Just under 1/2 acre, 96 ft. x 200 ft. lot offers the potential of a lot severance in the future. Situated in the growing community of Nobleton. Renovate or extend the existing bungalow or build your dream home. Ideal for buyers that need plenty of parking and quick access to highways. The property is tenanted with tenants that are willing to stay or vacate. Closing can be immediate if assuming existing tenants.
3 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $1,414 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 6531 King Rd
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
700-1100 sq ftas stated on the listing
Parking
7 spacesYes garage
Basement
Separate Entrance, Unfinished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
7
Interior
Basement
Separate Entrance · Unfinished
Lot & land
Lot size (sqft)
18998
Listing & possession
Property style
Bungalow
Property class
Detached
6531 King Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$4,864
/mo
based on the purchase price of $990,000
$198,000 cash
$792,000 financed
$667,072 total interest
Principal54%$792,000
Interest46%$667,072
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in King
Other 2–4 bed homes for sale in King around $990K.
Average days on market57Homes sold in about 57 days on average.
Sale-to-list ratio94.6%On average, homes sold below asking.
Active listings274Homes for sale here right now.
Median vs prior 90 days−3.0%Compared with May 12 – Aug 10, 2026: prices down.
Based on 118 sales from Aug 10 – Nov 8, 2026 (62 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 6531 King Rd
How much is 6531 King Rd listed for?
6531 King Rd is listed at $990,000 (MLS® N13175214). Summitly updates the price as soon as the MLS® record changes.
Is $990,000 a good price for 6531 King Rd?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in King. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 6531 King Rd changed?
Yes — it was first listed at $1,099,000 and is now $990,000, a drop of $109,000 (9.9%).
How many bedrooms and bathrooms does 6531 King Rd have?
6531 King Rd has 3 bedrooms and 1 bathroom, with about 700–1,100 square feet of living space. It is a detached home in King.
How much would the monthly mortgage be on 6531 King Rd?
About $4,864 a month — principal and interest on $990,000 with 20% down ($198,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 6531 King Rd compare with other homes in King?
Its asking price of $990,000 is about 43% below the median sold price in King over the last 90 days, $1,730,000, across 118 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 6531 King Rd been sold before?
Summitly has no earlier MLS® sale or lease of 6531 King Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 6531 King Rd?
6531 King Rd is in King, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 6531 King Rd been on the market?
166 days — 6531 King Rd was listed on May 26, 2026.
What is the price per square foot of 6531 King Rd?
About $900 to $1,414 per square foot: the asking price of $990,000 over the 700–1,100 sq ft the listing gives as its size range.
Does 6531 King Rd have parking or a garage?
Yes — the listing gives 7 parking spaces. Garage: Yes.
Does 6531 King Rd have a basement, and is it finished?
The listing describes the basement as: Separate Entrance, Unfinished.
