12768 Weston Road, King, ON

Rural King, King · MLS® N13190484

$1,799,999
For Sale
Listed 141 days agoNo offer date statedSitting longer than typical
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3Bedrooms
2Bathrooms
6Parking
2000-2500Sq ft

About this home

In short

  • A rare chance to own a turnkey ravine property in the prestigious and highly sought-after Hamlet of Laskay.
  • Set on a premium 147x165 ft lot surrounded by mature trees and nature, this unique King City offering provides exceptional privacy, over half an acre of land, and...
  • Featuring an open, functional layout ideal for entertaining, the home showcases white oak hardwood flooring throughout and multiple skylights that fill the space with...
  • Southern exposure runs along the side of the home, highlighting the outdoor patio and kitchen skylights while offering stunning western sunset views over the ravine.
  • Enjoy being just a short walk to Laskay Park and close to excellent nearby schools including Villanova College and The Country Day School.

A rare chance to own a turnkey ravine property in the prestigious and highly sought-after Hamlet of Laskay. Set on a premium 147x165 ft lot surrounded by mature trees and nature, this unique King City offering provides exceptional privacy, over half an acre of land, and incredible long-term potential, including the possibility to explore severance into two lots (buyer to conduct own due diligence). Featuring an open, functional layout ideal for entertaining, the home showcases white oak hardwood flooring throughout and multiple skylights that fill the space with natural light. Southern exposure runs along the side of the home, highlighting the outdoor patio and kitchen skylights while offering stunning western sunset views over the ravine. The spacious main living area includes custom built-in cabinetry, a wet bar, and 2 gas fireplaces, while the dream white kitchen features quartz countertops, premium appliances, and walkout access to the backyard designed for effortless entertaining and relaxed outdoor living. Surrounded by nature, the backyard features a sauna, fire pit, lounge area, and gas BBQ hookup, creating a peaceful retreat while still being conveniently close to shopping, restaurants, and amenities. Additional highlights include main floor laundry, a spacious paved driveway with ample parking, and an approximately 500 sq ft barn with driveway access, ideal for storage, hobbies, or workshop use. Conveniently located under 10 minutes to shopping, restaurants, and amenities in King City, Nobleton, and Vaughan, under 15 minutes to Kleinburg, and just minutes to Highway 400. Enjoy being just a short walk to Laskay Park and close to excellent nearby schools including Villanova College and The Country Day School. A rare HR3-zoned offering with outstanding flexibility and long-term potential. Build your dream estate, explore multi-generational living, or enjoy the existing turnkey home while planning for the future.*Property is NOT listed or designated heritage.*

Key facts

Property type
Detached, 1 1/2 Storey
MLS®
N13190484
Bedrooms
3
Bathrooms
2
Size
2000-2500 sq ft
Lot
147 × 165 ft
Cross streets
King Rd & Weston Rd
Parking
6 parking
Driveway
Private
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Board & Batten , Vinyl Siding
Foundation
Other
Roof
Asphalt Shingle
Sewer
Septic
Property tax
$5,536 / 2025
Days on market
141
Listing brokerage
REMAX YOUR COMMUNITY REALTY

Rooms

Living RoomMain9.50 × 5.22 m
Dining RoomMain3.82 × 4.24 m
SittingMain3.29 × 3.49 m
BreakfastMain3.75 × 3.77 m
KitchenMain3.75 × 3.77 m
BathroomMain3.14 × 2.21 m

Combined w/Laundry

Bedroom 3Main2.26 × 4.20 m
Primary BedroomUpper4.77 × 3.91 m
Bedroom 2Upper2.26 × 5.08 m
BathroomUpper2.40 × 2.83 m
Our TakeTeam Asgarian · Broker
A discount is typical here
$1.72Mlikely sale price

Listed at $1,799,999. Going by how homes in Rural King and the wider GTA have actually closed against their asking prices (about 96%, 13 local closings in 90 days), the likely sale price is near $1.72M, if it sells. A realistic range is $1.61M to $1.94M.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.

Longer on the market than typical. 141 days on the market against about 85 for homes like it here, and asking 41% above where comparable closings put it.

List price
$1.61MBelow recent closings$1.94MAbove recent closings

Total price vs nearby homes. Likely closing about $1.72M, from 13 recent closings in this pocket.

