12975 Mill Road, King, ON
Rural King, King · MLS® N13843154
About this home
In short
- A statement in craftsmanship and design, this custom-built residence spans approximately 8,660 square feet above grade and offers an exceptional sense of scale paired...
- Featuring 5+2 bedrooms, with ensuites and custom built-in closets, the home delivers both privacy and consistency in design.
- At the centre, a beautifully appointed chef's kitchen is outfitted with top-of-the-line Wolf and Sub-Zero appliances, seamlessly connecting to the surrounding...
- A fully integrated Control4 smart system allows for effortless control of lighting, climate, and media across the home.
- On the main level, a striking wine display serves as a design focal point, while the indoor pool introduces a rare, resort-style element, offering year-round enjoyment.
A statement in craftsmanship and design, this custom-built residence spans approximately 8,660 square feet above grade and offers an exceptional sense of scale paired with refined, curated finishes throughout. Featuring 5+2 bedrooms, with ensuites and custom built-in closets, the home delivers both privacy and consistency in design. At the centre, a beautifully appointed chef's kitchen is outfitted with top-of-the-line Wolf and Sub-Zero appliances, seamlessly connecting to the surrounding principal spaces. A fully integrated Control4 smart system allows for effortless control of lighting, climate, and media across the home. On the main level, a striking wine display serves as a design focal point, while the indoor pool introduces a rare, resort-style element, offering year-round enjoyment. The lower level is thoughtfully finished with a private movie theatre and a home gym, creating additional space tailored for comfort and recreation. The primary suite is a true retreat, complete with a spa-inspired ensuite and separate his-and-hers walk-in closets, both finished with custom built-ins. Every element of this home reflects a high level of care, from the quality of construction to the cohesion in design, an impressive and well-executed offering from start to finish.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13843154
- Bedrooms
- 5+2 (7 total)
- Bathrooms
- 8 (1 half)
- Size
- 5,000 sq ft
- Lot
- 239.48 × 221.8 ft
- Cross streets
- King Rd & Mill Rd
- Parking
- 3 garage · 11 parking (built-in)
- Basement
- Separate Entrance, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Septic
- Pool
- Indoor
- Property tax
- $22,730 / 2025
- Days on market
- 15
- Listing brokerage
- THE AGENCY
Rooms
4 pc ensuite · walk-in closet(s) · large window
centre island · pantry · large window
3 pc ensuite · walk-in closet(s) · window
hardwood floor · fireplace · pot lights
hardwood floor · fireplace · pot lights
hardwood floor · 5 pc ensuite · his and hers closets
hardwood floor · large window · pot lights
open concept · hardwood floor · pot lights
large window · open concept
hardwood floor · walk-in closet(s) · 3 pc ensuite
hardwood floor · walk-in closet(s) · 3 pc ensuite
large window · open concept · 2 pc bath
hardwood floor · walk-in closet(s) · 3 pc ensuite
Large Window
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 Rural King (3,500 sq ft and up) have sold between $1.10M and $8.50M over the last two years (29 sales).
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For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $1,060/sqft; this home lists at $1,078/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
Rural King, 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 16, 2026); conventional rates run a little higher.
Mortgage amount $4,310,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $23,833
- Property tax
- $1,894
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $25,727
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $121,175
- Estimated closing costs
- $121,175
Plus your down payment of $1,077,600. 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
- $1,429,976
- Principal paid down
- $526,651
- Interest paid
- $903,325
- Balance remaining
- $3,783,749
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 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 numbersThe last 21 whole-home leases in Rural King signed at a median of $3,566 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,239. 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 THE AGENCY. MLS®/PropTx.