15 Peter Glass Road, King, ON

King City, King · MLS® N13624046

$2,199,999
For Sale
Listed 80 days agoNo offer date stated
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4+1Bedrooms
5Bathrooms
3Garage · 7 parking
3500-5000Sq ft

About this home

In short

  • Magnificent Kingsview Manor Estate.
  • This breathtaking residence sits on a premium ravine lot with no rear neighbours, offering over 6,700 sq. ft. of total living space; nearly 4,500 sq. ft. above grade...
  • With soaring 20-foot ceilings in the main living and family areas, this home is designed to impress at every turn.
  • A gourmet kitchen features custom cabinetry, centre island, walk-in pantry, and a convenient walk-through serveryfully outfitted with premium Wolf and Sub-Zero...
  • The fully finished basement is complete with a wet bar offering full kitchen capability, dual staircases, two hidden cantinas, additional rooms, bathroom, and...

Magnificent Kingsview Manor Estate! This breathtaking residence sits on a premium ravine lot with no rear neighbours, offering over 6,700 sq. ft. of total living space; nearly 4,500 sq. ft. above grade plus over 2,200 sq. ft. of fully finished basement living space. With soaring 20-foot ceilings in the main living and family areas, this home is designed to impress at every turn.The grand foyer with a sweeping half-round staircase opens to a two-storey family room drenched in natural light. A gourmet kitchen features custom cabinetry, centre island, walk-in pantry, and a convenient walk-through serveryfully outfitted with premium Wolf and Sub-Zero appliances. The main floor also includes a dedicated office, as well as a functional mudroom and laundry for everyday convenience.Upstairs, every bedroom is thoughtfully designed with either a private ensuite or semi-ensuite bathroom, walk-in closets, and abundant storage. A den off one of the bedrooms offers a perfect retreat for an office or cozy reading nook. Throughout the upper level, you'll find countless storage closets that ensure the home is as practical as it is luxurious. The master retreat stands apart with a spa-like 5-piece ensuite and dual walk-in closets.The fully finished basement is complete with a wet bar offering full kitchen capability, dual staircases, two hidden cantinas, additional rooms, bathroom, and multiple storage spaces making it the ideal layout for an in-law suite with two private entrances.Outside, the professionally landscaped grounds provide year-round enjoyment with interlock, astro turf, and a basketball court. From hidden storage to luxury finishes, this home truly has it all.

Key facts

Property type
Detached, 2-Storey
MLS®
N13624046
Bedrooms
4+1 (5 total)
Bathrooms
5 (1 half)
Size
3500-5000 sq ft
Lot
65.03 × 147.54 ft
Cross streets
King Road/Jane
Parking
3 garage · 7 parking (built-in)
Driveway
Private
Basement
Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$17,755 / 2025
Days on market
80
Listing brokerage
RE/MAX PREMIER INC.

Rooms

OfficeBasement4.34 × 4.71 m

Vinyl Floor

OfficeMain3.93 × 3.23 m

hardwood floor · crown moulding · window

BreakfastMain5.65 × 4.58 m

porcelain floor · crown moulding · w/o to deck

Dining RoomMain3.94 × 4.83 m

hardwood floor · pot lights · crown moulding

Family RoomMain6.41 × 5.40 m

hardwood floor · pot lights

LoftSecond3.39 × 2.01 m

hardwood floor · window

Bedroom 4Second4.53 × 3.30 m

hardwood floor · 4 pc ensuite · walk-in closet(s)

Living RoomMain3.94 × 4.46 m

hardwood floor · fireplace · open concept

KitchenMain3.62 × 5.40 m

pantry · centre island · quartz counter

RecreationBasement15.84 × 9.33 m

vinyl floor · open concept · wet bar

Bedroom 2Second3.95 × 6.69 m

hardwood floor · semi ensuite · walk-in closet(s)

Primary BedroomSecond6.26 × 4.19 m

his and hers closets · 5 pc ensuite · coffered ceiling(s)

Bedroom 3Second4.14 × 4.56 m

hardwood floor · semi ensuite · double closet

Our TakeTeam Asgarian · Broker
A small discount is typical
$2.12Mlikely sale price

Listed at $2,199,999. Going by how homes in King City and the wider GTA have actually closed against their asking prices (about 97%, 17 local closings in 90 days), the likely sale price is near $2.12M, if it sells. A realistic range is $1.99M to $2.39M.

