17 Faris Avenue, King, ON

Nobleton, King · MLS® N13796670

$999,000
For Sale
Listed 32 days agoNo offer date stated
3Bedrooms
1Bathrooms
1Garage · 5 parking
1100-1500Sq ft

About this home

In short

  • CHARMING BUNGALOW ON A LARGE TREED LOT WITH A SCREENED FRONT PORCH, DETACHED GARAGE & BEAUTIFUL LANDSCAPING.
  • Hardwood flooring runs through the living and dining rooms, where large windows bring in plenty of natural light.
  • Three main-level bedrooms feature newer laminate flooring and share a 4-piece bath, while the unspoiled basement offers excellent storage and additional space for...
  • William Laceby Community Centre and Arena, Nobleton Lakes Golf Club, Cold Creek Conservation Area, Highway 400 and King City GO Station.

CHARMING BUNGALOW ON A LARGE TREED LOT WITH A SCREENED FRONT PORCH, DETACHED GARAGE & BEAUTIFUL LANDSCAPING! If the dream is a Nobleton address with a backyard worth falling for, this one unfolds beneath mature trees with colourful gardens, a stream winding through the property, a fire pit and an expansive lawn, all just minutes from schools, shops and commuter routes. Garden trees, shrubs and perennials bring colour throughout the property, complemented by extensive pruning, seeding and sodding, while a large shed keeps tools and seasonal gear neatly stored. Out front, the screened porch offers a shaded place for morning coffee, an afternoon book or a wave to the neighbours, with an immaculate lawn, detached single car garage and driveway parking for four. Hardwood flooring runs through the living and dining rooms, where large windows bring in plenty of natural light. The kitchen features warm wood cabinetry, an eat-in area and a walkout that leads to the backyard. Three main-level bedrooms feature newer laminate flooring and share a 4-piece bath, while the unspoiled basement offers excellent storage and additional space for future finishing, with basement and foundation waterproofing completed. Set in desirable Nobleton, you are minutes from Nobleton Public School, the Dr. William Laceby Community Centre and Arena, Nobleton Lakes Golf Club, Cold Creek Conservation Area, Highway 400 and King City GO Station.

Key facts

Property type
Detached, Bungalow
MLS®
N13796670
Bedrooms
3
Bathrooms
1
Size
1100-1500 sq ft
Lot
75 × 200 ft
Cross streets
Wellington St/Faris Ave
Parking
1 garage · 5 parking (detached)
Driveway
Private Double
Basement
Unfinished
Heating
Forced Air
A/C
None
Exterior
Aluminum Siding
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,431 / 2026
Days on market
32
Listing brokerage
RE/MAX HALLMARK PEGGY HILL GROUP REALTY

Rooms

FoyerMain2.20 × 1.30 m
KitchenMain3.09 × 3.64 m
Living RoomMain3.96 × 3.84 m
Bedroom 3Main3.26 × 3.35 m
Bedroom 2Main3.06 × 2.85 m
Dining RoomMain2.80 × 3.25 m
Primary BedroomMain3.98 × 3.36 m
Our TakeTeam Asgarian · Broker
A discount is typical here
$952Klikely sale price

Listed at $999,000. Going by how homes in Nobleton and the wider GTA have actually closed against their asking prices (about 95%, 19 local closings in 90 days), the likely sale price is near $952K, if it sells. A realistic range is $892K to $1.07M.

Independent value check: $1.08M. Without looking at the asking price, our model values the home itself about 8% above the ask (homes like it typically land between $1.01M and $1.13M).

Why $1.08M. The typical detached home sold in Nobleton over the past year went for about $1.82M (54 sales). What sets this one apart:

  • ▼ Lowers it stronglyIt is 1,100 to 1,500 sq ft; the typical home sold here is 3,000 to 3,500.
  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $7,431 a year; the typical home sold here pays about $9,400.
  • ▼ Lowers it3 bedrooms and 1 baths, against 4+1 and 4 typically.
  • ▼ Lowers it1 garage and 5 total parking spaces, against 2 and 6 typically.
List price
$892KBelow recent closings$1.07MAbove recent closings

Total price vs nearby homes. Likely closing about $952K, from 19 recent closings in this pocket.

The market behind the math:

19sold nearby · 90 days
$1.85Mmedian sold price
92%of asking, on average
−7%prices vs a year ago
~27 dayshomes like this take to sell
32days on market so far
$2,872/moest. rent · 17 leases
3.4%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3 months of inventory: 19 detached homes for sale in the area against 19 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 $768/sqft against an area asking average of $804/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 19 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.10M. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

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

  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

Below comparable homes on total price, yet the price per square foot ($768/sqft) is in line with the area, which usually points to a smaller or more efficient layout.

There were not many closely comparable homes right in Nobleton, so I widened the search to the surrounding area.

Based on 19 comparable homes that sold in Nobleton over the past two years, from 98 closings there.

What sellers nearby are askingCurrently listed nearby in Nobleton · asking prices
$1.26Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.08M, which is where my estimate comes from.

Per square foot, these ask about $821/sqft; this home lists at $768/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
999kThis home990k1.35M1.10M999k1.85MThis 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

Nobleton, 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.

Schomberg
$2.30M
King City
$2.85M
Pottageville
$1.69M
Rural King
$4.30M

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
$4,553/mo
$198KIncome needed
5.1×Price ÷ income
$1,051Weekly cost
$16,455Land 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.

88%mortgage
Mortgage $4,553Property tax $619Total carry $5,172

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,419per month

Mortgage amount $799,200 · 4.49% over 25 years

$199,800Down payment (20.0%)
$799,200Loan before insurance
$0CMHC premium
$5,038Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,419
Property tax
$619
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,038

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

One-time closing costs

Ontario land transfer tax
$16,455
Estimated closing costs
$16,455

Plus your down payment of $199,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,348/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

$526,474Total interest paid
$1,325,674Total of all payments
Principal $799,200 Interest $526,474
YearPrincipalInterestBalance
1$17,835$35,192$781,365
2$18,645$34,382$762,721
3$19,491$33,536$743,230
4$20,376$32,651$722,854
5$21,301$31,726$701,553
6$22,268$30,759$679,284
7$23,279$29,748$656,005
8$24,336$28,691$631,668
9$25,441$27,586$606,227
10$26,596$26,430$579,631
11$27,804$25,223$551,827
12$29,066$23,960$522,760
13$30,386$22,641$492,374
14$31,766$21,261$460,608
15$33,208$19,819$427,400
16$34,716$18,311$392,684
17$36,292$16,735$356,392
18$37,940$15,087$318,452
19$39,663$13,364$278,789
20$41,463$11,563$237,325
21$43,346$9,681$193,979
22$45,314$7,713$148,665
23$47,372$5,655$101,294
24$49,522$3,504$51,771
25$51,771$1,256$0

At the end of your 5-year term

Total paid over the term
$265,135
Principal paid down
$97,647
Interest paid
$167,487
Balance remaining
$701,553

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 17 whole-home leases in Nobleton$2,872/mo
$34,464Gross annual rent
2.2%Cap rate after taxes and upkeep
$2,684 to $3,206Typical rent range
~9 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 17 whole-home leases in Nobleton signed at a median of $4,410 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,872. 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.

3.4%
Gross yield
− Property tax $7,431− Insurance $1,400− Vacancy & upkeep $3,791Net operating income $21,842

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

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