12994 Weston Road, King, ON

King City, King · MLS® N14096934

$3,689,000
For Sale
Listed 1 day agoNo offer date stated
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4Bedrooms
5Bathrooms
3Garage
2500-3000Sq ft

About this home

In short

  • The flagship of King Township's private estates, a celebrated residence on King Road.
  • Long admired throughout Laskay and beyond, 12994 Weston Road is a landmark custom built residence.
  • Situated on a premium corner lot of over half an acre in the prestigious Weston Road corridor, one of King Township's most coveted addresses.
  • Owen Sound buff limestone and walnut hardwood floors, a floor-to-ceiling fireplace in the kitchen, a one-of-a-kind 27-foot ceiling in the grand kitchen, and crown...
  • Outside, a saltwater pool is embraced by mature cedar gardens in full summer bloom.

The flagship of King Township's private estates, a celebrated residence on King Road. Long admired throughout Laskay and beyond, 12994 Weston Road is a landmark custom built residence. Now, for the first time, this extraordinary home is ready for new ownership. Situated on a premium corner lot of over half an acre in the prestigious Weston Road corridor, one of King Township's most coveted addresses. This bespoke custom-built 2012 masterwork offers four bedrooms, five bathrooms, 2966 square feet of exquisitely crafted living space. Every detail was commissioned with absolute intention: handcrafted walnut doors and door frames - over $150,000 in doors alone - with stained glass. Owen Sound buff limestone and walnut hardwood floors, a floor-to-ceiling fireplace in the kitchen, a one-of-a-kind 27-foot ceiling in the grand kitchen, and crown mouldings and architectural millwork that simply cannot be replicated. The crown jewel: a museum-quality custom fireplace in the grand entertaining kitchen - a six-figure architectural centerpiece, as much sculpture as function - with architectural artifacts intertwined throughout the home, including a copper fire screen and copper ventilation floor vents. Four custom fireplaces, including in the primary suite, deliver warmth and timeless elegance that must be experienced in person, with stained-glass detailing that carries warmth through the home. Descend to the lower level and discover an extra-large white porcelain custom private spa - a private wellness sanctuary of rare distinction that elevates daily living far beyond the ordinary. Outside, a saltwater pool is embraced by mature cedar gardens in full summer bloom.Privacy here is protected by law, not only by landscaping.The estate anchors the four corners of King Road and Weston Road in the hamlet of Laskay, where zoning holds every surrounding corner in low-density, protected use - conservation land to the northeast.......continued remarks below.

Key facts

Property type
Detached, 2-Storey
MLS®
N14096934
Bedrooms
4
Bathrooms
5 (1 half)
Size
2500-3000 sq ft
Lot
143.89 × 187.79 ft
Cross streets
Weston Road and King Road
Parking
3 garage (none)
Basement
Finished, Walk-Up
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Block, Concrete, Concrete Block, Insulated Concrete Form
Roof
Asphalt Shingle, Shingles
Sewer
Septic
Pool
Salt
Property tax
$9,800 / 2025
Days on market
1
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

RecreationBasement6.89 × 4.60 m

laminate · finished · 6 pc ensuite

Living RoomMain9.75 × 5.00 m

fireplace · w/o to pool

Bedroom 3Second4.87 × 3.04 m

overlooks pool · 3 pc ensuite · hardwood floor

BathroomSecond4.01 × 3.01 m

2 Pc Ensuite

KitchenMain4.00 × 12.00 m

window floor to ceiling · custom counter · w/o to pool

BathroomMain3.98 × 5.54 m
Dining RoomMain9.75 × 4.85 m

large window · fireplace

Common RoomBasement3.68 × 6.98 m

laminate · finished

KitchenMain4.93 × 16.17 m

cathedral ceiling(s) · limestone flooring · floor/ceil fireplace

Family RoomMain9.75 × 4.85 m

walk-out · w/o to porch · large closet

Bedroom 2Second3.60 × 6.90 m

overlooks pool · 4 pc ensuite · hardwood floor

Common RoomMain4.87 × 4.87 m

Walk-Out

BathroomBasement3.04 × 4.05 m

pot lights · soaking tub · 6 pc bath

Mud RoomMain4.87 × 4.87 m

limestone flooring · large window · side door

Primary BedroomSecond6.40 × 4.87 m

fireplace · soaking tub · carpet free

Cold Room/CantinaBasement3.60 × 3.60 m

Laminate

Bedroom 4Second4.87 × 3.04 m

hardwood floor · 3 pc ensuite

Our TakeTeam Asgarian · Broker
A discount is typical here
$3.53Mlikely sale price

