Classic limestone estate with elevator in King City

Property details for 256 Patricia Drive, King

Type: Residential
Bedrooms: 6
Bathrooms: 8
Lot Size: 100.3 x 173.3 FT ; 100.09 x 180.16 x 100.40 x 173.28 Ft
Stories: 2
Basement: Finished, Walk-up, N/A, N/A
Parking: Attached Garage, Garage, Inside Entry
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Stone, Stucco
Ownership: Freehold
Annual Taxes: $22,100

Finished in 2019, this limestone and stucco neo-classical home sits on a 100 x 173 foot lot in King City and delivers over 9,000 square feet of finished living space. Six beds and eight baths spread across three levels. An 11-foot ceiling foyer with custom millwork and a wrought-iron staircase sets the tone. The kitchen has Sub-Zero and Wolf appliances, granite counters, and opens to the family room and eating area. Main floor has a private library, a mudroom with dog wash station, and a laundry room. There's also an elevator that runs to all floors. The second level holds five bedrooms, each with its own ensuite, including a primary suite with a marble spa bath and walk-in dressing room. Walk-out basement is fully finished with heated floors, a wine bar, theatre, sauna, recreation lounge, and a nanny suite. Outside, the stone terrace and yard are low-maintenance. Smart home features, dual HVAC, surveillance, and whole-home audio come with it. Three car garage plus a ten-car driveway. Taxes run about $22,100 annually. It's under a kilometer to King City Secondary School and about three kilometers to The Country Day School and Villanova College. This one's priced at $4.86 million, which sits right at the median for the area, and there are just three other active listings nearby.

About 256 Patricia Drive, King — Property Score

Prime Location Feature Rich Hot Market

Score: 65/100

Value

Priced 68.8% above area median of $2,880,000 based on 41 comparable properties nearby 1

Stable pricing - no price changes since original listing date 50

Size

6 bedrooms - typical for similarly priced homes 60

8 bathrooms - 1 more than similarly priced properties nearby 72

17,382 sqft lot - an oversized lot for the area 90

Location

$120K median household income - above the Canadian average of $70K 90

82% of residents hold postsecondary credentials - a highly educated neighbourhood 90

87% homeownership rate - indicating a stable, owner-occupied community 91

59% of residents commute under 30 minutes - good commuting convenience 77

1,276/km² population density - a well-balanced suburban area 83

Market

Just listed - area average is 90 days on market 100

+59.7% median price change over 1 month - rising prices in the area 100

31.3 months of housing supply - 125 active listings with 4 sold last month (buyer's market) 40

Features

13-car garage - more than the area average of 11.3 spots 95

Finished, Walk-up, N/A, N/A basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

3 fireplaces - a desirable feature for Canadian winters 85

No premium extras like pool, waterfront, or view 50

Investment

0.45% effective tax rate ($22,100/yr) - very low tax burden 87

9% renter population - primarily owner-occupied area 40

Quality

Condition

Listing

50 photos provided - 35% more than the area average of 37 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.