15 Old Church Road, King, ON

Rural King, King · MLS® N13415496

$1,738,000
For Sale
Listed 39 days ago
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5Bedrooms
4Bathrooms
2Garage · 8 parking
1500-2000Sq Ft

About this home

Welcome To Your Private Ravine Retreat In The Heart Of Prestigious King City.Set On An Exceptional 0.46-Acre Ravine Lot, this extensively renovated residence offers a rarecombination of luxury, privacy, and natural beauty. Surrounded by mature trees andbreathtaking views, the home is filled with natural sunlight from sunrise to sunset, creatingbright, elegant living spaces that seamlessly connect with the outdoors.Designed for modern living and effortless entertaining, the home showcases sophisticatedVenetian plaster accent walls, a custom-crafted chef's kitchen with premium AAA stainlesssteel appliances, and a stunning oversized stone island that serves as the centerpiece of thehome. Expansive windows frame picturesque ravine views while flooding the interior with warmthand natural light.Every major component has been thoughtfully upgraded, offering true peace of mind for years tocome. Improvements include new insulation in attic and walls, drywall, windows and doors, roofand soffits (2020), refinished well with new pump (2021), upgraded electrical system and panel(2020), interior and exterior pot lighting, detached garage (2021), extended driveway (2021),new septic bed (2023), high-efficiency air conditioning (2024), and a private sauna retreat inthe lower level.The striking stucco exterior creates timeless curb appeal, while the beautifully redesignedbathrooms feature elegant European-inspired finishes and custom furnishings.The finished lower level with separate entrance presents outstanding flexibility for extendedfamily living, a private guest suite, home office, or potential income-generating opportunity.Properties offering this level of privacy, extensive renovations, abundant natural light, andprime King City location rarely become available. A truly turnkey luxury residence where everydetail has been thoughtfully considered.Simply move in and enjoy the lifestyle.

Key facts

Property type
Detached, Bungalow-Raised
MLS®
N13415496
Bedrooms
5 (3 + 2)
Bathrooms
4 (1 half)
Size
1500-2000
Lot
60.41 × 253.59 ft
Cross streets
Westone Rd/ King Rd
Parking
2 garage · 8 parking (detached)
Driveway
Private
Basement
Separate Entrance, Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stucco (Plaster)
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Septic
Property tax
$6,766 / 2026
Days on market
39
Listing brokerage
ROYAL TEAM REALTY INC.

Rooms

KitchenMain4.80 × 3.00 m

centre island · quartz counter · porcelain floor

Bedroom 2Main5.40 × 3.30 m

3 pc bath · closet · large window

Bedroom 5Lower5.70 × 5.70 m

heated floor · walk-in closet(s) · large window

KitchenLower5.20 × 3.80 m

hardwood floor · quartz counter · ceramic backsplash

Primary BedroomMain4.70 × 3.00 m

3 pc ensuite · walk-in closet(s) · large window

Bedroom 3Main4.30 × 2.60 m

3 pc bath · walk-in closet(s) · large window

Family RoomLower5.80 × 3.70 m

hardwood floor · closet · fireplace

Living RoomMain6.10 × 4.60 m

open concept · overlooks backyard · combined w/dining

BathroomLower3.60 × 2.40 m

sauna · 4 pc bath · ceramic floor

Dining RoomMain5.60 × 2.60 m

pot lights · w/o to deck · combined w/living

Bedroom 4Lower5.40 × 2.40 m

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

Moe’s TakeTeam Asgarian · Broker
In the wider range
$1.63Mest. value

Listed at $1,738,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 38 similar homes nearby, adjusted for size, beds, and baths.Median of 38 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.95M, a bit higher. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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 $2.40M
  • Adjusts to $2.40M

That comparable adjusts to $2.40M; the $1.63M estimate above is the median of all 38 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.

The assigned public school is King City SS. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a more car-dependent spot, so buyers here typically drive. King City is about a 50-minute walk away. Worth weighing if transit access matters to you.

List price
$1.10MGreat deal$2.86MOverpriced

Total price vs nearby homes. Fair value about $1.63M, median of 38 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.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Income potential
  • Worth verifying
  • Value driver
Comparable listingsCurrently listed nearby in Rural King · asking prices
$1.85Mavg asking

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

280 Kettleby Road$2.40M16175 Jane Street$1.25M1268 15th Side Road$2.45M14426 Jane Street$1.36M2320 LLOYDTOWN-AURORA Road$1.80M

The 5 closest of 8 active listings nearby.

See all comparable homes
1.74MThis home2.40M1.25M2.45M1.36M1.80MThis home vs active comparables
Live market pulseActive comparables in Rural King · median list $3.29M
$993this home / sqft
39active listings nearby
39days on market

This home lists 13% below the area average of $1,142/sqft.

18 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

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.

Getting around

6/ 100

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: King City, about 4.0 km away

1 parks

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.

King City
$2.81M
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 Nobleton PS
57%
Nobleton PSPublic · Elementary · JK-8 · 7.1 km awayBelow the GTA average · 57% meet the provincial standard

Affordability & Mortgage

Affordability
$7,921/mo
$322KIncome needed
5.4×Price ÷ income
$1,828Weekly 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.

93%mortgage
Mortgage $7,921Property tax $564Total carry $8,485

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)
$7,420per month

Mortgage amount $1,390,400 · 4.14% over 25 years

$347,600Down payment (20.0%)
$1,390,400Loan before insurance
$0CMHC premium
$7,984Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,420
Property tax
$564
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,984

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

One-time closing costs

Ontario land transfer tax
$31,235
Estimated closing costs
$31,235

Plus your down payment of $347,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$9,012/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

$835,507Total interest paid
$2,225,907Total of all payments
Principal $1,390,400 Interest $835,507
YearPrincipalInterestBalance
1$32,572$56,464$1,357,828
2$33,935$55,102$1,323,893
3$35,354$53,682$1,288,539
4$36,833$52,203$1,251,706
5$38,374$50,663$1,213,332
6$39,979$49,058$1,173,353
7$41,651$47,385$1,131,702
8$43,393$45,643$1,088,309
9$45,208$43,828$1,043,101
10$47,099$41,937$996,002
11$49,069$39,967$946,932
12$51,122$37,914$895,811
13$53,260$35,776$842,550
14$55,488$33,548$787,062
15$57,809$31,227$729,253
16$60,227$28,809$669,026
17$62,746$26,290$606,280
18$65,371$23,665$540,909
19$68,105$20,931$472,804
20$70,954$18,082$401,850
21$73,922$15,114$327,928
22$77,014$12,022$250,914
23$80,235$8,801$170,679
24$83,591$5,445$87,088
25$87,088$1,948$0

At the end of your 5-year term

Total paid over the term
$445,181
Principal paid down
$177,068
Interest paid
$268,114
Balance remaining
$1,213,332

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$3,150/mo
$37,800Gross annual rent
1.5%Est. cap rate

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 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.

2.2%
Gross yield
− Property tax $6,766− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $25,476

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

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