8 King Boulevard, King, ON

King City, King · MLS® N13512108

$1,725,000
For Sale
Listed 105 days agoNo offer date stated
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4+1Bedrooms
5Bathrooms
2Garage · 6 parking
3000-3500Sq ft

About this home

In short

  • Welcome to Lucky Number 8 King Boulevard, an elegant fully renovated home in a peaceful residential pocket of King City.
  • Step inside to soaring 10 foot ceilings, abundant natural light, and above average finishes throughout.
  • The gourmet kitchen is a showpiece with custom cabinetry, a stylish backsplash, a large quartz countertop with a breakfast bar, and a bright breakfast area...
  • Step outside to the backyard oasis with a charming pergola, perfect for relaxing or entertaining.
  • Double car garage, 10 ft ceilings, Custom kitchen, Main Floor Office, Gas and electric fireplaces, Loft and laundry upstairs, Finished basement with media area and...

Welcome to Lucky Number 8 King Boulevard, an elegant fully renovated home in a peaceful residential pocket of King City. Perfectly positioned across from a school park with no neighbours in front, this home blends comfort and style. Step inside to soaring 10 foot ceilings, abundant natural light, and above average finishes throughout. The gourmet kitchen is a showpiece with custom cabinetry, a stylish backsplash, a large quartz countertop with a breakfast bar, and a bright breakfast area overlooking the backyard. The family room is warm and inviting with a gas fireplace, built in shelves, and surround sound speakers. The dining room features an electric fireplace that creates a refined setting for entertaining. A formal office with French doors adds flexibility and elegance. Upstairs, the oversized primary bedroom includes his and hers walk in closets, with one offering custom built ins and a secure safe. The second bedroom has its own 3 piece bathroom, while bedrooms three and four share a 4 piece bathroom with double sinks. An open loft and convenient laundry room complete the upper level.The finished basement offers a spacious recreation area currently set up as a home gym and media room with a projector screen and surround sound. A private bedroom and 3 piece bathroom provide space for guests or extended family.Step outside to the backyard oasis with a charming pergola, perfect for relaxing or entertaining. Families will love the quiet setting, top rated schools, nearby trails, parks, local shops, cafés, and easy access to transit and major routes.This exceptional home combines thoughtful design, quality upgrades, and an unbeatable location in the heart of King City.Double car garage, 10 ft ceilings, Custom kitchen, Main Floor Office, Gas and electric fireplaces, Loft and laundry upstairs, Finished basement with media area and gym, Pergola, 5 Minute Drive to the GO Station, 3 Minutes to The King City Arena & Community Centre.

Key facts

Property type
Detached, 2-Storey
MLS®
N13512108
Bedrooms
4+1 (5 total)
Bathrooms
5 (1 half)
Size
3000-3500 sq ft
Lot
40.26 × 98.8 ft
Cross streets
King Rd & Keele Street
Parking
2 garage · 6 parking (built-in)
Driveway
Private Double
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$9,107 / 2025
Days on market
105
Listing brokerage
REMAX YOUR COMMUNITY REALTY

Rooms

Bedroom 3Second3.63 × 3.89 m

Hardwood Floor

KitchenMain5.28 × 5.23 m

breakfast area · quartz counter · custom backsplash

Dining RoomMain4.88 × 3.63 m

hardwood floor · open concept

RecreationBasement8.81 × 8.20 m

3 pc bath · laminate · open concept

OfficeMain3.07 × 2.74 m

french doors · hardwood floor

Bedroom 4Second3.63 × 3.89 m

hardwood floor · b/i closet

LoftSecond3.43 × 3.43 m

hardwood floor · cathedral ceiling(s) · open concept

Primary BedroomSecond5.36 × 5.16 m

5 pc ensuite · his and hers closets · hardwood floor

LaundrySecond2.74 × 1.80 m
Bedroom 5Basement5.56 × 3.00 m

Laminate

Family RoomMain5.36 × 3.35 m

fireplace · b/i shelves · hardwood floor

Bedroom 2Second3.61 × 3.94 m

hardwood floor · 3 pc bath

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.67Mlikely sale price

Listed at $1,725,000. Going by how homes in King City and the wider GTA have actually closed against their asking prices (about 97%, 17 local closings in 90 days), the likely sale price is near $1.67M, if it sells. A realistic range is $1.56M to $1.88M.

