
197 Melrose Avenue
King (King City), ON L7B 1J7
- 3Bedrooms
- 2Bathrooms
- 2Garage
- 1500–2000Sq Ft
- $6,548Tax
- 100×150 ftLot Size
- Estimated Value:$1,483,500See Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 197 Melrose Avenue, King, King City
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2025-07-09 | 2025-09-15 | Login to See Prices | Sold | n12272405 |
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About 197 Melrose Avenue, King, King City
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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $6,548
- Land Transfer Tax Fee
- $33,455
- Basement Type
- Partially Finished
Interior Features
- Interior Extras
- Carpet Free, Central Vacuum
- Security Features
- None
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Exterior Extras
- Deck, Patio, Privacy
- Pool
- None
- Property Features
- Fenced Yard, School, School Bus Route
Building
- Building Type
- Detached
- Building Style
- Backsplit 4
Construction
- Exterior Finish
- Aluminum Siding, Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Unknown
- Special Designation
- Unknown
Lot
- Lot Front
- 100.08 ft
- Lot Depth
- 150.12 ft
Inclusions
- Inclusions
- All Appliances, all ELF's, all window coverings, garage door openers. Newer Heat Pump and Furnace
Parking & Garages
- Garage Type
- Attached
- Garage Spaces
- 2
- Parking Spaces
- 6
- Total Garage And Parking Spaces
- 8
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Heat Pump
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Natural Gas
- Yes
- Hydro
- Yes
- Cable
- Yes
- Telephone
- Yes
- Bedrooms
- 3
- Washrooms
- 2
- Kitchens
- 1
- Family / bonus room
- Yes
Room sizes
- Kitchen—Main level, Stainless Steel Appl, W/O To Deck, Granite Counters
- Dining Room—Main level, Crown Moulding, Combined w/Kitchen, Hardwood Floor
- Family Room—Main level, Crown Moulding, Bay Window, Hardwood Floor
- Primary Bedroom—Second level, Double Closet, Large Window, Hardwood Floor
- Bedroom 2—Second level, Double, Large Window, Closet
- Bedroom 3—Second level, Double Closet, Large Window, Hardwood Floor
- Office—Lower level, Walk-Out, Pot Lights, Formal Rm
- Recreation—Lower level
Washrooms
- 2-piece, Ground
- 4-piece, Second
- Municipality
- King
- Neighbourhood
- King City
- Main cross streets
- King rd. / Keel St.
- Directions
- King rd. / Keel St.
- MLS® number
- N12272405
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-09-15
- Listed on
- 2025-07-09
- Days on market
- 68 days
- Possession type
- Flexible
- Co-op commission
- 2.5%
- Seller
- Listed by
- CENTURY 21 HERITAGE GROUP LTD.
Home Market Value
Current home valuation for 197 Melrose Avenue, King, King City, King, ON. Listed for $1,849,000
HOMEH Estimate
$1,483,500
Estimated Sales Range
$1,171,965 - $1,795,035
HOMEH Estimate for 197 Melrose Avenue, King, King City
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
20% required for homes $1.5M or more
$369,800
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $0 | $0 | $0 | $0 |
=Total mortgage | $1,479,200 | $1,386,750 | $1,294,300 | $1,201,850 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $7,222monthly | $6,771monthly | $6,319monthly | $5,868monthly |
Land Transfer Tax
$33,455
$33,455
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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