160 Burton Grove, King, ON

King City, King · MLS® N13842540

$2,838,000
For Sale
Listed 15 days agoNo offer date stated
4Bedrooms
4Bathrooms
3Garage · 6 parking
2500-3000Sq ft

About this home

In short

  • Privacy, luxury and resort-style living in the heart of King City.
  • Set on a rare half-acre (100 x 213 ft.) framed by mature trees, this home has over $400,000 in upgrades.
  • Outside, enjoy a 15 x 30 ft. concrete pool with automatic cover and a heated pergola with sliding glass doors and automated roof, ideal for entertaining in every season.
  • Herringbone hardwood, two electric fireplaces, programmable Lutron shades and newly upgraded stairs add warmth and style.
  • A 20 KW generator, central vacuum, water softener, myQ entry, EV charger and garage wall storage add everyday ease and peace of mind.

Privacy, luxury and resort-style living in the heart of King City. Set on a rare half-acre (100 x 213 ft.) framed by mature trees, this home has over $400,000 in upgrades.Outside, enjoy a 15 x 30 ft. concrete pool with automatic cover and a heated pergola with sliding glass doors and automated roof, ideal for entertaining in every season. Outdoor gas, timed lighting and holiday soffit lighting make hosting easy.Inside, four bedrooms and four baths offer space and comfort. Herringbone hardwood, two electric fireplaces, programmable Lutron shades and newly upgraded stairs add warmth and style. Unwind in the main-level sauna, then retreat to the finished lower level with a new heated bath and steam shower.A 20 KW generator, central vacuum, water softener, myQ entry, EV charger and garage wall storage add everyday ease and peace of mind.Minutes from Highway 400 and prestigious private schools, this is a private, elevated way to live in King City.

Key facts

Property type
Detached, 2-Storey
MLS®
N13842540
Bedrooms
4
Bathrooms
4
Size
2500-3000 sq ft
Lot
99.77 × 213.93 ft
Cross streets
Keele St/ King Rd
Parking
3 garage · 6 parking (attached)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$9,905 / 2026
Days on market
15
Listing brokerage
RE/MAX EXPERTS

Rooms

KitchenMain3.49 × 3.77 m

ceramic floor · open concept · overlooks garden

Dining RoomMain3.41 × 4.11 m

laminate · large window · overlooks backyard

BreakfastMain2.59 × 3.49 m

ceramic floor · bay window · overlooks backyard

Living RoomMain3.41 × 4.78 m

laminate · bay window · overlooks frontyard

Bedroom 3Second3.41 × 4.19 m

broadloom · large closet · large window

Family RoomMain3.41 × 7.92 m

laminate · fireplace · overlook patio

Primary BedroomSecond3.66 × 6.09 m

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

RecreationBasement3.20 × 8.87 m

laminate · wet bar · heated floor

OfficeMain2.63 × 3.05 m

laminate · b/i bookcase · overlooks frontyard

Bedroom 4Second3.41 × 4.07 m

broadloom · large closet · large window

Media RoomBasement3.41 × 8.87 m

laminate · window · heated floor

Bedroom 2Second2.89 × 3.58 m

broadloom · closet · large window

Our TakeTeam Asgarian · Broker
A small discount is typical
$2.74Mlikely sale price

Listed at $2,838,000. 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 $2.74M, if it sells. A realistic range is $2.57M to $3.09M.

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 usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.

List price
$2.57MBelow recent closings$3.09MAbove recent closings

Total price vs nearby homes. Likely closing about $2.74M, from 17 recent closings in this pocket.

The market behind the math:

17sold nearby · 90 days
$2.25Mmedian sold price
95%of asking, on average
−9%prices vs a year ago
~35 dayshomes like this take to sell
15days on market so far
$4,300/moest. rent · 17 leases
1.8%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.6 months of inventory: 9 detached homes for sale in the area against 17 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 $1,032/sqft against an area asking average of $730/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 $2.31M. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle

Based on 17 comparable homes that sold in King City over the past two years, from 121 closings there.

What sellers nearby are askingCurrently listed nearby in King City · asking prices
$2.38Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $818/sqft; this home lists at $1,032/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
2.84MThis home2.50M1.95M2.69MThis 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

King City, 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.

Rural King
$4.41M
Nobleton
$2.08M
Pottageville
$2.07M
Schomberg
$2.15M

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
$12,935/mo
$520KIncome needed
5.5×Price ÷ income
$2,985Weekly cost
$57,425Land 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.

94%mortgage
Mortgage $12,935Property tax $825Total carry $13,760

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 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$12,553per month

Mortgage amount $2,270,400 · 4.49% over 25 years

$567,600Down payment (20.0%)
$2,270,400Loan before insurance
$0CMHC premium
$13,379Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$12,553
Property tax
$825
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$13,379

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

One-time closing costs

Ontario land transfer tax
$57,425
Estimated closing costs
$57,425

Plus your down payment of $567,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$15,194/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

$1,495,629Total interest paid
$3,766,029Total of all payments
Principal $2,270,400 Interest $1,495,629
YearPrincipalInterestBalance
1$50,666$99,976$2,219,734
2$52,966$97,675$2,166,768
3$55,371$95,270$2,111,397
4$57,885$92,756$2,053,512
5$60,513$90,128$1,992,999
6$63,261$87,380$1,929,738
7$66,133$84,508$1,863,605
8$69,136$81,505$1,794,469
9$72,275$78,366$1,722,195
10$75,556$75,085$1,646,638
11$78,987$71,654$1,567,651
12$82,573$68,068$1,485,078
13$86,322$64,319$1,398,756
14$90,242$60,399$1,308,514
15$94,339$56,302$1,214,175
16$98,623$52,019$1,115,552
17$103,100$47,541$1,012,452
18$107,782$42,860$904,670
19$112,675$37,966$791,995
20$117,791$32,850$674,204
21$123,139$27,502$551,064
22$128,730$21,911$422,334
23$134,575$16,066$287,759
24$140,686$9,956$147,073
25$147,073$3,568$0

At the end of your 5-year term

Total paid over the term
$753,206
Principal paid down
$277,401
Interest paid
$475,805
Balance remaining
$1,992,999

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 17 whole-home leases in King City$4,300/mo
$51,600Gross annual rent
1.2%Cap rate after taxes and upkeep
$4,085 to $4,986Typical rent range
~21 daysTo find a tenant, on average

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 17 whole-home leases in King City signed at a median of $4,587 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,300. 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.

1.8%
Gross yield
− Property tax $9,905− Insurance $1,400− Vacancy & upkeep $5,676Net operating income $34,619

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX EXPERTS. MLS®/PropTx.

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