4 Loch Erne Lane, King, ON

Nobleton, King · MLS® N13839170

$3,750,000
For Sale
Listed 20 days agoNo offer date stated
Request a showing
◎ Directions
4+2Bedrooms
8Bathrooms
4Garage
3500-5000Sq ft

About this home

In short

  • An extraordinary must-see ranch style bungalow set on a private, gated, 2 acre estate lot in the prestigious Nobleton Lakes community.
  • Tucked away on a quiet cul-de-sac and within walking distance of Nobleton Lakes Golf Course, this spectacular residence offers approximately 8,000 Sq.
  • Ft. of luxurious living space, beautifully transformed by a recent $2 Million Renovation.
  • Exceptional finishes include seven inch Hardwood and Porcelain Flooring, solid interior doors eight-inch baseboards, extensive Moldings, Wainscotting and exquisite...
  • Soaring ceilings ranging from 9-22 Feet enhance the bright-open concept interior, while multiple walkouts lead to patios, a glass enclosed deck and beautifully...

An extraordinary must-see ranch style bungalow set on a private, gated, 2 acre estate lot in the prestigious Nobleton Lakes community. Tucked away on a quiet cul-de-sac and within walking distance of Nobleton Lakes Golf Course, this spectacular residence offers approximately 8,000 Sq. Ft. of luxurious living space, beautifully transformed by a recent $2 Million Renovation. Designed for grand scale entertaining and comfortable family living, the home features 6 Bedrooms, 8 Spa Inspired Bathrooms, 2 Chef Inspired Kitchens, 7 Fireplaces and a heated 4 Car Garage. Exceptional finishes include seven inch Hardwood and Porcelain Flooring, solid interior doors eight-inch baseboards, extensive Moldings, Wainscotting and exquisite custom Millwork. A stunning blend of textures, fluted detailing and designing LED lighting creates visual impact throughout. Soaring ceilings ranging from 9-22 Feet enhance the bright-open concept interior, while multiple walkouts lead to patios, a glass enclosed deck and beautifully landscaped grounds surrounded by mature greenery. Ideal for a large or multigenerational family seeking privacy, space, and refined luxury. Minutes from Highway 27 and 400, Pearson International Airport, Golf Courses, Trails, Amenities, and King Township's finest private schools, including the Country Day School and Villanova College.

Key facts

Property type
Detached, Bungalow
MLS®
N13839170
Bedrooms
4+2 (6 total)
Bathrooms
8 (1 half)
Size
3500-5000 sq ft
Lot
274.63 × 298.71 ft
Cross streets
Highway 27 and Nobelton Lakes Dr
Parking
4 garage (attached)
Driveway
Circular Drive
Basement
Separate Entrance, Walk-Up, Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Metal
Sewer
Septic
Property tax
$14,307 / 2025
Days on market
20
Listing brokerage
CENTURY 21 HERITAGE GROUP LTD.

Rooms

Bedroom 2Main6.71 × 4.27 m

hardwood floor · coffered ceiling(s) · 4 pc ensuite

Family RoomMain5.18 × 4.57 m

fireplace · coffered ceiling(s) · wainscoting

Bedroom 5Basement4.88 × 3.35 m

porcelain floor · walk-in closet(s) · 3 pc ensuite

KitchenMain3.66 × 3.66 m

quartz counter · centre island · stainless steel appl

Bedroom 3Main6.71 × 4.27 m

hardwood floor · large window · 4 pc ensuite

RecreationBasement10.97 × 6.71 m

porcelain floor · led lighting · wainscoting

Family RoomBasement8.23 × 6.10 m

porcelain floor · fireplace · wainscoting

KitchenBasement6.01 × 5.18 m

porcelain floor · centre island · quartz counter

LaundryMain3.66 × 3.96 m

porcelain floor · crown moulding · w/o to garage

Bedroom 4Main3.05 × 3.66 m

hardwood floor · large window · 4 pc ensuite

BreakfastMain4.88 × 4.88 m

porcelain floor · coffered ceiling(s) · w/o to deck

Primary BedroomMain9.14 × 9.14 m

fireplace · walk-in closet(s) · 5 pc ensuite

RecreationBasement8.23 × 8.23 m

fireplace · wainscoting

Living RoomMain6.40 × 5.49 m

fireplace · coffered ceiling(s) · led lighting

Dining RoomMain4.72 × 4.27 m

hardwood floor · coffered ceiling(s) · pantry

BedroomBasement4.27 × 6.10 m

porcelain floor · walk-in closet(s) · 3 pc ensuite

Our TakeTeam Asgarian · Broker
A discount is typical here
$3.59Mlikely sale price

Listed at $3,750,000. Going by how homes in Rural King and the wider GTA have actually closed against their asking prices (about 96%, 13 local closings in 90 days), the likely sale price is near $3.59M, if it sells. A realistic range is $3.36M to $4.05M.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The listing describes about 8,000 sq ft, while the size on record is 3500 to 5000 sq ft.

