179 Ellis Avenue, King, ON

Nobleton, King · MLS® N13540924

$1,850,000
For Sale
Listed 103 days agoNo offer date statedSitting longer than typical
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3+1Bedrooms
4Bathrooms
2Garage · 12 parking
3000-3500Sq ft

About this home

In short

  • 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...
  • 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...
  • 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.
  • Outside, the beautifully landscaped, fully fenced yard features an inground pool, patio, deck, and treehouse that the kids will love.

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
3+1 (4 total)
Bathrooms
4 (1 half)
Size
3000-3500 sq ft
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
103
Listing brokerage
RE/MAX WEST REALTY INC.

Rooms

Family RoomMain5.58 × 4.30 m

Sunken Room

Living RoomMain4.48 × 4.39 m

Sunken Room

KitchenMain5.76 × 4.57 m

Walk-Out

Bedroom 2Second3.57 × 4.27 m

Closet Organizers

KitchenBasement8.84 × 4.30 m

walk-out · b/i microwave · b/i oven

Bedroom 3Second2.10 × 3.23 m

combined w/sitting · large window

Bedroom 3Second3.54 × 5.27 m

large window · ensuite bath

RecreationBasement4.39 × 4.91 m

Fireplace

BedroomBasement5.22 × 3.11 m
Dining RoomMain3.08 × 4.69 m
FoyerMain3.08 × 2.70 m
Our TakeTeam Asgarian · Broker
A discount is typical here
$1.76Mlikely sale price

Listed at $1,850,000. Going by how homes in Nobleton and the wider GTA have actually closed against their asking prices (about 95%, 19 local closings in 90 days), the likely sale price is near $1.76M, if it sells. A realistic range is $1.65M to $1.99M.

Independent value check: $1.76M. Without looking at the asking price, our model values the home itself about 5% below the ask (homes like it typically land between $1.65M and $1.85M).

Why $1.76M. The typical detached home sold in Nobleton over the past year went for about $1.82M (54 sales). On tax assessment, size, rooms and lot, this one is close to that typical home.

Longer on the market than typical. 103 days on the market against about 38 for homes like it here, and asking 5% above where comparable closings put it.

List price
$1.65MBelow recent closings$1.99MAbove recent closings

Total price vs nearby homes. Likely closing about $1.76M, from 19 recent closings in this pocket.

The market behind the math:

19sold nearby · 90 days
$1.85Mmedian sold price
92%of asking, on average
−7%prices vs a year ago
~27 dayshomes like this take to sell
103days on market so far
$4,572/moest. rent · 13 leases
3.0%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.1 months of inventory: 13 detached homes for sale in the area against 19 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 $569/sqft against an area asking average of $550/sqft.

  • Walk-out basement apartment features. A finished 1 bed walk-out basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Nobleton: 5 of the 40 detached leases here lately were basement units, around $2,100 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the Town of King.
  • Inground pool. Priced into the comparison on the assumption it is clean and modern. A pool costs more to build than resale pays back, and condition is the in-person call.
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 19 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.62M. 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.

  • Walk-out basement: natural light and strong in-law or income potential. Income potential
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($569/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 19 comparable homes that sold in Nobleton over the past two years, from 98 closings there.

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

Nobleton, 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.

Schomberg
$2.30M
Pottageville
$1.69M
King City
$2.85M
Rural King
$4.30M

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
$8,432/mo
$349KIncome needed
5.3×Price ÷ income
$1,946Weekly cost
$33,475Land 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 $8,432Property tax $777Total carry $9,209

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$8,183per month

Mortgage amount $1,480,000 · 4.49% over 25 years

$370,000Down payment (20.0%)
$1,480,000Loan before insurance
$0CMHC premium
$8,960Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,183
Property tax
$777
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,960

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

6.49%Qualifying rate
$9,904/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

$974,952Total interest paid
$2,454,952Total of all payments
Principal $1,480,000 Interest $974,952
YearPrincipalInterestBalance
1$33,027$65,171$1,446,973
2$34,527$63,671$1,412,446
3$36,095$62,104$1,376,351
4$37,733$60,465$1,338,618
5$39,447$58,751$1,299,171
6$41,238$56,960$1,257,934
7$43,110$55,088$1,214,824
8$45,067$53,131$1,169,756
9$47,114$51,084$1,122,643
10$49,253$48,945$1,073,390
11$51,489$46,709$1,021,901
12$53,827$44,371$968,074
13$56,271$41,927$911,803
14$58,826$39,372$852,978
15$61,497$36,701$791,481
16$64,289$33,909$727,192
17$67,208$30,990$659,984
18$70,259$27,939$589,725
19$73,449$24,749$516,276
20$76,784$21,414$439,491
21$80,271$17,928$359,221
22$83,915$14,283$275,306
23$87,725$10,473$187,581
24$91,708$6,490$95,872
25$95,872$2,326$0

At the end of your 5-year term

Total paid over the term
$490,990
Principal paid down
$180,829
Interest paid
$310,162
Balance remaining
$1,299,171

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 13 whole-home leases in Nobleton$4,572/mo
$54,864Gross annual rent
2.1%Cap rate after taxes and upkeep
$4,335 to $4,914Typical rent range
~9 daysTo find a tenant, on average

The suite is real income here: basements rent in Nobleton (5 of 40 recent detached leases were basement units, around $2,100 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $2,100 a month on top of the upper floors. Permitted use is worth confirming with the city.

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 13 whole-home leases in Nobleton signed at a median of $4,751 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,572. 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 $9,326− Insurance $1,400− Vacancy & upkeep $6,035Net operating income $38,103

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

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