Train: approx. 45 minutes.
Cost of monthly adult GO Train pass: $203; $2,436 (annually)
Bonuses: located on large lot in the heart of King City on a quiet dead end street in a cul-de-sac, close to transport links (including Hwy. 400 and walking distance to GO Transit station), schools, restaurants, shops and parks; recent upgrades, including hardwood floors throughout, granite counters and backsplash in kitchen; property includes three fireplaces, a large back deck and two walkouts to the backyard; full finished basement with wet bar; tandem two car garage with keyless entry.