Independent value check: $2.65M. Without looking at the asking price, our model values the home itself about 20% above the ask (homes like it typically land between $2.48M and $2.78M).

Why $2.65M. The typical detached home sold in King City over the past year went for about $2.28M (67 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $17,755 a year; the typical home sold here pays about $12,600.
  • ▲ Raises it3 garage and 7 total parking spaces, against 2 and 6 typically.
  • ▼ Lowers it slightlyIts lot is 65 by 148 ft; the typical lot sold here is 83 by 148.
List price
$1.99MBelow recent closings$2.39MAbove recent closings

Total price vs nearby homes. Likely closing about $2.12M, from 17 recent closings in this pocket.

The market behind the math:

17sold nearby · 90 days
$2.25Mmedian sold price
95%of asking, on average
−9%prices vs a year ago
~35 dayshomes like this take to sell
80days on market so far
$6,610/moest. rent · 15 leases
3.6%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 5.1 months of inventory: 29 detached homes for sale in the area against 17 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 $518/sqft against an area asking average of $649/sqft.

  • Ravine / green setting. This home is described as backing onto a ravine or green setting. The ravine backing is priced into the comparison. How much it is really worth depends on whether the house sits on table land with the slope well behind it, or drops away right behind it, and that part is my 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 17 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $3.01M. Condition and finishes remain an in-person call.

What the listing highlights5 points to weigh

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

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
Read this with carewhy it’s an estimate, not an appraisal

The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.

Based on 17 comparable homes that sold in King City over the past two years, from 117 closings there.

What sellers nearby are askingCurrently listed nearby in King City · asking prices
$3.38Mavg 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 $2.65M, which is where my estimate comes from.

Per square foot, these ask about $757/sqft; this home lists at $518/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
2.20MThis home3.25M3.39M3.50MThis 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

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.

Nearby neighbourhoods

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

Rural King
$4.30M
Nobleton
$2.28M
Pottageville
$1.69M
Schomberg
$2.30M

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
$10,027/mo
$435KIncome needed
5.1×Price ÷ income
$2,314Weekly cost
$41,475Land 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.

87%mortgage
Mortgage $10,027Property tax $1,480Total carry $11,506

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$9,731per month

Mortgage amount $1,759,999 · 4.49% over 25 years

$440,000Down payment (20.0%)
$1,759,999Loan before insurance
$0CMHC premium
$11,211Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9,731
Property tax
$1,480
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$11,211

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

One-time closing costs

Ontario land transfer tax
$41,475
Estimated closing costs
$41,475

Plus your down payment of $440,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$11,778/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

$1,159,402Total interest paid
$2,919,401Total of all payments
Principal $1,759,999 Interest $1,159,402
YearPrincipalInterestBalance
1$39,276$77,500$1,720,724
2$41,059$75,717$1,679,665
3$42,923$73,853$1,636,741
4$44,872$71,904$1,591,869
5$46,909$69,867$1,544,960
6$49,039$67,737$1,495,920
7$51,266$65,510$1,444,655
8$53,594$63,182$1,391,061
9$56,027$60,749$1,335,034
10$58,571$58,205$1,276,463
11$61,230$55,546$1,215,233
12$64,010$52,766$1,151,223
13$66,917$49,859$1,084,306
14$69,955$46,821$1,014,351
15$73,131$43,645$941,220
16$76,452$40,325$864,769
17$79,923$36,853$784,846
18$83,552$33,224$701,294
19$87,345$29,431$613,949
20$91,311$25,465$522,638
21$95,457$21,319$427,181
22$99,791$16,985$327,391
23$104,322$12,454$223,069
24$109,058$7,718$114,010
25$114,010$2,766$0

At the end of your 5-year term

Total paid over the term
$583,880
Principal paid down
$215,039
Interest paid
$368,841
Balance remaining
$1,544,960

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 15 whole-home leases in King City$6,610/mo
$79,320Gross annual rent
2.3%Cap rate after taxes and upkeep
$6,151 to $7,798Typical rent range
~21 daysTo find a tenant, on average

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 15 whole-home leases in King City signed at a median of $6,855 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $6,610. 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.

3.6%
Gross yield
− Property tax $17,755− Insurance $1,400− Vacancy & upkeep $8,725Net operating income $51,440

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

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