8805 Highway 9, King, ON

Rural King, King · MLS® N13197770

$5,290,000
For Sale
Listed 146 days agoNo offer date stated
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4+1Bedrooms
5Bathrooms
2Garage · 12 parking
3000-3500Sq ft

About this home

* Excellent Investment Or Live-In * Over 3,100 Ft Fronting On Busy Hwy 9 * Approx: 91.3 Acres * Corner Lot On Hwy 9 & Caledon King Townline * Seller Recently Has Spent $$$ To Upgrade From Top To Bottom * Brand New Well Cost Approx $40k * Kitchen & Dining Room Heated Floor * Master Bedroom & 2nd Bedroom Washroom Heated Floor *

Key facts

Property type
Other, 2-Storey
MLS®
N13197770
Bedrooms
4+1 (5 total)
Bathrooms
5 (1 half)
Size
3000-3500 sq ft
Lot
3100 × 1268.31 ft
Cross streets
Hwy 9/ West of Hwy 27
Parking
2 garage · 12 parking (attached)
Driveway
Available, Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster)
Property tax
$6,738 / 2025
Days on market
146
Listing brokerage
TRADEWORLD REALTY INC
Our TakeTeam Asgarian · Broker
No automatic estimate

This is a rare parcel: about 90.26 acres. Comparable-sales math works on size and bedrooms, and here the lot is what is being sold, so no automatic estimate is shown.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby · asking prices
$3.73Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest listings on the market. Homes like this one have recently closed around $2.08M, which is where my estimate comes from.

Per square foot, these ask about $1,073/sqft; this home lists at $1,628/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
5.29MThis home3.00M3.69M5.70M3.90M2.39MThis home vs active comparables

Sold price trend

Median sold price for homes in King: $1.76M in September 2026, down 7% from a year ago, on 236 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$2.00M24
November 2025$2.08M25
December 2025$1.60M15
January 2026$1.82M9
February 2026$1.39M11
March 2026$1.87M17
April 2026$1.39M20
May 2026$1.74M28
June 2026$2.30M19
July 2026$1.82M23
August 2026$1.74M23
September 2026$1.76M22

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.

Schomberg
$838K
Pottageville
$1.30M
Nobleton
$2.25M
King City
$2.66M

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
$24,110/mo
$929KIncome needed
5.7×Price ÷ income
$5,564Weekly cost
$118,725Land 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.

98%mortgage
Mortgage $24,110Property tax $562Total carry $24,672

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 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$23,399per month

Mortgage amount $4,232,000 · 4.49% over 25 years

$1,058,000Down payment (20.0%)
$4,232,000Loan before insurance
$0CMHC premium
$23,961Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$23,399
Property tax
$562
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$23,961

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

One-time closing costs

Ontario land transfer tax
$118,725
Estimated closing costs
$118,725

Plus your down payment of $1,058,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$28,321/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

$2,787,836Total interest paid
$7,019,836Total of all payments
Principal $4,232,000 Interest $2,787,836
YearPrincipalInterestBalance
1$94,440$186,353$4,137,560
2$98,728$182,065$4,038,832
3$103,211$177,583$3,935,621
4$107,897$172,896$3,827,724
5$112,796$167,997$3,714,928
6$117,917$162,876$3,597,010
7$123,271$157,522$3,473,739
8$128,868$151,925$3,344,871
9$134,719$146,074$3,210,151
10$140,836$139,957$3,069,315
11$147,231$133,563$2,922,084
12$153,916$126,878$2,768,169
13$160,904$119,889$2,607,265
14$168,210$112,584$2,439,055
15$175,847$104,946$2,263,208
16$183,831$96,962$2,079,377
17$192,178$88,616$1,887,199
18$200,904$79,890$1,686,295
19$210,025$70,768$1,476,270
20$219,561$61,232$1,256,708
21$229,530$51,263$1,027,178
22$239,952$40,841$787,226
23$250,847$29,947$536,379
24$262,236$18,557$274,143
25$274,143$6,651$0

At the end of your 5-year term

Total paid over the term
$1,403,967
Principal paid down
$517,072
Interest paid
$886,895
Balance remaining
$3,714,928

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 12 whole-home leases in Rural King$5,373/mo
$64,476Gross annual rent
0.9%Cap rate after taxes and upkeep
$3,857 to $5,642Typical 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 12 whole-home leases in Rural King signed at a median of $4,247 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,373. 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.

1.2%
Gross yield
− Property tax $6,738− Insurance $1,400− Vacancy & upkeep $7,092Net operating income $49,246

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

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