10 Kingscross Drive, King, ON

King City, King · MLS® N13452786

$1,878,888
For Sale
Listed 31 days ago
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2Bedrooms
1Bathrooms
2Garage · 8 parking
1100-1500Sq Ft

About this home

Welcome to 10 Kingscross Drive. Nestled in one of the most coveted neighborhoods, this rare gem offers a visionary opportunity to own not just a home, but a legacy. Unparalleled Potential Awaits, Currently featuring a charming 1,460 sqft dwelling, this residence has been approved as an accessory structure under existing zoning regulations along with being able to build a brand new Custom home on the property. Huge, Huge Value here as you can keep the existing home to keep as an home office, games room, nanny suite. Envision a grand new residence: the plans are already crafted-a breathtaking 5,700 sqft edifice, complete with a four-car garage and four sumptuous bedrooms, blending elegance with modern sophistication. A Dual Asset Advantage Why choose between convenience and aspiration when you can have both? Retain the current home as an accessory building asset adding additional space while awaiting the completion of your custom build-an astute investment strategy that adds immediate value and flexibility. Nature's Grandeur at Your Doorstep Surrounded by majestic, mature trees, the property offers serene beauty and privacy-an oasis to inspire creativity, tranquility, and timeless living. Join an Exclusive Community Experience the prestige of Kingscross Estates-a place where heritage and refinement converge. This isn't merely real estate; it's an invitation to become part of an esteemed enclave. Act with Intention This opportunity-melding existing structure, approved zoning, and impeccable design-is not just strategic; it's essential.10 Kingscross Drive isn't just a promising real estate listing-it's a platform for your legacy. Seize the moment and let your vision take root here.

Key facts

Property type
Detached, 2-Storey
MLS®
N13452786
Bedrooms
2
Bathrooms
1
Size
1100-1500
Lot
127.72 × 330.51 ft
Cross streets
Keele St / Kingscross Dr
Parking
2 garage · 8 parking (detached)
Driveway
Private
Basement
Unfinished
Heating
Forced Air
A/C
None
Exterior
Stucco (Plaster)
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Septic
Property tax
$9,617 / 2025
Days on market
31
Listing brokerage
PSR

Rooms

Dining RoomGround4.87 × 3.17 m

hardwood floor · window

BedroomSecond3.17 × 3.00 m

Window

BedroomSecond5.60 × 3.63 m

Window

KitchenGround4.05 × 3.02 m

hardwood floor · window

Family RoomGround4.27 × 3.66 m

hardwood floor · window

Moe’s TakeTeam Asgarian · Broker
Above the wider set
$1.59Mest. value

Listed at $1,878,888, this home is tracking about 18% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run a precise CMA. The number above is my independent estimate of value, not the asking price.

Priced above comparable homes overall, but the price per square foot ($1,445/sqft) is in line with the area, so you are paying for extra space rather than a premium.

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 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.36M, 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 $1.79M
  • Bedrooms −$30K
  • Bathrooms −$15K
  • Adjusts to $1.74M

That comparable adjusts to $1.74M; the $1.59M 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 20-minute walk away. Worth weighing if transit access matters to you.

List price
$1.48MGreat deal$1.88MOverpriced

Total price vs nearby homes. Fair value about $1.59M, 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.

  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Weigh carefully
Comparable listingsCurrently listed nearby in King City · asking prices
$1.69Mavg asking

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

154 Hollingsworth Drive$1.50M29 Patricia Drive$1.60M165 Clearview Heights$1.90M111 Norman Drive$1.79M211 James Street$1.65M

The 5 closest active listings nearby.

See all comparable homes
1.88MThis home1.50M1.60M1.90M1.79M1.65MThis home vs active comparables
Live market pulseActive comparables in King City · median list $1.90M
$1,445this home / sqft
9active listings nearby
31days on market

This home lists 0% above the area average of $1,444/sqft.

10 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

10/ 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: Seneca College Stop # 7242, about 1.6 km away

4 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.

Rural King
$2.51M
Pottageville
$2.16M
Nobleton
$2.20M
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 · 1.7 km awayAbove the GTA average · 75% meet the provincial standard

Affordability & Mortgage

Affordability
$8,563/mo
$355KIncome needed
5.3×Price ÷ income
$1,976Weekly 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.

91%mortgage
Mortgage $8,563Property tax $801Total carry $9,365

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)
$8,021per month

Mortgage amount $1,503,110 · 4.14% over 25 years

$375,778Down payment (20.0%)
$1,503,110Loan before insurance
$0CMHC premium
$8,823Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,021
Property tax
$801
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,823

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

One-time closing costs

Ontario land transfer tax
$34,053
Estimated closing costs
$34,053

Plus your down payment of $375,778. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$9,742/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

$903,236Total interest paid
$2,406,346Total of all payments
Principal $1,503,110 Interest $903,236
YearPrincipalInterestBalance
1$35,213$61,041$1,467,898
2$36,686$59,568$1,431,212
3$38,220$58,034$1,392,992
4$39,819$56,435$1,353,173
5$41,484$54,770$1,311,689
6$43,220$53,034$1,268,469
7$45,027$51,226$1,223,442
8$46,911$49,343$1,176,531
9$48,873$47,381$1,127,658
10$50,917$45,337$1,076,741
11$53,047$43,207$1,023,694
12$55,266$40,988$968,428
13$57,578$38,676$910,850
14$59,986$36,268$850,864
15$62,495$33,759$788,369
16$65,109$31,145$723,260
17$67,833$28,421$655,427
18$70,670$25,584$584,757
19$73,626$22,628$511,131
20$76,706$19,548$434,425
21$79,914$16,340$354,511
22$83,257$12,997$271,254
23$86,739$9,514$184,515
24$90,368$5,886$94,147
25$94,147$2,106$0

At the end of your 5-year term

Total paid over the term
$481,269
Principal paid down
$191,421
Interest paid
$289,848
Balance remaining
$1,311,689

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$2,300/mo
$27,600Gross annual rent
0.7%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.

1.5%
Gross yield
− Property tax $9,617− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $13,547

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

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