14480 Dufferin Street, King, ON

Rural King, King · MLS® N13603924

$2,850,000
For Sale
Listed 87 days agoNo offer date statedSitting longer than typical
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About this home

In short

  • Property has been reviewed for potential new building permit application and had been previously approved by the Toronto Region Conservation Authority to permit such use.
  • Property fronts on 16th Side Road.

Property has been reviewed for potential new building permit application and had been previously approved by the Toronto Region Conservation Authority to permit such use. Property fronts on 16th Side Road. A new GAS SERVICE is available upon proper application being made by Buyer and it will be sized in accordance with requirements of new build.

Key facts

Property type
Other, Other
MLS®
N13603924
Lot
395.83 × 510.39 ft
Cross streets
Dufferin Street & 16th Line
Property tax
$3,319 / 2025
Days on market
87
Listing brokerage
CITY COMMERCIAL REALTY GROUP LTD.
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

Neighbourhood & location

Rural King, King, ON

CommuteTime from this home to where you spend your day

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Nearby neighbourhoods

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

King City
$2.52M
Pottageville
$1.30M
Nobleton
$2.24M
Schomberg
$836K

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
$12,989/mo
$501KIncome needed
5.7×Price ÷ income
$2,998Weekly cost
$57,725Land 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.

98%mortgage
Mortgage $12,989Property tax $277Total carry $13,266

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$12,607per month

Mortgage amount $2,280,000 · 4.49% over 25 years

$570,000Down payment (20.0%)
$2,280,000Loan before insurance
$0CMHC premium
$12,883Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$12,607
Property tax
$277
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12,883

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

One-time closing costs

Ontario land transfer tax
$57,725
Estimated closing costs
$57,725

Plus your down payment of $570,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$15,258/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

$1,501,953Total interest paid
$3,781,953Total of all payments
Principal $2,280,000 Interest $1,501,953
YearPrincipalInterestBalance
1$50,880$100,398$2,229,120
2$53,190$98,088$2,175,930
3$55,605$95,673$2,120,325
4$58,130$93,148$2,062,195
5$60,769$90,509$2,001,426
6$63,528$87,750$1,937,898
7$66,413$84,865$1,871,485
8$69,428$81,850$1,802,057
9$72,580$78,698$1,729,477
10$75,876$75,402$1,653,601
11$79,321$71,957$1,574,280
12$82,922$68,356$1,491,357
13$86,687$64,591$1,404,670
14$90,623$60,655$1,314,047
15$94,738$56,540$1,219,309
16$99,040$52,239$1,120,269
17$103,536$47,742$1,016,733
18$108,237$43,041$908,495
19$113,152$38,126$795,344
20$118,289$32,989$677,054
21$123,660$27,618$553,394
22$129,275$22,003$424,120
23$135,144$16,134$288,975
24$141,280$9,998$147,695
25$147,695$3,583$0

At the end of your 5-year term

Total paid over the term
$756,391
Principal paid down
$278,574
Interest paid
$477,817
Balance remaining
$2,001,426

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$2,650/mo
$31,800Gross annual rent
0.8%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.

1.1%
Gross yield
− Property tax $3,319− Insurance $1,400− Vacancy & upkeep $3,498Net operating income $23,583

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

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