203-2075 King Road, King, ON
King City, King · MLS® N13472236
About this home
In short
- Brand New Beautiful 2 Bedroom, 2 Bathroom + Den South-Facing Unit Available in the New King Terraces Condos.
- Highway 400 is also easily accessible, and driving to downtown Toronto takes approximately 40 minutes.
- Do not miss the opportunity to own one of the largest units in the building.
Brand New Beautiful 2 Bedroom, 2 Bathroom + Den South-Facing Unit Available in the New King Terraces Condos. The development is a flagship mid-rise luxury residential building by Zancor Homes. King City offers local dining and shopping options are within walking distance. The building is near parklands, nature trails, and the Oak Ridges Moraine. King City Memorial Park is also nearby, offering a splash pad, tennis court, and playground. The King City GO Station is nearby, providing easy access to transit. Highway 400 is also easily accessible, and driving to downtown Toronto takes approximately 40 minutes. Several top-ranking schools, such as The Country Day School and St Thomas Of Villanova College School, are located within walking distance. Do not miss the opportunity to own one of the largest units in the building.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- N13472236
- Bedrooms
- 2+1 (3 total)
- Bathrooms
- 2
- Size
- 900-999 sq ft
- Cross streets
- King Rd & Keele St
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Fan Coil
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $770/mo
- Exposure
- South
- Days on market
- 116
- Listing brokerage
- RE/MAX EXPERTS
Rooms
electric fireplace · w/o to balcony · bay window
closet · laminate · overlook patio
walk-in closet(s) · 4 pc ensuite · laminate
laminate · halogen lighting
panelled · custom backsplash · combined w/dining
Listed at $920,000 with no offer date. Going by how homes here have actually closed against their asks, the likely sale price is $903K, typically $851K to $977K. Comparable closings on their own put this home around $817K, about 11% below the ask.
Total price vs nearby homes. Likely closing about $903K, from 6 recent closings in this pocket.
The market behind the math:
About 6 months of inventory: 12 condo apartment homes for sale in the area against 6 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $969/sqft against an area asking average of $846/sqft.
How this estimate is builtthe short version
I take the 6 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call.
What the listing highlights1 point to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Development potential: upside only if zoning permits, verify with the city before relying on it. Worth verifying
Based on 6 comparable homes that sold in King City over the past two years, from 20 closings there.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $753/sqft; this home lists at $969/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesNeighbourhood & location
King City, King, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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) →
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.
Mortgage amount $736,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,069
- Estimated property tax
- $575
- Condo / maintenance fees
- $770
- Heating
- $0
- Estimated monthly cost
- $5,414
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $14,875
- Estimated closing costs
- $14,875
Plus your down payment of $184,000. 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
- $244,168
- Principal paid down
- $89,926
- Interest paid
- $154,243
- Balance remaining
- $646,074
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 49 whole-home leases in King City signed at a median of $2,520 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,182. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX EXPERTS. MLS®/PropTx.