50 Elmers Lane, King, ON
King City, King · MLS® N13709184
About this home
In short
- 50 Elmers Lane presents an exceptional Treasure Hill residence offering approximately 5,300 sq. ft. above grade within an exclusive King City community.
- Grand 11-foot ceilings on the main level and 10-foot ceilings above create an impressive sense of scale, complemented by beautifully proportioned principal rooms and...
- Designed for both large-scale entertaining and relaxed family living, the main level is beautifully appointed with a bedroom and ensuite for multigenerational...
- An additional 4 spacious bedrooms offer exceptional comfort and privacy, each with ensuite access, while the unfinished 2,736 sq. ft. lower level with walk-up...
- Professionally landscaped grounds, a fully fenced backyard and a 4 car tandem garage complete this refined family residence.
50 Elmers Lane presents an exceptional Treasure Hill residence offering approximately 5,300 sq. ft. above grade within an exclusive King City community.Grand 11-foot ceilings on the main level and 10-foot ceilings above create an impressive sense of scale, complemented by beautifully proportioned principal rooms and a chef's kitchen finished with custom cabinetry, stone surfaces, premium appliances and a generous centre island. Designed for both large-scale entertaining and relaxed family living, the main level is beautifully appointed with a bedroom and ensuite for multigenerational families a 4 Car Tandem garage, detailed ceilings, custom trim, statement chandeliers and elegant drapery. An additional 4 spacious bedrooms offer exceptional comfort and privacy, each with ensuite access, while the unfinished 2,736 sq. ft. lower level with walk-up provides outstanding potential for additional living and entertaining space.Professionally landscaped grounds, a fully fenced backyard and a 4 car tandem garage complete this refined family residence.Ideally positioned just steps from renowned Villanova College school , parks and scenic trails.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13709184
- Bedrooms
- 5
- Bathrooms
- 6 (1 half)
- Size
- 5,000 sq ft
- Lot
- 106.86 × 114.93 ft
- Cross streets
- Keele St & 15th Sideroad
- Parking
- 4 garage · 9 parking (built-in)
- Driveway
- Private Double
- Basement
- Walk-Up
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster), Stone
- Foundation
- Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $19,455 / 2025
- Days on market
- 55
- Listing brokerage
- HAMMOND INTERNATIONAL PROPERTIES LIMITED
Rooms
hardwood floor · overlook patio · 4 pc ensuite
open concept · centre island · granite counters
hardwood floor · walk-in closet(s) · 5 pc ensuite
hardwood floor · coffered ceiling(s) · overlooks backyard
open concept · walk-up · unfinished
hardwood floor · closet · 3 pc ensuite
hardwood floor · coffered ceiling(s) · separate room
hardwood floor · closet · 3 pc ensuite
hardwood floor · coffered ceiling(s) · overlooks park
hardwood floor · coffered ceiling(s) · overlooks park
hardwood floor · closet · 4 pc ensuite
stainless steel appl · w/o to patio · breakfast bar
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.
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The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $914/sqft; this home lists at $778/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
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King City, King, ON
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How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). King.
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Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $3,110,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $17,198
- Property tax
- $1,621
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $18,819
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $83,675
- Estimated closing costs
- $83,675
Plus your down payment of $777,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $1,031,876
- Principal paid down
- $380,033
- Interest paid
- $651,843
- Balance remaining
- $2,730,367
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HAMMOND INTERNATIONAL PROPERTIES LIMITED. MLS®/PropTx.