5 Ballard Drive, King, ON

Nobleton, King · MLS® N13856216

$2,400,000
For Sale
Listed 17 days agoNo offer date stated
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4Bedrooms
5Bathrooms
2Garage · 4 parking
3500-5000Sq ft

About this home

In short

  • Welcome to this luxurious 4672 sq. ft. fully renovated home, beautifully situated in the prestigious Gates of Nobleton community by Tribute Homes.
  • As you step inside, the grandeur of 10-foot ceilings on the main floor, complemented by 9-foot ceilings on both the second floor and the impressive 2,188 sq. ft....
  • The homes oversized gourmet kitchen serves as a centerpiece, featuring a large eat-in island with quartz countertops, perfect for family gatherings or casual dining.
  • Culinary enthusiasts will appreciate the fully upgraded kitchen equipped with a Thermador double wall oven, a Wolf stove range, a Subzero refrigerator, and an...

Welcome to this luxurious 4672 sq. ft. fully renovated home, beautifully situated in the prestigious Gates of Nobleton community by Tribute Homes. This remarkable residence is designed for the discerning buyer, offering an expansive layout with custom finishes and a sophisticated ambiance throughout. As you step inside, the grandeur of 10-foot ceilings on the main floor, complemented by 9-foot ceilings on both the second floor and the impressive 2,188 sq. ft. unfinished basement, immediately draws you in. The homes oversized gourmet kitchen serves as a centerpiece, featuring a large eat-in island with quartz countertops, perfect for family gatherings or casual dining. Culinary enthusiasts will appreciate the fully upgraded kitchen equipped with a Thermador double wall oven, a Wolf stove range, a Subzero refrigerator, and an expansive walk-in pantry that adds convenience to elegance. The main floors layout exudes elegance and comfort, showcasing a large family room, a formal dining room ideal for entertaining, and a sophisticated living room that sets a warm, inviting tone. Each of the four generously sized bedrooms offers a private retreat, complete with its own walk-in closet and ensuite bathroom, providing unparalleled privacy and comfort for family members and guests alike. This home embodies modern luxury with meticulous attention to detail, creating a blend of elegance and functionality in one of Nobleton's most coveted communities.

Key facts

Property type
Detached, 2-Storey
MLS®
N13856216
Bedrooms
4
Bathrooms
5 (1 half)
Size
3500-5000 sq ft
Lot
60 × 120 ft
Cross streets
Highway 27 & King Rd
Parking
2 garage · 4 parking (attached)
Driveway
Private
Basement
Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$9,073 / 2025
Days on market
17
Listing brokerage
ANALYST REALTY INC.

Rooms

Bedroom 3Second5.67 × 4.24 m

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

LibraryMain3.35 × 3.50 m

french doors · hardwood floor · large window

BreakfastMain4.89 × 3.96 m

overlooks family · family size kitchen · large window

Bedroom 2Second4.57 × 4.20 m

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

Bedroom 4Second4.18 × 4.11 m

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

Living RoomMain3.35 × 4.24 m

crown moulding · hardwood floor · coffered ceiling(s)

Primary BedroomSecond6.10 × 4.72 m

5 pc ensuite · hardwood floor · closet organizers

Dining RoomMain5.55 × 4.88 m

crown moulding · hardwood floor · coffered ceiling(s)

Great RoomMain6.10 × 4.66 m

pot lights · hardwood floor · gas fireplace

Our TakeTeam Asgarian · Broker
A discount is typical here
$2.29Mlikely sale price

Listed at $2,400,000. 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 $2.29M, if it sells. A realistic range is $2.14M to $2.58M.

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
$2.14MBelow recent closings$2.58MAbove recent closings

Total price vs nearby homes. Likely closing about $2.29M, 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
17days on market so far
$5,091/moest. rent · 13 leases
2.5%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.5 months of inventory: 16 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 $565/sqft against an area asking average of $574/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 $1.61M. Condition and finishes remain an in-person call.

What the listing highlights4 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
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($565/sqft) is in line with the area, so you are paying for extra space rather than a premium.

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.

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

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
King City
$2.85M
Pottageville
$1.69M
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
$10,938/mo
$442KIncome needed
5.4×Price ÷ income
$2,524Weekly cost
$46,475Land 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.

94%mortgage
Mortgage $10,938Property tax $756Total carry $11,694

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$10,616per month

Mortgage amount $1,920,000 · 4.49% over 25 years

$480,000Down payment (20.0%)
$1,920,000Loan before insurance
$0CMHC premium
$11,372Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10,616
Property tax
$756
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$11,372

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

One-time closing costs

Ontario land transfer tax
$46,475
Estimated closing costs
$46,475

Plus your down payment of $480,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$12,849/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

$1,264,803Total interest paid
$3,184,803Total of all payments
Principal $1,920,000 Interest $1,264,803
YearPrincipalInterestBalance
1$42,846$84,546$1,877,154
2$44,792$82,600$1,832,362
3$46,825$80,567$1,785,537
4$48,951$78,441$1,736,585
5$51,174$76,218$1,685,411
6$53,497$73,895$1,631,914
7$55,926$71,466$1,575,987
8$58,466$68,926$1,517,522
9$61,120$66,272$1,456,401
10$63,895$63,497$1,392,506
11$66,797$60,596$1,325,709
12$69,829$57,563$1,255,880
13$73,000$54,392$1,182,880
14$76,314$51,078$1,106,566
15$79,779$47,613$1,026,786
16$83,402$43,990$943,384
17$87,188$40,204$856,196
18$91,147$36,245$765,049
19$95,286$32,106$669,763
20$99,612$27,780$570,151
21$104,135$23,257$466,016
22$108,863$18,529$357,153
23$113,806$13,586$243,348
24$118,973$8,419$124,375
25$124,375$3,017$0

At the end of your 5-year term

Total paid over the term
$636,961
Principal paid down
$234,589
Interest paid
$402,372
Balance remaining
$1,685,411

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 13 whole-home leases in Nobleton$5,091/mo
$61,092Gross annual rent
1.8%Cap rate after taxes and upkeep
$4,837 to $5,422Typical 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 13 whole-home leases in Nobleton signed at a median of $4,889 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,091. 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.

2.5%
Gross yield
− Property tax $9,073− Insurance $1,400− Vacancy & upkeep $6,720Net operating income $43,899

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

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