32 Nicort Road, King, ON

King City, King · MLS® N13470494

$1,999,000
For Sale
Listed 27 days ago
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4Bedrooms
4Bathrooms
2Garage · 4 parking
2500-3000Sq Ft

About this home

Exceptional Residence In Prestigious King City! Gorgeous 4 Bedroom Stone & Brick Home On A Pool Size 42 x 120 Ft Lot. Grand Open To Above Foyer With Double Doors And Statement Crystal Chandelier, Elegant Oak Staircase With Metal Pickets And Direct Garage Access. 9 Ft Ceilings On Main Floor & Basement. Smooth Ceilings Throughout All Levels. Crown Moldings. Hardwood Floors Throughout, 24x24 Porcelain Tiles. Functional Layout: Main Floor Office With French Doors & Coffered Ceiling, Formal Dining Room With Stunning Chandelier, Family-Sized Luxury Kitchen With Spacious Breakfast Area Overlooking Family Room And Backyard. Kitchen Comes With Oversized Island, Granite Countertops, Glass Backsplash & Abundant Storage With Multiple Organizers, Osmosis Water Filter & Garburator. Professionally Landscaped Front & Backyard With Interlock Front, Side & Stone Patio: Perfect For Outdoor Living. 4 Spacious Bedrooms. Primary Retreat With Tray Ceiling, Walk-In Closet With Custom Organizers & 5-Piece Ensuite With Jacuzzi Tub, Glass Shower, Granite Countertop & Double Sink Vanity. Second Floor Laundry. Finished Basement With 9 Ft Ceilings, Huge Open Recreation Area, Wet Bar & 3-Piece Bathroom - Ideal For Entertaining. Premium Location: No Homes Directly In Front, Facing A Large Park With Open Views. Steps To School: Perfect For Growing Families. This Place Is Truly Considered A Privilege To Call Home: An Impressive Blend Of Elegance, Functionality And Space! Please, See 3D Tour.

Key facts

Property type
Detached, 2-Storey
MLS®
N13470494
Bedrooms
4
Bathrooms
4 (1 half)
Size
2500-3000
Lot
42.03 × 120.87 ft
Cross streets
Dufferin/King
Parking
2 garage · 4 parking (built-in)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Stone
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$8,219 / 2025
Days on market
27
Listing brokerage
SUTTON GROUP-ADMIRAL REALTY INC.

Rooms

Dining RoomMain3.92 × 3.81 m

hardwood floor · large window · open concept

Bedroom 3Second3.51 × 3.34 m

hardwood floor · closet · large window

KitchenBasement3.02 × 2.73 m

laminate · quartz counter · open concept

KitchenMain3.85 × 3.50 m

granite counters · backsplash · centre island

OfficeMain3.38 × 3.08 m

hardwood floor · french doors · large window

RecreationBasement8.47 × 5.94 m

3 pc bath · laminate · pot lights

BreakfastMain3.60 × 3.52 m

porcelain floor · w/o to patio · bow window

FoyerMain3.75 × 3.21 m

porcelain floor · access to garage · double closet

Primary BedroomSecond4.90 × 4.00 m

hardwood floor · 5 pc ensuite · walk-in closet(s)

Bedroom 2Second3.76 × 3.07 m

hardwood floor · closet organizers · large window

Family RoomMain5.25 × 3.93 m

hardwood floor · overlooks backyard · gas fireplace

Bedroom 4Second3.80 × 3.70 m

hardwood floor · cathedral ceiling(s) · double closet

Moe’s TakeTeam Asgarian · Broker
Above comparables
$1.80Mest. value

Listed at $1,999,000, this home is about 11% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Priced above comparable homes overall, but the price per square foot ($727/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.66M, a close match.

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 $1.90M
  • Bathrooms +$15K
  • Adjusts to $1.91M

That comparable adjusts to $1.91M; the $1.80M estimate above is the median of all 6 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. King Rd / Stan Roots St is about a 4-minute walk away.

List price
$1.50MGreat deal$2.00MOverpriced

Total price vs nearby homes. Fair value about $1.80M, median of 6 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Primary suite: a key comfort and resale feature.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby in King City · asking prices
$1.92Mavg asking

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

113 Burns Boulevard$1.85M21 Lilly Valley Crescent$1.75M80 Findlay Avenue$1.90M157 East Humber Drive$2.19M

The 4 closest active listings nearby.

See all comparable homes
2.00MThis home1.85M1.75M1.90M2.19MThis home vs active comparables
Live market pulseActive comparables in King City · median list $1.90M
$727this home / sqft
8active listings nearby
27days on market

This home lists 2% above the area average of $716/sqft.

6 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

59/ 100

WalkableA 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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: King Rd / Stan Roots St, about 304 m away

13 transit stops15 dining3 parks3 pharmacies

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 · 0.9 km awayAbove the GTA average · 75% meet the provincial standard

Affordability & Mortgage

Affordability
$9,111/mo
$371KIncome needed
5.4×Price ÷ income
$2,102Weekly 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 $9,111Property tax $685Total carry $9,796

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)
$8,534per month

Mortgage amount $1,599,200 · 4.14% over 25 years

$399,800Down payment (20.0%)
$1,599,200Loan before insurance
$0CMHC premium
$9,219Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,534
Property tax
$685
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,219

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

One-time closing costs

Ontario land transfer tax
$36,455
Estimated closing costs
$36,455

Plus your down payment of $399,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$10,365/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

$960,977Total interest paid
$2,560,177Total of all payments
Principal $1,599,200 Interest $960,977
YearPrincipalInterestBalance
1$37,464$64,943$1,561,736
2$39,031$63,376$1,522,705
3$40,663$61,744$1,482,042
4$42,364$60,043$1,439,678
5$44,136$58,271$1,395,542
6$45,982$56,425$1,349,559
7$47,906$54,501$1,301,653
8$49,910$52,497$1,251,744
9$51,997$50,410$1,199,746
10$54,172$48,235$1,145,574
11$56,438$45,969$1,089,136
12$58,799$43,608$1,030,337
13$61,258$41,149$969,078
14$63,821$38,586$905,258
15$66,490$35,917$838,767
16$69,271$33,136$769,496
17$72,169$30,238$697,327
18$75,188$27,219$622,139
19$78,333$24,074$543,806
20$81,609$20,798$462,197
21$85,023$17,384$377,174
22$88,579$13,828$288,595
23$92,284$10,123$196,311
24$96,144$6,263$100,166
25$100,166$2,241$0

At the end of your 5-year term

Total paid over the term
$512,035
Principal paid down
$203,658
Interest paid
$308,377
Balance remaining
$1,395,542

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$5,250/mo
$63,000Gross annual rent
2.3%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.

3.2%
Gross yield
− Property tax $8,219− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $46,451

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

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