14645 7th Concession, King, ON

Rural King, King · MLS® N13866914

$2,200,000
For Sale
Listed 9 days agoNo offer date stated
Request a showing
◎ Directions
4Bedrooms
3Bathrooms
2Garage · 8 parking
3500-5000Sq ft

About this home

Deep in the heart of Happy Valley Forest, sits a quiet, understated mid-century home that was designed by noted American architect Henry Schefter. Taking full advantage of meadow views, this dwelling has been loved by a notable King family for decades. Many dogs have walked the trails and thousands of birds have been counted on this property recognized for its tranquility and focus on nature. This is the sort of place where the world seems to stop and take a breath. The hidden driveway is found down a quiet cul-de-sac in a part of King Township that still sees the odd horse hacking or a flock of wild turkeys crossing into the forest. The home is linear. The living space is open and focuses on gatherings or those looking for quiet corners to enjoy a view and a morning coffee. Originally, the first phase was a long bungalow built into a hill focusing on conservation and the family dynamic at the time. The second phase, built on top of the first, allowed for a growing family and independence. This "upside-down" home values cross breezes, energy conservation and comfortable living in a world where big box homes are at times overwhelming. Count on Pileated Woodpeckers interrupting a conversation or your dog wanting another hike on the natural trail system. Love Mountain Nature Reserve and the Happy Valley Forest is waiting for you.

Key facts

Property type
Detached, Contemporary
MLS®
N13866914
Bedrooms
4
Bathrooms
3
Size
3500-5000 sq ft
Lot
761.25 × 627.1 ft
Cross streets
7th and 16th
Parking
2 garage · 8 parking (carport)
Driveway
Private
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Concrete Block, Wood
Foundation
Concrete, Concrete Block
Roof
Membrane, Shingles, Tar and Gravel
Sewer
Septic
Pool
Inground
Property tax
$10,322 / 2026
Days on market
9
Listing brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA

Rooms

OfficeUpper6.35 × 4.37 m

broadloom · skylight · double closet

Bedroom 2Upper4.42 × 3.81 m

broadloom · w/o to deck · double closet

Bedroom 4Upper4.17 × 3.40 m

broadloom · double closet

Dining RoomLower7.49 × 6.25 m

tile floor · combined w/living

KitchenLower3.96 × 3.63 m

tile floor · beamed ceilings

DenUpper4.22 × 3.78 m

broadloom · w/o to garden

Bedroom 3Upper4.17 × 3.43 m

broadloom · double closet

Family RoomLower7.21 × 4.67 m

tile floor · stone fireplace · w/o to garage

Living RoomLower7.49 × 6.25 m

tile floor · combined w/dining · w/o to sunroom

Primary BedroomLower4.70 × 4.55 m

tile floor · 4 pc ensuite · double closet

Our TakeTeam Asgarian · Broker
A discount is typical here
$2.10Mlikely sale price

Listed at $2,200,000. 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: no figure for this home. Going only by the sales record, our model lands more than 25% above 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: the home's condition, or an asking price set as a starting point for offers.

List price
$1.97MBelow recent closings$2.37MAbove recent closings

Total price vs nearby homes. Likely closing about $2.10M, from 13 recent closings in this pocket.

The market behind the math:

13sold nearby · 90 days
$2.10Mmedian sold price
91%of asking, on average
+31%prices vs a year ago
~58 dayshomes like this take to sell
9days on market so far
$4,989/moest. rent · 17 leases
2.7%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 10.2 months of inventory: 44 detached homes for sale in the area against 13 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 $518/sqft against an area asking average of $1,048/sqft.

  • Inground pool. Priced into the comparison on the assumption it is clean and modern. A pool costs more to build than resale pays back, and condition is the in-person call.
  • 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 $2.60M. Condition and finishes remain an in-person call.

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.

What sellers nearby are askingCurrently listed nearby · asking prices
$2.61Mavg 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 $3.08M, 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 homes
2.20MThis home2.20M2.90M2.95M2.99M2.00MThis 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

Rural King, 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.

Pottageville
$2.07M
Nobleton
$2.08M
King City
$2.86M
Schomberg
$2.15M

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
$10,027/mo
$412KIncome needed
5.3×Price ÷ income
$2,314Weekly cost
$41,475Land 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.

92%mortgage
Mortgage $10,027Property tax $860Total carry $10,887

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

years
years (your rate-locked period)
$9,731per month

Mortgage amount $1,760,000 · 4.49% over 25 years

$440,000Down payment (20.0%)
$1,760,000Loan before insurance
$0CMHC premium
$10,592Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9,731
Property tax
$860
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10,592

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

6.49%Qualifying rate
$11,778/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

$1,159,403Total interest paid
$2,919,403Total of all payments
Principal $1,760,000 Interest $1,159,403
YearPrincipalInterestBalance
1$39,276$77,500$1,720,724
2$41,059$75,717$1,679,665
3$42,923$73,853$1,636,742
4$44,872$71,904$1,591,870
5$46,909$69,867$1,544,960
6$49,039$67,737$1,495,921
7$51,266$65,510$1,444,655
8$53,594$63,182$1,391,062
9$56,027$60,749$1,335,035
10$58,571$58,205$1,276,464
11$61,230$55,546$1,215,234
12$64,010$52,766$1,151,223
13$66,917$49,859$1,084,307
14$69,955$46,821$1,014,352
15$73,131$43,645$941,221
16$76,452$40,325$864,769
17$79,923$36,853$784,846
18$83,552$33,225$701,295
19$87,345$29,431$613,950
20$91,311$25,465$522,639
21$95,457$21,319$427,182
22$99,791$16,985$327,391
23$104,322$12,454$223,069
24$109,059$7,718$114,010
25$114,010$2,766$0

At the end of your 5-year term

Total paid over the term
$583,881
Principal paid down
$215,040
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.

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 17 whole-home leases in Rural King$4,989/mo
$59,868Gross annual rent
1.9%Cap rate after taxes and upkeep
$4,050 to $6,042Typical rent range

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 numbers

The last 17 whole-home leases in Rural King signed at a median of $4,027 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,989. 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.

2.7%
Gross yield
− Property tax $10,322− Insurance $1,400− Vacancy & upkeep $6,585Net operating income $41,561

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.

CallRequest a showing