12 Prince Adam Court, King, ON

Rural King, King · MLS® N13048010

$2,850,000
For Sale
Listed 175 days agoNo offer date statedSitting longer than typical
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6+3Bedrooms
7Bathrooms
3Garage
5,000Sq ft

About this home

In short

  • 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....
  • A Striking Grand Entrance Sets the Tone for the Elegance within, Showcasing Soaring Waffle Ceilings, Intricate Suspended Ceiling Designs, and Expansive Principal...
  • Designed for Both Functionality and Luxury, this Residence Offers a 3-car garage, Abundant Storage, and a Beautifully Renovated Finished Walk-Out Basement that...
  • Surrounded by Mature Grand Exclusive Homes, The Property Offers Unmatched Privacy While Remaining Close to King City's Finest Schools, Parks, Trails, and Amenities.

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
6+3 (9 total)
Bathrooms
7 (1 half)
Size
5,000 sq ft
Lot
153.01 × 270.66 ft
Cross streets
Weston Rd & King Rd
Parking
3 garage (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
175
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

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 (28 sales).

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby · asking prices
$3.53Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $3.77M, which is where my estimate comes from.

Per square foot, these ask about $783/sqft; this home lists at $570/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
2.85MThis home2.98M3.80M3.70M4.00M3.19MThis home vs active comparables

Sold price trend

Median sold price for detached homes in King: $1.81M in September 2026, down 10% from a year ago, on 183 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$2.20M17
November 2025$2.25M22
December 2025$1.90M12
January 2026$1.82M9
February 2026$2.26M8
March 2026$1.91M16
April 2026$1.60M14
May 2026$1.80M21
June 2026$2.57M15
July 2026$2.00M15
August 2026$1.83M17
September 2026$1.81M17

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.

King City
$2.85M
Nobleton
$2.28M
Pottageville
$1.69M
Schomberg
$2.30M

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
$12,989/mo
$548KIncome needed
5.2×Price ÷ income
$2,998Weekly cost
$57,725Land 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.

90%mortgage
Mortgage $12,989Property tax $1,520Total carry $14,509

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)
$12,607per month

Mortgage amount $2,280,000 · 4.49% over 25 years

$570,000Down payment (20.0%)
$2,280,000Loan before insurance
$0CMHC premium
$14,127Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$12,607
Property tax
$1,520
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$14,127

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

One-time closing costs

Ontario land transfer tax
$57,725
Estimated closing costs
$57,725

Plus your down payment of $570,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$15,258/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

$1,501,953Total interest paid
$3,781,953Total of all payments
Principal $2,280,000 Interest $1,501,953
YearPrincipalInterestBalance
1$50,880$100,398$2,229,120
2$53,190$98,088$2,175,930
3$55,605$95,673$2,120,325
4$58,130$93,148$2,062,195
5$60,769$90,509$2,001,426
6$63,528$87,750$1,937,898
7$66,413$84,865$1,871,485
8$69,428$81,850$1,802,057
9$72,580$78,698$1,729,477
10$75,876$75,402$1,653,601
11$79,321$71,957$1,574,280
12$82,922$68,356$1,491,357
13$86,687$64,591$1,404,670
14$90,623$60,655$1,314,047
15$94,738$56,540$1,219,309
16$99,040$52,239$1,120,269
17$103,536$47,742$1,016,733
18$108,237$43,041$908,495
19$113,152$38,126$795,344
20$118,289$32,989$677,054
21$123,660$27,618$553,394
22$129,275$22,003$424,120
23$135,144$16,134$288,975
24$141,280$9,998$147,695
25$147,695$3,583$0

At the end of your 5-year term

Total paid over the term
$756,391
Principal paid down
$278,574
Interest paid
$477,817
Balance remaining
$2,001,426

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 21 whole-home leases in Rural King$5,244/mo
$62,928Gross annual rent
1.3%Cap rate after taxes and upkeep
$4,526 to $6,452Typical rent range

About the suite: in Rural King basements rarely rent out (2 of 35 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.

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 21 whole-home leases in Rural King signed at a median of $3,570 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,244. 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.

2.2%
Gross yield
− Property tax $18,242− Insurance $1,400− Vacancy & upkeep $6,922Net operating income $36,364

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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