2320 LLOYDTOWN-AURORA Road, King, ON

Rural King, King · MLS® N13488830

$1,699,000
For Sale
Listed 112 days agoNo offer date stated
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4Bedrooms
4Bathrooms
1Garage · 7 parking
2000-2500Sq ft

About this home

In short

  • EXPERIENCE THE PERFECT BLEND OF PEACEFUL COUNTRY LIVING AND CONVENIENT CITY ACCESS IN THIS BRIGHT AND AIRY WELL-MAINTAINED 4 BEDROOM BUNGALOFT WITH A FINISHED...
  • NESTLED ON A PICTURESQUE 1.7-ACRE LOT SURROUNDED BY MATURE TREES FOR ADDED PRIVACY, THIS INVITING HOME OFFERS EXCEPTIONAL SPACE AND COMFORT FOR THE WHOLE FAMILY.
  • THE SPACIOUS GREAT ROOM FEATURES BEAUTIFUL HARDWOOD FLOORS, WHILE THE CHARMING BREAKFAST NOOK OPENS ONTO A LARGE DECK - PERFECT FOR MORNING COFFEE OR ENTERTAINING...
  • THE PRIVATE LOFT-STYLE PRIMARY RETREAT INCLUDES AN UPDATED 5-PIECE ENSUITE AND A WALK-IN CLOSET, CREATING A RELAXING ESCAPE.
  • THREE ADDITIONAL BEDROOMS ALSO FEATURE HARDWOOD FLOORING AND THEIR OWN ENSUITES, OFFERING COMFORT AND CONVENIENCE FOR FAMILY MEMBERS OR GUESTS.

EXPERIENCE THE PERFECT BLEND OF PEACEFUL COUNTRY LIVING AND CONVENIENT CITY ACCESS IN THIS BRIGHT AND AIRY WELL-MAINTAINED 4 BEDROOM BUNGALOFT WITH A FINISHED BASEMENT AND DIRECT GARAGE ENTRY. NESTLED ON A PICTURESQUE 1.7-ACRE LOT SURROUNDED BY MATURE TREES FOR ADDED PRIVACY, THIS INVITING HOME OFFERS EXCEPTIONAL SPACE AND COMFORT FOR THE WHOLE FAMILY. THE SPACIOUS GREAT ROOM FEATURES BEAUTIFUL HARDWOOD FLOORS, WHILE THE CHARMING BREAKFAST NOOK OPENS ONTO A LARGE DECK - PERFECT FOR MORNING COFFEE OR ENTERTAINING OUTDOORS. THE PRIVATE LOFT-STYLE PRIMARY RETREAT INCLUDES AN UPDATED 5-PIECE ENSUITE AND A WALK-IN CLOSET, CREATING A RELAXING ESCAPE. THREE ADDITIONAL BEDROOMS ALSO FEATURE HARDWOOD FLOORING AND THEIR OWN ENSUITES, OFFERING COMFORT AND CONVENIENCE FOR FAMILY MEMBERS OR GUESTS. ADDITIONAL HIGHLIGHTS INCLUDE A SEPARATE LAUNDRY ROOM, ATTACHED GARAGE, DRILLED WELL AND (2) SEPARATE 200-AMP ELECTRICAL PANELS, INCLUDING ONE LOCATED IN THE GARAGE. IDEALLY SITUATED JUST MINUTES FROM HIGHWAY 400, FAMILY-FRIENDLY ACTIVITIES, AND THE MANY AMENITIES OF AURORA AND NEWMARKET. THIS EXCEPTIONAL PROPERTY OFFERS THE PERFECT BALANCE OF COUNTRY LIVING AND CONVENIENT ACCESS TO EVERYTHING YOU NEED.

Key facts

Property type
Detached, Bungaloft
MLS®
N13488830
Bedrooms
4
Bathrooms
4 (1 half)
Size
2000-2500 sq ft
Lot
230 × 318 ft
Cross streets
LLOYDTOWN-AURORA RD & KEELE ST
Parking
1 garage · 7 parking (attached)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Vinyl Siding
Foundation
Block
Roof
Asphalt Shingle
Sewer
Septic
Property tax
$7,627 / 2025
Days on market
112
Listing brokerage
SUTTON GROUP - SUMMIT REALTY INC.

Rooms

Bedroom 2Ground2.74 × 2.74 m

hardwood floor · closet

Bedroom 4Ground4.00 × 3.70 m

2 pc ensuite · hardwood floor · closet

RecreationLower7.00 × 5.50 m

Broadloom

Living RoomGround7.60 × 5.80 m

Broadloom

KitchenGround3.35 × 4.60 m

Tile Floor

Family RoomGround4.60 × 4.90 m

Hardwood Floor

Bedroom 3Ground4.60 × 4.00 m

3 pc ensuite · hardwood floor · closet

LaundryLower3.40 × 4.90 m

Tile Floor

BreakfastGround3.35 × 3.35 m

Tile Floor

Primary BedroomSecond5.80 × 4.60 m

4 pc ensuite · broadloom · walk-in closet(s)

Our TakeTeam Asgarian · Broker
A discount is typical here
$1.63Mlikely sale price

Listed at $1,699,000. Going by how homes in Rural King and the wider GTA have actually closed against their asking prices (about 96%, 13 local closings in 90 days), the likely sale price is near $1.63M, if it sells. A realistic range is $1.52M to $1.83M.

