7 Nicort Road, King, ON

King City, King · MLS® N13831170

$1,798,888
For Sale
Listed 24 days agoNo offer date stated
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4Bedrooms
4Bathrooms
2Garage · 4 parking
3500-5000Sq ft

About this home

In short

  • 3565 Sqft Experience the ultimate in elegance and beauty with our luxurious model home.
  • Featuring hardwood floors throughout the main living areas, this residence boasts a spacious kitchen with a waffle ceiling and granite countertops.
  • The living room impresses with its soaring 12.5 ft ceiling, and the stunning spiral foyer leads to a huge primary br with 5 pc ensuite.
  • A second huge family room overlooks front with large windows. while the second bedroom features a private 3-piece ensuite.
  • Ensuite has 5 piece owner bedroom with walkin closet, Other bedrooms have their own washrooms.

***3565 Sqft*** Experience the ultimate in elegance and beauty with our luxurious model home. Featuring hardwood floors throughout the main living areas, this residence boasts a spacious kitchen with a waffle ceiling and granite countertops. Enjoy separate living, family, breakfast, and formal dining rooms, along with a dedicated home office. The living room impresses with its soaring 12.5 ft ceiling, and the stunning spiral foyer leads to a huge primary br with 5 pc ensuite. A second huge family room overlooks front with large windows. while the second bedroom features a private 3-piece ensuite. Ensuite has 5 piece owner bedroom with walkin closet, Other bedrooms have their own washrooms.

Key facts

Property type
Detached, 2-Storey
MLS®
N13831170
Bedrooms
4
Bathrooms
4 (1 half)
Size
3500-5000 sq ft
Lot
42 × 115.66 ft
Cross streets
Dufferin And King
Parking
2 garage · 4 parking (attached)
Driveway
Private Double
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick Front, Shingle
Foundation
Concrete, Brick
Roof
Shingles
Sewer
Sewer
Property tax
$9,900 / 2025
Days on market
24
Listing brokerage
HOMELIFE/MIRACLE REALTY LTD

Rooms

Bedroom 4Second3.96 × 3.60 m
Dining RoomMain5.30 × 4.20 m

hardwood floor · window

Living RoomIn Between5.91 × 5.42 m

hardwood floor · large window

KitchenMain4.90 × 4.60 m

hardwood floor · stainless steel appl

Bedroom 3Second3.96 × 3.53 m
OfficeMain3.77 × 3.08 m

Hardwood Floor

Bedroom 2Second4.00 × 3.35 m
BreakfastMain4.00 × 3.35 m

hardwood floor · combined w/family

Family RoomMain6.70 × 4.60 m

hardwood floor · fireplace · overlooks backyard

Primary BedroomSecond6.46 × 3.96 m

walk-in closet(s) · 5 pc ensuite · overlooks backyard

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby 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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Affordability & Mortgage

Affordability
$8,199/mo
$342KIncome needed
5.3×Price ÷ income
$1,892Weekly cost
$32,453Land 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.

91%mortgage
Mortgage $8,199Property tax $825Total carry $9,024

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)
$7,957per month

Mortgage amount $1,439,110 · 4.49% over 25 years

$359,778Down payment (20.0%)
$1,439,110Loan before insurance
$0CMHC premium
$8,782Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,957
Property tax
$825
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,782

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

One-time closing costs

Ontario land transfer tax
$32,453
Estimated closing costs
$32,453

Plus your down payment of $359,778. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$9,631/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

$948,016Total interest paid
$2,387,127Total of all payments
Principal $1,439,110 Interest $948,016
YearPrincipalInterestBalance
1$32,115$63,370$1,406,996
2$33,573$61,912$1,373,423
3$35,097$60,388$1,338,325
4$36,691$58,794$1,301,634
5$38,357$57,128$1,263,278
6$40,098$55,387$1,223,179
7$41,919$53,566$1,181,260
8$43,822$51,663$1,137,438
9$45,812$49,673$1,091,626
10$47,892$47,593$1,043,734
11$50,066$45,419$993,668
12$52,340$43,145$941,328
13$54,716$40,769$886,612
14$57,200$38,285$829,411
15$59,798$35,687$769,614
16$62,513$32,972$707,101
17$65,351$30,134$641,750
18$68,318$27,167$573,432
19$71,420$24,065$502,012
20$74,663$20,822$427,349
21$78,053$17,432$349,296
22$81,597$13,888$267,700
23$85,302$10,184$182,398
24$89,175$6,310$93,223
25$93,223$2,262$0

At the end of your 5-year term

Total paid over the term
$477,425
Principal paid down
$175,833
Interest paid
$301,593
Balance remaining
$1,263,278

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
3.7%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.

4.9%
Gross yield
− Property tax $9,900− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $67,198

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE/MIRACLE REALTY LTD. MLS®/PropTx.

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