12 Fred Beaton Place, King, ON
King City, King · MLS® N13787902
About this home
In short
- Welcome to Canterbury Lanes, an exclusive enclave of luxury townhomes nestled in the heart of King City.
- Built by Camcos Living, this brand new, thoughtfully designed three-storey townhome features 3 spacious bedrooms, 2.5 bathrooms, and an open-concept layout perfect...
- Enjoy 9' smooth ceilings on the 1st and 2nd floors, engineered hardwood throughout, carpet-free, a natural oak staircase, and a chef-inspired kitchen complete with...
- The luxurious primary suite offers a walk-in closet, a private balcony, and a beautifully finished 3-piece ensuite.
- Ideally located just minutes from Highway 400 and 407, top-rated schools, parks, grocery stores, and all essential amenities.
Welcome to Canterbury Lanes, an exclusive enclave of luxury townhomes nestled in the heart of King City. Built by Camcos Living, this brand new, thoughtfully designed three-storey townhome features 3 spacious bedrooms, 2.5 bathrooms, and an open-concept layout perfect for entertaining or everyday comfort. Enjoy 9' smooth ceilings on the 1st and 2nd floors, engineered hardwood throughout, carpet-free, a natural oak staircase, and a chef-inspired kitchen complete with quartz countertops, stainless steel appliances, and extended-height cabinetry. The luxurious primary suite offers a walk-in closet, a private balcony, and a beautifully finished 3-piece ensuite. Ideally located just minutes from Highway 400 and 407, top-rated schools, parks, grocery stores, and all essential amenities. Visit and experience the exceptional quality and craftsmanship of this remarkable home. List price includes HST and assumes Purchaser qualifies for and assigns the federal and Ontario new housing rebates to Vendor on closing. If rebate is unavailable or reduced, price adjusts. See APS for full terms.
Key facts
- Property type
- Townhouse, 3-Storey
- MLS®
- N13787902
- Bedrooms
- 3
- Bathrooms
- 3 (1 half)
- Size
- 1500-2000 sq ft
- Lot
- 19.68 × 67.92 ft
- Cross streets
- King Rd / Keele St
- Parking
- 2 garage · 4 parking (built-in)
- Driveway
- Available, Inside Entry
- Basement
- Unfinished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Days on market
- 30
- Listing brokerage
- MILBORNE REAL ESTATE INC.
Rooms
hardwood floor · large window
hardwood floor · closet · window
tile floor · stainless steel appl
hardwood floor · closet · window
hardwood floor · open concept · combined w/living
tile floor · combined w/kitchen · w/o to terrace
3 pc ensuite · walk-in closet(s) · w/o to balcony
hardwood floor · open concept · window
Listed at $996,990, which is right in line with comparable homes.
Total price vs nearby homes. Fair value about $1.05M, median of 5 comparables.
The market behind the math:
About 5.3 months of inventory: 7 townhouse homes for sale in the area against 4 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $570/sqft against an area asking average of $643/sqft.
How this estimate is builtthe short version
I take the 5 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call.
What the listing highlights3 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Primary suite: a key comfort and resale feature. Lifestyle
- Open-concept layout: modern, sought-after flow. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in King City, so I widened the search to the surrounding area.
Based on 5 comparable homes that sold in King City over the past two years, from 21 closings there.
Nothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market. Homes like this one have recently closed around $1.05M, which is where my estimate comes from.
Per square foot, these ask about $657/sqft; this home lists at $570/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 6 active listings nearby.
See all comparable homesNeighbourhood & location
King City, King, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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.
Get the full neighbourhood report (schools, parks, transit & safety) →
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.
Mortgage amount $797,592 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,410
- Estimated property tax
- $623
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,033
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16,415
- Estimated closing costs
- $16,415
Plus your down payment of $199,398. 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
- $264,601
- Principal paid down
- $97,451
- Interest paid
- $167,150
- Balance remaining
- $700,141
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 numbersThe last 9 whole-home leases in King City signed at a median of $3,900 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,733. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of MILBORNE REAL ESTATE INC.. MLS®/PropTx.