124 Elmpine Trail, King, ON
Rural King, King · MLS® N13854326
About this home
In short
- Welcome to 124 Elmpine Trail, a beautifully maintained custom-built home on a private half-acre lot in one of King's most desirable communities.
- Spacious bedrooms, a private primary retreat with a 4-piece ensuite, hardwood floors, crown moulding, shutters, and pot lights add to the home's timeless feel.
Welcome to 124 Elmpine Trail, a beautifully maintained custom-built home on a private half-acre lot in one of King's most desirable communities.Surrounded by mature trees and greenery, this property offers incredible privacy, space, and a true estate-like setting.Inside, you'll find a bright, functional layout with generous principal rooms, quality finishes, and plenty of natural light. The updated kitchen features quartz countertops, a gas range, and plenty of space for everyday living and entertaining.Spacious bedrooms, a private primary retreat with a 4-piece ensuite, hardwood floors, crown moulding, shutters, and pot lights add to the home's timeless feel.Outside is where this property really stands out - a peaceful half-acre setting with room to entertain, unwind, and enjoy the privacy.Complete with a tandem garage and workshop below, providing added parking, storage, and flexibility, this is a rare opportunity to own a custom-built home in an established King community where space, privacy, and quality come together.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13854326
- Bedrooms
- 4
- Bathrooms
- 3
- Size
- 3500-5000 sq ft
- Lot
- 50.04 × 502.65 ft
- Cross streets
- King Vaughan Rd & Mill Rd
- Parking
- 2 garage · 12 parking (built-in)
- Driveway
- Private
- Basement
- Unfinished, Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Concrete
- Roof
- Shingles
- Sewer
- Septic
- Property tax
- $8,668 / 2026
- Days on market
- 13
- Listing brokerage
- REMAX YOUR COMMUNITY REALTY
Rooms
Listed at $2,199,999. Going by how homes in Rural King and the wider GTA have actually closed against their asking prices (about 96%, 13 local closings in 90 days), the likely sale price is near $2.10M, if it sells. A realistic range is $1.97M to $2.37M.
Independent value check: $2.46M. Without looking at the asking price, our model values the home itself about 12% above the ask (homes like it typically land between $2.30M and $2.57M).
Why $2.46M. The typical detached home sold in Rural King over the past year went for about $2.33M (40 sales). What sets this one apart:
- ▲ Raises itIt is 3,500 to 5,000 sq ft; the typical home sold here is 2,500 to 3,000.
- ▲ Raises it2 garage and 12 total parking spaces, against 3 and 5 typically.
- ▲ Raises it slightlyThe listing describes it as fully renovated or newly built.
Total price vs nearby homes. Likely closing about $2.10M, from 13 recent closings in this pocket.
The market behind the math:
About 3.7 months of inventory: 16 detached homes for sale in the area against 13 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $518/sqft against an area asking average of $1,017/sqft.
- Walk-out basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
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 13 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $2.39M. 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.
- Primary suite: a key comfort and resale feature. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal
The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.
There were not many closely comparable homes right in Rural King, so I widened the search to the surrounding area.
Based on 13 comparable homes that sold in Rural King over the past two years, from 110 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 $2.46M, which is where my estimate comes from.
Per square foot, these ask about $614/sqft; this home lists at $518/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 $1,759,999 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $9,731
- Property tax
- $722
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $10,454
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $41,475
- Estimated closing costs
- $41,475
Plus your down payment of $440,000. 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
- $583,880
- Principal paid down
- $215,039
- Interest paid
- $368,841
- Balance remaining
- $1,544,960
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 12 whole-home leases in Rural King signed at a median of $3,538 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,636. 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.