1 Ria Court, King, ON

King City, King · MLS® N13475302

$2,750,000
For Sale
Listed 25 days ago
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5Bedrooms
6Bathrooms
2Garage · 7 parking
3500-5000Sq Ft

About this home

Luxurious Custom Residence in the Prestigious Castles of King! This elegant showpiece was inspired by the Model Home and upgraded with all the bells and whistles, offering approx 5,000sq/ft of exquisite living space with 5 bedrooms, 6 bathrooms, and refined finishes throughout. Designed for todays lifestyle, the home features soaring 10 ft ceilings on the main, 9 ft ceilings on the second and basement levels, and a dramatic cathedral living room that creates a sense of grandeur.The thoughtfully planned layout includes two main-floor offices, ideal for working from home, and four spacious bedrooms upstairs, each with its own ensuite for ultimate comfort and privacy. Retreat to the spa-inspired primary ensuite with Calacatta porcelain finishes, frameless glass shower, freestanding soaker tub, and marble counters. The chefs kitchen is a true masterpiece, boasting Wolf and Frigidaire appliances, a Marvel beverage centre, Bosch dishwasher, Sharp microwave drawer, Blanco Silgranit sink, and Calacatta quartz counters. The kitchen also features a large built-in breakfast table! Elegant 5 hand-scraped hardwood, crown moulding, custom millwork, and smart-home upgrades elevate every space. Outdoors, over $150,000 was invested in professional landscaping including stone walkways, a composite deck, two gazebos, outdoor fireplace table, sprinkler system, and gas lines for both BBQ and fireplace. A stone and brick elevation, 2-car garage plus 5-car driveway, and security cameras complete this remarkable property! See the feature sheet attached for a full list of everything this exquisite home has to offer!A true masterpiece of luxury and sophistication, this exceptional home offers unparalleled comfort in one of the most sought-after neighborhoods in prime King city location!

Key facts

Property type
Detached, 2-Storey
MLS®
N13475302
Bedrooms
5 (4 + 1)
Bathrooms
6 (1 half)
Size
3500-5000
Lot
67.71 × 115.83 ft
Cross streets
Dufferin & King Rd
Parking
2 garage · 7 parking (built-in)
Basement
Full, Partially Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$10,139 / 2025
Days on market
25
Listing brokerage
ROYAL TEAM REALTY INC.

Rooms

Bedroom 2Second3.35 × 3.90 m

3 pc ensuite · hardwood floor · bay window

Dining RoomMain3.66 × 4.57 m

coffered ceiling(s) · large window · open concept

Living RoomMain3.96 × 4.27 m

large window · hardwood floor · glass doors

BreakfastMain5.37 × 3.66 m

combined w/kitchen · centre island · french doors

Great RoomMain4.45 × 5.67 m

fireplace · hardwood floor · open concept

LibraryMain3.35 × 3.20 m

hardwood floor · coffered ceiling(s) · window

Bedroom 3Second3.96 × 3.05 m

3 pc ensuite · bay window · hardwood floor

Bedroom 4Second3.35 × 4.24 m

cathedral ceiling(s) · hardwood floor · 4 pc ensuite

Primary BedroomSecond6.00 × 3.96 m

5 pc ensuite · juliette balcony · walk-in closet(s)

KitchenMain5.37 × 3.05 m

centre island · marble counter · modern kitchen

Moe’s TakeTeam Asgarian · Broker
In the wider range
$2.97Mest. value

Listed at $2,750,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.

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 20 similar homes nearby, adjusted for size, beds, and baths.Median of 20 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.10M, 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 $3.40M
  • Adjusts to $3.40M

That comparable adjusts to $3.40M; the $2.97M estimate above is the median of all 20 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 / Warren Rd is about a 8-minute walk away.

List price
$2.71MGreat deal$3.35MOverpriced

Total price vs nearby homes. Fair value about $2.97M, median of 20 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.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Primary suite: a key comfort and resale feature.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Value driver
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby in King City · asking prices
$4.02Mavg asking

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

87 Chuck Ormsby Crescent$3.40M178 Patton Street$3.50M49 Langdon Drive$2.69M28 James Stokes Court$3.89M2600 17th Sideroad$6.65M

The 5 closest active listings nearby.

See all comparable homes
2.75MThis home3.40M3.50M2.69M3.89M6.65MThis home vs active comparables
Live market pulseActive comparables in King City · median list $3.39M
$647this home / sqft
22active listings nearby
25days on market

This home lists 15% below the area average of $764/sqft.

4 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

46/ 100

Somewhat 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.

Some errands on foot, but most trips need a car.

🚉 Nearest transit: King Rd / Warren Rd, about 632 m away

20+ transit stops20+ dining8 parks4 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
$12,534/mo
$505KIncome needed
5.4×Price ÷ income
$2,892Weekly 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 $12,534Property tax $845Total carry $13,379

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)
$11,740per month

Mortgage amount $2,200,000 · 4.14% over 25 years

$550,000Down payment (20.0%)
$2,200,000Loan before insurance
$0CMHC premium
$12,585Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11,740
Property tax
$845
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12,585

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

One-time closing costs

Ontario land transfer tax
$55,225
Estimated closing costs
$55,225

Plus your down payment of $550,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$14,259/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

$1,322,005Total interest paid
$3,522,005Total of all payments
Principal $2,200,000 Interest $1,322,005
YearPrincipalInterestBalance
1$51,538$89,342$2,148,462
2$53,694$87,186$2,094,767
3$55,940$84,940$2,038,827
4$58,280$82,600$1,980,547
5$60,718$80,162$1,919,829
6$63,258$77,623$1,856,572
7$65,903$74,977$1,790,668
8$68,660$72,220$1,722,008
9$71,532$69,348$1,650,476
10$74,524$66,356$1,575,952
11$77,641$63,239$1,498,311
12$80,889$59,991$1,417,422
13$84,272$56,608$1,333,149
14$87,797$53,083$1,245,352
15$91,470$49,410$1,153,882
16$95,296$45,584$1,058,586
17$99,282$41,598$959,304
18$103,435$37,445$855,869
19$107,761$33,119$748,108
20$112,269$28,611$635,839
21$116,965$23,915$518,874
22$121,857$19,023$397,017
23$126,954$13,926$270,062
24$132,265$8,615$137,797
25$137,797$3,083$0

At the end of your 5-year term

Total paid over the term
$704,401
Principal paid down
$280,171
Interest paid
$424,230
Balance remaining
$1,919,829

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
2.4%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 $10,139− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $66,959

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

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