13119 Highway 27 Road, King, ON

Nobleton, King · MLS® N13843948

$1,349,999
For Sale
Listed 19 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
1Garage · 6 parking
1100-1500Sq ft

About this home

In short

  • Attention Builders, Renovators & Investors.
  • Existing 3-Bedroom, 2-Bathroom Home Features 3 Separate Entrances And A Beautiful Loft With 2 Skylights.
  • Roof, Windows & Furnace Were All Updated In 2016.
  • Excellent Potential For Redevelopment, Investment Or Future Commercial Use.

Attention Builders, Renovators & Investors! Prime Redevelopment Opportunity In The Heart Of Nobleton! Core Commercial Zoning Permits A Variety Of Potential Uses, Making This An Excellent Investment Opportunity. Existing 3-Bedroom, 2-Bathroom Home Features 3 Separate Entrances And A Beautiful Loft With 2 Skylights. Roof, Windows & Furnace Were All Updated In 2016. Excellent Potential For Redevelopment, Investment Or Future Commercial Use.

Key facts

Property type
Detached, Bungalow
MLS®
N13843948
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
1100-1500 sq ft
Lot
62.01 × 165 ft
Cross streets
King Rd And Highway 27
Parking
1 garage · 6 parking (detached)
Driveway
Private
Basement
Unfinished
Heating
Water
A/C
None
Exterior
Brick
Foundation
Brick
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,201 / 2025
Days on market
19
Listing brokerage
STONECASTLE REALTY GROUP INC.

Rooms

LoftUpper26.00 × 13.00 m
SunroomBasement11.42 × 11.42 m
Primary BedroomMain13.00 × 10.33 m
Bedroom 2Main9.92 × 9.92 m
Family RoomMain19.67 × 12.33 m
Our TakeTeam Asgarian · Broker
A discount is typical here
$1.29Mlikely sale price

Listed at $1,349,999. Going by how homes in Nobleton and the wider GTA have actually closed against their asking prices (about 95%, 19 local closings in 90 days), the likely sale price is near $1.29M, if it sells. A realistic range is $1.20M to $1.45M.

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
$1.20MBelow recent closings$1.45MAbove recent closings

Total price vs nearby homes. Likely closing about $1.29M, from 19 recent closings in this pocket.

The market behind the math:

19sold nearby · 90 days
$1.85Mmedian sold price
92%of asking, on average
−7%prices vs a year ago
~27 dayshomes like this take to sell
19days on market so far
$2,941/moest. rent · 7 leases
2.6%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 6.2 months of inventory: 39 detached homes for sale in the area against 19 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 $1,038/sqft against an area asking average of $769/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 19 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $937K. 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.

  • Development potential: upside only if zoning permits, verify with the city before relying on it. Worth verifying
Read this with carewhy it’s an estimate, not an appraisal

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

Based on 19 comparable homes that sold in Nobleton over the past two years, from 98 closings there.

What sellers nearby are askingCurrently listed nearby in Nobleton · asking prices
$1.19Mavg 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 $1.15M, which is where my estimate comes from.

Per square foot, these ask about $767/sqft; this home lists at $1,038/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.35MThis home999k990k1.10M999k1.85MThis 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.

Schomberg
$2.30M
Pottageville
$1.69M
King City
$2.85M
Rural King
$4.30M

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
$6,153/mo
$251KIncome needed
5.4×Price ÷ income
$1,420Weekly cost
$23,475Land 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 $6,153Property tax $433Total carry $6,586

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,972per month

Mortgage amount $1,079,999 · 4.49% over 25 years

$270,000Down payment (20.0%)
$1,079,999Loan before insurance
$0CMHC premium
$6,405Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,972
Property tax
$433
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,405

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

One-time closing costs

Ontario land transfer tax
$23,475
Estimated closing costs
$23,475

Plus your down payment of $270,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,228/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

$711,451Total interest paid
$1,791,450Total of all payments
Principal $1,079,999 Interest $711,451
YearPrincipalInterestBalance
1$24,101$47,557$1,055,898
2$25,195$46,463$1,030,703
3$26,339$45,319$1,004,364
4$27,535$44,123$976,829
5$28,785$42,873$948,043
6$30,092$41,566$917,951
7$31,459$40,199$886,492
8$32,887$38,771$853,605
9$34,380$37,278$819,225
10$35,941$35,717$783,284
11$37,573$34,085$745,711
12$39,279$32,379$706,432
13$41,062$30,596$665,369
14$42,927$28,731$622,443
15$44,876$26,782$577,567
16$46,913$24,745$530,653
17$49,043$22,615$481,610
18$51,270$20,388$430,340
19$53,598$18,060$376,741
20$56,032$15,626$320,710
21$58,576$13,082$262,134
22$61,235$10,423$200,899
23$64,016$7,642$136,883
24$66,922$4,736$69,961
25$69,961$1,697$0

At the end of your 5-year term

Total paid over the term
$358,290
Principal paid down
$131,956
Interest paid
$226,334
Balance remaining
$948,043

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 7 whole-home leases in Nobleton$2,941/mo
$35,292Gross annual rent
1.8%Cap rate after taxes and upkeep
$2,706 to $3,176Typical rent range
~9 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 7 whole-home leases in Nobleton signed at a median of $3,377 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,941. 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.

2.6%
Gross yield
− Property tax $5,201− Insurance $1,400− Vacancy & upkeep $3,882Net operating income $24,809

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of STONECASTLE REALTY GROUP INC.. MLS®/PropTx.

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