61 Ria Court, King, ON

King City, King · MLS® N13122652

$3,998,000
For Sale
Listed 65 days ago
4Bedrooms
6Bathrooms
2Garage · 6 parking
3500-5000Sq Ft

About this home

Set on a quiet court in prestigious King City, this extraordinary custom-built residence showcases exceptional craftsmanship, premium finishes, and thoughtfully designed living spaces throughout. Designed for both everyday family living and large-scale entertaining, the home features soaring 10-13 ft tray ceilings, rich hardwood flooring, designer lighting, crown moulding, updated stair railings, and built-in speakers throughout. A private courtyard off the main hallway creates a striking architectural feature while bringing natural light into the centre of the home. The custom kitchen is equipped with premium Sub-Zero, Wolf, and Asko appliances, porcelain countertops, extensive cabinetry, and a quartz centre island designed for both prep space and entertaining. Just off the kitchen, a covered patio with glass railings and built-in heaters offers the perfect space for outdoor dining and summer evenings. Four gas fireplaces add warmth throughout the home. The primary suite features a custom walk-in closet seamlessly connected to the spa-inspired ensuite complete with a Kohler Numi smart toilet. The fully finished lower level includes a second kitchen with premium Miele appliances, an additional laundry area, a dedicated playroom and heated floors. Outside, the resort-style backyard is centred around a saltwater sport pool complete with an outdoor kitchen featuring a built-in BBQ and beverage centre. Additional features include a heated garage, snow melt system on the driveway, stairs, and walkways, creating year-round comfort and convenience. Located in one of King City's most sought-after neighbourhoods, this exceptional residence offers luxury, functionality, and attention to detail at every turn.

Key facts

Property type
Detached, 2-Storey
MLS®
N13122652
Bedrooms
4
Bathrooms
6 (2 half)
Size
3500-5000
Lot
38.02 × 190.44 ft
Cross streets
Dufferin St and King Rd
Parking
2 garage · 6 parking (attached)
Driveway
Private
Basement
Finished with Walk-Out
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Stone
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground, Salt
Property tax
$12,652 / 2025
Days on market
65
Listing brokerage
KELLER WILLIAMS REFERRED URBAN REALTY

Rooms

RecreationBasement7.34 × 5.46 m

marble fireplace · open concept

PlayBasement2.64 × 2.77 m

broadloom · double doors

Dining RoomMain5.84 × 3.68 m

separate room · pot lights · hardwood floor

Living RoomMain6.20 × 6.07 m

marble fireplace · coffered ceiling(s) · pot lights

Bedroom 2Second5.79 × 4.55 m

4 pc ensuite · walk-in closet(s) · overlooks frontyard

Bedroom 3Second3.94 × 6.43 m

3 pc ensuite · large closet · hardwood floor

KitchenBasement4.80 × 4.80 m

b/i appliances · w/o to yard · pot lights

OfficeMain1.85 × 2.62 m

w/o to yard · hardwood floor · hardwood floor

Primary BedroomSecond5.03 × 5.46 m

5 pc ensuite · walk-in closet(s) · fireplace

BreakfastMain2.67 × 5.36 m

combined w/kitchen · open concept · window floor to ceiling

Cold Room/CantinaBasement3.94 × 4.42 m

Glass Doors

Family RoomMain4.42 × 4.80 m

marble fireplace · large window · overlooks backyard

KitchenMain3.15 × 5.99 m

b/i appliances · centre island · pantry

Bedroom 4Second3.76 × 4.85 m

2 pc ensuite · wet bar · double doors

SittingMain3.89 × 3.81 m

overlooks frontyard · hardwood floor · large window

Moe’s TakeTeam Asgarian · Broker
Above comparables
$2.99Mest. value

Listed at $3,998,000, this home is about 34% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.63M, a bit lower.

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 $3.39M
  • Bathrooms +$15K
  • Adjusts to $3.40M

That comparable adjusts to $3.40M; the $2.99M estimate above is the median of all 7 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.

Its public catchment (King City PS) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. King Rd / Spring Hill Dr is about a 9-minute walk away.

List price
$2.87MGreat deal$4.00MOverpriced

Total price vs nearby homes. Fair value about $2.99M, median of 7 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.
  • Heated floors: comfort and a premium-finish signal.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Primary suite: a key comfort and resale feature.
  • Value driver
  • Lifestyle
  • Weigh carefully
  • Worth verifying
Comparable listingsCurrently listed nearby in King City · asking prices
$3.19Mavg asking

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

3 Burton Grove$2.99M10 Sim Hill Crescent$2.70M80 Chuck Ormsby Crescent$3.39M150 ELMERS Lane$3.28M32 Hogan Court$3.59M

The 5 closest of 7 active listings nearby.

See all comparable homes
4.00MThis home2.99M2.70M3.39M3.28M3.59MThis home vs active comparables
Live market pulseActive comparables in King City · median list $2.99M
$941this home / sqft
17active listings nearby
65days on market

This home lists 24% above the area average of $757/sqft.

44 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

King City, 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

45/ 100

Somewhat WalkableA 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.

Some errands on foot, but most trips need a car.

🚉 Nearest transit: King Rd / Spring Hill Dr, about 701 m away

12 transit stops15 dining4 parks3 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.

Rural King
$2.51M
Pottageville
$2.16M
Nobleton
$2.20M
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 King City PS
75%
King City PSPublic · Elementary · JK-8 · 1.1 km awayAbove the GTA average · 75% meet the provincial standard

Affordability & Mortgage

Affordability
$18,222/mo
$727KIncome needed
5.5×Price ÷ income
$4,205Weekly 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.

95%mortgage
Mortgage $18,222Property tax $1,054Total carry $19,276

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)
$17,068per month

Mortgage amount $3,198,400 · 4.14% over 25 years

$799,600Down payment (20.0%)
$3,198,400Loan before insurance
$0CMHC premium
$18,122Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$17,068
Property tax
$1,054
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$18,122

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

One-time closing costs

Ontario land transfer tax
$86,425
Estimated closing costs
$86,425

Plus your down payment of $799,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$20,730/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

$1,921,955Total interest paid
$5,120,355Total of all payments
Principal $3,198,400 Interest $1,921,955
YearPrincipalInterestBalance
1$74,927$129,887$3,123,473
2$78,062$126,753$3,045,411
3$81,327$123,487$2,964,084
4$84,729$120,086$2,879,356
5$88,273$116,542$2,791,083
6$91,965$112,849$2,699,118
7$95,812$109,003$2,603,306
8$99,819$104,995$2,503,487
9$103,995$100,820$2,399,492
10$108,345$96,470$2,291,148
11$112,876$91,938$2,178,271
12$117,598$87,216$2,060,673
13$122,517$82,297$1,938,157
14$127,642$77,173$1,810,515
15$132,981$71,834$1,677,534
16$138,543$66,271$1,538,991
17$144,338$60,476$1,394,653
18$150,375$54,439$1,244,278
19$156,665$48,149$1,087,613
20$163,219$41,596$924,394
21$170,046$34,768$754,348
22$177,158$27,656$577,190
23$184,569$20,245$392,621
24$192,289$12,525$200,332
25$200,332$4,482$0

At the end of your 5-year term

Total paid over the term
$1,024,071
Principal paid down
$407,317
Interest paid
$616,754
Balance remaining
$2,791,083

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
1.6%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.

2.2%
Gross yield
− Property tax $12,652− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $64,446

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KELLER WILLIAMS REFERRED URBAN REALTY. MLS®/PropTx.

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