Independent value check: $1.72M. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $1.61M and $1.80M).

Why $1.72M. The typical detached home sold in Rural King over the past year went for about $2.33M (40 sales). What sets this one apart:

  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $7,627 a year; the typical home sold here pays about $8,900.
  • ▼ Lowers itIt is 2,000 to 2,500 sq ft; the typical home sold here is 2,500 to 3,000.
  • ▼ Lowers it1 garage and 7 total parking spaces, against 3 and 5 typically.
  • ▼ Lowers it slightlyIts lot is 230 by 318 ft; the typical lot sold here is 257 by 446.
List price
$1.52MBelow recent closings$1.83MAbove recent closings

Total price vs nearby homes. Likely closing about $1.63M, from 13 recent closings in this pocket.

The market behind the math:

13sold nearby · 90 days
$2.10Mmedian sold price
91%of asking, on average
+31%prices vs a year ago
~58 dayshomes like this take to sell
112days on market so far
$4,213/moest. rent · 7 leases
3.0%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 10.2 months of inventory: 44 detached homes for sale in the area against 13 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $755/sqft against an area asking average of $1,043/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 13 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.87M. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

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

Based on 13 comparable homes that sold in Rural King over the past two years, from 110 closings there.

What sellers nearby are askingCurrently listed nearby in Rural King · asking prices
$1.73Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.72M, which is where my estimate comes from.

Per square foot, these ask about $787/sqft; this home lists at $755/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.70MThis home1.74M1.30M1.68M2.35M1.59MThis home vs active comparables

Sold price trend

Median sold price for detached homes in King: $1.81M in September 2026, down 10% from a year ago, on 183 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. King as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$2.20M17
November 2025$2.25M22
December 2025$1.90M12
January 2026$1.82M9
February 2026$2.26M8
March 2026$1.91M16
April 2026$1.60M14
May 2026$1.80M21
June 2026$2.57M15
July 2026$2.00M15
August 2026$1.83M17
September 2026$1.81M17

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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Pottageville
$2.07M
King City
$2.86M
Schomberg
$2.15M
Nobleton
$2.08M

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

Affordability
$7,743/mo
$318KIncome needed
5.3×Price ÷ income
$1,787Weekly cost
$30,455Land transfer tax, one-time (Ontario)
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.

92%mortgage
Mortgage $7,743Property tax $636Total carry $8,379

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.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,515per month

Mortgage amount $1,359,200 · 4.49% over 25 years

$339,800Down payment (20.0%)
$1,359,200Loan before insurance
$0CMHC premium
$8,151Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,515
Property tax
$636
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,151

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

One-time closing costs

Ontario land transfer tax
$30,455
Estimated closing costs
$30,455

Plus your down payment of $339,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$9,096/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

$895,375Total interest paid
$2,254,575Total of all payments
Principal $1,359,200 Interest $895,375
YearPrincipalInterestBalance
1$30,332$59,851$1,328,868
2$31,709$58,474$1,297,160
3$33,148$57,035$1,264,011
4$34,654$55,529$1,229,358
5$36,227$53,956$1,193,131
6$37,872$52,311$1,155,259
7$39,591$50,592$1,115,668
8$41,389$48,794$1,074,279
9$43,268$46,915$1,031,011
10$45,233$44,950$985,778
11$47,286$42,897$938,492
12$49,433$40,750$889,058
13$51,678$38,505$837,380
14$54,024$36,159$783,356
15$56,477$33,706$726,879
16$59,041$31,142$667,838
17$61,722$28,461$606,115
18$64,525$25,658$541,591
19$67,454$22,729$474,136
20$70,517$19,666$403,619
21$73,719$16,464$329,901
22$77,066$13,117$252,835
23$80,565$9,618$172,270
24$84,223$5,960$88,047
25$88,047$2,136$0

At the end of your 5-year term

Total paid over the term
$450,915
Principal paid down
$166,069
Interest paid
$284,846
Balance remaining
$1,193,131

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
From 7 whole-home leases in Rural King$4,213/mo
$50,556Gross annual rent
2.1%Cap rate after taxes and upkeep
$3,876 to $4,623Typical rent range

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 7 whole-home leases in Rural King signed at a median of $3,512 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,213. 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.

3.0%
Gross yield
− Property tax $7,627− Insurance $1,400− Vacancy & upkeep $5,561Net operating income $35,968

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

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