22 Adelia Place, King, ON

King City, King · MLS® N13782408

$1,999,900
For Sale
Listed 31 days agoNo offer date stated
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4+1Bedrooms
4Bathrooms
2Garage · 6 parking
2000-2500Sq ft

About this home

In short

  • Experience Refined Living At 22 Adelia Place, An Exceptional Residence Nestled Within The Prestigious King's Ridge Community.
  • This Elegant 4-Bedroom, 2-Storey Home Showcases Sophisticated Craftsmanship And An Impressive Floor Plan Designed For Both Comfortable Family Living And Upscale...
  • Set On A Premium Ravine Lot, This Home Offers A Rare Sense Of Privacy And Scenic Natural Views, Creating A Serene Backyard Escape.
  • Step Outside To Your Own Resort-Style Retreat Featuring A Stunning Pool, Spacious Patio, And A Walk-Out Lower Level That Seamlessly Connects Indoor And Outdoor Living...
  • Offering Approximately 2,300 Sq.

Experience Refined Living At 22 Adelia Place, An Exceptional Residence Nestled Within The Prestigious King's Ridge Community. This Elegant 4-Bedroom, 2-Storey Home Showcases Sophisticated Craftsmanship And An Impressive Floor Plan Designed For Both Comfortable Family Living And Upscale Entertaining. Rich Architectural Details, Including Custom Ceiling Features And Luxurious Finishes, Elevate The Main Living Areas While The Chef-Inspired Kitchen Serves As The Heart Of The Home With Its Expansive Layout And Stylish Design. Set On A Premium Ravine Lot, This Home Offers A Rare Sense Of Privacy And Scenic Natural Views, Creating A Serene Backyard Escape. Step Outside To Your Own Resort-Style Retreat Featuring A Stunning Pool, Spacious Patio, And A Walk-Out Lower Level That Seamlessly Connects Indoor And Outdoor Living - Perfect For Entertaining Or Relaxing In Total Tranquility. The Fully Finished Lower Level Provides Generous Additional Living Space With Elevated Ceiling Heights And Modern Finishes, Ideal For A Recreation Area, Home Gym, Or Guest Accommodations. Offering Approximately 2,300 Sq. Ft. Of Beautifully Appointed Space, This Remarkable Property Blends Luxury, Comfort, And Timeless Elegance In One Of The Area's Most Sought-After Neighbourhoods.

Key facts

Property type
Detached, 2-Storey
MLS®
N13782408
Bedrooms
4+1 (5 total)
Bathrooms
4 (1 half)
Size
2000-2500 sq ft
Lot
32.4 × 117.2 ft
Cross streets
Dufferin St & King Rd
Parking
2 garage · 6 parking (attached)
Driveway
Available
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$8,059 / 2025
Days on market
31
Listing brokerage
RE/MAX PREMIER THE OP TEAM

Rooms

Dining RoomMain4.57 × 3.66 m

Hardwood Floor

LibraryMain3.35 × 3.23 m

Hardwood Floor

Bedroom 3Second5.61 × 5.27 m
RecreationBasement10.60 × 9.45 m
KitchenMain5.36 × 3.05 m

Porcelain Floor

BedroomBasement8.84 × 3.66 m
Living RoomMain4.27 × 3.96 m

Hardwood Floor

Bedroom 4Second4.85 × 3.35 m
Primary BedroomSecond6.04 × 3.96 m
BreakfastMain5.36 × 3.36 m

Porcelain Floor

Great RoomMain5.61 × 4.45 m

Hardwood Floor

Bedroom 2Second3.87 × 3.35 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$1.93Mlikely sale price

Listed at $1,999,900. 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 $1.93M, if it sells. A realistic range is $1.81M to $2.18M.

Independent value check: $1.63M. Without looking at the asking price, our model values the home itself about 18% below the ask (homes like it typically land between $1.53M and $1.71M).

Why $1.63M. 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 $8,059 a year; the typical home sold here pays about $12,600.
  • ▼ Lowers it stronglyIt is 2,000 to 2,500 sq ft; the typical home sold here is 3,500 to 5,000.
  • ▼ Lowers itIts lot is 32 by 117 ft; the typical lot sold here is 83 by 148.
List price
$1.81MBelow recent closings$2.18MAbove recent closings

Total price vs nearby homes. Likely closing about $1.93M, 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
31days on market so far
$4,482/moest. rent · 8 leases
2.7%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 7.4 months of inventory: 42 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 $889/sqft against an area asking average of $809/sqft.

  • Walk-out basement apartment features. A finished 1 bed walk-out basement apartment. A self-contained space for extended family, guests or potential income. In King City basements rarely rent out (4 of 61 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the Town of King.
  • 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.
  • Inground pool. Priced into the comparison on the assumption it is clean and modern. A pool costs more to build than resale pays back, and condition is the 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 $1.97M. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

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

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully

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
$2.49Mavg 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 $906/sqft; this home lists at $889/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
2.00MThis home1.95M2.84M2.69MThis 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
$9,115/mo
$371KIncome needed
5.4×Price ÷ income
$2,103Weekly cost
$36,473Land 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.

93%mortgage
Mortgage $9,115Property tax $672Total carry $9,786

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)
$8,846per month

Mortgage amount $1,599,920 · 4.49% over 25 years

$399,980Down payment (20.0%)
$1,599,920Loan before insurance
$0CMHC premium
$9,518Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,846
Property tax
$672
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,518

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

One-time closing costs

Ontario land transfer tax
$36,473
Estimated closing costs
$36,473

Plus your down payment of $399,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$10,707/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

$1,053,950Total interest paid
$2,653,870Total of all payments
Principal $1,599,920 Interest $1,053,950
YearPrincipalInterestBalance
1$35,703$70,451$1,564,217
2$37,324$68,830$1,526,892
3$39,019$67,136$1,487,873
4$40,791$65,364$1,447,082
5$42,643$63,512$1,404,439
6$44,579$61,576$1,359,860
7$46,603$59,552$1,313,257
8$48,719$57,436$1,264,538
9$50,931$55,224$1,213,607
10$53,244$52,911$1,160,364
11$55,661$50,494$1,104,703
12$58,188$47,967$1,046,514
13$60,830$45,325$985,684
14$63,592$42,563$922,092
15$66,480$39,675$855,612
16$69,498$36,657$786,114
17$72,653$33,501$713,461
18$75,952$30,203$637,509
19$79,401$26,754$558,108
20$83,006$23,149$475,102
21$86,775$19,380$388,328
22$90,715$15,440$297,613
23$94,833$11,321$202,780
24$99,139$7,016$103,640
25$103,640$2,514$0

At the end of your 5-year term

Total paid over the term
$530,774
Principal paid down
$195,481
Interest paid
$335,293
Balance remaining
$1,404,439

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 8 whole-home leases in King City$4,482/mo
$53,784Gross annual rent
1.9%Cap rate after taxes and upkeep
$4,123 to $4,840Typical rent range
~21 daysTo find a tenant, on average

About the suite: in King City basements rarely rent out (4 of 61 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.

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 8 whole-home leases in King City signed at a median of $5,021 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,482. 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.

2.7%
Gross yield
− Property tax $8,059− Insurance $1,400− Vacancy & upkeep $5,916Net operating income $38,409

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

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