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$7.90M · 5 bed Detached · Rural King, King | MyPropertyScout

$7,900,000

62 Mount Mellick Drive

5 DOM

575d

Map

DOM 5

Motivated Seller

$7,900,000

Motivated Seller

DOM5days

62 Mount Mellick Drive

King · Ontario L7B 1A3

MLS® N13571670 · Rural King · L7B 1A3

57Vacant5000 + ft²Detached6-car AttachedSeparate Entrance, Unfinished5d$1,580/ft²Lot 328.6 x 410.8 ft$1 tax/yrSeparate Entrance, Unfinished

5 days on market

About this home

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 reimag…

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Property details

MLS#: N13571670
Status: Buy Now
Property class: Residential Freehold
Beds: 5
Baths: 7 full, 0 half
Rooms: 15
Kitchens: 2
Size: 5000 +Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: Separate Entrance, Unfinished
Style: 2-Storey
Type: Detached
Year built: —Year built not on MLS feed (often MPAC-only on broker systems)

Roll / ARN: 194900012189070
Plan: 65M3805

Occupancy: Vacant
Washrooms: 2 pc · Main; 3 pc · Second; 4 pc · Second; 6 pc · Second
Family room: Family room
Central vacuum: No
Ensuite laundry: No

Roof: Shingles
Foundation: Concrete

Garage: 6-car Attached
Garage spaces: 6
Parking: —
Lot: 328.64 × 410.76
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Pool: No
Waterfront: No
Exterior: Brick
Fronting on: East
Cross street: JANE/MOUNT MELLICK
Stories: —
Utilities: —
Laundry: —
Interior: Air Exchanger, Auto Garage Door Remote, ERV/HRV, In-Law Capability, On Demand Water Heater, Rough-In Bath, Storage Area Lockers, Sump Pump
Parking features: Private

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Room details

Seller signals

Price movement & seller pressure

Motivated SellerWhy this label

Estate sale — Listing remarks or MLS designation indicate an estate sale.

Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: ROYAL LEPAGE COMMERCIAL WESTHAVEN

Source: TRREB/PROPTX · MLS® N13571670

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$7.90M

62 Mount Mellick Drive · Bryon Bertrim

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Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $7,900,000✓ $1 tax✓ Gas✓ 5000 + ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$53,048/mo

incl. closing costs (yr 1)

Annual total

$636,578

year 1

Mortgage only

$29,970/mo

principal + interest

Beyond mortgage

$7,288/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$1,580,000

20%+ required — no CMHC insurance on $1.5M+ homes

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$0/mo

Utilities

Hydro / electricity$350/mo

≈ $0.07/ft² × ~5,000 ft² · ON avg ~$350/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$79,000/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$183,975

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)56% $359,642/yr

Property taxes29% $183,976/yr

Utilities1% $7,260/yr

Insurance & security0% $1,600/yr

Maintenance12% $79,000/yr

Closing costs1% $5,100/yr

Mortgage is 56% of your true cost of ownership. The other 44% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$359,642	$29,970/mo
Government & taxes
Property tax	$1	$0/mo
Land transfer tax(closing)	$183,975	$15,331/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$4,200	$350/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$79,000	$6,583/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$636,578	$53,048/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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62 Mount Mellick Drive

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

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Annual costs