32 Nicort Road, King, ON

King City, King · MLS® N13803336

$1,950,000
For Sale
Listed 27 days agoNo offer date stated
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4Bedrooms
4Bathrooms
2Garage · 4 parking
2500-3000Sq ft

About this home

In short

  • Exceptional Residence In Prestigious King City.
  • Stunning 4 Bedroom Stone & Brick Home On A Pool Size 42 x 120 Ft Lot.
  • Hardwood Floors Throughout, 24x24 Porcelain Tiles.
  • Primary Retreat With Tray Ceiling, Walk-In Closet With Custom Organizers & 5-Piece Ensuite With Jacuzzi Tub, Glass Shower, Granite Countertop & Double Sink Vanity.
  • Finished Basement With 9 Ft Ceilings, Huge Open Recreation Area, Wet Bar & 3-Piece Bathroom - Ideal For Entertaining.

Exceptional Residence In Prestigious King City! Stunning 4 Bedroom Stone & Brick Home On A Pool Size 42 x 120 Ft Lot. Grand Open To Above Foyer With Double Doors And Statement Crystal Chandelier, Elegant Oak Staircase With Metal Pickets And Direct Garage Access. 9 Ft Ceilings On Main Floor & Basement. Smooth Ceilings Throughout All Levels. Crown Moldings. Hardwood Floors Throughout, 24x24 Porcelain Tiles. Functional Layout: Main Floor Office With French Doors & Coffered Ceiling, Formal Dining Room With Stunning Chandelier, Family-Sized Luxury Kitchen With Spacious Breakfast Area Overlooking Family Room And Backyard. Kitchen Comes With Oversized Island, Granite Countertops, Glass Backsplash & Abundant Storage With Multiple Organizers, Osmosis Water Filter & Garburator. Professionally Landscaped Front & Backyard With Interlock Front, Side & Stone Patio: Perfect For Outdoor Living. 4 Spacious Bedrooms. Primary Retreat With Tray Ceiling, Walk-In Closet With Custom Organizers & 5-Piece Ensuite With Jacuzzi Tub, Glass Shower, Granite Countertop & Double Sink Vanity. Second Floor Laundry. Finished Basement With 9 Ft Ceilings, Huge Open Recreation Area, Wet Bar & 3-Piece Bathroom - Ideal For Entertaining. 200 AMP ELECTRICAL SERVICE and Dedicated EV Charging Outlet. Premium Location: No Homes Directly In Front, Facing A Large Park With Open Views. Steps To School: Perfect For Growing Families. This Place Is Truly Considered A Privilege To Call Home: An Impressive Blend Of Elegance, Functionality And Space! Please, See 3D Tour - https://www.winsold.com/tour/455823

Key facts

Property type
Detached, 2-Storey
MLS®
N13803336
Bedrooms
4
Bathrooms
4 (1 half)
Size
2500-3000 sq ft
Lot
42.03 × 120.87 ft
Cross streets
Dufferin/King
Parking
2 garage · 4 parking (built-in)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Stone
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$8,219 / 2026
Days on market
27
Listing brokerage
SUTTON GROUP-ADMIRAL REALTY INC.

Rooms

Primary BedroomSecond4.90 × 4.00 m

hardwood floor · 5 pc ensuite · walk-in closet(s)

OfficeMain3.38 × 3.08 m

hardwood floor · french doors · large window

Bedroom 3Second3.51 × 3.34 m

hardwood floor · closet · large window

KitchenBasement3.02 × 2.73 m

laminate · quartz counter · open concept

FoyerMain3.75 × 3.21 m

porcelain floor · access to garage · double closet

BreakfastMain3.60 × 3.52 m

porcelain floor · w/o to patio · bow window

Bedroom 2Second3.76 × 3.07 m

hardwood floor · closet organizers · large window

Bedroom 4Second3.80 × 3.70 m

hardwood floor · cathedral ceiling(s) · double closet

KitchenMain3.85 × 3.50 m

granite counters · backsplash · centre island

RecreationBasement8.47 × 5.94 m

3 pc bath · laminate · pot lights

Family RoomMain5.25 × 3.93 m

hardwood floor · overlooks backyard · gas fireplace

Dining RoomMain3.92 × 3.81 m

hardwood floor · large window · open concept

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.88Mlikely sale price

Listed at $1,950,000. 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 $1.88M, if it sells. A realistic range is $1.76M to $2.12M.

Independent value check: $1.63M. Without looking at the asking price, our model values the home itself about 16% 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 $8,219 a year; the typical home sold here pays about $12,600.
  • ▼ Lowers itIt is 2,500 to 3,000 sq ft; the typical home sold here is 3,500 to 5,000.
  • ▼ Lowers itIts lot is 42 by 121 ft; the typical lot sold here is 83 by 148.
List price
$1.76MBelow recent closings$2.12MAbove recent closings

Total price vs nearby homes. Likely closing about $1.88M, 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
27days on market so far
$4,637/moest. rent · 8 leases
2.9%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.4 months of inventory: 8 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 $709/sqft against an area asking average of $789/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 $2.00M. 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • 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 ($709/sqft) is below 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
$2.67Mavg 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 $1.63M, which is where my estimate comes from.

Per square foot, these ask about $926/sqft; this home lists at $709/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.95MThis home2.50M2.84M2.69MThis 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
$8,887/mo
$363KIncome needed
5.4×Price ÷ income
$2,051Weekly cost
$35,475Land 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 $8,887Property tax $685Total carry $9,572

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)
$8,626per month

Mortgage amount $1,560,000 · 4.49% over 25 years

$390,000Down payment (20.0%)
$1,560,000Loan before insurance
$0CMHC premium
$9,310Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,626
Property tax
$685
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,310

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

One-time closing costs

Ontario land transfer tax
$35,475
Estimated closing costs
$35,475

Plus your down payment of $390,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$10,440/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

$1,027,652Total interest paid
$2,587,652Total of all payments
Principal $1,560,000 Interest $1,027,652
YearPrincipalInterestBalance
1$34,813$68,694$1,525,187
2$36,393$67,113$1,488,794
3$38,046$65,461$1,450,749
4$39,773$63,733$1,410,976
5$41,579$61,927$1,369,397
6$43,467$60,039$1,325,930
7$45,440$58,066$1,280,490
8$47,503$56,003$1,232,986
9$49,660$53,846$1,183,326
10$51,915$51,591$1,131,411
11$54,272$49,234$1,077,139
12$56,736$46,770$1,020,402
13$59,312$44,194$961,090
14$62,005$41,501$899,085
15$64,821$38,685$834,264
16$67,764$35,742$766,500
17$70,841$32,665$695,659
18$74,057$29,449$621,602
19$77,420$26,087$544,183
20$80,935$22,571$463,248
21$84,609$18,897$378,638
22$88,451$15,055$290,187
23$92,467$11,039$197,720
24$96,666$6,841$101,055
25$101,055$2,452$0

At the end of your 5-year term

Total paid over the term
$517,530
Principal paid down
$190,603
Interest paid
$326,927
Balance remaining
$1,369,397

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$4,637/mo
$55,644Gross annual rent
2.0%Cap rate after taxes and upkeep
$4,094 to $5,008Typical 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 8 whole-home leases in King City signed at a median of $4,887 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,637. 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.

2.9%
Gross yield
− Property tax $8,219− Insurance $1,400− Vacancy & upkeep $6,121Net operating income $39,904

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SUTTON GROUP-ADMIRAL REALTY INC.. MLS®/PropTx.

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