12 Prince Adam Court, King, ON

Rural King, King · MLS® N13048010

$2,990,000
For Sale
Listed 81 days ago
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9Bedrooms
7Bathrooms
3Garage · 17 parking
5,000Sq Ft

About this home

Welcome To One of King City's Most Distinguished Residences, a Rare Custom Built Luxury Bungaloft Estate Home offering 6+3 bedrooms, 8 bathrooms, and over 7,000 sq. t. of Luxurious Living Space On a Private One-Acre Lot in a Quiet Cul-De-Sac. A Striking Grand Entrance Sets the Tone for the Elegance within, Showcasing Soaring Waffle Ceilings, Intricate Suspended Ceiling Designs, and Expansive Principal Rooms Filled with Natural Light. The Main Floor Features a Grand Living Area Complete with a Gas Fireplace, Creating a Warm and Inviting Atmosphere Perfect for Both Everyday Living and Sophisticated Entertaining. The Loft Overlooks the Main Floor, Adding Architectural Drama and a Sense of Openness Throughout the Home.Designed for Both Functionality and Luxury, this Residence Offers a 3-car garage, Abundant Storage, and a Beautifully Renovated Finished Walk-Out Basement that Extends the Living Space with Endless Possibilities for Leisure, Recreation, or Multi-Generational living. The Outdoor Areas are Equally Impressive, Providing Exceptional Entertaining Potential with Ample Space to Design Patios, Lounge Areas, or Gardens within the Lush and Private One-Acre Setting. Every Detail has been Carefully Considered to Reflect Quality Craftsmanship and Timeless Design,Blending Modern Comfort with the Prestige of True Estate Living. Surrounded by Mature Grand Exclusive Homes, The Property Offers Unmatched Privacy While Remaining Close to King City's Finest Schools, Parks, Trails, and Amenities. This Rare Offering Represents More Than Just a Home, it is Estate living at its Finest in One of the GTAs most Prestigious Communities.

Key facts

Property type
Detached, Bungaloft
MLS®
N13048010
Bedrooms
9 (6 + 3)
Bathrooms
7 (1 half)
Size
5,000 sq ft
Lot
153.01 × 270.66 ft
Cross streets
Weston Rd & King Rd
Parking
3 garage · 17 parking (attached)
Driveway
Private
Basement
Finished, Walk-Out
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Stone
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Septic
Property tax
$18,242 / 2025
Days on market
81
Listing brokerage
CENTURY 21 HERITAGE GROUP LTD.

Rooms

KitchenMain4.70 × 4.46 m

limestone flooring · pot lights · centre island

Dining RoomMain4.20 × 4.13 m

hardwood floor · pot lights · combined w/living

Living RoomMain4.43 × 4.09 m

hardwood floor · pot lights · combined w/dining

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. 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.

The assigned public school is King City SS. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a more car-dependent spot, so buyers here typically drive. King City is about a 50-minute walk away. Worth weighing if transit access matters to you.

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.

  • Walk-out basement: natural light and strong in-law or income potential.
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Income potential
  • Value driver
  • Worth verifying
Comparable listingsCurrently listed nearby in Rural King · asking prices
$3.00Mavg asking

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

16455 11th Concession$3.00M

The 1 closest active listing nearby.

See all comparable homes
2.99MThis home3.00MThis home vs active comparables
Live market pulseActive comparables in Rural King · median list $7.99M
$598this home / sqft
6active listings nearby
81days on market

60 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

6/ 100

Car-DependentA 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.

Almost all errands require a car.

🚉 Nearest transit: King City, about 4.0 km away

1 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
Nobleton
$2.20M
Pottageville
$2.16M
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 Nobleton PS
57%
Nobleton PSPublic · Elementary · JK-8 · 7.1 km awayBelow the GTA average · 57% meet the provincial standard

Affordability & Mortgage

Affordability
$13,627/mo
$572KIncome needed
5.2×Price ÷ income
$3,145Weekly 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.

90%mortgage
Mortgage $13,627Property tax $1,520Total carry $15,148

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)
$12,765per month

Mortgage amount $2,392,000 · 4.14% over 25 years

$598,000Down payment (20.0%)
$2,392,000Loan before insurance
$0CMHC premium
$14,285Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$12,765
Property tax
$1,520
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$14,285

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

One-time closing costs

Ontario land transfer tax
$61,225
Estimated closing costs
$61,225

Plus your down payment of $598,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$15,504/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

$1,437,380Total interest paid
$3,829,380Total of all payments
Principal $2,392,000 Interest $1,437,380
YearPrincipalInterestBalance
1$56,036$97,139$2,335,964
2$58,380$94,795$2,277,583
3$60,822$92,353$2,216,761
4$63,366$89,809$2,153,395
5$66,017$87,158$2,087,378
6$68,778$84,397$2,018,600
7$71,655$81,520$1,946,945
8$74,652$78,523$1,872,293
9$77,775$75,400$1,794,518
10$81,028$72,147$1,713,490
11$84,417$68,758$1,629,072
12$87,948$65,227$1,541,124
13$91,627$61,548$1,449,497
14$95,460$57,715$1,354,037
15$99,453$53,722$1,254,584
16$103,613$49,563$1,150,972
17$107,947$45,229$1,043,025
18$112,462$40,713$930,563
19$117,166$36,009$813,397
20$122,067$31,108$691,330
21$127,173$26,002$564,157
22$132,492$20,683$431,665
23$138,034$15,141$293,631
24$143,808$9,367$149,823
25$149,823$3,352$0

At the end of your 5-year term

Total paid over the term
$765,876
Principal paid down
$304,622
Interest paid
$461,254
Balance remaining
$2,087,378

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$10,500/mo
$126,000Gross annual rent
3.1%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.

4.2%
Gross yield
− Property tax $18,242− Insurance $1,400− Vacancy & upkeep $13,860Net operating income $92,498

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 HERITAGE GROUP LTD.. MLS®/PropTx.

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