1268 15th Side Road, King, ON

Rural King, King · MLS® N12724182

$2,450,000
For Sale
Listed 175 days ago
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5Bedrooms
4Bathrooms
15Parking
1100-1500Sq Ft

About this home

Looking For A Country Home In The City?? Spacious 2+ Acre Bungalow Nestled Around Trees With Deep Set Back From Road. It Offers Privacy And Serenity While Being A Stones Throw From Urban Amenities. This Spacious Home Boasts, 3 Fireplaces; 3 Beds Converted Into 2 Bedrooms Upper Level. Private Master With W/I Closet & Ensuite, Layout Is Ideal For Multi-Generation Family. Bsmt With Larger Windows. Inground Pool W/ Views Of Eversley Lake. Great For Entertainers

Key facts

Property type
Detached, Bungalow
MLS®
N12724182
Bedrooms
5 (3 + 2)
Bathrooms
4
Size
1100-1500
Lot
175 × 510 ft
Cross streets
Bathurst/Bloomington
Parking
15 parking
Basement
Walk-Up, Apartment, Separate Entrance, Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$7,899 / 2025
Days on market
175
Listing brokerage
QUEENSWAY REAL ESTATE BROKERAGE INC.
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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. 15th Sdrd Stop # 6153 is about a 1-minute walk away.

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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Primary suite: a key comfort and resale feature.
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby in Rural King · asking prices
$1.77Mavg asking

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

280 Kettleby Road$2.40M15 Old Church Road$1.74M14426 Jane Street$1.36M1103 Graham Side Road$1.70M20430 Bathurst Street$1.65M

The 5 closest of 8 active listings nearby.

See all comparable homes
2.45MThis home2.40M1.74M1.36M1.70M1.65MThis home vs active comparables
Live market pulseActive comparables in Rural King · median list $1.68M
$1,885this home / sqft
6active listings nearby
175days on market

154 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

30/ 100

Somewhat WalkableA 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.

Some errands on foot, but most trips need a car.

🚉 Nearest transit: 15th Sdrd Stop # 6153, about 98 m away

17 transit stops3 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 · 2.8 km awayAbove the GTA average · 75% meet the provincial standard

Affordability & Mortgage

Affordability
$11,166/mo
$447KIncome needed
5.5×Price ÷ income
$2,577Weekly 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.

94%mortgage
Mortgage $11,166Property tax $658Total carry $11,825

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)
$10,459per month

Mortgage amount $1,960,000 · 4.14% over 25 years

$490,000Down payment (20.0%)
$1,960,000Loan before insurance
$0CMHC premium
$11,118Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10,459
Property tax
$658
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$11,118

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

One-time closing costs

Ontario land transfer tax
$47,725
Estimated closing costs
$47,725

Plus your down payment of $490,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$12,704/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

$1,177,786Total interest paid
$3,137,786Total of all payments
Principal $1,960,000 Interest $1,177,786
YearPrincipalInterestBalance
1$45,916$79,595$1,914,084
2$47,837$77,675$1,866,247
3$49,838$75,674$1,816,410
4$51,922$73,589$1,764,488
5$54,094$71,417$1,710,394
6$56,357$69,155$1,654,037
7$58,714$66,797$1,595,323
8$61,170$64,342$1,534,153
9$63,729$61,783$1,470,424
10$66,394$59,117$1,404,030
11$69,171$56,340$1,334,859
12$72,065$53,447$1,262,794
13$75,079$50,432$1,187,715
14$78,220$47,292$1,109,495
15$81,491$44,020$1,028,004
16$84,900$40,611$943,104
17$88,451$37,060$854,653
18$92,151$33,360$762,502
19$96,006$29,506$666,496
20$100,021$25,490$566,475
21$104,205$21,306$462,269
22$108,564$16,948$353,706
23$113,105$12,407$240,601
24$117,836$7,676$122,765
25$122,765$2,747$0

At the end of your 5-year term

Total paid over the term
$627,557
Principal paid down
$249,606
Interest paid
$377,951
Balance remaining
$1,710,394

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$2,300/mo
$27,600Gross annual rent
0.6%Est. cap rate

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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.

1.1%
Gross yield
− Property tax $7,899− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $15,265

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

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