49 Norman Drive, King, ON
King City, King · MLS® N13570816
About this home
Welcome home to 49 Norman Drive! This modern architectural masterpiece presents a rare and unique offering blending refined luxury and clean contemporary lines in the heart of King City. The custom front opens to a bright, open concept layout featuring large custom windows, functional sightlines and oak hardwood flooring thru-out the living space. The reimagined Chef's Kitchen designed by Muti Kitchens is an entertainers delight boasting sleek custom cabinetry, a large center island with honed granite counters and a cascading waterfall. Complimented further by top-of-the-line Miele appliances and an extended breakfast table area. The spacious dining area is the perfect setting for hosting dinner soirees and seamlessly flows into the outdoor Loggia area, where guests can enjoy after-dinner cocktails overlooking the gorgeous backyard oasis. The large, bright living room features a beautiful, vaulted ceiling and a large, picturesque window offering stunning views of the backyard oasis. A two-sided gas Fireplace adds warmth & coziness for evening relaxation. The stunning backyard oasis provides the perfect backdrop for summer entertaining with family & friends, featuring a 15x28ft inground saltwater pool and a cedar-finished Cabana outfitted with a 4pc bathroom & kitchenette. The manicured landscaped grounds and loggia area offer a serene setting for al fresco dining. The Primary bedroom includes access to a spa-inspired semi-ensuite with heated floors, porcelain slab walls, floating vanities, and a zero-entry shower. The lower level provides additional living space with a large recreational room, an office and a 4-pc bath. Located in close proximity to numerous amenities with easy access to Hwy 400 & the King City GO Station. Steps to beautiful restaurants/shops and top-rated schools (Villanova, Country Day School). King Valley & Kings Riding Golf Clubs & the New Zancor Recreational Center. Your refined luxury lifestyle awaits at 49 Norman Dr in King City!
Key facts
- Property type
- Detached, Sidesplit 3
- MLS®
- N13570816
- Bedrooms
- 3
- Bathrooms
- 4 (1 half)
- Size
- 2000-2500
- Lot
- 75 × 128 ft
- Cross streets
- Keele Street and King Road
- Parking
- 2 garage · 8 parking (attached)
- Driveway
- Private
- Basement
- Crawl Space, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Hardboard, Stucco (Plaster)
- Foundation
- Concrete, Concrete Block
- Roof
- Asphalt Shingle, Flat
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $8,485 / 2025
- Days on market
- 1
- Listing brokerage
- ROYAL LEPAGE PREMIUM ONE REALTY
Rooms
open concept · gas fireplace · 4 pc bath
hardwood floor · coffered ceiling(s) · b/i desk
gas fireplace · vaulted ceiling(s) · overlooks pool
hardwood floor · b/i bar · sliding doors
b/i desk · pot lights · hardwood floor
hardwood floor · combined w/kitchen · large window
hardwood floor · walk-in closet(s) · window
hardwood floor · semi ensuite · b/i closet
modern kitchen · centre island · granite counters
Listed at $2,348,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. 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 35 similar homes nearby, adjusted for size, beds, and baths.Median of 35 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.98M, a bit higher. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
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 $3.90M
- Bathrooms +$15K
- Adjusts to $3.91M
That comparable adjusts to $3.91M; the $1.78M estimate above is the median of all 35 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.
Its public catchment (King City PS) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. King Rd / Doctors Lane is about a 7-minute walk away.
Total price vs nearby homes. Fair value about $1.78M, median of 35 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.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Heated floors: comfort and a premium-finish signal.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- 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.
- Value driver
- Lifestyle
- Weigh carefully
- Worth verifying
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 1% above the area average of $1,035/sqft.
20 days faster than the King average (21 days).
View comparable listingsPrice per square foot vs the area average.
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.
Getting around
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.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: King Rd / Doctors Lane, about 554 m 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 $1,878,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $10,024
- Property tax
- $707
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $10,731
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $45,175
- Estimated closing costs
- $45,175
Plus your down payment of $469,600. 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
- $601,430
- Principal paid down
- $239,215
- Interest paid
- $362,216
- Balance remaining
- $1,639,185
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 ROYAL LEPAGE PREMIUM ONE REALTY. MLS®/PropTx.