39 Lilly Valley Crescent, King, ON

King City, King · MLS® N13726912

$2,099,998
For Sale
Listed 46 days agoNo offer date stated
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4+1Bedrooms
5Bathrooms
2Garage · 6 parking
3000-3500Sq ft

About this home

In short

  • An absolutely stunning home and a must-see.
  • 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 massive basement includes French doors, high ceilings, an additional room, a wine closet, wet bar, bar fridge, drop moulding, coffered ceilings with rope...
  • Step outside to a backyard oasis with interlocks, a fenced yard, trees, an arbor, and an oversized hot tub.

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
4+1 (5 total)
Bathrooms
5 (2 half)
Size
3000-3500 sq ft
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
Days on market
46
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
A small discount is typical
$2.03Mlikely sale price

Listed at $2,099,998. 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 $2.03M, if it sells. A realistic range is $1.90M to $2.29M.

Independent value check: $1.83M. Without looking at the asking price, our model values the home itself about 13% below the ask (homes like it typically land between $1.71M and $1.92M).

Why $1.83M. The typical detached home sold in King City over the past year went for about $2.28M (67 sales). What sets this one apart:

  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $9,526 a year; the typical home sold here pays about $12,600.
  • ▼ Lowers itIts lot is 42 by 110 ft; the typical lot sold here is 83 by 148.
  • ▼ Lowers itIt is 3,000 to 3,500 sq ft; the typical home sold here is 3,500 to 5,000.
List price
$1.90MBelow recent closings$2.29MAbove recent closings

Total price vs nearby homes. Likely closing about $2.03M, 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
46days on market so far
$5,585/moest. rent · 14 leases
3.2%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 4.1 months of inventory: 23 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 $646/sqft against an area asking average of $654/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 17 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $2.24M. 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.

  • 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
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($646/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 17 comparable homes that sold in King City over the past two years, from 121 closings there.

What sellers nearby are askingCurrently listed nearby in King City · asking prices
$2.17Mavg asking

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 $667/sqft; this home lists at $646/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
2.10MThis home1.73M2.18M2.60MThis 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
$4.41M
Pottageville
$2.07M
Nobleton
$2.08M
Schomberg
$2.15M

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
$38,975Land 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.

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.

4.49%
%
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)
$9,289per month

Mortgage amount $1,679,998 · 4.49% over 25 years

$420,000Down payment (20.0%)
$1,679,998Loan before insurance
$0CMHC premium
$10,083Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9,289
Property tax
$794
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10,083

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

6.49%Qualifying rate
$11,243/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

$1,106,701Total interest paid
$2,786,700Total of all payments
Principal $1,679,998 Interest $1,106,701
YearPrincipalInterestBalance
1$37,490$73,978$1,642,508
2$39,193$72,275$1,603,315
3$40,972$70,496$1,562,343
4$42,832$68,636$1,519,511
5$44,777$66,691$1,474,734
6$46,810$64,658$1,427,923
7$48,936$62,532$1,378,988
8$51,158$60,310$1,327,830
9$53,480$57,988$1,274,350
10$55,908$55,560$1,218,441
11$58,447$53,021$1,159,995
12$61,101$50,367$1,098,894
13$63,875$47,593$1,035,019
14$66,775$44,693$968,244
15$69,807$41,661$898,437
16$72,976$38,492$825,461
17$76,290$35,178$749,171
18$79,754$31,714$669,417
19$83,375$28,093$586,042
20$87,160$24,308$498,882
21$91,118$20,350$407,764
22$95,255$16,213$312,509
23$99,580$11,888$212,929
24$104,101$7,367$108,828
25$108,828$2,640$0

At the end of your 5-year term

Total paid over the term
$557,340
Principal paid down
$205,265
Interest paid
$352,075
Balance remaining
$1,474,734

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 14 whole-home leases in King City$5,585/mo
$67,020Gross annual rent
2.3%Cap rate after taxes and upkeep
$5,286 to $6,095Typical 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 14 whole-home leases in King City signed at a median of $5,920 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,585. 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.

3.2%
Gross yield
− Property tax $9,526− Insurance $1,400− Vacancy & upkeep $7,372Net operating income $48,722

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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