124 Elmpine Trail, King, ON

Rural King, King · MLS® N13461166

$2,299,999
For Sale
Listed 29 days ago
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4Bedrooms
3Bathrooms
2Garage · 12 parking
3500-5000Sq Ft

About this home

Welcome to 124 Elmpine Trail, an exceptional residence located in one of King's most desirable communities. Set on an impressive half-acre lot surrounded by mature trees and natural landscaping, this property offers a rare sense of privacy, space, and connection to nature while remaining close to everyday conveniences.Meticulously maintained and beautifully finished throughout, this home showcases quality craftsmanship, thoughtful design, and an ideal layout for both entertaining and everyday living. Expansive principal rooms, elegant finishes, and an abundance of natural light create a warm and sophisticated atmosphere throughout the home.The well-appointed kitchen serves as the centre of the home, offering both style and functionality with ample space for gathering, hosting, and daily living. The spacious layout continues into the private living quarters, where generously sized bedrooms and a luxurious primary retreat provide comfort and privacy. Every room has been carefully designed to maximize space, flow, and functionality while maintaining a timeless feel.Step outside and experience one of the home's most exceptional features - the expansive half-acre setting. Surrounded by greenery and offering a peaceful, private backdrop, the outdoor spaces feel like a natural extension of the home, creating endless opportunities to entertain, unwind, and enjoy quiet moments immersed in nature.Whether hosting guests, spending time with family, or enjoying quiet evenings at home, this residence offers versatile living spaces suited for every stage of life. A rare opportunity to own a beautifully cared for home in an established and prestigious King location, where exceptional attention to detail, timeless finishes, and a private estate-style setting come together.

Key facts

Property type
Detached, 2-Storey
MLS®
N13461166
Bedrooms
4
Bathrooms
3
Size
3500-5000
Lot
50.04 × 502.65 ft
Cross streets
King Vaughan Rd & Mill Rd
Parking
2 garage · 12 parking (built-in)
Driveway
Private
Basement
Unfinished, Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Shingles
Sewer
Septic
Property tax
$8,668 / 2026
Days on market
29
Listing brokerage
REMAX YOUR COMMUNITY REALTY

Rooms

SolariumMain3.71 × 4.20 m
Dining RoomMain6.67 × 5.88 m
KitchenMain4.85 × 8.27 m
Bedroom 3Upper3.55 × 3.96 m
Bedroom 4Upper4.81 × 6.09 m
Bedroom 2Upper4.77 × 5.59 m
Dining RoomMain3.20 × 3.51 m
Primary BedroomUpper6.67 × 5.33 m
WorkshopBasement3.68 × 9.91 m
Family RoomMain7.76 × 5.33 m
Moe’s TakeTeam Asgarian · Broker
In line
$2.47Mest. value

Listed at $2,299,999, 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.

There were not many closely comparable homes right in Rural King, so I widened the search to the surrounding area.

Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.85M, lower 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 $3.36M
  • Bathrooms −$15K
  • Adjusts to $3.35M

That comparable adjusts to $3.35M; the $2.47M estimate above is the median of all 7 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. Stanton Av / Poetry Dr is about a 76-minute walk away. Worth weighing if transit access matters to you.

List price
$2.23MGreat deal$3.02MOverpriced

Total price vs nearby homes. Fair value about $2.47M, median of 7 comparables.

Comparable listingsCurrently listed nearby · asking prices
$2.49Mavg asking

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

Lot 19N-10 Saxby Farm Avenue$2.25M7 Kinghorn Road$2.49M20 Parkheights Trail$1.85M212 Burns Boulevard$3.36M

The 4 closest active listings nearby.

See all comparable homes
2.30MThis home2.25M2.49M1.85M3.36MThis home vs active comparables
Live market pulseActive comparables in Rural King · median list $2.33M
$541this home / sqft
15active listings nearby
29days on market

8 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: Stanton Av / Poetry Dr, about 6.1 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.

Nobleton
$2.20M
King City
$2.81M
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 · 4.2 km awayBelow the GTA average · 57% meet the provincial standard

Affordability & Mortgage

Affordability
$10,483/mo
$424KIncome needed
5.4×Price ÷ income
$2,419Weekly 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.

94%mortgage
Mortgage $10,483Property tax $722Total carry $11,205

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)
$9,819per month

Mortgage amount $1,839,999 · 4.14% over 25 years

$460,000Down payment (20.0%)
$1,839,999Loan before insurance
$0CMHC premium
$10,541Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9,819
Property tax
$722
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10,541

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

One-time closing costs

Ontario land transfer tax
$43,975
Estimated closing costs
$43,975

Plus your down payment of $460,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$11,926/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

$1,105,676Total interest paid
$2,945,676Total of all payments
Principal $1,839,999 Interest $1,105,676
YearPrincipalInterestBalance
1$43,105$74,722$1,796,894
2$44,908$72,919$1,751,987
3$46,786$71,041$1,705,200
4$48,743$69,084$1,656,457
5$50,782$67,045$1,605,675
6$52,906$64,921$1,552,769
7$55,119$62,708$1,497,649
8$57,425$60,402$1,440,225
9$59,827$58,000$1,380,398
10$62,329$55,498$1,318,068
11$64,936$52,891$1,253,132
12$67,653$50,174$1,185,479
13$70,482$47,345$1,114,997
14$73,431$44,396$1,041,566
15$76,502$41,325$965,064
16$79,702$38,125$885,362
17$83,036$34,791$802,327
18$86,509$31,318$715,817
19$90,128$27,699$625,690
20$93,898$23,929$531,792
21$97,825$20,002$433,967
22$101,917$15,910$332,050
23$106,180$11,647$225,870
24$110,621$7,206$115,249
25$115,249$2,578$0

At the end of your 5-year term

Total paid over the term
$589,135
Principal paid down
$234,324
Interest paid
$354,811
Balance remaining
$1,605,675

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$7,350/mo
$88,200Gross annual rent
3.0%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.

3.8%
Gross yield
− Property tax $8,668− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $68,430

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

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