58 TAWES Trail, King, ON

King City, King · MLS® N13878132

$7,880,000
For Sale
Listed 6 days agoNo offer date stated

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5+1Bedrooms
9Bathrooms
3Garage · 11 parking
5,000Sq ft

About this home

In short

  • 6,500 sq. ft. above grade), this architectural masterpiece showcases soaring 12.5-ft ceilings, a dramatic 25-ft living room, 21-ft architectural windows, a grand...
  • Gourmet chef's kitchen with bespoke cabinetry and premium Miele appliances, plus a custom white oak office.
  • Backyard is fully serviced for a future pool and cabana.
  • Private 5-person elevator serves all levels.
  • Independent HVAC systems, radiant heating, heated basement floors, dual-motor central vacuum and oversized garage with 14.5-ft ceilings complete this extraordinary...

Welcome to The Grand Court Estate. A rare custom smart estate on a prestigious, private tree-lined court, set on an exceptional 132 x 208 ft lot. Offering approx. 10,000 sq. ft. of finished living space (approx. 6,500 sq. ft. above grade), this architectural masterpiece showcases soaring 12.5-ft ceilings, a dramatic 25-ft living room, 21-ft architectural windows, a grand curved staircase and a custom 12-ft mahogany entrance. Gourmet chef's kitchen with bespoke cabinetry and premium Miele appliances, plus a custom white oak office. Luxurious primary retreat with private balcony, minibar and walk-in closet. Separate guest suite with its own kitchen, bath, walk-in closet and private staircase. Three additional bedrooms each feature private ensuites and walk-in closets. Lower level includes nanny suite, steam room, sauna, gym/recreation area, wet bar, 1,000+ bottle wine room and fully soundproof home theatre. Eight skylights flood the home with natural light. Outdoor sunken terrace with kitchen, fire pit and lounge area. Backyard is fully serviced for a future pool and cabana. Private 5-person elevator serves all levels. Independent HVAC systems, radiant heating, heated basement floors, dual-motor central vacuum and oversized garage with 14.5-ft ceilings complete this extraordinary offering. A true statement of luxury, scale and craftsmanship. Welcome home, a world of magnificence awaits

Key facts

Property type
Detached, 2-Storey
MLS®
N13878132
Bedrooms
5+1 (6 total)
Bathrooms
9 (2 half)
Size
5,000 sq ft
Lot
132.2 × 204 ft
Cross streets
King Rd / Keele St
Parking
3 garage · 11 parking (built-in)
Basement
Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$21,867 / 2026
Days on market
6
Listing brokerage
HAMMOND INTERNATIONAL PROPERTIES LIMITED
Our TakeTeam Asgarian · Broker
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Neighbourhood & location

King City, King, ON

CommuteTime from this home to where you spend your day

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Affordability & Mortgage

Affordability
$35,914/mo
$1419KIncome needed
5.6×Price ÷ income
$8,288Weekly cost
$183,475Land 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.

95%mortgage
Mortgage $35,914Property tax $1,822Total carry $37,737

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%
$
%

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)
$34,856per month

Mortgage amount $6,304,000 · 4.49% over 25 years

$1,576,000Down payment (20.0%)
$6,304,000Loan before insurance
$0CMHC premium
$36,678Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$34,856
Property tax
$1,822
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$36,678

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

One-time closing costs

Ontario land transfer tax
$183,475
Estimated closing costs
$183,475

Plus your down payment of $1,576,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$42,187/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

$4,152,769Total interest paid
$10,456,769Total of all payments
Principal $6,304,000 Interest $4,152,769
YearPrincipalInterestBalance
1$140,678$277,592$6,163,322
2$147,066$271,205$6,016,256
3$153,743$264,528$5,862,513
4$160,724$257,547$5,701,789
5$168,021$250,250$5,533,768
6$175,650$242,621$5,358,117
7$183,625$234,645$5,174,492
8$191,963$226,308$4,982,530
9$200,678$217,592$4,781,851
10$209,790$208,481$4,572,061
11$219,315$198,955$4,352,746
12$229,273$188,998$4,123,472
13$239,683$178,588$3,883,789
14$250,566$167,705$3,633,224
15$261,942$156,328$3,371,281
16$273,836$144,435$3,097,446
17$286,269$132,002$2,811,177
18$299,267$119,004$2,511,910
19$312,855$105,416$2,199,056
20$327,059$91,211$1,871,996
21$341,909$76,362$1,530,087
22$357,433$60,838$1,172,654
23$373,662$44,609$798,992
24$390,628$27,643$408,364
25$408,364$9,907$0

At the end of your 5-year term

Total paid over the term
$2,091,354
Principal paid down
$770,232
Interest paid
$1,321,121
Balance remaining
$5,533,768

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
Estimate$10,500/mo
$126,000Gross annual rent
1.1%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

1.6%
Gross yield
− Property tax $21,867− Insurance $1,400− Vacancy & upkeep $13,860Net operating income $88,873

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HAMMOND INTERNATIONAL PROPERTIES LIMITED. MLS®/PropTx.

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