179 Ellis Avenue, King, ON
Nobleton, King · MLS® N13540924
About this home
Experience resort-style living in one of the most desirable estate communities in prestigious Noble ton. Set on an impressive 100 x 250 ft lot (approximately half an acre), this exceptional 3+1 bedroom, 4-bathroom home offers a fully finished walk-out basement and a private backyard oasis with an inground pool. The thoughtfully and custom designed interior features a dramatic sunken living room with floor-to-ceiling windows, a chef- inspired kitchen, center island, and a concrete walkout to the deck (45' x 12'), plus a welcoming family room with a waffle ceiling, fireplace, and peaceful pool views. The spacious primary suite includes a walk-in closet and private ensuite, while the bright solarium is ideal for a home office or fitness space. The finished walk-out basement is perfectly suited for extended family or entertaining, complete with a second kitchen, large family room with fireplace, additional bedroom, and direct access to the backyard. Outside, the beautifully landscaped, fully fenced yard features an inground pool, patio, deck, and treehouse that the kids will love. An exclusive circular driveway, attached two-car garage, and ample parking space add convenience and curb appeal. Additional highlights include pot lights, custom tilework, central air conditioning, and central vacuum. This is a rare opportunity to own a remarkable family home in one of Noble ton's most desirable communities.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13540924
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 4 (1 half)
- Size
- 3000-3500
- Lot
- 100.08 × 250.22 ft
- Cross streets
- King Rd/ Highway 27
- Parking
- 2 garage · 12 parking (attached)
- Basement
- Finished with Walk-Out, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster)
- Foundation
- Concrete
- Roof
- Flat
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $9,326 / 2025
- Days on market
- 9
- Listing brokerage
- RE/MAX WEST REALTY INC.
Rooms
Sunken Room
Sunken Room
Walk-Out
Closet Organizers
walk-out · b/i microwave · b/i oven
combined w/sitting · large window
large window · ensuite bath
Fireplace
Listed at $1,850,000, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.
Based on 10 similar homes nearby, adjusted for size, beds, and baths.Median of 10 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.09M, higher 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 $2.20M
- Bathrooms −$15K
- Adjusts to $2.18M
That comparable adjusts to $2.18M; the $1.67M estimate above is the median of all 10 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.
The assigned public school is King City SS. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Hwy. 50 @ McEwan Dr. is about a 72-minute walk away.
Total price vs nearby homes. Fair value about $1.67M, median of 10 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.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Primary suite: a key comfort and resale feature.
- Sold as-is / needs work: budget for renovation, the price should reflect the condition.
- Income potential
- Weigh carefully
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 2% above the area average of $559/sqft.
12 days faster than the King average (21 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Nobleton, King, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: Hwy. 50 @ McEwan Dr., about 5.7 km away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). King.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $1,480,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,898
- Property tax
- $777
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,675
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $33,475
- Estimated closing costs
- $33,475
Plus your down payment of $370,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $473,870
- Principal paid down
- $188,478
- Interest paid
- $285,391
- Balance remaining
- $1,291,522
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.
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
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 numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX WEST REALTY INC.. MLS®/PropTx.