225 GLENVILLE RD, King, ON

Rural King, King · MLS® N13002858

$799,000
For Sale
Listed 187 days agoNo offer date statedSitting longer than typical
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0Parking
700Sq ft

About this home

In short

  • Discover tranquil rural living just minutes from urban convenience with this exceptional approximately 2.5-acre building lot, perfectly suited for creating your dream...
  • Located only 2 minutes from Newmarket and 5 minutes to Hwy 400, it provides a rare opportunity to enjoy country living without sacrificing accessibility.

Discover tranquil rural living just minutes from urban convenience with this exceptional approximately 2.5-acre building lot, perfectly suited for creating your dream home. Nestled in a serene, natural setting, the property features a spring-fed pond and mature trees, offering year-round beauty and privacy. Ideal for building on the west side, the lot allows for unobstructed views of the peaceful pond to the east-perfect for enjoying nature in every season. Whether you're skating in the winter or fishing in the summer, this property offers a unique blend of recreation and relaxation. Located only 2 minutes from Newmarket and 5 minutes to Hwy 400, it provides a rare opportunity to enjoy country living without sacrificing accessibility. Zoned ORMFP (Oak Ridges Moraine Feature Protection) and not regulated by the Lake Simcoe Region Conservation Authority, this property offers both environmental protection and development potential.

Key facts

Property type
Other, Other
MLS®
N13002858
Size
700 sq ft
Lot
321.11 × 350.87 ft
Cross streets
Davis Dr. (Hwy 9) & Dufferin
Parking
0 parking
Driveway
Other
Basement
None
Heating
Other
A/C
Other
Exterior
Other
Sewer
None
Property tax
$1,988 / 2025
Days on market
187
Listing brokerage
ROYAL LEPAGE FLOWER CITY REALTY
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

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

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

Nearby neighbourhoods

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

Pottageville
$1.30M
King City
$2.52M
Schomberg
$836K
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
$3,642/mo
$147KIncome needed
5.5×Price ÷ income
$840Weekly cost
$12,455Land 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 $3,642Property tax $166Total carry $3,807

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%
$
%
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)
$3,534per month

Mortgage amount $639,200 · 4.49% over 25 years

$159,800Down payment (20.0%)
$639,200Loan before insurance
$0CMHC premium
$3,700Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,534
Property tax
$166
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,700

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

One-time closing costs

Ontario land transfer tax
$12,455
Estimated closing costs
$12,455

Plus your down payment of $159,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,278/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

$421,074Total interest paid
$1,060,274Total of all payments
Principal $639,200 Interest $421,074
YearPrincipalInterestBalance
1$14,264$28,147$624,936
2$14,912$27,499$610,024
3$15,589$26,822$594,435
4$16,297$26,114$578,138
5$17,037$25,374$561,102
6$17,810$24,601$543,291
7$18,619$23,792$524,672
8$19,464$22,947$505,208
9$20,348$22,063$484,860
10$21,272$21,139$463,588
11$22,238$20,173$441,351
12$23,247$19,164$418,103
13$24,303$18,108$393,800
14$25,406$17,005$368,394
15$26,560$15,851$341,834
16$27,766$14,645$314,068
17$29,026$13,384$285,042
18$30,344$12,067$254,697
19$31,722$10,689$222,975
20$33,162$9,248$189,813
21$34,668$7,743$155,145
22$36,242$6,169$118,902
23$37,888$4,523$81,015
24$39,608$2,803$41,406
25$41,406$1,005$0

At the end of your 5-year term

Total paid over the term
$212,055
Principal paid down
$78,098
Interest paid
$133,956
Balance remaining
$561,102

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 17 whole-home leases in Rural King$2,656/mo
$31,872Gross annual rent
3.1%Cap rate after taxes and upkeep
$2,066 to $3,046Typical 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 17 whole-home leases in Rural King signed at a median of $3,359 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,656. 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.

4.0%
Gross yield
− Property tax $1,988− Insurance $1,400− Vacancy & upkeep $3,506Net operating income $24,979

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE FLOWER CITY REALTY. MLS®/PropTx.

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