111 Norman Drive, King, ON
King City, King · MLS® N13567660
About this home
In short
- Welcome To 111 Norman Drive, A Beautifully Renovated Sidesplit Nestled In One Of King City's Most Established And Sought-After Neighbourhoods.
- This Exceptional 3-Bedroom Home Has Been Extensively Rebuilt From The Studs Between, Blending Timeless Design With Modern Luxury.
- Enjoy An Open-Concept Layout Featuring Hardwood Flooring, Vaulted Ceilings, A Designer Kitchen With Quartz Countertops, Centre Island, And Premium Appliances...
- Both Bathrooms Feature Heated Floors, While Smart-Home Wiring, In-Ceiling Surround Sound, Central Vacuum, Security Cameras, Water Softener, And Reverse Osmosis System...
- The Insulated Garage Includes 30-Amp/240V Service, Perfect For EV Charging Or A Workshop.
Welcome To 111 Norman Drive, A Beautifully Renovated Sidesplit Nestled In One Of King City's Most Established And Sought-After Neighbourhoods. This Exceptional 3-Bedroom Home Has Been Extensively Rebuilt From The Studs Between, Blending Timeless Design With Modern Luxury. Enjoy An Open-Concept Layout Featuring Hardwood Flooring, Vaulted Ceilings, A Designer Kitchen With Quartz Countertops, Centre Island, And Premium Appliances Including A La Cornue Induction Range And Dacor Built-In Refrigerator. The Spacious Lower-Level Rec Room Offers Additional Living Space With Above-Grade Windows And Pot Lights. Every Detail Has Been Thoughtfully Upgraded, Including New Electrical, Plumbing, HVAC, Furnace, A/C, Spray Foam Insulation, Windows, Shingles And Waterproofed Foundation. Both Bathrooms Feature Heated Floors, While Smart-Home Wiring, In-Ceiling Surround Sound, Central Vacuum, Security Cameras, Water Softener, And Reverse Osmosis System Add Everyday Comfort And Convenience. The Insulated Garage Includes 30-Amp/240V Service, Perfect For EV Charging Or A Workshop. Situated On A Generous 92' x 163' Lot With Parking For Four Vehicles, This Turnkey Home Offers Luxury, Quality Craftsmanship And An Unbeatable King City Location.
Key facts
- Property type
- Detached, Sidesplit 3
- MLS®
- N13567660
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 1100-1500 sq ft
- Lot
- 91.69 × 163.1 ft
- Cross streets
- Keele St/King Rd
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $7,619 / 2026
- Days on market
- 92
- Listing brokerage
- CAPITAL NORTH REALTY CORPORATION
Rooms
hardwood floor · large window · wainscoting
hardwood floor · large window · vaulted ceiling(s)
hardwood floor · w/o to yard · vaulted ceiling(s)
hardwood floor · large window
hardwood floor · above grade window · pot lights
hardwood floor · centre island · quartz counter
hardwood floor · large window · b/i closet
Listed at $1,788,000. 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 $1.73M, if it sells. A realistic range is $1.62M to $1.95M.
Independent value check: $1.56M. Without looking at the asking price, our model values the home itself about 13% below the ask (homes like it typically land between $1.47M and $1.64M).
Why $1.56M. 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 $7,619 a year; the typical home sold here pays about $12,600.
- ▼ Lowers it stronglyIt is 1,100 to 1,500 sq ft; the typical home sold here is 3,500 to 5,000.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
- ▼ Lowers it3 bedrooms and 2 baths, against 4+1 and 4 typically.
Longer on the market than typical. 92 days on the market against about 43 for homes like it here, and asking 14% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $1.73M, from 17 recent closings in this pocket.
The market behind the math:
About 6.4 months of inventory: 36 detached homes for sale in the area against 17 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $1,375/sqft against an area asking average of $977/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 $1.89M. 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.
- 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
- Heated floors: comfort and a premium-finish signal. Lifestyle
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Open-concept layout: modern, sought-after flow. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in King City, so I widened the search to the surrounding area.
Based on 17 comparable homes that sold in King City over the past two years, from 121 closings there.
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 $1.56M, which is where my estimate comes from.
Per square foot, these ask about $1,296/sqft; this home lists at $1,375/sqft. Size is part of the price story, not just the sticker.
The 5 closest active listings nearby.
See all comparable homesSold 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.
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
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $2.20M | 17 |
| November 2025 | $2.25M | 22 |
| December 2025 | $1.90M | 12 |
| January 2026 | $1.82M | 9 |
| February 2026 | $2.26M | 8 |
| March 2026 | $1.91M | 16 |
| April 2026 | $1.60M | 14 |
| May 2026 | $1.80M | 21 |
| June 2026 | $2.57M | 15 |
| July 2026 | $2.00M | 15 |
| August 2026 | $1.83M | 17 |
| September 2026 | $1.81M | 17 |
Neighbourhood & 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) →
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 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.
Mortgage amount $1,430,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,909
- Property tax
- $635
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,544
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $32,235
- Estimated closing costs
- $32,235
Plus your down payment of $357,600. 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
- $474,536
- Principal paid down
- $174,768
- Interest paid
- $299,767
- Balance remaining
- $1,255,632
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 14 whole-home leases in King City signed at a median of $3,529 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,090. 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 CAPITAL NORTH REALTY CORPORATION. MLS®/PropTx.