4 Petersen Place, King, ON

Nobleton, King · MLS® N13570492

$1,148,000
For Sale
Listed 92 days agoNo offer date statedSitting longer than typical
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3Bedrooms
3Bathrooms
1Garage · 2 parking
1100-1500Sq ft

About this home

In short

  • Nestled in a highly sought after neighborhood, Freehold Potl Bungaloft Townhome Sits On A Large Lot on a peaceful street.
  • The home boasts Engineered Hardwood flooring throughout, Kitchen & breakfast area with ceramic floors, center island with pendant lighting, Granite Countertops...
  • High Ceiling In The foyer & Living/Dining Room for A Grand Entrance, and gas fireplace.
  • Upstairs 2nd bedroom with hardwood floors, w/l closet with custom closet organizers, large window, ceiling fan and Hunter Douglas window blinds.
  • 3rd bedroom with hardwood floors, double closet, niche for desk area.

Nestled in a highly sought after neighborhood, Freehold Potl Bungaloft Townhome Sits On A Large Lot on a peaceful street. The Home Is 1494 Sq Ft, and includes 3 Bedrooms Plus 3 Baths, With The Primary Bedroom On The Main Floor. 1 Car Garage With Entrance to rear yard, one driveway Parking Spot. A welcoming finished rear yard with patterned concrete area and turf grass for low maintenance. Great for entertaining outdoors!The home boasts Engineered Hardwood flooring throughout, Kitchen & breakfast area with ceramic floors, center island with pendant lighting, Granite Countertops, Custom backsplash, garden door with Hunter Douglas blinds & walkout to rear yard. Main Floor Primary bedroom with double closet and storage closet with organizers and 3 pc ensuite. High Ceiling In The foyer & Living/Dining Room for A Grand Entrance, and gas fireplace. Upstairs 2nd bedroom with hardwood floors, w/l closet with custom closet organizers, large window, ceiling fan and Hunter Douglas window blinds. 3rd bedroom with hardwood floors, double closet, niche for desk area. The Basement partially finished with laundry area, cold cellar, With Large Windows and partially drywalled, ready for your finishing. Great For First Time Buyers Or Downsizers!

Key facts

Property type
Townhouse, 2-Storey
MLS®
N13570492
Bedrooms
3
Bathrooms
3 (1 half)
Size
1100-1500 sq ft
Lot
28.87 × 85.96 ft
Cross streets
Highway 27 & King Road (off Wilsen St)
Parking
1 garage · 2 parking (attached)
Basement
Partially Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,805 / 2025
Days on market
92
Listing brokerage
INTERCITY REALTY INC.

Rooms

Bedroom 3Upper3.70 × 3.00 m

hardwood floor · double closet

BreakfastMain3.40 × 3.30 m

ceramic floor · w/o to yard · eat-in kitchen

Living RoomMain5.00 × 4.20 m

hardwood floor · gas fireplace · combined w/dining

KitchenMain3.58 × 3.30 m

ceramic floor · centre island · granite counters

Primary BedroomMain4.20 × 3.00 m

hardwood floor · 3 pc ensuite · double closet

Bedroom 2Upper6.00 × 3.00 m

hardwood floor · walk-in closet(s) · large window

Our TakeTeam Asgarian · Broker
Ask and recent sales differ
$909Kautomated estimate, from recent sales

Listed at $1,148,000, about 26% above our estimate of $909K (homes like it typically land between $852K and $953K).

Longer on the market than typical. 92 days on the market, and asking 26% above where comparable closings put it.

List price
$852KBelow our range$1.15MAbove our range

Total price vs nearby homes. Fair value about $909K, learned from recent GTA sales.

The market behind the math:

92days on market so far
This home
Below area avgAbove area avg

Price per square foot: this home lists at $883/sqft against an area asking average of $670/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 5 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.10M. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

This listing did not confirm square footage, so I compared on beds, baths, and location instead of size. Confirm the size to sharpen this.

There were not many closely comparable homes right in Nobleton, so I widened the search to the surrounding area.

Based on 5 comparable homes that sold in Nobleton over the past two years, from 6 closings there.

What sellers nearby are askingCurrently listed nearby · asking prices
$1.18Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market. Homes like this one have recently closed around $909K, which is where my estimate comes from.

Per square foot, these ask about $677/sqft; this home lists at $883/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
1.15MThis home1.10M1.17M1.10M1.25M1.30MThis home vs active comparables

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.

King City
$1.26M

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
$5,232/mo
$218KIncome needed
5.3×Price ÷ income
$1,207Weekly cost
$19,435Land 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 $5,232Property tax $484Total carry $5,716

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,078per month

Mortgage amount $918,400 · 4.49% over 25 years

$229,600Down payment (20.0%)
$918,400Loan before insurance
$0CMHC premium
$5,562Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,078
Property tax
$484
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,562

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$19,435
Estimated closing costs
$19,435

Plus your down payment of $229,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,146/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

$604,997Total interest paid
$1,523,397Total of all payments
Principal $918,400 Interest $604,997
YearPrincipalInterestBalance
1$20,495$40,441$897,905
2$21,425$39,511$876,480
3$22,398$38,538$854,082
4$23,415$37,521$830,667
5$24,478$36,458$806,188
6$25,590$35,346$780,599
7$26,752$34,184$753,847
8$27,966$32,970$725,881
9$29,236$31,700$696,645
10$30,563$30,373$666,082
11$31,951$28,985$634,131
12$33,402$27,534$600,729
13$34,918$26,018$565,811
14$36,504$24,432$529,307
15$38,161$22,775$491,146
16$39,894$21,042$451,252
17$41,705$19,231$409,547
18$43,599$17,337$365,948
19$45,578$15,358$320,370
20$47,648$13,288$272,722
21$49,811$11,125$222,911
22$52,073$8,863$170,838
23$54,437$6,499$116,401
24$56,909$4,027$59,493
25$59,493$1,443$0

At the end of your 5-year term

Total paid over the term
$304,679
Principal paid down
$112,212
Interest paid
$192,468
Balance remaining
$806,188

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
Estimate$2,300/mo
$27,600Gross annual rent
1.5%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

2.4%
Gross yield
− Property tax $5,805− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $17,359

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

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