18367 Keele Street, King, ON

Rural King, King · MLS® N13248840

$2,275,000
For Sale
Listed 132 days agoNo offer date statedSitting longer than typical
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2Bedrooms
1Bathrooms
1Garage
700-1100Sq ft

About this home

In short

  • Rare 13-acre dry level property in the Heart of King Township featuring approximately 300 feet of frontage, a private gated entrance, and a well-maintained residence...
  • The expansive acreage offers exceptional space and flexibility to enjoy as is or tailor to your future vision.
  • Surrounded by prestigious estate homes and conveniently located just minutes from Highway 400, shopping, dining, golf courses, and everyday amenities.

Rare 13-acre dry level property in the Heart of King Township featuring approximately 300 feet of frontage, a private gated entrance, and a well-maintained residence ready to enjoy today. Beautiful landscaping, mature trees, asphalt driveway, and fencing surrounding the property create a private and picturesque setting. Ideal for horses, livestock, poultry, hobby farming, agricultural pursuits, or those seeking the ultimate country lifestyle. The expansive acreage offers exceptional space and flexibility to enjoy as is or tailor to your future vision. Surrounded by prestigious estate homes and conveniently located just minutes from Highway 400, shopping, dining, golf courses, and everyday amenities. A rare opportunity to own a significant landholding in one of the GTA's most desirable communities.

Key facts

Property type
Detached, Bungalow
MLS®
N13248840
Bedrooms
2
Bathrooms
1
Size
700-1100 sq ft
Lot
298.75 × 2080.9 ft
Cross streets
KEELE ST, NORTH OF DAVIS DRIVE
Parking
1 garage (attached)
Driveway
Circular Drive
Basement
None
Heating
Forced Air
A/C
Wall Unit(s)
Exterior
Brick, Other
Foundation
Brick
Roof
Asphalt Shingle
Sewer
Septic
Property tax
$4,108 / 2025
Days on market
132
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

Bedroom 2Main2.88 × 2.99 m

window · closet

Primary BedroomMain2.93 × 3.57 m

Window

KitchenMain4.84 × 4.81 m

porcelain floor · large window

Mud RoomMain3.02 × 1.79 m

w/o to yard · closet · ceramic floor

BathroomMain0.00 × 0.00 m

4 Pc Bath

DenMain6.03 × 4.52 m

large window · wainscoting

Our TakeTeam Asgarian · Broker
No automatic estimate

This is a rare parcel: about 14.27 acres. Comparable-sales math works on size and bedrooms, and here the lot is what is being sold, so no automatic estimate is shown. Homes on lots this size in Rural King have sold between $1.45M and $7.00M over the last two years (11 sales).

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby · asking prices
$770kavg 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 $1.02M, which is where my estimate comes from.

Per square foot, these ask about $742/sqft; this home lists at $2,528/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
2.27MThis home670k900k700k580k1.00MThis 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.

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

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
$10,369/mo
$405KIncome needed
5.6×Price ÷ income
$2,393Weekly cost
$43,350Land 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.

97%mortgage
Mortgage $10,369Property tax $342Total carry $10,711

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)
$10,063per month

Mortgage amount $1,820,000 · 4.49% over 25 years

$455,000Down payment (20.0%)
$1,820,000Loan before insurance
$0CMHC premium
$10,405Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10,063
Property tax
$342
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10,405

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

One-time closing costs

Ontario land transfer tax
$43,350
Estimated closing costs
$43,350

Plus your down payment of $455,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$12,180/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

$1,198,928Total interest paid
$3,018,928Total of all payments
Principal $1,820,000 Interest $1,198,928
YearPrincipalInterestBalance
1$40,615$80,142$1,779,385
2$42,459$78,298$1,736,927
3$44,387$76,371$1,692,540
4$46,402$74,355$1,646,138
5$48,509$72,248$1,597,630
6$50,711$70,046$1,546,918
7$53,014$67,743$1,493,905
8$55,421$65,336$1,438,484
9$57,937$62,820$1,380,547
10$60,568$60,190$1,319,980
11$63,318$57,440$1,256,662
12$66,192$54,565$1,190,469
13$69,198$51,559$1,121,272
14$72,340$48,417$1,048,932
15$75,624$45,133$973,308
16$79,058$41,699$894,250
17$82,647$38,110$811,602
18$86,400$34,357$725,202
19$90,323$30,434$634,880
20$94,424$26,333$540,456
21$98,711$22,046$441,745
22$103,193$17,564$338,552
23$107,878$12,879$230,673
24$112,776$7,981$117,897
25$117,897$2,860$0

At the end of your 5-year term

Total paid over the term
$603,786
Principal paid down
$222,370
Interest paid
$381,415
Balance remaining
$1,597,630

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 9 whole-home leases in Rural King$2,334/mo
$28,008Gross annual rent
0.9%Cap rate after taxes and upkeep
$1,880 to $2,521Typical 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 9 whole-home leases in Rural King signed at a median of $3,169 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,334. 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 $4,108− Insurance $1,400− Vacancy & upkeep $3,081Net operating income $19,419

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

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