15600 Weston Road, King, ON

Rural King, King · MLS® N13672242

$1,129,000
For Sale
Listed 63 days agoNo offer date stated
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3Bedrooms
1Bathrooms
2Garage · 12 parking
1100-1500Sq ft

About this home

In short

  • A Rare 5-Acre Opportunity in the Heart of Happy Valley.
  • Tucked away at the end of a long private driveway, this extraordinary 5-acre property offers a rare opportunity to create your dream home in the highly sought-after...
  • The existing home is being sold in "as-is, where-is" condition, with no representations or warranties.
  • Bring your vision and imagine the possibilities-5 private acres, spectacular natural surroundings, wildlife at your doorstep and an opportunity to create something...

A Rare 5-Acre Opportunity in the Heart of Happy Valley!! Tucked away at the end of a long private driveway, this extraordinary 5-acre property offers a rare opportunity to create your dream home in the highly sought-after Happy Valley area of the Oak Ridges Moraine. Surrounded by mature forest, winding trails and abundant wildlife, the setting feels like a private escape-peaceful, secluded and immersed in nature-yet conveniently located just minutes from nearby communities, schools and everyday amenities.The natural beauty of the land is what truly sets this property apart. Step into your own backyard and experience nature year-round, with wildlife frequently passing through and the changing seasons creating an ever-evolving backdrop. A stream winds through the property and, with thoughtful restoration, could once again become a beautiful feature of the landscape. A natural basin, where a pond previously existed, also presents the opportunity to restore a tranquil water feature and create an incredible focal point within the property.Towering mature trees, untouched forest and the privacy afforded by five acres provide an exceptional setting for a custom home, country retreat or peaceful sanctuary surrounded by nature.Known for its rolling terrain, lush forests and protected natural environment, Happy Valley is one of the area's most distinctive and picturesque settings. Opportunities to own a substantial parcel of land in this remarkable location are increasingly difficult to find.Property is being sold for land value only. The existing home is being sold in "as-is, where-is" condition, with no representations or warranties. Pond photos are from previous years and are included to illustrate the property's former appearance and potential.Bring your vision and imagine the possibilities-5 private acres, spectacular natural surroundings, wildlife at your doorstep and an opportunity to create something truly special.

Key facts

Property type
Detached, Bungalow-Raised
MLS®
N13672242
Bedrooms
3
Bathrooms
1
Size
1100-1500 sq ft
Lot
265 × 822 ft
Cross streets
Churchill / Weston Road
Parking
2 garage · 12 parking (other)
Basement
Other
Heating
Other
A/C
None
Exterior
Aluminum Siding
Foundation
Unknown
Roof
Unknown
Sewer
Septic
Property tax
$6,532 / 2025
Days on market
63
Listing brokerage
COLDWELL BANKER THE REAL ESTATE CENTRE
Our TakeTeam Asgarian · Broker
A discount is typical here
$1.08Mlikely sale price

Listed at $1,129,000. 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 $1.08M, if it sells. A realistic range is $1.01M to $1.22M.

Independent value check: $1.15M. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $1.08M and $1.20M).

Why $1.15M. 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 stronglyIt is 1,100 to 1,500 sq ft; the typical home sold here is 2,500 to 3,000.
  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $6,532 a year; the typical home sold here pays about $8,900.
  • ▼ Lowers itThe listing presents it as a home to renovate or rebuild.
  • ▲ Raises itIts lot is 265 by 822 ft; the typical lot sold here is 257 by 446.
List price
$1.01MBelow recent closings$1.22MAbove recent closings

Total price vs nearby homes. Likely closing about $1.08M, 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
63days on market so far
$2,800/moest. rent · 6 leases
3.0%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 7.8 months of inventory: 34 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 $868/sqft against an area asking average of $1,093/sqft.

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 $1.36M. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

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

  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
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 · asking prices
$945kavg 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 $1.15M, which is where my estimate comes from.

Per square foot, these ask about $673/sqft; this home lists at $868/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.13MThis home700k1.00M580k1.34M1.10MThis 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.

Pottageville
$2.07M
King City
$2.86M
Schomberg
$2.15M
Nobleton
$2.08M

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
$5,146/mo
$217KIncome needed
5.2×Price ÷ income
$1,187Weekly cost
$19,055Land 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.

90%mortgage
Mortgage $5,146Property tax $544Total carry $5,690

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%
$
%
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)
$4,994per month

Mortgage amount $903,200 · 4.49% over 25 years

$225,800Down payment (20.0%)
$903,200Loan before insurance
$0CMHC premium
$5,538Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,994
Property tax
$544
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,538

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

One-time closing costs

Ontario land transfer tax
$19,055
Estimated closing costs
$19,055

Plus your down payment of $225,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,044/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

$594,984Total interest paid
$1,498,184Total of all payments
Principal $903,200 Interest $594,984
YearPrincipalInterestBalance
1$20,156$39,772$883,044
2$21,071$38,857$861,974
3$22,027$37,900$839,946
4$23,028$36,900$816,919
5$24,073$35,854$792,846
6$25,166$34,761$767,680
7$26,309$33,619$741,371
8$27,503$32,424$713,867
9$28,752$31,175$685,115
10$30,057$29,870$655,058
11$31,422$28,505$623,636
12$32,849$27,078$590,787
13$34,340$25,587$556,446
14$35,900$24,028$520,547
15$37,530$22,398$483,017
16$39,234$20,694$443,784
17$41,015$18,912$402,769
18$42,877$17,050$359,892
19$44,824$15,103$315,068
20$46,859$13,068$268,209
21$48,987$10,941$219,222
22$51,211$8,716$168,011
23$53,536$6,391$114,475
24$55,967$3,961$58,508
25$58,508$1,419$0

At the end of your 5-year term

Total paid over the term
$299,637
Principal paid down
$110,354
Interest paid
$189,283
Balance remaining
$792,846

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$2,800/mo
$33,600Gross annual rent
1.9%Cap rate after taxes and upkeep
$2,392 to $3,024Typical rent range

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 $2,862 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,800. 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.

3.0%
Gross yield
− Property tax $6,532− Insurance $1,400− Vacancy & upkeep $3,696Net operating income $21,972

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of COLDWELL BANKER THE REAL ESTATE CENTRE. MLS®/PropTx.

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