178 Patton Street, King, ON

King City, King · MLS® N13811460

$3,498,000
For Sale
Listed 28 days agoNo offer date stated
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4+1Bedrooms
6Bathrooms
3Garage · 9 parking
3500-5000Sq ft

About this home

In short

  • Gorgeous Designer Home Located In Sought-after Exclusive Pocket In King City.
  • Featuring over 4,600 sq ft Above Grade With 4 Bedrooms and 6 Bathrooms, 10' Ceilings, Crown Mouldings, Wall Panelling, Designer Light Fixtures, Pot Lighting, Upgraded...
  • Open Concept Family Room, With Custom Wall Unit, Plus Add'l Family Room Loft on 2nd Floor.
  • Chef-inspired Custom Kitchen Equipped With Quartz Countertops, Sub Zero Side by SideFridge & Freezer, Wolf 6 Burner Gas Stove, Wolf Oven & Microwave, Bosch Dishwasher.
  • Fully Finished Basement with 9' Ceilings Perfect For Nanny or In Law Suite, With a Bedroom, Bathroom, Family Theatre Room with Fireplace, Gym, Wet Bar & Cedar Wine...

Gorgeous Designer Home Located In Sought-after Exclusive Pocket In King City. Featuring over 4,600 sq ft Above Grade With 4 Bedrooms and 6 Bathrooms, 10' Ceilings, Crown Mouldings, Wall Panelling, Designer Light Fixtures, Pot Lighting, Upgraded Hardwood Flooring and Porcelain Tiles. Open Concept Family Room, With Custom Wall Unit, Plus Add'l Family Room Loft on 2nd Floor.Chef-inspired Custom Kitchen Equipped With Quartz Countertops, Sub Zero Side by SideFridge & Freezer, Wolf 6 Burner Gas Stove, Wolf Oven & Microwave, Bosch Dishwasher. Primary Bedroom Features Accent Wall, Custom Cabinetry His & Her Walk In Closets, Ensuite with His and Her Vanities & Quartz Countertops.Fully Finished Basement with 9' Ceilings Perfect For Nanny or In Law Suite, With a Bedroom, Bathroom, Family Theatre Room with Fireplace, Gym, Wet Bar & Cedar Wine Cellar. Professionally Landscaped With Heated Driveway and Garage, 3 Car Garage & Parking For 9 Cars, Maintenance Free with Irrigation System.

Key facts

Property type
Detached, 2-Storey
MLS®
N13811460
Bedrooms
4+1 (5 total)
Bathrooms
6 (1 half)
Size
3500-5000 sq ft
Lot
135.24 × 77.47 ft
Cross streets
Patton St & Elizabeth Grove
Parking
3 garage · 9 parking (attached)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Stucco (Plaster)
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$15,505 / 2025
Days on market
28
Listing brokerage
ENGEL & VOLKERS TORONTO CITY

Rooms

OfficeMain2.96 × 4.34 m

hardwood floor · large window · b/i bookcase

Mud RoomMain4.40 × 6.70 m

tile floor · b/i closet

LaundrySecond2.43 × 1.55 m

tile floor · b/i shelves

Living RoomMain4.23 × 5.79 m

hardwood floor · fireplace · combined w/dining

Bedroom 3Second3.87 × 4.76 m

hardwood floor · 3 pc ensuite · b/i closet

LoftSecond4.60 × 5.34 m

hardwood floor · large window

Primary BedroomSecond8.39 × 7.06 m

hardwood floor · 7 pc ensuite · b/i closet

Dining RoomMain2.54 × 5.79 m

hardwood floor · fireplace · combined w/living

Bedroom 4Second4.67 × 3.91 m

hardwood floor · 3 pc ensuite · b/i closet

Bedroom 2Second4.45 × 4.53 m

hardwood floor · 3 pc ensuite · b/i closet

Family RoomMain6.38 × 5.51 m

hardwood floor · large window · b/i bookcase

KitchenMain3.59 × 6.10 m

quartz counter · breakfast bar · b/i appliances

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

Neighbourhood & location

King City, King, ON

CommuteTime from this home to where you spend your day

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Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Rural King
$4.30M
Nobleton
$2.28M
Pottageville
$1.69M
Schomberg
$2.30M

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
$15,943/mo
$650KIncome needed
5.4×Price ÷ income
$3,679Weekly cost
$73,925Land 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 $15,943Property tax $1,292Total carry $17,235

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$15,473per month

Mortgage amount $2,798,400 · 4.49% over 25 years

$699,600Down payment (20.0%)
$2,798,400Loan before insurance
$0CMHC premium
$16,765Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$15,473
Property tax
$1,292
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$16,765

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

One-time closing costs

Ontario land transfer tax
$73,925
Estimated closing costs
$73,925

Plus your down payment of $699,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$18,727/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

$1,843,450Total interest paid
$4,641,850Total of all payments
Principal $2,798,400 Interest $1,843,450
YearPrincipalInterestBalance
1$62,448$123,226$2,735,952
2$65,284$120,390$2,670,668
3$68,248$117,426$2,602,420
4$71,347$114,327$2,531,073
5$74,586$111,088$2,456,487
6$77,973$107,701$2,378,515
7$81,513$104,161$2,297,002
8$85,214$100,460$2,211,788
9$89,083$96,591$2,122,705
10$93,128$92,546$2,029,577
11$97,356$88,318$1,932,221
12$101,776$83,898$1,830,445
13$106,397$79,277$1,724,048
14$111,228$74,446$1,612,819
15$116,278$69,396$1,496,541
16$121,558$64,116$1,374,983
17$127,077$58,597$1,247,906
18$132,847$52,827$1,115,059
19$138,879$46,795$976,180
20$145,184$40,490$830,995
21$151,776$33,898$679,219
22$158,668$27,006$520,551
23$165,872$19,802$354,679
24$173,403$12,271$181,276
25$181,276$4,398$0

At the end of your 5-year term

Total paid over the term
$928,370
Principal paid down
$341,913
Interest paid
$586,457
Balance remaining
$2,456,487

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
Estimate$7,350/mo
$88,200Gross annual rent
1.8%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

2.5%
Gross yield
− Property tax $15,505− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $61,593

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ENGEL & VOLKERS TORONTO CITY. MLS®/PropTx.

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