2508 16th Side Road, King, ON

Rural King, King · MLS® N12690660

$7,495,000
For Sale
Listed 185 days ago
6Bedrooms
8Bathrooms
2Garage · 22 parking
5,000Sq Ft

About this home

Where grand living meets heartfelt warmth. As grand as this estate is, the true magic lies in the feeling you get the moment you step inside, a welcoming sense of comfort, like an embraced hug. Set on over 12 rolling acres, this country home offers space, beauty, and thoughtful details throughout. Featuring six bedrooms, four of which boast updated en-suites and all offering spacious closets. Additional private nanny or in-law suite, there is room for family and guests alike. Elegant finishes such as plaster crown moldings, custom mill-work, and hand-finished drywall and plaster walls add a timeless character. While in the heart of the home, the designer kitchen features built-in appliances and a complete butlers pantry that walks out to a magnificent flagstone patio, perfect for gatherings. From here, take in views of lush, tiered perennial gardens that feel like a corner of the Tuscan countryside. Whether its quiet moments in the library, working from one of two home offices, or enjoying the soaring cathedral ceilings, this home is filled with spaces that bring people together. The fully finished lower level is designed for living, complete with a 1,000-bottle wine room, games and recreation space, private fitness studio with cushioned rubber flooring, hobby/artisan room which can easily be converted to a 6th bedroom, and oversized windows that flood the space with natural light. Eco-friendly Geothermal heating and cooling, two high efficiency furnaces, irrigation system, high-capacity generator, industrial grade water treatment systems, cathedral and 10' ceilings on main and second floor and 2 cozy wood-burning fireplaces ensure year-round comfort. Finished in classic stucco and stone with an oversized two-car garage, this estate blends country living with thoughtful luxury. Truly a home built to be lived in and loved.

Key facts

Property type
Detached, 2-Storey
MLS®
N12690660
Bedrooms
6 (5 + 1)
Bathrooms
8 (2 half)
Size
5,000 sq ft
Lot
400.35 × 1341.47 ft
Cross streets
16th Sideroad/Keele
Parking
2 garage · 22 parking (attached)
Driveway
Private
Basement
Finished
Heating
Heat Pump
A/C
Central Air
Exterior
Stone, Stucco (Plaster)
Foundation
Concrete, Poured Concrete
Roof
Shingles
Sewer
Septic
Property tax
$18,305 / 2025
Days on market
185
Listing brokerage
LACEBY REAL ESTATE LIMITED

Rooms

LibraryMain3.73 × 3.48 m

b/i bookcase · large window · hardwood floor

Family RoomSecond8.18 × 5.89 m

b/i bookcase · hardwood floor · pot lights

RecreationLower9.45 × 7.37 m

Pot Lights

BedroomLower5.00 × 3.35 m

Pot Lights

Bedroom 4Second3.91 × 3.43 m

3 pc ensuite · large closet · large window

Primary BedroomMain5.23 × 4.67 m

6 pc ensuite · walk-in closet(s) · w/o to garden

PantryMain3.38 × 2.62 m

b/i dishwasher · b/i desk · w/o to garden

OfficeSecond7.19 × 2.59 m

hardwood floor · overlooks frontyard

KitchenMain4.45 × 4.32 m

b/i appliances · centre island · eat-in kitchen

Living RoomMain6.71 × 4.62 m

w/o to garden · cathedral ceiling(s) · fireplace

Bedroom 3Second4.47 × 4.42 m

4 pc ensuite · double closet · large window

BreakfastMain5.21 × 2.79 m

large window · south view · combined w/kitchen

OtherLower4.17 × 3.07 m

stone floor · b/i shelves

Exercise RoomLower10.06 × 4.95 m

cushion floor · large window · west view

SittingMain5.00 × 4.04 m

fireplace · pocket doors · large window

Dining RoomMain5.00 × 4.42 m

south view · large window · hardwood floor

Bedroom 2Second6.88 × 6.55 m

large window · l-shaped room · west view

Bedroom 5Second5.05 × 3.68 m

4 pc ensuite · double closet · large window

FoyerMain5.00 × 4.04 m

marble floor · cathedral ceiling(s) · spiral stairs

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

Its public catchment (King City PS) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, this is a more car-dependent spot, so buyers here typically drive. Seneca College Stop # 1706 is about a 31-minute walk away. Worth weighing if transit access matters to you.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Value driver
  • Worth verifying
Comparable listingsCurrently listed nearby in Rural King · asking prices
$5.29Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

105 King Hills Lane$7.49M206 Churchill Avenue$5.50M105 Eden Vale Drive$5.46M65 Kingswood Drive$4.00M1785 Davis Drive$4.00M

The 5 closest of 6 active listings nearby.

See all comparable homes
7.50MThis home7.49M5.50M5.46M4.00M4.00MThis home vs active comparables
Live market pulseActive comparables in Rural King · median list $5.50M
$1,499this home / sqft
8active listings nearby
185days on market

This home lists 1% below the area average of $1,513/sqft.

164 days longer than the King average (21 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Rural King, King, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

13/ 100

Car-DependentA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Almost all errands require a car.

🚉 Nearest transit: Seneca College Stop # 1706, about 2.5 km away

1 dining2 parks

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

King City
$2.81M
Pottageville
$2.16M
Nobleton
$2.20M
Schomberg
$1.23M

Typical asking price of active listings of the same type, per area (outliers removed). King.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near King City PS
75%
King City PSPublic · Elementary · JK-8 · 4.2 km awayAbove the GTA average · 75% meet the provincial standard

Affordability & Mortgage

Affordability
$34,160/mo
$1342KIncome needed
5.6×Price ÷ income
$7,883Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

96%mortgage
Mortgage $34,160Property tax $1,525Total carry $35,685

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$31,997per month

Mortgage amount $5,996,000 · 4.14% over 25 years

$1,499,000Down payment (20.0%)
$5,996,000Loan before insurance
$0CMHC premium
$33,522Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$31,997
Property tax
$1,525
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$33,522

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$173,850
Estimated closing costs
$173,850

Plus your down payment of $1,499,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$38,863/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$3,603,064Total interest paid
$9,599,064Total of all payments
Principal $5,996,000 Interest $3,603,064
YearPrincipalInterestBalance
1$140,466$243,497$5,855,534
2$146,341$237,622$5,709,193
3$152,462$231,500$5,556,731
4$158,840$225,123$5,397,892
5$165,484$218,479$5,232,408
6$172,405$211,557$5,060,002
7$179,617$204,346$4,880,386
8$187,130$196,833$4,693,255
9$194,957$189,005$4,498,298
10$203,112$180,850$4,295,186
11$211,608$172,355$4,083,578
12$220,459$163,503$3,863,118
13$229,681$154,282$3,633,438
14$239,288$144,675$3,394,150
15$249,297$134,666$3,144,853
16$259,725$124,238$2,885,128
17$270,589$113,374$2,614,539
18$281,907$102,056$2,332,632
19$293,699$90,264$2,038,933
20$305,984$77,979$1,732,950
21$318,783$65,180$1,414,167
22$332,117$51,846$1,082,050
23$346,009$37,954$736,042
24$360,482$23,481$375,560
25$375,560$8,402$0

At the end of your 5-year term

Total paid over the term
$1,919,813
Principal paid down
$763,592
Interest paid
$1,156,221
Balance remaining
$5,232,408

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$10,500/mo
$126,000Gross annual rent
1.2%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

1.7%
Gross yield
− Property tax $18,305− Insurance $1,400− Vacancy & upkeep $13,860Net operating income $92,436

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of LACEBY REAL ESTATE LIMITED. MLS®/PropTx.

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