7 Dennison Street, King, ON

King City, King · MLS® N13851892

$1,299,990
For Sale
Listed 14 days agoNo offer date stated
Request a showing
◎ Directions
3Bedrooms
3Bathrooms
1Garage · 3 parking
1500-2000Sq ft

About this home

In short

  • An exceptional two-storey freehold executive townhome in prestigious King City, meticulously crafted by Townwood Homes-an established builder with a proud tradition...
  • Impressive 9-foot ceilings extend across the basement, main and second floors, complemented by vintage hardwood flooring, 8-foot interior doors on the main and second...
  • The designer kitchen is beautifully appointed with premium Fisher & Paykel appliances, quartz countertops, an undermount sink, full quartz backsplash and a dramatic...
  • The partially finished basement includes a full bathroom, providing additional living space and flexibility.

An exceptional two-storey freehold executive townhome in prestigious King City, meticulously crafted by Townwood Homes-an established builder with a proud tradition of excellence since 1974. Thoughtfully designed to blend seamlessly with the surrounding community, the distinguished exterior showcases an elegant stone-and-brick façade, professional landscaping and a partially interlocked driveway. Inside, exceptional craftsmanship and sophisticated finishes are evident throughout. Impressive 9-foot ceilings extend across the basement, main and second floors, complemented by vintage hardwood flooring, 8-foot interior doors on the main and second levels, a contemporary trim package and a striking oak staircase with wrought-iron pickets. The designer kitchen is beautifully appointed with premium Fisher & Paykel appliances, quartz countertops, an undermount sink, full quartz backsplash and a dramatic waterfall island. Luxurious bathrooms feature quartz countertops, undermount sinks and sleek black plumbing. Fixtures. The spa-inspired ensuite offers a freestanding tub and an elegant glass shower enclosure. The partially finished basement includes a full bathroom, providing additional living space and flexibility. Every element of this residence has been carefully considered and tastefully selected, reflecting the time, care and attention invested in creating a truly distinguished home where no detail has been overlooked.

Key facts

Property type
Townhouse, 2-Storey
MLS®
N13851892
Bedrooms
3
Bathrooms
3 (1 half)
Size
1500-2000 sq ft
Lot
24.61 × 94.91 ft
Cross streets
KEELE AND DENNISON
Parking
1 garage · 3 parking (built-in)
Driveway
Mutual
Basement
Partially Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Days on market
14
Listing brokerage
ROYAL LEPAGE ELITE REALTY

Rooms

Bedroom 4Second2.74 × 2.74 m

hardwood floor · closet · window

Primary BedroomSecond3.28 × 4.57 m

hardwood floor · 5 pc ensuite · walk-in closet(s)

Family RoomMain6.12 × 3.35 m

hardwood floor · w/o to yard · window

BreakfastMain3.60 × 3.05 m

hardwood floor · open concept · window

Bedroom 2Second2.87 × 3.63 m

hardwood floor · closet · window

KitchenMain3.35 × 3.05 m

hardwood floor · quartz counter · stainless steel appl

Bedroom 3Second2.87 × 4.22 m

hardwood floor · closet · window

OfficeMain2.74 × 4.75 m

hardwood floor · window · formal rm

RecreationLower5.99 × 4.47 m

broadloom · 3 pc bath

Our TakeTeam Asgarian · Broker
Ask and comparable sales differ
$1.02Mautomated comparable-sales estimate

Listed at $1,299,990. Comparable closings put this home around $1.02M, so the ask is about 28% above what similar homes have sold for.

List price
$898KBelow recent closings$1.30MAbove recent closings

Total price vs nearby homes. Fair value about $1.02M, median of 17 comparables.

The market behind the math:

4sold nearby · 90 days
14days on market so far
$3,733/moest. rent · 9 leases
3.4%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.8 months of inventory: 5 townhouse homes for sale in the area against 4 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 $743/sqft against an area asking average of $633/sqft.

How this estimate is builtthe short version

I take the 17 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call.

What the listing highlights3 points to weigh

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

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

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 21 closings there.

What sellers nearby are askingCurrently listed nearby in King City · asking prices
$1.32Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market. Homes like this one have recently closed around $1.02M, which is where my estimate comes from.

Per square foot, these ask about $661/sqft; this home lists at $743/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.30MThis home1.25M1.10M1.35M1.58MThis home vs active comparables

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.

Nobleton
$1.15M

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
$5,925/mo
$256KIncome needed
5.1×Price ÷ income
$1,367Weekly cost
$22,475Land 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.

88%mortgage
Mortgage $5,925Estimated property tax $812Total carry $6,737

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

years
years (your rate-locked period)
$5,750per month

Mortgage amount $1,039,992 · 4.49% over 25 years

$259,998Down payment (20.0%)
$1,039,992Loan before insurance
$0CMHC premium
$6,563Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,750
Estimated property tax
$813
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,563

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

One-time closing costs

Ontario land transfer tax
$22,475
Estimated closing costs
$22,475

Plus your down payment of $259,998. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,960/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

$685,096Total interest paid
$1,725,088Total of all payments
Principal $1,039,992 Interest $685,096
YearPrincipalInterestBalance
1$23,208$45,795$1,016,784
2$24,262$44,742$992,522
3$25,364$43,640$967,158
4$26,515$42,488$940,643
5$27,719$41,285$912,924
6$28,978$40,026$883,947
7$30,293$38,710$853,653
8$31,669$37,335$821,985
9$33,107$35,897$788,878
10$34,610$34,394$754,268
11$36,181$32,822$718,087
12$37,824$31,180$680,263
13$39,541$29,462$640,722
14$41,337$27,667$599,385
15$43,214$25,790$556,172
16$45,176$23,828$510,996
17$47,227$21,777$463,769
18$49,371$19,633$414,398
19$51,613$17,391$362,786
20$53,956$15,047$308,829
21$56,406$12,598$252,424
22$58,967$10,037$193,457
23$61,644$7,359$131,812
24$64,443$4,560$67,369
25$67,369$1,634$0

At the end of your 5-year term

Total paid over the term
$345,018
Principal paid down
$127,068
Interest paid
$217,950
Balance remaining
$912,924

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 9 whole-home leases in King City$3,733/mo
$44,796Gross annual rent
2.3%Cap rate after taxes and upkeep
$3,434 to $4,032Typical rent range

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 9 whole-home leases in King City signed at a median of $3,900 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,733. 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.

3.4%
Gross yield
− Property tax $9,100− Insurance $1,400− Vacancy & upkeep $4,928Net operating income $29,369

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

CallRequest a showing