110 Aileen Avenue, King, ON

Rural King, King · MLS® N12781950

$1,699,000
For Sale
Listed 249 days agoNo offer date statedSitting longer than typical
10Parking
5,000Sq ft

About this home

In short

  • Click Virtual Tour for drone video.
  • Only 21 mins away from Toronto with easy access to Hwy 400.
  • 10 acres of fertile black soil farm.
  • Property includes a 6,000 sqft insulated storage barn (8" insulation) recently upgraded to a 2-story structure, providing massive extra space for poultry farming....
  • Land can build a custom luxury house up to 10,000 sqft.

Click Virtual Tour for drone video. A great investment at this excellent location! Only 21 mins away from Toronto with easy access to Hwy 400. 10 acres of fertile black soil farm ! Property includes a 6,000 sqft insulated storage barn (8" insulation) recently upgraded to a 2-story structure, providing massive extra space for poultry farming. *** Recent Upgrades: Includes 30 greenhouses for vegetable farming. Upgraded electrical panel and wire fencing installed. *** Ideal for specialty farming or livestock; can raise chickens, ducks, geese, pigeons, and pheasants. Land can build a custom luxury house up to 10,000 sqft. Has newer 300 ft deep drilled well of fresh water and drainage tile installed throughout. Close to river, easy to get additional water for irrigation. Be a landlord or DIY vegetable farming. A truly unique opportunity in a prime location with high income potential and massive infrastructure.

Key facts

Property type
Other, Other
MLS®
N12781950
Size
5,000 sq ft
Lot
228.25 × 1920.09 ft
Cross streets
Hwy 400 / Davis Dr W
Parking
10 parking
Driveway
Front Yard Parking
Basement
None
Heating
Other
A/C
None
Exterior
Metal/Steel Siding
Sewer
None
Property tax
$3,495 / 2026
Days on market
249
Listing brokerage
HOMELIFE LANDMARK REALTY INC.
Our TakeTeam Asgarian · Broker
No automatic estimate

This home is in the largest size bracket the board records (5,000 sq ft and up). Comparable-sales math compares homes by size, and too few homes this large sell nearby to compare it fairly, so no automatic estimate is shown. The largest homes in Rural King (3,500 sq ft and up) have sold between $1.10M and $8.50M over the last two years (30 sales).

Considering this property? Request a written price read

Sold price trend

Median sold price for homes in King: $1.76M in September 2026, down 7% from a year ago, on 236 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. King as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$2.00M24
November 2025$2.08M25
December 2025$1.60M15
January 2026$1.82M9
February 2026$1.39M11
March 2026$1.87M17
April 2026$1.39M20
May 2026$1.74M28
June 2026$2.30M19
July 2026$1.82M23
August 2026$1.74M23
September 2026$1.76M22

Neighbourhood & location

Rural King, King, ON

CommuteTime from this home to where you spend your day

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Nearby neighbourhoods

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

Pottageville
$1.30M
Schomberg
$836K
King City
$2.52M
Nobleton
$2.24M

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

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

Affordability & Mortgage

Affordability
$7,743/mo
$305KIncome needed
5.6×Price ÷ income
$1,787Weekly cost
$30,455Land transfer tax, one-time (Ontario)
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 $7,743Property tax $291Total carry $8,035

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.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,515per month

Mortgage amount $1,359,200 · 4.49% over 25 years

$339,800Down payment (20.0%)
$1,359,200Loan before insurance
$0CMHC premium
$7,807Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,515
Property tax
$291
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,807

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

One-time closing costs

Ontario land transfer tax
$30,455
Estimated closing costs
$30,455

Plus your down payment of $339,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$9,096/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

$895,375Total interest paid
$2,254,575Total of all payments
Principal $1,359,200 Interest $895,375
YearPrincipalInterestBalance
1$30,332$59,851$1,328,868
2$31,709$58,474$1,297,160
3$33,148$57,035$1,264,011
4$34,654$55,529$1,229,358
5$36,227$53,956$1,193,131
6$37,872$52,311$1,155,259
7$39,591$50,592$1,115,668
8$41,389$48,794$1,074,279
9$43,268$46,915$1,031,011
10$45,233$44,950$985,778
11$47,286$42,897$938,492
12$49,433$40,750$889,058
13$51,678$38,505$837,380
14$54,024$36,159$783,356
15$56,477$33,706$726,879
16$59,041$31,142$667,838
17$61,722$28,461$606,115
18$64,525$25,658$541,591
19$67,454$22,729$474,136
20$70,517$19,666$403,619
21$73,719$16,464$329,901
22$77,066$13,117$252,835
23$80,565$9,618$172,270
24$84,223$5,960$88,047
25$88,047$2,136$0

At the end of your 5-year term

Total paid over the term
$450,915
Principal paid down
$166,069
Interest paid
$284,846
Balance remaining
$1,193,131

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
From 16 whole-home leases in Rural King$4,302/mo
$51,624Gross annual rent
2.4%Cap rate after taxes and upkeep
$3,731 to $4,736Typical rent range

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

Talk about the numbers

The last 16 whole-home leases in Rural King signed at a median of $3,319 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,302. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

3.0%
Gross yield
− Property tax $3,495− Insurance $1,400− Vacancy & upkeep $5,679Net operating income $41,050

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE LANDMARK REALTY INC.. MLS®/PropTx.

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