80 Chuck Ormsby Crescent, King, ON
King City, King · MLS® N13556696
About this home
In short
- Tucked away on a private 210-foot deep ravine lot in King City, this updated 4-bedroom home offers a great balance of comfort, function, and outdoor living.
- The professionally landscaped backyard features a pool, cabana, and plenty of space to relax or entertain while overlooking the ravine.
- Inside, the home has been thoughtfully renovated with a practical layout that flows well for both everyday living and hosting.
- The kitchen is equipped with premium Wolf appliances and opens to the main living areas, creating an easy connection throughout the home.
- Located just minutes from King City's top private schools, restaurants, the GO Station, and Highway 400, this home offers the convenience of being close to everyday...
Tucked away on a private 210-foot deep ravine lot in King City, this updated 4-bedroom home offers a great balance of comfort, function, and outdoor living. The professionally landscaped backyard features a pool, cabana, and plenty of space to relax or entertain while overlooking the ravine. Inside, the home has been thoughtfully renovated with a practical layout that flows well for both everyday living and hosting. The kitchen is equipped with premium Wolf appliances and opens to the main living areas, creating an easy connection throughout the home. The 3-car tandem garage provides plenty of space for vehicles, storage, or recreational equipment. Located just minutes from King City's top private schools, restaurants, the GO Station, and Highway 400, this home offers the convenience of being close to everyday amenities while enjoying a peaceful ravine setting.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13556696
- Bedrooms
- 4
- Bathrooms
- 5 (1 half)
- Size
- 3500-5000 sq ft
- Lot
- 60.89 × 210.37 ft
- Cross streets
- Keele St/Sculptors Gate
- Parking
- 3 garage · 7 parking (built-in)
- Driveway
- Private
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone, Brick
- Foundation
- Poured Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $16,313 / 2025
- Days on market
- 70
- Listing brokerage
- THE AGENCY
Rooms
bay window · w/o to patio
centre island · b/i appliances · quartz counter
hardwood floor · formal rm · large window
hardwood floor · large window
hardwood floor · walk-in closet(s) · semi ensuite
hardwood floor · formal rm
hardwood floor · walk-in closet(s) · 5 pc ensuite
hardwood floor · walk-in closet(s) · semi ensuite
hardwood floor · gas fireplace
hardwood floor · walk-in closet(s) · 3 pc ensuite
Listed at $3,388,000. Going by how homes in King City and the wider GTA have actually closed against their asking prices (about 96%, 13 local closings in 90 days), the likely sale price is near $3.26M, if it sells. A realistic range is $3.06M to $3.68M.
Independent value check: $2.79M. Without looking at the asking price, our model values the home itself about 18% below the ask (homes like it typically land between $2.62M and $2.92M).
Why $2.79M. The typical detached home sold in King City over the past year went for about $2.28M (67 sales). What sets this one apart:
- ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $16,313 a year; the typical home sold here pays about $12,600.
- ▲ Raises it3 garage and 7 total parking spaces, against 2 and 6 typically.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
Total price vs nearby homes. Likely closing about $3.26M, from 13 recent closings in this pocket.
The market behind the math:
About 6.7 months of inventory: 29 detached homes for sale in the area against 13 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $797/sqft against an area asking average of $657/sqft.
- Ravine / green setting. This home is described as backing onto a ravine or green setting. The ravine backing is priced into the comparison. How much it is really worth depends on whether the house sits on table land with the slope well behind it, or drops away right behind it, and that part is my in-person call.
- 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 13 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $3.15M. Condition and finishes remain an in-person call.
What the listing highlights4 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
- 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
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
Schools & getting aroundcatchment and transit
Its public catchment (King City PS) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.
Based on 13 comparable homes that sold in King City over the past two years, from 119 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $716/sqft; this home lists at $797/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
King City, King, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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 4.24% via Ratehub.ca (as of September 22, 2026); conventional rates run a little higher.
Mortgage amount $2,710,400 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $14,836
- Property tax
- $1,359
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $16,195
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $71,175
- Estimated closing costs
- $71,175
Plus your down payment of $677,600. 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
- $890,162
- Principal paid down
- $335,121
- Interest paid
- $555,041
- Balance remaining
- $2,375,279
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 20 whole-home leases in King City signed at a median of $6,739 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $6,498. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of THE AGENCY. MLS®/PropTx.