290 Kingscross Drive, King, ON

King City, King · MLS® N13173718

$4,488,000
For Sale
Listed 52 days ago
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4Bedrooms
5Bathrooms
25Garage · 125 parking
3500-5000Sq Ft

About this home

Welcome To Your Very Own Private Oasis In The Trees. This Uniquely Designed Bungalow Is Nestled Perfectly At The Top Of A Hill Surrounded By Just Under 4 Acres Of Your Own Personal Forest. The Grounds Of This Property Are Professionally Landscaped & Manicured To Maintain A Fairy Tale Like Setting Where You Can Enjoy Your Own Personal Pond, Tree Lined Driveway, Walking Path In The Forest, Out Door Concrete Pool, Pool Deck With Outdoor Bathroom, Outdoor Shower, & Out Door Kitchen, Jaw Dropping Vegetable Garden & Fruit Trees, Detached Garage Garden Shed And Much Much More. The Interior Of This Home Is Recently Renovated Entirely And Tastefully Finished By An Interior Designer. Approx 7000 Sqft Of Living Space Comes Equipped With 3+1 Bedrooms, 6 Bathrooms Total, 2 Full Kitchens, A Walk Out Basement, Indoor Sauna, Steam Room, & Much More. A Must See!

Key facts

Property type
Detached, Bungalow
MLS®
N13173718
Bedrooms
4 (3 + 1)
Bathrooms
5 (1 half)
Size
3500-5000
Lot
251.49 × 428.56 ft
Cross streets
Jane St & King Rd
Parking
25 garage · 125 parking (attached)
Driveway
Private
Basement
Finished with Walk-Out, Apartment
Kitchens
3 (2 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Stucco (Plaster)
Foundation
Unknown
Roof
Unknown
Sewer
Septic
Pool
Inground
Property tax
$18,068 / 2026
Days on market
52
Listing brokerage
SALERNO REALTY INC.

Rooms

Primary BedroomMain5.17 × 7.70 m

hardwood floor · walk-in closet(s) · juliette balcony

Bedroom 4Lower3.95 × 4.22 m

large window · ensuite bath · large closet

Dining RoomMain11.62 × 6.88 m

large window · combined w/kitchen · hardwood floor

Family RoomMain3.70 × 5.40 m

hardwood floor · large window

KitchenMain11.62 × 6.88 m

hardwood floor · combined w/dining

Bedroom 2Main4.06 × 3.68 m

hardwood floor · balcony · walk-in closet(s)

Bedroom 3Main4.81 × 4.47 m

hardwood floor · large window · walk-in closet(s)

Great RoomLower9.05 × 6.70 m

w/o to yard · family size kitchen · large window

Mud RoomLower5.22 × 5.00 m

W/O To Garage

OfficeMain4.81 × 4.61 m

Hardwood Floor

PlayLower11.71 × 7.42 m
Moe’s TakeTeam Asgarian · Broker
Below the wider set
$5.26Mest. value

Listed at $4,488,000, this home is tracking about 15% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

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 $4.42M, 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 $3.95M
  • Size difference −$920K
  • Bedrooms −$30K
  • Bathrooms −$30K
  • Adjusts to $2.97M

That comparable adjusts to $2.97M; the $5.26M 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.

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

On location, this is a more car-dependent spot, so buyers here typically drive. Keele St / King Rd is about a 23-minute walk away. Worth weighing if transit access matters to you.

List price
$4.49MGreat deal$5.34MOverpriced

Total price vs nearby homes. Fair value about $5.26M, 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.

  • Walk-out basement: natural light and strong in-law or income potential.
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Income potential
  • Value driver
  • Weigh carefully
Comparable listingsCurrently listed nearby in King City · asking prices
$3.42Mavg asking

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

80 Chuck Ormsby Crescent$3.39M150 ELMERS Lane$3.28M32 Hogan Court$3.59M52 Bud Willmot Way$2.85M61 Ria Court$4.00M

The 5 closest of 8 active listings nearby.

See all comparable homes
4.49MThis home3.39M3.28M3.59M2.85M4.00MThis home vs active comparables
Live market pulseActive comparables in King City · median list $2.60M
$1,056this home / sqft
7active listings nearby
52days on market

This home lists 32% below the area average of $1,546/sqft.

31 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

5/ 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: Keele St / King Rd, about 1.9 km away

4 parks

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

Affordability & Mortgage

Affordability
$20,455/mo
$827KIncome needed
5.4×Price ÷ income
$4,720Weekly 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 $20,455Property tax $1,506Total carry $21,960

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)
$19,160per month

Mortgage amount $3,590,400 · 4.14% over 25 years

$897,600Down payment (20.0%)
$3,590,400Loan before insurance
$0CMHC premium
$20,665Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$19,160
Property tax
$1,506
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$20,665

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

One-time closing costs

Ontario land transfer tax
$98,675
Estimated closing costs
$98,675

Plus your down payment of $897,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$23,271/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

$2,157,512Total interest paid
$5,747,912Total of all payments
Principal $3,590,400 Interest $2,157,512
YearPrincipalInterestBalance
1$84,111$145,806$3,506,289
2$87,629$142,288$3,418,660
3$91,294$138,622$3,327,366
4$95,113$134,803$3,232,253
5$99,091$130,825$3,133,162
6$103,236$126,680$3,029,925
7$107,554$122,362$2,922,371
8$112,053$117,863$2,810,318
9$116,740$113,176$2,693,577
10$121,623$108,293$2,571,954
11$126,711$103,206$2,445,243
12$132,011$97,906$2,313,232
13$137,533$92,384$2,175,700
14$143,285$86,631$2,032,414
15$149,279$80,638$1,883,135
16$155,523$74,393$1,727,612
17$162,028$67,888$1,565,584
18$168,806$61,111$1,396,778
19$175,867$54,050$1,220,912
20$183,223$46,694$1,037,689
21$190,887$39,030$846,802
22$198,871$31,045$647,931
23$207,190$22,727$440,741
24$215,856$14,060$224,885
25$224,885$5,031$0

At the end of your 5-year term

Total paid over the term
$1,149,582
Principal paid down
$457,238
Interest paid
$692,344
Balance remaining
$3,133,162

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
1.3%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.

2.0%
Gross yield
− Property tax $18,068− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $59,030

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

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