23 Macmurchy Avenue, King, ON

Nobleton, King · MLS® N13069712

$2,678,000
For Sale
Listed 77 days ago
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5Bedrooms
5Bathrooms
3Garage · 9 parking
3500-5000Sq Ft

About this home

This exquisite estate is set at the end of a private cul-de-sac backing onto green space, with a 75' south-facing lot across from a forested walking trail. A grand two-storey foyer leads into the main floor featuring 10' ceilings throughout. The layout includes a unique, main floor office with 13' ceilings, offering exceptional privacy for work or creative use. The chef's kitchen is equipped with a 72" Sub-Zero refrigeration system, quartz countertops, and custom cabinetry, opening to the dining area, breakfast space, and family room with fireplace. A covered porch overlooks the south-facing backyard with skyline views. Upstairs, all four bedrooms feature private ensuites and custom closets. The primary suite offers a spa-inspired bathroom with oversized shower, sitting area, and fireplace. The basement includes a red cedar sauna, gym, wine cellar, and recreation space, with rough-ins for future expansion. The backyard is complete with a custom porch and jacuzzi, ideal for entertaining.

Key facts

Property type
Detached, 2-Storey
MLS®
N13069712
Bedrooms
5 (4 + 1)
Bathrooms
5 (1 half)
Size
3500-5000
Lot
75.23 × 102.89 ft
Cross streets
Hwy 27 / King Rd
Parking
3 garage · 9 parking (built-in)
Driveway
Private
Basement
Partially Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$11,236 / 2025
Days on market
77
Listing brokerage
HOMELIFE PARTNERS REALTY CORP.

Rooms

DenSecond3.66 × 3.66 m

separate room · window

Family RoomMain6.40 × 5.48 m

fireplace · coffered ceiling(s) · overlooks backyard

Dining RoomMain4.88 × 3.96 m

crown moulding · french doors · w/o to porch

BreakfastMain4.88 × 4.75 m

overlooks backyard · french doors · w/o to porch

OtherBasement3.35 × 2.59 m

Sauna

Primary BedroomSecond5.48 × 5.23 m

electric fireplace · his and hers closets · 5 pc ensuite

Living RoomMain4.27 × 3.66 m

crown moulding · large window · laminate

Bedroom 4Second4.27 × 3.35 m

walk-in closet(s) · window · 3 pc ensuite

RecreationBasement15.24 × 9.14 m

laminate · mirrored walls · pot lights

Bedroom 2Second5.05 × 3.66 m

walk-in closet(s) · window · 3 pc ensuite

OfficeMain4.39 × 4.27 m

crown moulding · window floor to ceiling · french doors

KitchenMain6.17 × 3.45 m

eat-in kitchen · centre island · b/i appliances

Bedroom 3Second4.34 × 3.50 m

double closet · window · 3 pc ensuite

Moe’s TakeTeam Asgarian · Broker
Above comparables
$2.27Mest. value

Listed at $2,678,000, this home is about 18% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 15 similar homes nearby, adjusted for size, beds, and baths.Median of 15 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.50M, 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 $2.58M
  • Bedrooms +$30K
  • Adjusts to $2.61M

That comparable adjusts to $2.61M; the $2.27M estimate above is the median of all 15 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. Regional Rd. 50 @ George Bolton Pkwy. is about a 66-minute walk away. Worth weighing if transit access matters to you.

List price
$2.04MGreat deal$2.68MOverpriced

Total price vs nearby homes. Fair value about $2.27M, median of 15 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.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Value driver
  • Worth verifying
Comparable listingsCurrently listed nearby in Nobleton · asking prices
$2.35Mavg asking

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

32 West Coast Trail$1.87M24 Bluff Trail$2.70M14 Aspen King Court$2.60M17 Chamberlain Court$2.25M

The 4 closest active listings nearby.

See all comparable homes
2.68MThis home1.87M2.70M2.60M2.25MThis home vs active comparables
Live market pulseActive comparables in Nobleton · median list $2.29M
$630this home / sqft
19active listings nearby
77days on market

This home lists 7% above the area average of $591/sqft.

56 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

Nobleton, 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

19/ 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: Regional Rd. 50 @ George Bolton Pkwy., about 5.3 km away

7 dining3 parks1 pharmacies

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
Pottageville
$2.16M
Schomberg
$1.23M
Rural King
$2.51M

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 · 1.9 km awayBelow the GTA average · 57% meet the provincial standard

Affordability & Mortgage

Affordability
$12,205/mo
$497KIncome needed
5.4×Price ÷ income
$2,817Weekly 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.

93%mortgage
Mortgage $12,205Property tax $936Total carry $13,142

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)
$11,433per month

Mortgage amount $2,142,400 · 4.14% over 25 years

$535,600Down payment (20.0%)
$2,142,400Loan before insurance
$0CMHC premium
$12,369Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11,433
Property tax
$936
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12,369

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

One-time closing costs

Ontario land transfer tax
$53,425
Estimated closing costs
$53,425

Plus your down payment of $535,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$13,886/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

$1,287,392Total interest paid
$3,429,792Total of all payments
Principal $2,142,400 Interest $1,287,392
YearPrincipalInterestBalance
1$50,189$87,003$2,092,211
2$52,288$84,903$2,039,923
3$54,476$82,716$1,985,447
4$56,754$80,438$1,928,693
5$59,128$78,064$1,869,565
6$61,601$75,590$1,807,964
7$64,178$73,014$1,743,786
8$66,862$70,329$1,676,923
9$69,659$67,532$1,607,264
10$72,573$64,619$1,534,691
11$75,609$61,583$1,459,082
12$78,771$58,421$1,380,311
13$82,066$55,126$1,298,245
14$85,499$51,693$1,212,746
15$89,075$48,117$1,123,671
16$92,801$44,391$1,030,870
17$96,683$40,509$934,188
18$100,727$36,465$833,461
19$104,940$32,252$728,521
20$109,329$27,862$619,191
21$113,903$23,289$505,289
22$118,667$18,525$386,622
23$123,631$13,561$262,991
24$128,802$8,390$134,189
25$134,189$3,002$0

At the end of your 5-year term

Total paid over the term
$685,958
Principal paid down
$272,835
Interest paid
$413,123
Balance remaining
$1,869,565

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$7,350/mo
$88,200Gross annual rent
2.5%Est. cap rate

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.

3.3%
Gross yield
− Property tax $11,236− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $65,862

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE PARTNERS REALTY CORP.. MLS®/PropTx.

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