16 Gianvito Crescent, King, ON
King City, King · MLS® N13221206
About this home
Imagine beginning every day with breathtaking, uninterrupted ravine sunrises right from your private balcony. At 16 Gianvito Cres, your dream lifestyle merges with luxurious comfort in this magnificent brand-new estate, built by Fernbrook with$300,000 in builder upgrades. Step inside to discover an impressive main floor with soaring 11- to 12-foot ceilings, a stunning 9-box waffle ceiling in the family and living room, and an inviting fireplace. White Maple Hardwood floors span the main and second floors, while the kitchen and breakfast area shine with upgraded porcelain tile. The gourmet kitchen delights with an extra-large island, high-end Wolf appliances, built-in oven, a pot filler, and inspiring views of the lush ravine, keeping your spaces filled with sunlight from morning till evening. Entertain with ease thanks to the formal dining room with direct kitchen access. The spacious primary bedroom features two walk-in closets, a balcony overlooking the ravine, and a spectacular ensuite bathroom, Primary ensuite is heated floor .Additional highlights include a separate side entrance with potential for a basement suite and a 60-amp rough-in for a car charging station. Please see the attached file for a complete list of upgrades.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13221206
- Bedrooms
- 4
- Bathrooms
- 4 (1 half)
- Size
- 3500-5000
- Lot
- 50.26 × 107.91 ft
- Cross streets
- Dufferin and 15th Side Road
- Parking
- 2 garage · 4 parking (attached)
- Driveway
- Private Double
- Basement
- Partial Basement, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Days on market
- 46
- Listing brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Rooms
hardwood floor · 3 pc bath · overlooks frontyard
hardwood floor · w/o to balcony · 5 pc ensuite
hardwood floor · overlooks frontyard
porcelain floor · laundry sink
hardwood floor · 5 pc ensuite · overlooks frontyard
hardwood floor · separate room · large window
porcelain floor · overlooks ravine · stainless steel appl
hardwood floor · walk-in closet(s) · saloon doors
porcelain floor · combined w/kitchen · large window
hardwood floor · overlooks ravine · fireplace
hardwood floor · overlooks ravine · fireplace
Listed at $2,599,000, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.
Based on 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths.
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 $3.36M
- Adjusts to $3.36M
That comparable adjusts to $3.36M; the $2.94M estimate above is the median of all 8 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. Seneca College Stop # 7242 is about a 10-minute walk away. Worth weighing if transit access matters to you.
Total price vs nearby homes. Fair value about $2.94M, median of 8 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.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Heated floors: comfort and a premium-finish signal.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Primary suite: a key comfort and resale feature.
- Worth verifying
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 6% below the area average of $650/sqft.
25 days longer than the King average (21 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
King City, King, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: Seneca College Stop # 7242, about 781 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). King.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $2,079,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $11,095
- Property tax
- $1,624
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $12,720
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $51,450
- Estimated closing costs
- $51,450
Plus your down payment of $519,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $665,723
- Principal paid down
- $264,787
- Interest paid
- $400,936
- Balance remaining
- $1,814,413
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.
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
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 numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.