12975 Mill Road, King, ON
Rural King, King · MLS® N13059964
About this home
A statement in craftsmanship and design, this custom-built residence spans approximately 8,660 square feet above grade and offers an exceptional sense of scale paired with refined, curated finishes throughout. Featuring 5+2 bedrooms, with ensuites and custom built-in closets, the home delivers both privacy and consistency in design. At the centre, a beautifully appointed chef's kitchen is outfitted with top-of-the-line Wolf and Sub-Zero appliances, seamlessly connecting to the surrounding principal spaces. A fully integrated Control4 smart system allows for effortless control of lighting, climate, and media across the home. On the main level, a striking wine display serves as a design focal point, while the indoor pool introduces a rare, resort-style element, offering year-round enjoyment. The lower level is thoughtfully finished with a private movie theatre and a home gym, creating additional space tailored for comfort and recreation. The primary suite is a true retreat, complete with a spa-inspired ensuite and separate his-and-hers walk-in closets, both finished with custom built-ins. Every element of this home reflects a high level of care, from the quality of construction to the cohesion in design, an impressive and well-executed offering from start to finish.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13059964
- Bedrooms
- 7 (5 + 2)
- Bathrooms
- 8 (1 half)
- Size
- 5,000 sq ft
- Lot
- 239.48 × 221.8 ft
- Cross streets
- King & Mill rD
- Parking
- 3 garage · 11 parking (built-in)
- Basement
- Separate Entrance, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Septic
- Pool
- Indoor
- Property tax
- $22,730 / 2025
- Days on market
- 79
- Listing brokerage
- THE AGENCY
Rooms
hardwood floor · large window · pot lights
large window · open concept
hardwood floor · walk-in closet(s) · 3 pc ensuite
4 pc ensuite · walk-in closet(s) · large window
3 pc ensuite · walk-in closet(s) · window
hardwood floor · walk-in closet(s) · 3 pc ensuite
large window · open concept · 2 pc bath
hardwood floor · 5 pc ensuite · his and hers closets
centre island · pantry · large window
hardwood floor · walk-in closet(s) · 3 pc ensuite
open concept · hardwood floor · pot lights
hardwood floor · fireplace · pot lights
Large Window
hardwood floor · fireplace · pot lights
Listed at $5,488,800, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.
Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $6.55M, a close match. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
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 $4.00M
- Bedrooms +$30K
- Bathrooms +$15K
- Adjusts to $4.04M
That comparable adjusts to $4.04M; the $5.96M estimate above is the median of all 6 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.
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. Islington Av / Bell Crt is about a 89-minute walk away. Worth weighing if transit access matters to you.
Total price vs nearby homes. Fair value about $5.96M, median of 6 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.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Value driver
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 30% below the area average of $1,560/sqft.
58 days longer than the King average (21 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Rural King, King, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: Islington Av / Bell Crt, about 7.1 km 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 $4,391,040 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $23,432
- Property tax
- $1,894
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $25,326
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $123,695
- Estimated closing costs
- $123,695
Plus your down payment of $1,097,760. 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
- $1,405,933
- Principal paid down
- $559,200
- Interest paid
- $846,733
- Balance remaining
- $3,831,840
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
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 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 THE AGENCY. MLS®/PropTx.