Lot 9N-19 Heart Lake Circle, King, ON

King City, King · MLS® N13146416

$2,449,990
For Sale
Listed 125 days agoNo offer date statedSitting longer than typical
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4Bedrooms
5Bathrooms
2Garage · 4 parking
5,000Sq ft

About this home

In short

  • Brand New Luxury Detached Home - Oxford Model (Elevation C) In The Prestigious Kings Calling Community In King City.
  • Offering Approximately 5,000+ Sq Ft Of Elegant Living Space, This Home Features 4 Spacious Bedrooms And 4.5 Bathrooms, Designed With A Functional And Sophisticated...
  • Enjoy A Bright Open-Concept Main Floor With Large Principal Rooms, A Gourmet Kitchen Perfect For Entertaining, And High-End Finishes Throughout.
  • The Primary Suite Offers A Spa- Inspired Ensuite And Walk-In Closet.
  • Situated On A Beautiful Lot In A Prime Location Close To Top Schools, Parks, Transit, And All Amenities.

Brand New Luxury Detached Home - Oxford Model (Elevation C) In The Prestigious Kings Calling Community In King City. Offering Approximately 5,000+ Sq Ft Of Elegant Living Space, This Home Features 4 Spacious Bedrooms And 4.5 Bathrooms, Designed With A Functional And Sophisticated Layout. Enjoy A Bright Open-Concept Main Floor With Large Principal Rooms, A Gourmet Kitchen Perfect For Entertaining, And High-End Finishes Throughout. The Primary Suite Offers A Spa- Inspired Ensuite And Walk-In Closet. Premium Appliance Package Included. Situated On A Beautiful Lot In A Prime Location Close To Top Schools, Parks, Transit, And All Amenities. A Rare Opportunity To Own A Move-In Ready Luxury Home In One Of King City's Most Sought-After Communities.

Key facts

Property type
Detached, 2-Storey
MLS®
N13146416
Bedrooms
4
Bathrooms
5 (1 half)
Size
5,000 sq ft
Lot
58 × 119 ft
Cross streets
Dufferin Street & 15th Side Road
Parking
2 garage · 4 parking (built-in)
Driveway
Private Double
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Days on market
125
Listing brokerage
INTERCITY REALTY INC.

Rooms

Bedroom 3Second5.79 × 5.36 m

hardwood floor · walk-in closet(s) · 5 pc ensuite

KitchenMain6.88 × 3.05 m

tile floor · centre island · window

LaundrySecond0.00 × 0.00 m
Primary BedroomSecond5.91 × 5.48 m

5 pc ensuite · 2 way fireplace · walk-in closet(s)

Bedroom 2Second4.15 × 4.26 m

walk-in closet(s) · window · 4 pc ensuite

OfficeMain3.65 × 3.05 m

hardwood floor · window

BreakfastMain6.27 × 3.35 m

tile floor · french doors · large window

Dining RoomMain4.60 × 4.57 m

hardwood floor · window

Great RoomMain4.90 × 6.40 m

fireplace · hardwood floor · window

Living RoomMain3.56 × 4.26 m

hardwood floor · window

Bedroom 4Second4.26 × 4.26 m

hardwood floor · 3 pc ensuite · walk-in closet(s)

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 King City (3,500 sq ft and up) have sold between $1.85M and $13.45M over the last two years (55 sales).

Considering this property? Request a written price read

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

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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Rural King
$3.04M
Pottageville
$2.36M
Nobleton
$1.96M
Schomberg
$1.59M

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 · 1.9 km awayAbove the GTA average · 75% meet the provincial standard

Affordability & Mortgage

Affordability
$11,166/mo
$480KIncome needed
5.1×Price ÷ income
$2,577Weekly cost
$47,725Land 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.

88%mortgage
Mortgage $11,166Property tax $1,531Total carry $12,697

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.

4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$10,728per month

Mortgage amount $1,959,992 · 4.39% over 25 years

$489,998Down payment (20.0%)
$1,959,992Loan before insurance
$0CMHC premium
$12,260Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10,728
Property tax
$1,531
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12,260

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

One-time closing costs

Ontario land transfer tax
$47,725
Estimated closing costs
$47,725

Plus your down payment of $489,998. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$12,998/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

$1,258,555Total interest paid
$3,218,547Total of all payments
Principal $1,959,992 Interest $1,258,555
YearPrincipalInterestBalance
1$44,352$84,390$1,915,640
2$46,321$82,421$1,869,319
3$48,376$80,365$1,820,943
4$50,523$78,218$1,770,419
5$52,766$75,976$1,717,653
6$55,108$73,634$1,662,546
7$57,553$71,188$1,604,992
8$60,108$68,634$1,544,885
9$62,775$65,966$1,482,109
10$65,561$63,180$1,416,548
11$68,471$60,271$1,348,077
12$71,510$57,232$1,276,566
13$74,684$54,058$1,201,883
14$77,998$50,743$1,123,884
15$81,460$47,282$1,042,424
16$85,076$43,666$957,348
17$88,851$39,891$868,497
18$92,795$35,947$775,702
19$96,913$31,829$678,789
20$101,214$27,528$577,575
21$105,706$23,036$471,869
22$110,398$18,344$361,471
23$115,297$13,444$246,173
24$120,415$8,327$125,759
25$125,759$2,983$0

At the end of your 5-year term

Total paid over the term
$643,709
Principal paid down
$242,339
Interest paid
$401,371
Balance remaining
$1,717,653

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 18 whole-home leases in King City$7,359/mo
$88,308Gross annual rent
2.5%Cap rate after taxes and upkeep
$6,772 to $8,121Typical rent range
~31 daysTo find a tenant, on average

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 18 whole-home leases in King City signed at a median of $6,942 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $7,359. 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.

3.6%
Gross yield
− Property tax $17,150− Insurance $1,400− Vacancy & upkeep $9,714Net operating income $60,044

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

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