50 Collard Drive, King, ON
King City, King · MLS® N13837964
About this home
In short
- Rare offering in the heart of King City, this exceptional 3.917-acre parcel presents a truly unique opportunity to create a custom estate or secure a versatile...
- Existing accommodations include a 4-bedroom, 3-bathroom unit, a 4-bedroom, 2-bathroom unit, and a 3-bedroom, 2-bathroom unit, each with functional layouts and...
- Ideally located just minutes from Highway 400 and under 5 minutes to King City's charming village core, residents enjoy convenient access to boutique shops...
Rare offering in the heart of King City, this exceptional 3.917-acre parcel presents a truly unique opportunity to create a custom estate or secure a versatile investment in one of the area's most prestigious enclaves. Surrounded by rolling landscapes, open fields, and distinguished multi-million dollar residences, the setting provides the perfect backdrop for a private compound or architectural statement. Tucked away on a quiet street, the property currently features three self-contained residences, offering immediate income potential, multi-generational living, or interim use while planning a future build. Existing accommodations include a 4-bedroom, 3-bathroom unit, a 4-bedroom, 2-bathroom unit, and a 3-bedroom, 2-bathroom unit, each with functional layouts and independent living spaces. Ideally located just minutes from Highway 400 and under 5 minutes to King City's charming village core, residents enjoy convenient access to boutique shops, restaurants, grocery stores, banks, the King City Public Library, and the GO Station-blending small-town character with everyday convenience. Whether you envision a landmark estate, family compound, or long-term investment, this property offers scale, flexibility, and an unrivalled setting in a highly sought-after location.
Key facts
- Property type
- Detached, 1 1/2 Storey
- MLS®
- N13837964
- Bedrooms
- 7+4 (11 total)
- Bathrooms
- 7 (1 half)
- Size
- 5,000 sq ft
- Cross streets
- Jane/King Vaughan
- Parking
- 3 garage (attached)
- Driveway
- Private
- Basement
- Apartment, Finished with Walk-Out, Separate Entrance, Finished
- Kitchens
- 3 (2 + 1)
- Heating
- Forced Air
- A/C
- None
- Exterior
- Aluminum Siding, Brick
- Foundation
- Unknown
- Roof
- Shingles
- Sewer
- Septic
- Property tax
- $13,904 / 2026
- Days on market
- 20
- Listing brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Rooms
This home is in the largest size bracket the board records (5,000 sq ft and up). Comparable-sales math compares homes by size, and too few homes this large sell nearby to compare it fairly, so no automatic estimate is shown. The largest homes in King City (3,500 sq ft and up) have sold between $1.85M and $13.45M over the last two years (54 sales).
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For sale
For sale
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For sale
For sale
For saleNothing 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 $2.20M, which is where my estimate comes from.
Per square foot, these ask about $700/sqft; this home lists at $570/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold 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.
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
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $2.20M | 17 |
| November 2025 | $2.25M | 22 |
| December 2025 | $1.90M | 12 |
| January 2026 | $1.82M | 9 |
| February 2026 | $2.26M | 8 |
| March 2026 | $1.91M | 16 |
| April 2026 | $1.60M | 14 |
| May 2026 | $1.80M | 21 |
| June 2026 | $2.57M | 15 |
| July 2026 | $2.00M | 15 |
| August 2026 | $1.83M | 17 |
| September 2026 | $1.81M | 17 |
Neighbourhood & location
King City, King, ON
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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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $2,279,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $12,602
- Property tax
- $1,159
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $13,761
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $57,700
- Estimated closing costs
- $57,700
Plus your down payment of $569,800. 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
- $756,125
- Principal paid down
- $278,476
- Interest paid
- $477,649
- Balance remaining
- $2,000,724
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
About the suite: in King City basements rarely rent out (4 of 61 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.
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 22 whole-home leases in King City signed at a median of $6,399 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $7,435. 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 ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.