The market behind the math:

13sold nearby · 90 days
$2.10Mmedian sold price
91%of asking, on average
+31%prices vs a year ago
~58 dayshomes like this take to sell
141days on market so far
$3,975/moest. rent · 7 leases
2.7%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 7.8 months of inventory: 34 detached homes for sale in the area against 13 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $800/sqft against an area asking average of $1,095/sqft.

  • Ravine / green setting. This home is described as backing onto a ravine or green setting. The ravine backing is priced into the comparison. How much it is really worth depends on whether the house sits on table land with the slope well behind it, or drops away right behind it, and that part is my in-person call.
How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 13 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.56M. Condition and finishes remain an in-person call.

What the listing highlights4 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
  • Development potential: upside only if zoning permits, verify with the city before relying on it. Worth verifying
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($800/sqft) is below the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Rural King, so I widened the search to the surrounding area.

Based on 13 comparable homes that sold in Rural King over the past two years, from 110 closings there.

What sellers nearby are askingCurrently listed nearby in Rural King · asking prices
$1.91Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $2.44M, which is where my estimate comes from.

Per square foot, these ask about $949/sqft; this home lists at $800/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.80MThis home1.34M1.28M2.85M2.40M1.68MThis home vs active comparables

Sold price trend

Median sold price for detached homes in King: $1.81M in September 2026, down 10% from a year ago, on 183 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. King as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$2.20M17
November 2025$2.25M22
December 2025$1.90M12
January 2026$1.82M9
February 2026$2.26M8
March 2026$1.91M16
April 2026$1.60M14
May 2026$1.80M21
June 2026$2.57M15
July 2026$2.00M15
August 2026$1.83M17
September 2026$1.81M17

Neighbourhood & location

Rural King, 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.

King City
$2.86M
Nobleton
$2.08M
Pottageville
$2.07M
Schomberg
$2.15M

Typical asking price of active listings of the same type, per area (outliers removed). King.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$8,204/mo
$329KIncome needed
5.5×Price ÷ income
$1,893Weekly cost
$32,475Land 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.

95%mortgage
Mortgage $8,204Property tax $461Total carry $8,665

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.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,962per month

Mortgage amount $1,439,999 · 4.49% over 25 years

$360,000Down payment (20.0%)
$1,439,999Loan before insurance
$0CMHC premium
$8,423Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,962
Property tax
$461
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,423

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

One-time closing costs

Ontario land transfer tax
$32,475
Estimated closing costs
$32,475

Plus your down payment of $360,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$9,637/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

$948,602Total interest paid
$2,388,601Total of all payments
Principal $1,439,999 Interest $948,602
YearPrincipalInterestBalance
1$32,135$63,409$1,407,865
2$33,594$61,950$1,374,271
3$35,119$60,425$1,339,152
4$36,714$58,831$1,302,438
5$38,380$57,164$1,264,058
6$40,123$55,421$1,223,935
7$41,945$53,599$1,181,990
8$43,849$51,695$1,138,141
9$45,840$49,704$1,092,300
10$47,922$47,622$1,044,379
11$50,097$45,447$994,281
12$52,372$43,172$941,909
13$54,750$40,794$887,159
14$57,236$38,308$829,924
15$59,835$35,710$770,089
16$62,551$32,993$707,538
17$65,391$30,153$642,147
18$68,360$27,184$573,786
19$71,464$24,080$502,322
20$74,709$20,835$427,613
21$78,101$17,443$349,512
22$81,647$13,897$267,865
23$85,354$10,190$182,511
24$89,230$6,314$93,281
25$93,281$2,263$0

At the end of your 5-year term

Total paid over the term
$477,720
Principal paid down
$175,941
Interest paid
$301,779
Balance remaining
$1,264,058

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 7 whole-home leases in Rural King$3,975/mo
$47,700Gross annual rent
2.0%Cap rate after taxes and upkeep
$3,657 to $4,293Typical rent range

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 7 whole-home leases in Rural King signed at a median of $3,510 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,975. 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.

2.7%
Gross yield
− Property tax $5,536− Insurance $1,400− Vacancy & upkeep $5,247Net operating income $35,517

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

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