King Township is an affluent, largely rural York Region township known for equestrian estates and the village of King City, sitting between Vaughan and Newmarket. It's one of the GTA's premium low-density markets, offering large-lot and estate properties that are difficult to find closer to Toronto.
How Much Does a Home Cost in King Right Now?
Based on active listings synced to Condohill:
| Property type | Median price | Active listings |
|---|---|---|
| Detached house | $2,529,000 | 203 |
King's detached median is among the highest of any GTA municipality outside the City of Toronto, reflecting its estate-lot properties and rural character. This is not a starter-home market — King attracts move-up and luxury buyers specifically seeking acreage, privacy, and equestrian-friendly zoning rather than proximity to transit or urban amenities.
Why Buyers Choose King
King's rural zoning and large minimum lot sizes are its defining feature, supporting an established equestrian community and a level of privacy that's essentially unavailable in more built-up parts of York Region. The village of King City offers a small commercial core, while much of the township remains agricultural or estate-residential.
Getting Around
King City GO station sits on the Barrie line, giving residents in that immediate area direct rail access into Union Station. Beyond King City itself, King Township is largely car-dependent, consistent with its rural, low-density character.
Closing Costs to Budget for in King
| Cost | Typical amount |
|---|---|
| Ontario Land Transfer Tax | Varies by price — see calculation guide |
| Legal fees and disbursements | Typically $1,500–$2,500, potentially more for a large or complex rural property |
| Home inspection | Typically $500–$900+ for an estate property, often including a well and septic inspection |
King is in York Region, so buyers pay only the provincial Land Transfer Tax — no additional municipal tax as in the City of Toronto.
Financing a King Purchase
With a detached median above $2.5 million — well above the $1.5 million mortgage insurance price cap — most King purchases require a minimum 20% down payment, and properties priced above $1.5 million cannot be insured regardless of the buyer's down payment. See how mortgage pre-approval works before house-hunting.
FAQ
Is King Township expensive?
Yes — King's detached median is among the highest of any GTA municipality outside the City of Toronto, reflecting its estate-lot and equestrian properties.
Does King Township have GO Transit?
King City station, on the Barrie line, serves the immediate King City area. Most of the rest of the township is car-dependent.
Is King Township good for equestrian properties?
Yes — King has one of the GTA's most established equestrian communities, supported by its rural zoning and large minimum lot sizes.
Is there a municipal land transfer tax in King?
No. King is in York Region, so buyers pay only the provincial Ontario Land Transfer Tax.
Can I get an insured mortgage for a home in King?
Only if the purchase price is under $1.5 million — most King properties, given the township's high median price, require a minimum 20% down payment.
Browse current King homes for sale on Condohill to see what's actually available today.
Sources
Price data reflects Condohill's synced MLS® listing data for King as of September 2026. Mortgage insurance price cap per CMHC. For official regional statistics, see the TRREB market statistics page.