155 Dennison Street, King, ON

King City, King · MLS® N12779222

$1,999,999
For Sale
Listed 156 days ago
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4Bedrooms
4Bathrooms
2Garage · 10 parking
2500-3000Sq Ft

About this home

An extraordinary and rarely offered opportunity to secure a spectacular 0.914-acre ravine lot in one of King Township's most prestigious and sought-after neighbourhoods. Spanning approximately 39,815 sq ft as per MPAC and boasting an impressive 247 feet of frontage, this expansive property presents the ideal canvas to design and build a truly remarkable custom estate. This cleared lot showcases breathtaking natural ravine views, mature surroundings, and exceptional privacy, offering a serene retreat while maintaining a refined, estate-like presence. The generous frontage and depth provide flexibility for a grand architectural vision, landscaped grounds, and luxurious outdoor living spaces. Ideally positioned just minutes from the Village core, top-tier public and private schools, GO Transit, and convenient access to Highway 400, this property seamlessly blends tranquility with accessibility. A rare chance to create a legacy residence in one of King's most exclusive enclaves. Seller open to VTB options.

Key facts

Property type
Detached, Sidesplit
MLS®
N12779222
Bedrooms
4
Bathrooms
4 (1 half)
Size
2500-3000
Lot
247.13 × 222.4 ft
Cross streets
Keele St & King Rd
Parking
2 garage · 10 parking (attached)
Driveway
Private
Basement
Partially Finished, Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Brick
Roof
Asphalt Shingle
Sewer
Septic
Property tax
$8,565 / 2025
Days on market
156
Listing brokerage
RE/MAX PREMIER THE OP TEAM

Rooms

BedroomBasement3.66 × 3.35 m

hardwood floor · window

Primary BedroomUpper4.88 × 3.66 m

hardwood floor · walk-in closet(s) · window

Bedroom 3Upper4.14 × 3.96 m

hardwood floor · window

Family RoomGround5.21 × 4.14 m

Window

Bedroom 2Upper4.23 × 3.05 m

tile floor · window

KitchenGround3.42 × 2.62 m

Tile Floor

BreakfastGround3.84 × 2.62 m

tile floor · sliding doors

RecreationBasement6.10 × 3.96 m

hardwood floor · sliding doors · fireplace

RecreationBasement7.32 × 5.16 m

tile floor · sliding doors

Dining RoomGround3.66 × 3.66 m

Sliding Doors

RecreationBasement3.96 × 3.05 m

hardwood floor · window

Moe’s TakeTeam Asgarian · Broker
In the wider range
$2.10Mest. value

Listed at $1,999,999, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 47 similar homes nearby, adjusted for size, beds, and baths.Median of 47 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.90M, a close match. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $1.90M
  • Bathrooms +$15K
  • Adjusts to $1.91M

That comparable adjusts to $1.91M; the $2.10M estimate above is the median of all 47 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

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. King Rd / King Blvd is about a 5-minute walk away.

List price
$1.72MGreat deal$2.78MOverpriced

Total price vs nearby homes. Fair value about $2.10M, median of 47 comparables.

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.

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Worth verifying
  • Value driver
Comparable listingsCurrently listed nearby in King City · asking prices
$1.94Mavg asking

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

32 Nicort Road$2.00M113 Burns Boulevard$1.85M21 Lilly Valley Crescent$1.75M80 Findlay Avenue$1.90M157 East Humber Drive$2.19M

The 5 closest of 8 active listings nearby.

See all comparable homes
2.00MThis home2.00M1.85M1.75M1.90M2.19MThis home vs active comparables
Live market pulseActive comparables in King City · median list $2.69M
$727this home / sqft
50active listings nearby
156days on market

This home lists 23% below the area average of $942/sqft.

135 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

King City, 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

53/ 100

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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: King Rd / King Blvd, about 436 m away

18 transit stops20+ dining9 parks4 pharmacies

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.

Rural King
$2.51M
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 · 0.3 km awayAbove the GTA average · 75% meet the provincial standard

Affordability & Mortgage

Affordability
$9,115/mo
$372KIncome needed
5.4×Price ÷ income
$2,104Weekly 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.

93%mortgage
Mortgage $9,115Property tax $714Total carry $9,829

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)
$8,538per month

Mortgage amount $1,599,999 · 4.14% over 25 years

$400,000Down payment (20.0%)
$1,599,999Loan before insurance
$0CMHC premium
$9,252Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,538
Property tax
$714
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,252

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

One-time closing costs

Ontario land transfer tax
$36,475
Estimated closing costs
$36,475

Plus your down payment of $400,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$10,370/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

$961,458Total interest paid
$2,561,457Total of all payments
Principal $1,599,999 Interest $961,458
YearPrincipalInterestBalance
1$37,482$64,976$1,562,517
2$39,050$63,408$1,523,466
3$40,684$61,775$1,482,783
4$42,385$60,073$1,440,397
5$44,158$58,300$1,396,239
6$46,005$56,453$1,350,233
7$47,930$54,528$1,302,304
8$49,935$52,524$1,252,369
9$52,023$50,435$1,200,346
10$54,199$48,259$1,146,146
11$56,466$45,992$1,089,680
12$58,828$43,630$1,030,852
13$61,289$41,169$969,563
14$63,853$38,606$905,710
15$66,524$35,935$839,186
16$69,306$33,152$769,880
17$72,205$30,253$697,675
18$75,225$27,233$622,450
19$78,372$24,086$544,078
20$81,650$20,808$462,428
21$85,065$17,393$377,363
22$88,624$13,835$288,739
23$92,330$10,128$196,409
24$96,193$6,266$100,216
25$100,216$2,242$0

At the end of your 5-year term

Total paid over the term
$512,291
Principal paid down
$203,760
Interest paid
$308,531
Balance remaining
$1,396,239

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$5,250/mo
$63,000Gross annual rent
2.3%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.

3.2%
Gross yield
− Property tax $8,565− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $46,105

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX PREMIER THE OP TEAM. MLS®/PropTx.

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