178 Patton Street, King, ON
King City, King · MLS® N12943220
About this home
Gorgeous Designer Home Located In Sought-after Exclusive Pocket In King City. Featuring over 4,600 sq ft Above Grade With 4 Bedrooms and 6 Bathrooms, 10' Ceilings, Crown Mouldings, Wall Panelling, Designer Light Fixtures, Pot Lighting, Upgraded Hardwood Flooring and Porcelain Tiles. Open Concept Family Room, With Custom Wall Unit, Plus Add'l Family Room Loft on 2nd Floor.Chef-inspired Custom Kitchen Equipped With Quartz Countertops, Sub Zero Side by SideFridge & Freezer, Wolf 6 Burner Gas Stove, Wolf Oven & Microwave, Bosch Dishwasher. Primary Bedroom Features Accent Wall, Custom Cabinetry His & Her Walk In Closets, Ensuite with His and Her Vanities & Quartz Countertops.Fully Finished Basement with 9' Ceilings Perfect For Nanny or In Law Suite, With a Bedroom, Bathroom, Family Theatre Room with Fireplace, Gym, Wet Bar & Cedar Wine Cellar. Professionally Landscaped With Heated Driveway and Garage, 3 Car Garage & Parking For 9 Cars, Maintenance Free with Irrigation System.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N12943220
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 6 (1 half)
- Size
- 3500-5000
- Lot
- 135.24 × 77.47 ft
- Cross streets
- Patton St & Elizabeth Grove
- Parking
- 3 garage · 9 parking (attached)
- Driveway
- Private
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone, Stucco (Plaster)
- Foundation
- Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $15,505 / 2025
- Days on market
- 107
- Listing brokerage
- ENGEL & VOLKERS TORONTO CITY
Rooms
hardwood floor · 3 pc ensuite · b/i closet
hardwood floor · large window
tile floor · b/i shelves
hardwood floor · fireplace · combined w/living
hardwood floor · 7 pc ensuite · b/i closet
hardwood floor · large window · b/i bookcase
quartz counter · breakfast bar · b/i appliances
hardwood floor · 3 pc ensuite · b/i closet
hardwood floor · fireplace · combined w/dining
hardwood floor · 3 pc ensuite · b/i closet
hardwood floor · large window · b/i bookcase
tile floor · b/i closet
Listed at $3,498,000, this home is tracking about 20% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run 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 20 similar homes nearby, adjusted for size, beds, and baths.Median of 20 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.22M, a bit higher.
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 $3.40M
- Adjusts to $3.40M
That comparable adjusts to $3.40M; the $2.92M estimate above is the median of all 20 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. Keele St / Elizabeth GR is about a 5-minute walk away.
Total price vs nearby homes. Fair value about $2.92M, median of 20 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.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- 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.
- Open-concept layout: modern, sought-after flow.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Value driver
- Worth verifying
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 9% above the area average of $756/sqft.
86 days longer than the King average (21 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
King City, King, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: Keele St / Elizabeth GR, about 361 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). King.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $2,798,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $14,933
- Property tax
- $1,292
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $16,225
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $73,925
- Estimated closing costs
- $73,925
Plus your down payment of $699,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $895,998
- Principal paid down
- $356,377
- Interest paid
- $539,621
- Balance remaining
- $2,442,023
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ENGEL & VOLKERS TORONTO CITY. MLS®/PropTx.