Listed at $3,689,000. 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 $3.53M, if it sells. A realistic range is $3.31M to $3.98M.

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
$3.31MBelow recent closings$3.98MAbove recent closings

Total price vs nearby homes. Likely closing about $3.53M, from 13 recent closings in this pocket.

The market behind the math:

13sold nearby · 90 days
$2.10Mmedian sold price
92%of asking, on average
+31%prices vs a year ago
~58 dayshomes like this take to sell
1days on market so far
$4,745/moest. rent · 17 leases
1.5%gross yield on the ask
Balanced market
Buyer's marketSeller's market

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.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $1,341/sqft against an area asking average of $1,002/sqft.

  • Corner lot. Two street frontages: more to landscape, shovel and mow, and more exposure to traffic, wind and headlights at night. Buyers price that against an interior lot on the same street, so I read this one on the cautious side and confirm the setting in person.
  • Walk-up 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 highlights4 points to weigh

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

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Corner lot: more light and frontage, sometimes at the cost of privacy. Weigh carefully
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 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
$3.16Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $1,230/sqft; this home lists at $1,341/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
3.69MThis home3.78M3.49M2.20MThis 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

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.

King City
$2.82M
Nobleton
$2.28M
Pottageville
$1.69M
Schomberg
$2.30M

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
$16,813/mo
$665KIncome needed
5.5×Price ÷ income
$3,880Weekly cost
$78,700Land 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 $16,813Property tax $817Total carry $17,630

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 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$16,318per month

Mortgage amount $2,951,200 · 4.49% over 25 years

$737,800Down payment (20.0%)
$2,951,200Loan before insurance
$0CMHC premium
$17,134Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$16,318
Property tax
$817
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$17,134

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

One-time closing costs

Ontario land transfer tax
$78,700
Estimated closing costs
$78,700

Plus your down payment of $737,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$19,750/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

$1,944,107Total interest paid
$4,895,307Total of all payments
Principal $2,951,200 Interest $1,944,107
YearPrincipalInterestBalance
1$65,858$129,954$2,885,342
2$68,848$126,964$2,816,493
3$71,974$123,838$2,744,519
4$75,242$120,570$2,669,277
5$78,659$117,154$2,590,618
6$82,230$113,582$2,508,388
7$85,964$109,849$2,422,424
8$89,867$105,946$2,332,557
9$93,947$101,865$2,238,610
10$98,213$97,600$2,140,398
11$102,672$93,140$2,037,726
12$107,334$88,479$1,930,392
13$112,207$83,605$1,818,185
14$117,302$78,511$1,700,883
15$122,628$73,185$1,578,256
16$128,195$67,617$1,450,060
17$134,016$61,796$1,316,045
18$140,101$55,711$1,175,944
19$146,462$49,350$1,029,482
20$153,112$42,700$876,370
21$160,064$35,748$716,306
22$167,331$28,481$548,975
23$174,929$20,883$374,046
24$182,871$12,941$191,174
25$191,174$4,638$0

At the end of your 5-year term

Total paid over the term
$979,061
Principal paid down
$360,582
Interest paid
$618,479
Balance remaining
$2,590,618

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$4,745/mo
$56,940Gross annual rent
1.1%Cap rate after taxes and upkeep
$4,156 to $5,246Typical 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 17 whole-home leases in Rural King signed at a median of $4,033 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,745. 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.

1.5%
Gross yield
− Property tax $9,800− Insurance $1,400− Vacancy & upkeep $6,263Net operating income $39,477

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

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