87 Chuck Ormsby Crescent, King, ON

King City, King · MLS® N13577898

$3,395,000
For Sale
Just listed today
5Bedrooms
6Bathrooms
3Garage · 6 parking
3500-5000Sq Ft

About this home

Luxury * Lifestyle * Location. Welcome to an extraordinary custom residence where timeless craftsmanship, cutting-edge technology and resort-inspired living come together in one of King City's most sought-after neighbourhoods. Every inch of this home has been thoughtfully curated with uncompromising attention to detail, offering a truly turnkey luxury lifestyle. From the moment you arrive, the custom wood entry door, award-winning landscaping and exceptional curb appeal set the tone for what awaits inside. Elegant designer lighting, custom millwork, plaster crown moulding, open-riser staircase and sophisticated architectural details elevate every space. The heart of the home seamlessly blends refined living with effortless entertaining. Exquisite gourmet kitchen with servery & WI pantry. Convenient laundry chute from the primary suite walk-in closet to the main floor laundry room. Custom marquee-style home movie theatre brings Hollywood-inspired entertainment and timeless classic charm right into your home for an immersive viewing experience. Modern convenience is woven throughout with whole-home audio, automated lighting and irrigation, security cameras, alarm system and premium smart home technology. Lower level heated floors. Seamless indoor-outdoor living with a bright walkout basement leading to a private resort-style retreat perfect for entertaining and relaxing. Experience a true wellness lifestyle with a private cedar sauna, hot tub, home gym, and resort-style pool. With over $500,000 invested, the southwest-facing backyard is designed for unforgettable experiences and everyday enjoyment with outdoor kitchen, covered dining pavilion, gas fire feature and lush landscaping. 3 car garage with 12' ceiling. Perfectly positioned on a quiet family-friendly street just steps to the GO Train (approximately a 41-minute commute to Union Station), top-rated schools, parks, restaurants and everyday amenities, this exceptional residence delivers the best of luxury living.

Key facts

Property type
Detached, 2-Storey
MLS®
N13577898
Bedrooms
5 (4 + 1)
Bathrooms
6 (1 half)
Size
3500-5000
Lot
57.61 × 141.34 ft
Cross streets
King Rd & Keele St
Parking
3 garage · 6 parking (attached)
Driveway
Private Double
Basement
Finished, Finished with Walk-Out
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Stone
Foundation
Poured Concrete
Roof
Shingles
Sewer
Sewer
Pool
Inground
Property tax
$15,310 / 2025
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

Family RoomGround5.18 × 5.01 m

cathedral ceiling(s) · gas fireplace · large window

KitchenLower4.30 × 3.02 m

heated floor · b/i appliances · b/i appliances

Bedroom 4Second3.90 × 3.57 m

3 pc ensuite · large window · walk-in closet(s)

PantryGround2.36 × 1.80 m

B/I Shelves

Bedroom 3Second3.90 × 3.57 m

3 pc ensuite · large window · walk-in closet(s)

OfficeGround4.61 × 3.57 m

large window · coffered ceiling(s) · 2 way fireplace

Utility RoomLower3.15 × 2.91 m
RecreationLower12.26 × 7.63 m

heated floor · w/o to yard · 3 pc bath

Dining RoomGround4.56 × 3.73 m

built-in speakers · crown moulding · pantry

KitchenGround5.37 × 3.06 m

b/i appliances · centre island · stone counters

Bedroom 2Second4.60 × 3.98 m

3 pc ensuite · large window · walk-in closet(s)

Primary BedroomSecond5.36 × 4.91 m

gas fireplace · w/o to sundeck · walk-in closet(s)

Primary BedroomSecond

5 Pc Ensuite

Living RoomGround3.57 × 3.09 m

large window · crown moulding · 2 way fireplace

Media RoomLower8.08 × 4.05 m

pot lights · built-in speakers · raised floor

BreakfastGround4.89 × 3.67 m

built-in speakers · large window · w/o to sundeck

OtherLower2.77 × 1.73 m
Bedroom 5Lower3.54 × 3.52 m

pot lights · large closet · separate room

Moe’s TakeTeam Asgarian · Broker
Above the wider set
$2.92Mest. value

Listed at $3,395,000, this home is tracking about 16% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run a precise CMA. The number above is my independent estimate of value, not the asking price.

