17520 Keele Street, King, ON

Rural King, King · MLS® N13509248

$2,000,000
For Sale
Listed 16 days ago
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5Bedrooms
4Bathrooms
4Garage · 14 parking
3500-5000Sq Ft

About this home

Nestled on a beautifully landscaped one-acre property overlooking the prestigious Cardinal Golf Course, this extensively renovated Spanish-inspired estate offers approximately 3,850 sq. ft. of thoughtfully designed living space where timeless architecture meets modern comfort. From the moment you enter the private courtyard, you'll appreciate the home's exceptional layout, created to accommodate today's evolving lifestyles. One of its standout features is the fully self-contained secondary living suite on the main level, complete with its own bedroom, full bathroom, kitchen, and laundry. Whether you're accommodating extended family, creating an independent living space for parents or adult children, generating rental income, or operating a private home office with a separate entrance for clients, this flexible design offers endless possibilities. The principal living areas are filled with natural light and overlook the tranquil golf course, flowing seamlessly into a screened Florida room that invites year-round enjoyment. An enclosed sunroom with a hot tub provides the perfect place to relax while taking in the peaceful surroundings. Outdoors, expansive entertaining spaces, a private deck, and a charming water feature create an exceptional setting for both quiet evenings and family gatherings. For hobbyists, entrepreneurs, or tradespeople, the impressive 1,200 sq. ft. detached workshop with oversized doors and 3-phase power is a rare and valuable addition, complemented by an insulated four-car garage with abundant storage. Ideally located just minutes to Newmarket, Highway 400, shopping, restaurants, and everyday conveniences, this unique property offers the perfect balance of luxury, privacy, versatility, and convenience

Key facts

Property type
Detached, 2-Storey
MLS®
N13509248
Bedrooms
5
Bathrooms
4 (1 half)
Size
3500-5000
Lot
215.32 × 375.69 ft
Cross streets
Davis Drive West/Keele Street
Parking
4 garage · 14 parking (detached)
Driveway
Private Double
Basement
None
Heating
Heat Pump
A/C
Other
Exterior
Stucco (Plaster)
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Septic
Property tax
$6,855 / 2025
Days on market
16
Listing brokerage
NEST SEEKERS INTERNATIONAL REAL ESTATE

Rooms

KitchenMain5.59 × 3.38 m
Great RoomMain2.39 × 4.85 m
Bedroom 2Second3.58 × 4.11 m
OfficeMain3.35 × 3.66 m
Primary BedroomSecond4.72 × 4.83 m
Bedroom 4Second3.78 × 2.97 m
Bedroom 3Second3.53 × 4.01 m
Dining RoomMain3.63 × 3.68 m
Living RoomMain4.72 × 6.91 m
BreakfastMain5.59 × 3.38 m
SunroomMain3.71 × 3.81 m
Bedroom 5Main3.66 × 3.30 m
Moe’s TakeTeam Asgarian · Broker
Below comparables
$2.63Mest. value

Listed at $2,000,000, this home is about 24% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

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

Based on 16 similar homes nearby, adjusted for size, beds, and baths.Median of 16 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.38M, 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 $3.36M
  • Bedrooms +$30K
  • Adjusts to $3.39M

That comparable adjusts to $3.39M; the $2.63M estimate above is the median of all 16 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 (Kettleby 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. Newmarket Bus Stop is about a 24-minute walk away. Worth weighing if transit access matters to you.

List price
$2.00MGreat deal$2.89MOverpriced

Total price vs nearby homes. Fair value about $2.63M, median of 16 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.
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits.
  • Income potential
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$2.69Mavg asking

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

32 West Coast Trail$1.87M372 Burns Boulevard$2.89M49 Langdon Drive$2.69M50 Trainor Court$3.30M

The 4 closest active listings nearby.

See all comparable homes
2.00MThis home1.87M2.89M2.69M3.30MThis home vs active comparables
Live market pulseActive comparables in Rural King · median list $4.00M
$471this home / sqft
21active listings nearby
16days on market

5 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

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

13/ 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: Newmarket Bus Stop, about 2.0 km away

2 dining

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.

Pottageville
$2.16M
Schomberg
$1.23M
King City
$2.81M
Nobleton
$2.20M

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 Kettleby PS
82%
Kettleby PSPublic · Elementary · JK-8 · 4.3 km awayAbove the GTA average · 82% meet the provincial standard

Affordability & Mortgage

Affordability
$9,115/mo
$367KIncome needed
5.4×Price ÷ income
$2,104Weekly 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 $9,115Property tax $571Total carry $9,687

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)
$8,538per month

Mortgage amount $1,600,000 · 4.14% over 25 years

$400,000Down payment (20.0%)
$1,600,000Loan before insurance
$0CMHC premium
$9,109Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,538
Property tax
$571
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,109

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

One-time closing costs

Ontario land transfer tax
$36,475
Estimated closing costs
$36,475

Plus your down payment of $400,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$10,370/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

$961,458Total interest paid
$2,561,458Total of all payments
Principal $1,600,000 Interest $961,458
YearPrincipalInterestBalance
1$37,482$64,976$1,562,518
2$39,050$63,408$1,523,467
3$40,684$61,775$1,482,783
4$42,385$60,073$1,440,398
5$44,158$58,300$1,396,240
6$46,005$56,453$1,350,234
7$47,930$54,529$1,302,304
8$49,935$52,524$1,252,370
9$52,023$50,435$1,200,346
10$54,199$48,259$1,146,147
11$56,466$45,992$1,089,681
12$58,828$43,630$1,030,852
13$61,289$41,169$969,563
14$63,853$38,606$905,710
15$66,524$35,935$839,187
16$69,306$33,152$769,881
17$72,205$30,253$697,676
18$75,225$27,233$622,450
19$78,372$24,086$544,078
20$81,650$20,808$462,428
21$85,065$17,393$377,363
22$88,624$13,835$288,739
23$92,331$10,128$196,409
24$96,193$6,266$100,216
25$100,216$2,242$0

At the end of your 5-year term

Total paid over the term
$512,292
Principal paid down
$203,760
Interest paid
$308,531
Balance remaining
$1,396,240

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
3.5%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.

4.4%
Gross yield
− Property tax $6,855− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $70,243

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of NEST SEEKERS INTERNATIONAL REAL ESTATE. MLS®/PropTx.

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