81 Parkheights Trail, King, ON
Nobleton, King · MLS® N13560282
About this home
Welcome to this truly one-of-a-kind bungaloft in the heart of Nobelton, perfectly situated on a premium 61-foot pie-shaped lot. Designed for both everyday comfort and effortless entertaining, this exceptional home features a bright, open-concept main floor with soaring ceilings that create the airy feel of a luxury new build. The heart of the home is the beautifully updated chef's kitchen, seamlessly connected to the spacious dining area and inviting family room, an ideal space for gathering with family and friends. The main floor office can easily be converted to a formal dining room should that suit your lifestyle, The thoughtfully designed main floor also offers the convenience of a luxurious primary suite and an additional bedroom, allowing for comfortable one-level living without the need to climb stairs. Upstairs, the versatile loft level includes two generous bedrooms connected by a convenient Jack-and-Jill bathroom, providing the perfect space for family or guests. The fully finished lower level is an entertainer's dream and a true extension of the home's living space. Enjoy movie nights in the dedicated home theatre, challenge friends in the games area, stay active in the exercise room, or unwind in the spa-inspired retreat featuring a newly built sauna and a full 3-piece bathroom. Two additional bedrooms complete the lower level, offering exceptional flexibility for extended family, guests, or a home office. This rare bungaloft combines sophisticated design, functional living, and outstanding space in one of Nobelton's most sought-after neighbourhoods, a unique opportunity that is not to be missed.
Key facts
- Property type
- Detached, Bungaloft
- MLS®
- N13560282
- Bedrooms
- 6 (4 + 2)
- Bathrooms
- 6 (1 half)
- Size
- 3000-3500
- Lot
- 61.25 × 149.5 ft
- Cross streets
- Hwy 27/King Rd
- Parking
- 2 garage · 4 parking (built-in)
- Driveway
- Private
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone, Stucco (Plaster)
- Foundation
- Other
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $9,825 / 2025
- Days on market
- 3
- Listing brokerage
- PROPERTY.CA INC.
Rooms
broadloom · pot lights · combined w/rec
hardwood floor · fireplace · w/o to deck
hardwood floor · double closet · semi ensuite
broadloom · pot lights
hardwood floor · closet organizers · window
tile floor · laundry sink · w/o to garage
5 pc ensuite · his and hers closets · walk-in closet(s)
hardwood floor · combined w/living
renovated · stainless steel appl · eat-in kitchen
hardwood floor · b/i shelves · french doors
hardwood floor · closet · semi ensuite
broadloom · closet · semi ensuite
broadloom · double closet · semi ensuite
French Doors
Listed at $1,889,000, this home is tracking about 16% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 14 similar homes nearby, adjusted for size, beds, and baths.Median of 14 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.30M, a close match.
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 $2.29M
- Bathrooms +$30K
- Adjusts to $2.32M
That comparable adjusts to $2.32M; the $2.25M estimate above is the median of all 14 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. Islington Av / Bell Crt is about a 94-minute walk away.
Total price vs nearby homes. Fair value about $2.25M, median of 14 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Open-concept layout: modern, sought-after flow.
- Value driver
- Worth verifying
- 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 23% below the area average of $752/sqft.
18 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: Islington Av / Bell Crt, about 7.5 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 $1,511,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8,064
- Property tax
- $819
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,883
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $34,255
- Estimated closing costs
- $34,255
Plus your down payment of $377,800. 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
- $483,859
- Principal paid down
- $192,452
- Interest paid
- $291,408
- Balance remaining
- $1,318,748
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 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 PROPERTY.CA INC.. MLS®/PropTx.