62 Langdon Drive, King, ON

King City, King · MLS® N13211074

$3,499,000
For Sale
Listed 50 days ago
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6Bedrooms
7Bathrooms
3Garage · 9 parking
5,000Sq Ft

About this home

A statement of refined luxury within King City's coveted Corsica Estates, this corner lot showcases over 5,800 sq ft of model home craftsmanship with almost every upgrade imaginable. A grand double-door entrance opens to an elegant crystal-chandelier foyer. The open-concept chef-calibre kitchen is anchored by premium brands like Sub-Zero, Asco and an enormous 5-foot Wolf range, flowing into a sun-filled breakfast area and two-storey family room with a gas fireplace. Formal living and dining rooms create an inviting entertaining wing for loved ones and guests alike. A main-floor office, main-floor bedroom with ensuite, and a rare residential elevator servicing all three levels deliver true multi-generational versatility to this residence. Upstairs the PRESIDENTIAL-STYLE primary retreat spans over 500 sq ft with a private sitting room, 3-D fireplace, walk-out balcony, two designer walk-in closets, and a spa-inspired 5-piece ensuite. All other oversized bedrooms each enjoy their own private ensuite, joined by a second upstairs office and walk-out deck. The approximately 2,200 sq ft of unfinished basement offers limitless potential for a wine cellar, home theatre, games area, or personal gym. The iconic stone-and-turret exterior, paired with a comfortable backyard, completes this exceptional offering.

Key facts

Property type
Detached, 2-Storey
MLS®
N13211074
Bedrooms
6
Bathrooms
7 (1 half)
Size
5,000 sq ft
Lot
65.05 × 120.71 ft
Cross streets
King Rd/Keele St
Parking
3 garage · 9 parking (built-in)
Driveway
Available
Basement
Full, Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$17,263 / 2025
Days on market
50
Listing brokerage
CENTURY 21 RED STAR REALTY INC.

Rooms

Living RoomMain5.00 × 3.99 m

coffered ceiling(s) · fireplace · hardwood floor

Family RoomMain4.98 × 4.69 m

balcony · fireplace · hardwood floor

Primary BedroomSecond5.84 × 4.58 m

walk-in closet(s) · 6 pc ensuite · hardwood floor

SittingSecond4.99 × 4.95 m

fireplace · balcony · hardwood floor

BreakfastMain4.95 × 3.71 m

w/o to porch · heated floor · tile floor

Bedroom 2Second5.47 × 3.96 m

walk-in closet(s) · 4 pc ensuite · hardwood floor

BedroomMain4.98 × 4.69 m

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

KitchenMain5.84 × 5.78 m

b/i appliances · heated floor · tile floor

OfficeMain3.68 × 3.50 m

moulded ceiling · circular room · french doors

Dining RoomMain5.48 × 3.98 m

coffered ceiling(s) · french doors · hardwood floor

Moe’s TakeTeam Asgarian · Broker
Below comparables
$4.10Mest. value

Listed at $3,499,000, this home is about 15% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 12 similar homes nearby, adjusted for size, beds, and baths.Median of 12 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.86M, a close match.

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 $5.59M
  • Adjusts to $5.59M

That comparable adjusts to $5.59M; the $4.10M estimate above is the median of all 12 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 City is about a 5-minute walk away.

List price
$3.50MGreat deal$4.87MOverpriced

Total price vs nearby homes. Fair value about $4.10M, median of 12 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Open-concept layout: modern, sought-after flow.
  • Elevator: rare and valuable for accessibility and resale.
  • Corner lot: more light and frontage, sometimes at the cost of privacy.
  • Value driver
  • Lifestyle
  • Weigh carefully
Comparable listingsCurrently listed nearby in King City · asking prices
$4.67Mavg asking

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

32 James Stokes Court$3.89M39 Patricia Drive$4.30M76 Burton Grove$5.59M256 Patricia Drive$4.88M

The 4 closest active listings nearby.

See all comparable homes
3.50MThis home3.89M4.30M5.59M4.88MThis home vs active comparables
Live market pulseActive comparables in King City · median list $3.98M
$700this home / sqft
13active listings nearby
50days on market

This home lists 33% below the area average of $1,043/sqft.

29 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

49/ 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 City, about 412 m away

18 transit stops9 dining8 parks2 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
Nobleton
$2.20M
Pottageville
$2.16M
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 · 1.6 km awayAbove the GTA average · 75% meet the provincial standard

Affordability & Mortgage

Affordability
$15,947/mo
$656KIncome needed
5.3×Price ÷ income
$3,680Weekly 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.

92%mortgage
Mortgage $15,947Property tax $1,439Total carry $17,386

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)
$14,938per month

Mortgage amount $2,799,200 · 4.14% over 25 years

$699,800Down payment (20.0%)
$2,799,200Loan before insurance
$0CMHC premium
$16,376Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$14,938
Property tax
$1,439
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$16,376

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

One-time closing costs

Ontario land transfer tax
$73,950
Estimated closing costs
$73,950

Plus your down payment of $699,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$18,143/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

$1,682,071Total interest paid
$4,481,271Total of all payments
Principal $2,799,200 Interest $1,682,071
YearPrincipalInterestBalance
1$65,576$113,675$2,733,624
2$68,319$110,932$2,665,306
3$71,176$108,075$2,594,130
4$74,153$105,097$2,519,976
5$77,255$101,996$2,442,721
6$80,487$98,764$2,362,235
7$83,853$95,398$2,278,381
8$87,361$91,890$2,191,021
9$91,015$88,236$2,100,006
10$94,822$84,429$2,005,184
11$98,788$80,463$1,906,396
12$102,920$76,331$1,803,476
13$107,225$72,026$1,696,251
14$111,710$67,541$1,584,540
15$116,383$62,868$1,468,157
16$121,251$58,000$1,346,906
17$126,323$52,928$1,220,583
18$131,607$47,644$1,088,977
19$137,112$42,139$951,865
20$142,847$36,404$809,018
21$148,822$30,429$660,196
22$155,047$24,204$505,149
23$161,532$17,719$343,617
24$168,289$10,962$175,328
25$175,328$3,923$0

At the end of your 5-year term

Total paid over the term
$896,254
Principal paid down
$356,479
Interest paid
$539,775
Balance remaining
$2,442,721

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$10,500/mo
$126,000Gross annual rent
2.7%Est. cap rate

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.

3.6%
Gross yield
− Property tax $17,263− Insurance $1,400− Vacancy & upkeep $13,860Net operating income $93,477

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 RED STAR REALTY INC.. MLS®/PropTx.

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