14835 Jane Street, King, ON

Rural King, King · MLS® N13599022

$1,950,000
For Sale
Listed 84 days agoNo offer date stated
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4+1Bedrooms
3Bathrooms
2Garage · 10 parking
1500-2000Sq ft

About this home

In short

  • 2 Acres In Prestigious King Township.
  • With 3 Separate Living Areas.
  • Enjoy many outdoor features of this property including the inground pool.
  • Great Opportunity for income property, Builders, and or family looking to be in King combined with privacy on 2 Acres while being close to the City

2 Acres In Prestigious King Township. Flat And Usable Land. This Property Includes An Existing Backsplit Home Currently Designed For Multi-Family Living. With 3 Separate Living Areas. Many Uses; Could be such as Rental/ Income Property, Single Family Home, Or New Build Professional Drawings Completed. Enjoy many outdoor features of this property including the inground pool. Property is Backing On To King Centennial Trails Providing Beautiful Views along with privacy as well as trials for walks and outdoor activates. Great Opportunity for income property, Builders, and or family looking to be in King combined with privacy on 2 Acres while being close to the City

Key facts

Property type
Detached, Backsplit 3
MLS®
N13599022
Bedrooms
4+1 (5 total)
Bathrooms
3
Size
1500-2000 sq ft
Lot
203.9 × 423.6 ft
Cross streets
Jane st and King Road (King City) - North of 16th Side Road
Parking
2 garage · 10 parking (attached)
Driveway
Available, Circular Drive, Front Yard Parking
Basement
Separate Entrance, Walk-Up, Finished
Kitchens
3 (1 + 2)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Septic
Pool
Inground
Property tax
$6,990 / 2025
Days on market
84
Listing brokerage
ROYAL LEPAGE CITIZEN REALTY

Rooms

Primary BedroomMain4.20 × 3.52 m

hardwood floor · double closet · overlooks backyard

Bedroom 3Upper3.41 × 3.22 m

Hardwood Floor

Living RoomMain4.84 × 3.38 m

hardwood floor · large window · combined w/dining

Bedroom 4Upper3.49 × 3.20 m

Hardwood Floor

KitchenMain7.10 × 4.00 m

ceramic floor · renovated · w/o to deck

Dining RoomMain3.83 × 3.23 m
Bedroom 2Upper3.44 × 3.02 m

Hardwood Floor

Family RoomLower6.60 × 4.14 m
Our TakeTeam Asgarian · Broker
A discount is typical here
$1.87Mlikely sale price

Listed at $1,950,000. Going by how homes in Rural King and the wider GTA have actually closed against their asking prices (about 96%, 13 local closings in 90 days), the likely sale price is near $1.87M, if it sells. A realistic range is $1.75M to $2.10M.

Independent value check: $1.89M. Without looking at the asking price, our model values the home itself about 3% below the ask (homes like it typically land between $1.77M and $1.98M).

Why $1.89M. The typical detached home sold in Rural King over the past year went for about $2.33M (40 sales). What sets this one apart:

  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $6,990 a year; the typical home sold here pays about $8,900.
  • ▼ Lowers itIt is 1,500 to 2,000 sq ft; the typical home sold here is 2,500 to 3,000.
List price
$1.75MBelow recent closings$2.10MAbove recent closings

Total price vs nearby homes. Likely closing about $1.87M, from 13 recent closings in this pocket.

The market behind the math:

13sold nearby · 90 days
$2.10Mmedian sold price
91%of asking, on average
+31%prices vs a year ago
~58 dayshomes like this take to sell
84days on market so far
$4,264/moest. rent · 6 leases
2.6%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 9.5 months of inventory: 41 detached homes for sale in the area against 13 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $1,114/sqft against an area asking average of $1,180/sqft.

  • Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. In Rural King basements rarely rent out (2 of 35 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the Town of King.
  • Ravine / green setting. This home sits beside Centennial Park. A premium that comparable-sales math under-prices, so read the estimate as a floor.
  • Inground pool. Priced into the comparison on the assumption it is clean and modern. A pool costs more to build than resale pays back, and condition is the in-person call.
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 13 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.72M. 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Development potential: upside only if zoning permits, verify with the city before relying on it. Worth verifying
Read this with carewhy it’s an estimate, not an appraisal

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

Based on 13 comparable homes that sold in Rural King over the past two years, from 110 closings there.

What sellers nearby are askingCurrently listed nearby in Rural King · asking prices
$1.76Mavg asking

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 $1.89M, which is where my estimate comes from.

Per square foot, these ask about $863/sqft; this home lists at $1,114/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.95MThis home1.36M1.68M1.74M1.70M2.35MThis home vs active comparables

Sold 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.

Oct 25Sep 26

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
MonthMedian soldClosings
October 2025$2.20M17
November 2025$2.25M22
December 2025$1.90M12
January 2026$1.82M9
February 2026$2.26M8
March 2026$1.91M16
April 2026$1.60M14
May 2026$1.80M21
June 2026$2.57M15
July 2026$2.00M15
August 2026$1.83M17
September 2026$1.81M17

Neighbourhood & location

Rural King, 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
$2.86M
Pottageville
$2.07M
Nobleton
$2.08M
Schomberg
$2.15M

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
$8,887/mo
$359KIncome needed
5.4×Price ÷ income
$2,051Weekly cost
$35,475Land 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.

94%mortgage
Mortgage $8,887Property tax $583Total carry $9,470

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.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$8,626per month

Mortgage amount $1,560,000 · 4.49% over 25 years

$390,000Down payment (20.0%)
$1,560,000Loan before insurance
$0CMHC premium
$9,208Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,626
Property tax
$583
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,208

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

One-time closing costs

Ontario land transfer tax
$35,475
Estimated closing costs
$35,475

Plus your down payment of $390,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$10,440/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

$1,027,652Total interest paid
$2,587,652Total of all payments
Principal $1,560,000 Interest $1,027,652
YearPrincipalInterestBalance
1$34,813$68,694$1,525,187
2$36,393$67,113$1,488,794
3$38,046$65,461$1,450,749
4$39,773$63,733$1,410,976
5$41,579$61,927$1,369,397
6$43,467$60,039$1,325,930
7$45,440$58,066$1,280,490
8$47,503$56,003$1,232,986
9$49,660$53,846$1,183,326
10$51,915$51,591$1,131,411
11$54,272$49,234$1,077,139
12$56,736$46,770$1,020,402
13$59,312$44,194$961,090
14$62,005$41,501$899,085
15$64,821$38,685$834,264
16$67,764$35,742$766,500
17$70,841$32,665$695,659
18$74,057$29,449$621,602
19$77,420$26,087$544,183
20$80,935$22,571$463,248
21$84,609$18,897$378,638
22$88,451$15,055$290,187
23$92,467$11,039$197,720
24$96,666$6,841$101,055
25$101,055$2,452$0

At the end of your 5-year term

Total paid over the term
$517,530
Principal paid down
$190,603
Interest paid
$326,927
Balance remaining
$1,369,397

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
From 6 whole-home leases in Rural King$4,264/mo
$51,168Gross annual rent
1.9%Cap rate after taxes and upkeep
$3,687 to $4,668Typical rent range

About the suite: in Rural King basements rarely rent out (2 of 35 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.

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

Talk about the numbers

The last 6 whole-home leases in Rural King signed at a median of $4,275 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,264. 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.

2.6%
Gross yield
− Property tax $6,990− Insurance $1,400− Vacancy & upkeep $5,628Net operating income $37,150

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

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