Priced above comparable homes overall, but the price per square foot ($799/sqft) is in line with the area, so you are paying for extra space rather than a premium.

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 20 similar homes nearby, adjusted for size, beds, and baths.Median of 20 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.18M, 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 $3.39M
  • Bedrooms +$30K
  • Bathrooms +$15K
  • Adjusts to $3.43M

That comparable adjusts to $3.43M; the $2.92M estimate above is the median of all 20 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. Keele St / Sculptors GT is about a 3-minute walk away.

List price
$2.71MGreat deal$3.40MOverpriced

Total price vs nearby homes. Fair value about $2.92M, median of 20 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.

  • Walk-out basement: natural light and strong in-law or income potential.
  • 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.
  • Income potential
  • Value driver
  • Lifestyle
  • Weigh carefully
  • Worth verifying
Comparable listingsCurrently listed nearby in King City · asking prices
$3.90Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

178 Patton Street$3.50M1 Ria Court$2.75M49 Langdon Drive$2.69M28 James Stokes Court$3.89M2600 17th Sideroad$6.65M

The 5 closest active listings nearby.

See all comparable homes
3.40MThis home3.50M2.75M2.69M3.89M6.65MThis home vs active comparables
Live market pulseActive comparables in King City · median list $3.28M
$799this home / sqft
22active listings nearby

This home lists 6% above the area average of $757/sqft.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

King City, 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.

Getting around

38/ 100

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: Keele St / Sculptors GT, about 259 m away

20+ transit stops9 dining6 parks2 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Rural King
$2.51M
Nobleton
$2.20M
Pottageville
$2.16M
Schomberg
$1.23M

Typical asking price of active listings of the same type, per area (outliers removed). King.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near King City PS
75%
King City PSPublic · Elementary · JK-8 · 1.6 km awayAbove the GTA average · 75% meet the provincial standard

Affordability & Mortgage

Affordability
$15,473/mo
$632KIncome needed
5.4×Price ÷ income
$3,571Weekly cost
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 $15,473Property tax $1,276Total carry $16,749

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$14,494per month

Mortgage amount $2,716,000 · 4.14% over 25 years

$679,000Down payment (20.0%)
$2,716,000Loan before insurance
$0CMHC premium
$15,769Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$14,494
Property tax
$1,276
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$15,769

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

One-time closing costs

Ontario land transfer tax
$71,350
Estimated closing costs
$71,350

Plus your down payment of $679,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$17,604/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

$1,632,075Total interest paid
$4,348,075Total of all payments
Principal $2,716,000 Interest $1,632,075
YearPrincipalInterestBalance
1$63,627$110,297$2,652,373
2$66,288$107,635$2,586,086
3$69,061$104,862$2,517,025
4$71,949$101,974$2,445,076
5$74,959$98,964$2,370,117
6$78,094$95,829$2,292,022
7$81,361$92,562$2,210,662
8$84,764$89,159$2,125,898
9$88,310$85,613$2,037,588
10$92,003$81,920$1,945,585
11$95,852$78,071$1,849,733
12$99,861$74,062$1,749,872
13$104,038$69,885$1,645,833
14$108,390$65,533$1,537,443
15$112,924$60,999$1,424,520
16$117,647$56,276$1,306,872
17$122,568$51,355$1,184,304
18$127,695$46,228$1,056,609
19$133,036$40,887$923,573
20$138,601$35,322$784,972
21$144,398$29,525$640,573
22$150,438$23,485$490,135
23$156,731$17,192$333,404
24$163,287$10,636$170,117
25$170,117$3,806$0

At the end of your 5-year term

Total paid over the term
$869,615
Principal paid down
$345,883
Interest paid
$523,732
Balance remaining
$2,370,117

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$7,350/mo
$88,200Gross annual rent
1.8%Est. cap rate

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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.

2.6%
Gross yield
− Property tax $15,310− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $61,788

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

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