115 Fog Road, King, ON
Rural King, King · MLS® N13444288
About this home
The Painters Hollow: A Mid-Century Masterpiece in the Heart of King Nestled on a prestigious cul-de-sac within the rolling hills of King City, this one of a kind 4 bedroom estate offers a rare blend of Canadian artistic legacy & sophisticated luxury. Originally the sanctuary of Painters Eleven founder Oscar Cahen, this hidden oasis provides a tranquil lifestyle surrounded by mature forests, 30 minutes from the city. This sprawling 5 acre rural estate with 250+ foot frontage offers unparalleled privacy and a true retreat experience. Inside, 4,456 square feet of finished living space is bathed in natural light, featuring a spectacular great room18 foot vaulted ceilings, a massive stone fireplace, & a premium Valor gas insert. Meticulously updated, the home features spray foam insulation, lifetime warranty aluminum roof, & high efficient mechanicals 2022 furnace & 2020 A/C. Designed for multi-generational living, the layout boasts a primary main-floor wing serving as a private sanctuary with a walk-in closet, 4-pc ensuite with standalone tub, & a private living area with its own fireplace. Step out to a screened-in Muskoka room with western exposure, complete with a hot tub rough-in, to enjoy serene sunsets. The main level also features a dedicated office/studio, formal dining, a sunroom with a wood-burning stove, 10 W/Os leading to enchanting forest paths. The finished walk-out basement, double garage, & separate studio offer the perfect footprint for professional home offices. Modern comforts include a tankless water heater, UV filtration, & whole-home softener. Situated among multi-million dollar custom homes in an elite York Region enclave, this property is mins from Villanova College, Country Day School, & the King City GO Station. An extraordinary opportunity to own a piece of Canadian history on a premier lot, ready to complement your next chapter in one of the GTA's most desirable communities.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13444288
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 4 (2 half)
- Size
- 2500-3000
- Lot
- 254.82 × 873.69 ft
- Cross streets
- Keele Street & 17th Side Road
- Parking
- 2 garage · 10 parking (built-in)
- Driveway
- Private
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Board & Batten , Stone
- Foundation
- Concrete Block
- Roof
- Metal
- Sewer
- Septic
- Property tax
- $13,881 / 2025
- Days on market
- 32
- Listing brokerage
- EXP REALTY
Rooms
5 pc ensuite · fireplace · w/o to sunroom
walk-in closet(s) · large window · hardwood floor
B/I Bar
double closet · large window · broadloom
stainless steel appl · family size kitchen · pot lights
double closet · large window · hardwood floor
hardwood floor · open concept · w/o to sunroom
hardwood floor · vaulted ceiling(s) · stone fireplace
juliette balcony · stone floor
Listed at $1,999,999, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Rural King, so I widened the search to the surrounding area.
Based on 13 similar homes nearby, adjusted for size, beds, and baths.Median of 13 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.89M, higher than the comparables and worth a second look.
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 $2.33M
- Bathrooms −$15K
- Adjusts to $2.31M
That comparable adjusts to $2.31M; the $1.97M estimate above is the median of all 13 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 (Kettleby 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 # 1706 is about a 39-minute walk away. Worth weighing if transit access matters to you.
Total price vs nearby homes. Fair value about $1.97M, median of 13 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.
- Walk-out basement: natural light and strong in-law or income potential.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Sold as-is / needs work: budget for renovation, the price should reflect the condition.
- Income potential
- Worth verifying
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 40% below the area average of $1,215/sqft.
11 days longer than the King average (21 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Rural King, 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 # 1706, about 3.1 km 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 $1,599,999 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8,538
- Property tax
- $1,157
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $9,695
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $36,475
- Estimated closing costs
- $36,475
Plus your down payment of $400,000. 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
- $512,291
- Principal paid down
- $203,760
- Interest paid
- $308,531
- Balance remaining
- $1,396,239
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 EXP REALTY. MLS®/PropTx.