List price
$3.36MBelow recent closings$4.05MAbove recent closings

Total price vs nearby homes. Likely closing about $3.59M, from 13 recent closings in this pocket.

The market behind the math:

13sold nearby · 90 days
$2.10Mmedian sold price
92%of asking, on average
+31%prices vs a year ago
~58 dayshomes like this take to sell
20days on market so far
$5,445/moest. rent · 8 leases
1.7%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.6 months of inventory: 7 detached homes for sale in the area against 13 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 $882/sqft against an area asking average of $1,505/sqft.

  • Separate-entrance basement apartment features. A finished 2 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. In Rural King basements rarely rent out (2 of 35 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the Town of King.
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 13 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $3.47M. 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($882/sqft) is below the area, so you are paying for extra space rather than a premium.

The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.

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

Based on 13 comparable homes that sold in Rural King over the past two years, from 110 closings there.

What sellers nearby are askingCurrently listed nearby · asking prices
$4.21Mavg 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 $3.46M, which is where my estimate comes from.

Per square foot, these ask about $870/sqft; this home lists at $882/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
3.75MThis home3.19M3.70M5.00M3.80M5.39MThis 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.

Nobleton
$2.16M
Schomberg
$2.30M
Pottageville
$1.69M
King City
$2.85M

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
$17,091/mo
$689KIncome needed
5.4×Price ÷ income
$3,944Weekly cost
$80,225Land 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 $17,091Property tax $1,192Total carry $18,284

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)
$16,588per month

Mortgage amount $3,000,000 · 4.49% over 25 years

$750,000Down payment (20.0%)
$3,000,000Loan before insurance
$0CMHC premium
$17,780Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$16,588
Property tax
$1,192
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$17,780

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

One-time closing costs

Ontario land transfer tax
$80,225
Estimated closing costs
$80,225

Plus your down payment of $750,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$20,077/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

$1,976,254Total interest paid
$4,976,254Total of all payments
Principal $3,000,000 Interest $1,976,254
YearPrincipalInterestBalance
1$66,947$132,103$2,933,053
2$69,987$129,063$2,863,066
3$73,165$125,886$2,789,901
4$76,487$122,564$2,713,415
5$79,959$119,091$2,633,455
6$83,590$115,460$2,549,866
7$87,385$111,665$2,462,480
8$91,353$107,697$2,371,128
9$95,501$103,550$2,275,627
10$99,837$99,214$2,175,790
11$104,370$94,681$2,071,421
12$109,108$89,942$1,962,312
13$114,062$84,988$1,848,250
14$119,241$79,809$1,729,009
15$124,655$74,395$1,604,353
16$130,315$68,735$1,474,038
17$136,232$62,818$1,337,806
18$142,417$56,633$1,195,389
19$148,884$50,166$1,046,505
20$155,644$43,406$890,861
21$162,711$36,340$728,151
22$170,098$28,952$558,052
23$177,821$21,229$380,231
24$185,895$13,155$194,336
25$194,336$4,715$0

At the end of your 5-year term

Total paid over the term
$995,251
Principal paid down
$366,545
Interest paid
$628,706
Balance remaining
$2,633,455

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 Rural King$5,445/mo
$65,340Gross annual rent
1.1%Cap rate after taxes and upkeep
$4,339 to $6,423Typical rent range

About the suite: in Rural King basements rarely rent out (2 of 35 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 numbers

The last 8 whole-home leases in Rural King signed at a median of $4,423 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,445. 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.

1.7%
Gross yield
− Property tax $14,307− Insurance $1,400− Vacancy & upkeep $7,187Net operating income $42,446

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 HERITAGE GROUP LTD.. MLS®/PropTx.

CallRequest a showing