Independent value check: $1.82M. Without looking at the asking price, our model values the home itself about 6% above the ask (homes like it typically land between $1.71M and $1.91M).

Why $1.82M. The typical detached home sold in King City over the past year went for about $2.28M (67 sales). What sets this one apart:

  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $9,107 a year; the typical home sold here pays about $12,600.
  • ▼ Lowers itIts lot is 40 by 99 ft; the typical lot sold here is 83 by 148.
  • ▼ Lowers itIt is 3,000 to 3,500 sq ft; the typical home sold here is 3,500 to 5,000.
  • ▲ Raises it slightlyThe listing describes it as fully renovated or newly built.
List price
$1.56MBelow recent closings$1.88MAbove recent closings

Total price vs nearby homes. Likely closing about $1.67M, from 17 recent closings in this pocket.

The market behind the math:

17sold nearby · 90 days
$2.25Mmedian sold price
95%of asking, on average
−9%prices vs a year ago
~35 dayshomes like this take to sell
105days on market so far
$5,585/moest. rent · 14 leases
3.9%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 4.1 months of inventory: 23 detached homes for sale in the area against 17 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 $531/sqft against an area asking average of $659/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 17 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $2.20M. Condition and finishes remain an in-person call.

What the listing highlights5 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
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Primary suite: a key comfort and resale feature. Lifestyle

Based on 17 comparable homes that sold in King City over the past two years, from 121 closings there.

What sellers nearby are askingCurrently listed nearby in King City · asking prices
$2.29Mavg 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 $1.82M, which is where my estimate comes from.

Per square foot, these ask about $705/sqft; this home lists at $531/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.73MThis home2.10M2.18M2.60MThis 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

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.

Nearby neighbourhoods

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

Rural King
$4.41M
Pottageville
$2.07M
Nobleton
$2.08M
Schomberg
$2.15M

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
$7,862/mo
$327KIncome needed
5.3×Price ÷ income
$1,814Weekly cost
$30,975Land 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.

91%mortgage
Mortgage $7,862Property tax $759Total carry $8,621

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)
$7,630per month

Mortgage amount $1,380,000 · 4.49% over 25 years

$345,000Down payment (20.0%)
$1,380,000Loan before insurance
$0CMHC premium
$8,389Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,630
Property tax
$759
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,389

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

One-time closing costs

Ontario land transfer tax
$30,975
Estimated closing costs
$30,975

Plus your down payment of $345,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$9,235/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

$909,077Total interest paid
$2,289,077Total of all payments
Principal $1,380,000 Interest $909,077
YearPrincipalInterestBalance
1$30,796$60,767$1,349,204
2$32,194$59,369$1,317,010
3$33,656$57,907$1,283,355
4$35,184$56,379$1,248,171
5$36,781$54,782$1,211,389
6$38,451$53,112$1,172,938
7$40,197$51,366$1,132,741
8$42,022$49,541$1,090,719
9$43,930$47,633$1,046,788
10$45,925$45,638$1,000,864
11$48,010$43,553$952,854
12$50,190$41,373$902,664
13$52,469$39,094$850,195
14$54,851$36,712$795,344
15$57,341$34,222$738,003
16$59,945$31,618$678,058
17$62,667$28,896$615,391
18$65,512$26,051$549,879
19$68,487$23,077$481,392
20$71,596$19,967$409,796
21$74,847$16,716$334,949
22$78,245$13,318$256,704
23$81,798$9,765$174,906
24$85,512$6,051$89,394
25$89,394$2,169$0

At the end of your 5-year term

Total paid over the term
$457,815
Principal paid down
$168,611
Interest paid
$289,205
Balance remaining
$1,211,389

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 14 whole-home leases in King City$5,585/mo
$67,020Gross annual rent
2.8%Cap rate after taxes and upkeep
$5,286 to $6,095Typical rent range
~21 daysTo find a tenant, on average

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 14 whole-home leases in King City signed at a median of $5,920 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,585. 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.

3.9%
Gross yield
− Property tax $9,107− Insurance $1,400− Vacancy & upkeep $7,372Net operating income $49,140

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

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