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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
MLS® N13214106For SaleDetached

194 Martin St

King City, King, Ontario L7B 1J5

Map
1 / 1
194 Martin St, King, photo 1
Asking$2,599,000
Bedrooms
3
Bathrooms
1
Size
700–1,100sq ft
Per sq ft
$2,888at the range’s middle
Lot
2 – 4.99 acres
Tax a year
$7,9502025 tax year
Built
51-99
Parking
20none
Days on market
Members

The brief

About 194 Martin St

194 Martin St is a 3-bedroom, 1-bathroom detached house in King City, King, listed for sale at an asking price of $2,599,000 (MLS® N13214106).

Prime 2 Acre Building Lot In King For Sale! Rare Opportunity For Custom Builder Or To Build Your Dream Home. Current Home was Rentable But Requires Improvement, 3 Bedroom Home. Potential for severance into 2 - 70 ft lots. Land Value Only!!

Insights

  • Condition Score

    Good

    6 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$9,020/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 9 homes with 3 bedrooms for lease in King right now. Cost of owning counts the mortgage and property tax.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$7,950 / 2025
MLS® number
N13214106
Board
TRREB MLS®
Property Type
Detached
Building Age
51-99
Days on market
Size
700-1100 sqft
Lot Size
143 x 615 ft
Listed on
Parking
None, 20 Parking
Listing brokerage: INTERCITY REALTY INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Detached
Style
Bungalow
Community
King City
Municipality
King

Building

Size
700-1100 sqft
Building Age
51-99
Construction
Alum Siding

Inside

Bedrooms
3
Bathrooms
1
Bathroom Details
1 × 4pc Main
Basement Type
Unfinished
Kitchens
1

Parking

Driveway
Private
Garage Type
None
Additional Parking
20
Total Parking
20

Utilities

Water
Municipal
Cooling
None
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
143 ft
Depth
615 ft
Lot Size
143 x 615 ft

Additional

Fireplace
Yes
Pool
None
Den
No
Family room
No
Extras
" As is "

Rooms

Room details unavailable

The listing source did not provide room-level measurements or features.

Listing history

Buy/sell history for 194 Martin St, King, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$2,599,000N/AFor SaleN13214106

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $519,800

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$519,800
Total mortgage amount
$2,079,200
Total interest payment
$1,478,200
Total purchase cost
$4,077,200
Mortgage payment
$11,858/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

81%

Monthly carrying cost

$12,520
−$9,020per month
  • Rent $3,500
  • Shortfall $9,020

Rental income opens at $3,500, the median asking rent of 9 comparable homes for lease in King. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$51,450
Total land transfer tax
$51,450
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$47,450
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $2,000,000
$32,000
2.5% from $2,000,000 to $2,599,000
$14,975
Ontario total
$51,450

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The market

Detached homes for sale in King City right now

For sale now
64
Median asking price
$2.77M

Middle half: $2.2M to $4.04M

New in 7 days
4

21 in 28 days

Price cuts
13%

8 listings

This home is asking 6% below the median.

See all homes in King City

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Map and tour

Transit nearby

StationLinesDistance
King City GOGO Transit train: Barrie1.3 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
King City Public SchoolYork Region DSBPublic · grades JK–81.4 km68%Grade 6 average
Holy Name Catholic Elementary SchoolYork CDSBCatholic · grades JK–82.1 km80%Grade 6 average
St Raphael the Archangel Catholic Elementary SchoolYork CDSBCatholic · grades JK–84.6 km70%Grade 6 average
Académie de la MoraineConseil scolaire ViamondeFrench-language public · grades JK–66.7 km87%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
King City Secondary SchoolYork Region DSBPublic · grades 9–12 · French Immersion1.4 km54%Grade 9 math
ÉSC RenaissanceConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–125.2 km87%Grade 9 math
Cardinal Carter Catholic Secondary SchoolYork CDSBCatholic · grades 9–126.6 km69%Grade 9 math
St Theresa of Lisieux Catholic High SchoolYork CDSBCatholic · grades 9–126.8 km91%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

Similar Active Listings

Recently sold nearby

Sold prices in King City are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record