13066 Keele Street, King, ON
King City, King · MLS® N13839594
About this home
In short
- Extraordinary opportunity located right in the heart of King City, a truly exceptional 53 x 200 ft developable lot that is bursting with potential and ready to shape...
- Currently operating as a professional office, this charming property boasts a well-designed layout, including 5-6 offices, a reception area, a spacious boardroom, a...
- The expansive lot features ample parking for 8-10 vehicles, with room for expansion to accommodate even more.
- Whether you're looking to renovate for your business needs, convert into a residence, or develop for future growth, the possibilities are endless.EXTRAS Existing...
Extraordinary opportunity located right in the heart of King City, a truly exceptional 53 x 200 ft developable lot that is bursting with potential and ready to shape the future of the King City Core! Currently operating as a professional office, this charming property boasts a well-designed layout, including 5-6 offices, a reception area, a spacious boardroom, a kitchen, 2 bathrooms, and a convenient kitchenette. The expansive lot features ample parking for 8-10 vehicles, with room for expansion to accommodate even more. This property is ideal for a variety of professional uses such as medical practices, law firms, accounting offices, engineering firms, or real estate agencies. It also holds the potential to be converted into a residential property to suit your vision. Strategically located just steps from the Keele and King Road intersection, this property offers excellent visibility, signage opportunities, and proximity to public transit, ensuring convenience for clients and employees alike. The full basement provides additional storage, while three separate entrances offer flexibility for multi-use configurations. With no heritage designation, the property allows for future development or expansion without restrictions, making it a truly valuable investment. Whether you're looking to renovate for your business needs, convert into a residence, or develop for future growth, the possibilities are endless.**EXTRAS** Existing furniture is available for tenant use. Don't miss your chance to own a prime piece of King City's thriving core
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13839594
- Bedrooms
- 3
- Bathrooms
- 2 (1 half)
- Size
- 1500-2000 sq ft
- Lot
- 53.45 × 200 ft
- Cross streets
- Keele St & King Rd
- Parking
- 10 parking
- Driveway
- Available
- Basement
- Unfinished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $18,106 / 2025
- Days on market
- 16
- Listing brokerage
- REMAX YOUR COMMUNITY REALTY
Listed at $1,599,900. 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 $1.54M, if it sells. A realistic range is $1.45M to $1.74M.
Independent value check: $1.74M. Without looking at the asking price, our model values the home itself about 9% above the ask (homes like it typically land between $1.63M and $1.83M).
Why $1.74M. 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 stronglyIt is 1,500 to 2,000 sq ft; the typical home sold here is 3,500 to 5,000.
- ▼ Lowers it3 bedrooms and 2 baths, against 4+1 and 4 typically.
- ▲ Raises itIts tax bill, which follows the city's own assessment, is $18,106 a year; the typical home sold here pays about $12,600.
- ▼ Lowers itIts lot is 53 by 200 ft; the typical lot sold here is 83 by 148.
Total price vs nearby homes. Likely closing about $1.54M, from 17 recent closings in this pocket.
The market behind the math:
About 3.5 months of inventory: 20 detached homes for sale in the area against 17 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $914/sqft against an area asking average of $652/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 $2.79M. Condition and finishes remain an in-person call.
What the listing highlights1 point to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Currently tenanted: confirm the lease terms and vacant-possession timing before closing. Worth verifying
Read this with carewhy it’s an estimate, not an appraisal
Below comparable homes on total price, yet the price per square foot ($914/sqft) is above the area, which usually points to a smaller or more efficient layout.
There were not many closely comparable homes right in King City, so I widened the search to the surrounding area.
Based on 17 comparable homes that sold in King City over the past two years, from 121 closings there.
For sale
For sale
For sale
For sale
For sale
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 $1.74M, which is where my estimate comes from.
Per square foot, these ask about $1,388/sqft; this home lists at $914/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
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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 16, 2026); conventional rates run a little higher.
Mortgage amount $1,279,920 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,077
- Property tax
- $1,509
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,586
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $28,473
- Estimated closing costs
- $28,473
Plus your down payment of $319,980. 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
- $424,614
- Principal paid down
- $156,383
- Interest paid
- $268,231
- Balance remaining
- $1,123,537
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
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 15 whole-home leases in King City signed at a median of $3,577 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,387. 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 REMAX YOUR COMMUNITY REALTY. MLS®/PropTx.