39 Lilly Valley Crescent, King, ON

King City, King · MLS® N13726912

$2,099,998
For Sale
Just listed today
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5Bedrooms
5Bathrooms
2Garage · 6 parking
3000-3500Sq Ft

About this home

An absolutely stunning home and a must-see! This family home features 4+1 bedrooms and 5 bathrooms with upgraded finishes throughout. Enjoy hardwood floors, wainscoting, crown moulding, custom millwork, and a powder room with a custom vanity. The new custom-built kitchen features a 48" fridge, 36" gas stove, wine cooler, and two sinks, adding a touch of elegance. The formal dining room boasts waffled ceilings and a servery to the kitchen. An additional main floor room offers the flexibility to be used as an office or library, complete with a custom wall unit. The bright family room features a gas fireplace, crown moulding, and an abundance of natural light. The master bedroom features a cozy gas fireplace, walk-in closet, and large ensuite. Pot lights are installed throughout the home, providing a warm ambiance.The lower level boasts impressive finishes and is ideal for entertaining. The massive basement includes French doors, high ceilings, an additional room, a wine closet, wet bar, bar fridge, drop moulding, coffered ceilings with rope lighting, and speaker system wiring rough-in, perfect for entertaining. Step outside to a backyard oasis with interlocks, a fenced yard, trees, an arbor, and an oversized hot tub. The garage is equipped with 220V for charging an EV and shelving. The home also includes window coverings and shutters. Close to amenities, top-rated schools, parks, trails, and highways, this exceptional property with luxurious features and finishes is not to be missed. Just move in and enjoy!

Key facts

Property type
Detached, 2-Storey
MLS®
N13726912
Bedrooms
5 (4 + 1)
Bathrooms
5 (2 half)
Size
3000-3500
Lot
41.99 × 109.91 ft
Cross streets
Dufferin St And King Rd
Parking
2 garage · 6 parking (built-in)
Driveway
Private Double
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$9,526 / 2026
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

RecreationBasement6.30 × 12.78 m

open concept · wet bar · 2 pc bath

Bedroom 3Second4.20 × 3.45 m

broadloom · semi ensuite · bay window

KitchenMain5.80 × 6.04 m

porcelain floor · stainless steel appl · granite counters

Family RoomMain4.60 × 5.03 m

hardwood floor · stone fireplace · crown moulding

Living RoomMain4.60 × 5.00 m

hardwood floor · coffered ceiling(s) · wainscoting

Bedroom 2Second3.55 × 4.00 m

broadloom · 4 pc ensuite · walk-in closet(s)

Primary BedroomSecond4.40 × 6.05 m

5 pc ensuite · walk-in closet(s) · vaulted ceiling(s)

LaundrySecond2.62 × 1.75 m

ceramic floor · laundry sink · window

Bedroom 4Second3.95 × 3.90 m

broadloom · semi ensuite · double closet

DenMain3.20 × 3.00 m

hardwood floor · crown moulding · large window

Dining RoomMain3.80 × 4.90 m

hardwood floor · coffered ceiling(s) · w/o to patio

BreakfastMain5.80 × 6.04 m

porcelain floor · w/o to yard · open concept

Our TakeTeam Asgarian · Broker
In line
$1.99Mest. value

Listed at $2,099,998, and my independent estimate is right in line with comparable homes.

List price
$1.88MBelow asking range$2.55MAbove asking range

Total price vs nearby homes. Fair value about $1.99M, median of 7 comparables.

The market behind the math:

This home
Below area avgAbove area avg

Price per square foot: this home lists at $646/sqft against an area asking average of $702/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

I take the 7 most comparable recent listings nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single listing.

It’s grounded in comparable active listings. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $2.00M, a close match.

What the listing highlights5 points to weigh

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

  • 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
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver

Based on 7 comparable homes nearby.

What sellers nearby are askingCurrently listed nearby in King City · asking prices
$2.01Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

14 King Boulevard $577/sqft$1.88M8 King Boulevard $554/sqft$1.80M148 Burton Grove $902/sqft$2.48M10 King Boulevard $584/sqft$1.90M32 Nicort Road $727/sqft$2.00M

Per square foot, these ask about $669/sqft; this home lists at $646/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
2.10MThis home1.88M1.80M2.48M1.90M2.00MThis home vs active comparables

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
$2.45M
Pottageville
$1.63M
Nobleton
$2.06M
Schomberg
$2.07M

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
$9,571/mo
$392KIncome needed
5.4×Price ÷ income
$2,209Weekly cost
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.

92%mortgage
Mortgage $9,571Property tax $794Total carry $10,365

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.

4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 1, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$9,057per month

Mortgage amount $1,679,998 · 4.24% over 25 years

$420,000Down payment (20.0%)
$1,679,998Loan before insurance
$0CMHC premium
$9,851Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9,057
Property tax
$794
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,851

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

One-time closing costs

Ontario land transfer tax
$38,975
Estimated closing costs
$38,975

Plus your down payment of $420,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$10,990/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

$1,037,120Total interest paid
$2,717,118Total of all payments
Principal $1,679,998 Interest $1,037,120
YearPrincipalInterestBalance
1$38,816$69,869$1,641,182
2$40,479$68,205$1,600,703
3$42,214$66,471$1,558,489
4$44,023$64,662$1,514,467
5$45,909$62,776$1,468,558
6$47,876$60,809$1,420,681
7$49,928$58,757$1,370,754
8$52,067$56,618$1,318,687
9$54,298$54,387$1,264,389
10$56,625$52,060$1,207,764
11$59,051$49,634$1,148,713
12$61,581$47,103$1,087,132
13$64,220$44,465$1,022,912
14$66,972$41,713$955,940
15$69,842$38,843$886,098
16$72,834$35,850$813,264
17$75,955$32,730$737,309
18$79,210$29,475$658,099
19$82,604$26,081$575,495
20$86,143$22,541$489,352
21$89,835$18,850$399,517
22$93,684$15,001$305,833
23$97,698$10,986$208,135
24$101,885$6,800$106,250
25$106,250$2,434$0

At the end of your 5-year term

Total paid over the term
$543,424
Principal paid down
$211,441
Interest paid
$331,983
Balance remaining
$1,468,558

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$6,300/mo
$75,600Gross annual rent
2.7%Est. cap rate

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.

3.6%
Gross yield
− Property tax $9,526− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $56,358

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

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