14426 Jane Street, King, ON

Rural King, King · MLS® N13487216

$1,365,000
For Sale
Listed 22 days ago
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5Bedrooms
3Bathrooms
6Garage · 10 parking
1500-2000Sq Ft

About this home

Attention Contractors, Car Enthusiasts, Landscapers, Tradespeople & Small Business Owners! Rare opportunity to own a property with an impressive approximately 1,250 sq. ft. detached shop featuring its own 100-amp electrical service. Whether you're looking for a workshop, storage for equipment and vehicles, hobby space, or a place to operate your business from home, this versatile shop offers endless possibilities. Situated on a generous 70' x 296' lot with excellent access to Highway 400, this property combines residential comfort with exceptional utility. The spacious two-storey home offers 4 bedrooms, a main bathroom, and a convenient 2-piece powder room. The finished basement features a separate entrance and a 5-piece bathroom, providing excellent potential for extended family, in-law accommodation, or additional living space. The expansive backyard offers plenty of room for parking, equipment storage, recreational vehicles, and outdoor enjoyment. Properties offering this combination of a family-sized home, oversized lot, and substantial detached shop are seldom available. If you've been searching for a property where your business, hobby, or passion project can thrive right from home, this is the opportunity you've been waiting for. Conveniently located with quick access to Highway 400, commuting is effortless . A unique live-work opportunity with the shop space that today's tradespeople and hobbyists are searching for.

Key facts

Property type
Detached, 2-Storey
MLS®
N13487216
Bedrooms
5 (4 + 1)
Bathrooms
3 (1 half)
Size
1500-2000
Lot
70 × 296 ft
Cross streets
Jane/16th Sideroad
Parking
6 garage · 10 parking (detached)
Driveway
Circular Drive
Basement
Apartment, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
None
Exterior
Brick
Foundation
Block
Roof
Asphalt Shingle
Sewer
Septic
Property tax
$5,450 / 2025
Days on market
22
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

Bedroom 4Second4.31 × 3.47 m

broadloom · closet

KitchenBasement3.53 × 3.11 m

Cushion Floor

Bedroom 2Second3.28 × 3.60 m

broadloom · double closet

Family RoomBasement7.43 × 4.45 m

Broadloom

Living RoomGround6.88 × 4.79 m

laminate · w/o to deck · fireplace

Primary BedroomSecond4.31 × 3.66 m

broadloom · double closet

KitchenGround3.82 × 3.67 m

tile floor · eat-in kitchen · overlooks family

Bedroom 3Second3.05 × 2.93 m

broadloom · double closet

Family RoomGround4.29 × 3.82 m

tile floor · w/o to deck

Moe’s TakeTeam Asgarian · Broker
In the wider range
$1.66Mest. value

Listed at $1,365,000, 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 $1.58M, a close match. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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 $2.40M
  • Bathrooms −$15K
  • Adjusts to $2.38M

That comparable adjusts to $2.38M; the $1.66M 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, this is a more car-dependent spot, so buyers here typically drive. Seneca College Stop # 1706 is about a 44-minute walk away. Worth weighing if transit access matters to you.

List price
$819KGreat deal$2.92MOverpriced

Total price vs nearby homes. Fair value about $1.66M, 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.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Income potential
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$2.03Mavg asking

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

1103 Graham Side Road$1.70M22 Adelia Place$2.15M280 Kettleby Road$2.40M140 Hill Farm Road$1.87M

The 4 closest active listings nearby.

See all comparable homes
1.36MThis home1.70M2.15M2.40M1.87MThis home vs active comparables
Live market pulseActive comparables in Rural King · median list $4.00M
$780this home / sqft
21active listings nearby
22days on market

This home lists 36% below the area average of $1,213/sqft.

1 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

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 # 1706, about 3.5 km away

1 dining2 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.

King City
$2.81M
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 · 4.6 km awayAbove the GTA average · 75% meet the provincial standard

Affordability & Mortgage

Affordability
$6,221/mo
$254KIncome needed
5.4×Price ÷ income
$1,436Weekly 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 $6,221Property tax $454Total carry $6,675

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%
$
%
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)
$5,827per month

Mortgage amount $1,092,000 · 4.14% over 25 years

$273,000Down payment (20.0%)
$1,092,000Loan before insurance
$0CMHC premium
$6,281Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,827
Property tax
$454
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,281

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

One-time closing costs

Ontario land transfer tax
$23,775
Estimated closing costs
$23,775

Plus your down payment of $273,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7,078/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

$656,195Total interest paid
$1,748,195Total of all payments
Principal $1,092,000 Interest $656,195
YearPrincipalInterestBalance
1$25,582$44,346$1,066,418
2$26,652$43,276$1,039,766
3$27,767$42,161$1,012,000
4$28,928$41,000$983,072
5$30,138$39,790$952,934
6$31,399$38,529$921,535
7$32,712$37,216$888,823
8$34,080$35,847$854,742
9$35,506$34,422$819,236
10$36,991$32,937$782,245
11$38,538$31,389$743,707
12$40,150$29,777$703,557
13$41,830$28,098$661,727
14$43,579$26,348$618,147
15$45,402$24,525$572,745
16$47,301$22,626$525,444
17$49,280$20,648$476,164
18$51,341$18,587$424,822
19$53,489$16,439$371,333
20$55,726$14,202$315,607
21$58,057$11,871$257,550
22$60,486$9,442$197,065
23$63,016$6,912$134,049
24$65,651$4,276$68,398
25$68,398$1,530$0

At the end of your 5-year term

Total paid over the term
$349,639
Principal paid down
$139,066
Interest paid
$210,573
Balance remaining
$952,934

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$3,150/mo
$37,800Gross annual rent
2.0%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.

2.8%
Gross yield
− Property tax $5,450− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $26,792

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

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