97 Chuck Ormsby Crescent, King, ON

King City, King · MLS® N13494284

$2,977,000
For Sale
Listed 21 days ago
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5Bedrooms
7Bathrooms
3Garage · 12 parking
3500-5000Sq Ft

About this home

Welcome To This Extraordinary Bungaloft In The Prestigious King Oaks Luxury Estate Community. The Perfect Blend Of Luxury, Prime Location, And Flexible Multi-Generational Living. Just Steps To King City GO And Featuring Innovative Interiors By Award-Winning Designer Brian Gluckstein. Offering Over 7,000 Sq Ft Of Beautifully Finished Living Space, This Rare And Meticulously Maintained Residence Is A True Forever Home. Soaring 10 Ft Ceilings On The Main Floor Rise To Dramatic 21 Ft Cathedral Ceilings In The Family Room, Creating A Grand Yet Warmly Inviting Atmosphere Throughout. Five Spacious Bedrooms Each Feature Their Own Private Ensuite - The Primary A Luxurious 5-Piece With Neptune Freestanding Soaker Tub, Hansgrohe Fixtures, Frameless Glass Shower, And Marble Tile. The Custom AYA Chef's Kitchen Features Sub-Zero, Wolf, And Asko Appliances, Quartz Countertops, Centre Island, And Opens To A Breakfast Area With Walkout To 30 Ft X 15 Ft Upper Floor Deck Overlooking The Backyard. Step Into The Finnish-Manufactured Enclosed Glass Sunroom Opening To A Composite Deck With Glass Railing. The Professionally Finished Walkout Basement Offers 2,845 Sq Ft Of Premium Living Space Including A Second AYA Kitchen With Quartz Island, An Expansive Rec Room With Fireplace And Walkout To Yard, Media Room With Custom Wet Bar, Full Washroom, And Professional Interlocking Stonework Throughout - Ideal For Multi-Generational Living Or Rental Income. Attached Triple Car Garage, Nine-Car Driveway, No Sidewalk, Top-Ranked Schools, Transit, And Hwy 400.

Key facts

Property type
Detached, Bungaloft
MLS®
N13494284
Bedrooms
5
Bathrooms
7 (1 half)
Size
3500-5000
Lot
66.67 × 164.18 ft
Cross streets
Keele & King Rd
Parking
3 garage · 12 parking (attached)
Driveway
Private Triple
Basement
Finished with Walk-Out
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick Front
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$15,523 / 2025
Days on market
21
Listing brokerage
T-ONE GROUP REALTY INC.,

Rooms

Family RoomMain4.97 × 4.81 m

hardwood floor · cathedral ceiling(s) · open concept

RecreationBasement11.59 × 10.07 m
KitchenBasement6.05 × 5.35 m

centre island · quartz counter · pot lights

Primary BedroomMain4.58 × 4.34 m

5 pc ensuite · his and hers closets · walk-in closet(s)

Bedroom 2Main4.40 × 3.40 m

4 pc ensuite · large window · hardwood floor

Dining RoomMain4.69 × 3.69 m

hardwood floor · wainscoting · coffered ceiling(s)

Media RoomBasement4.65 × 4.42 m
BreakfastMain8.88 × 4.69 m

w/o to deck · overlooks backyard · combined w/kitchen

SunroomMain6.40 × 3.61 m

large window · overlooks backyard · tile floor

Bedroom 3Main4.69 × 3.06 m

hardwood floor · 4 pc ensuite · walk-in closet(s)

Bedroom 5Upper4.60 × 3.96 m

hardwood floor · 4 pc ensuite · large window

KitchenMain8.88 × 4.69 m

centre island · open concept · quartz counter

Living RoomMain4.36 × 3.69 m

hardwood floor · wainscoting · pot lights

Bedroom 4Upper4.31 × 4.07 m

hardwood floor · 4 pc ensuite · his and hers closets

Moe’s TakeTeam Asgarian · Broker
In the wider range
$3.29Mest. value

Listed at $2,977,000, 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 50 similar homes nearby, adjusted for size, beds, and baths.Median of 50 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.43M, 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 $3.40M
  • Bathrooms +$15K
  • Adjusts to $3.41M

That comparable adjusts to $3.41M; the $3.29M estimate above is the median of all 50 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. Keele St / Sculptors GT is about a 2-minute walk away.

List price
$2.89MGreat deal$3.91MOverpriced

Total price vs nearby homes. Fair value about $3.29M, median of 50 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.

  • Walk-out basement: natural light and strong in-law or income potential.
  • 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.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Income potential
  • Value driver
  • Worth verifying
Comparable listingsCurrently listed nearby in King City · asking prices
$3.50Mavg asking

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

28 James Stokes Court$3.89M1 Ria Court$2.75M80 Carmichael Crescent$3.95M87 Chuck Ormsby Crescent$3.40M178 Patton Street$3.50M

The 5 closest of 8 active listings nearby.

See all comparable homes
2.98MThis home3.89M2.75M3.95M3.40M3.50MThis home vs active comparables
Live market pulseActive comparables in King City · median list $2.85M
$700this home / sqft
51active listings nearby
21days on market

This home lists 18% below the area average of $857/sqft.

0 days faster 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

41/ 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: Keele St / Sculptors GT, about 189 m away

20+ transit stops9 dining6 parks2 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
Nobleton
$2.20M
Pottageville
$2.16M
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 · 1.5 km awayAbove the GTA average · 75% meet the provincial standard

Affordability & Mortgage

Affordability
$13,568/mo
$561KIncome needed
5.3×Price ÷ income
$3,131Weekly 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.

91%mortgage
Mortgage $13,568Property tax $1,294Total carry $14,862

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)
$12,709per month

Mortgage amount $2,381,600 · 4.14% over 25 years

$595,400Down payment (20.0%)
$2,381,600Loan before insurance
$0CMHC premium
$14,003Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$12,709
Property tax
$1,294
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$14,003

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

One-time closing costs

Ontario land transfer tax
$60,900
Estimated closing costs
$60,900

Plus your down payment of $595,400. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$15,436/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

$1,431,130Total interest paid
$3,812,730Total of all payments
Principal $2,381,600 Interest $1,431,130
YearPrincipalInterestBalance
1$55,793$96,717$2,325,807
2$58,126$94,383$2,267,681
3$60,558$91,951$2,207,123
4$63,091$89,418$2,144,032
5$65,730$86,779$2,078,303
6$68,479$84,030$2,009,824
7$71,344$81,166$1,938,480
8$74,328$78,182$1,864,152
9$77,437$75,072$1,786,716
10$80,676$71,833$1,706,040
11$84,050$68,459$1,621,989
12$87,566$64,943$1,534,423
13$91,229$61,280$1,443,195
14$95,045$57,464$1,348,150
15$99,020$53,489$1,249,130
16$103,162$49,347$1,145,967
17$107,477$45,032$1,038,490
18$111,973$40,536$926,517
19$116,657$35,853$809,861
20$121,536$30,973$688,324
21$126,620$25,889$561,705
22$131,916$20,593$429,788
23$137,434$15,075$292,354
24$143,183$9,327$149,172
25$149,172$3,337$0

At the end of your 5-year term

Total paid over the term
$762,546
Principal paid down
$303,297
Interest paid
$459,249
Balance remaining
$2,078,303

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
2.1%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.

3.0%
Gross yield
− Property tax $15,523− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $61,575

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

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