King, York Region, Ontario

Cost of Living in King

King Township's estate living comes at a price — here's the real number

$2,800
avg 2BR rent/mo
$1.65M
avg home price
0.68%
property tax rate
$350
GO Transit/mo

About King

King Township (King City, Nobleton, Schomberg) is York Region's most premium address. Acreage lots, equestrian properties, and King GO station access. Beautiful but expensive.

Highlights

  • Highest average home prices in York Region ($1.6M+)
  • King GO station: direct line to Union
  • Estate lots, horse country, rural charm
  • Lower density, higher property maintenance costs

True Monthly Cost Summary

Renting a 2BR (single person)

$3,830/mo

Rent + utilities + transit + groceries + insurance

Buying avg home (20% down, 5.5%)

$11,721/mo

Mortgage + tax + utilities + transit + groceries + insurance + maintenance

Buying avg home (family of 4)

$12,741/mo

Same as above + family grocery costs

Calculate Your True Cost

Detailed Cost Breakdown — King

All figures are 2026 estimates from public sources.

Average 2BR Rent
$2,800/mo
Average Home Price
$1,650,000
Average Condo Price
$720,000
Property Tax Rate
0.68%
Monthly Utilities
$320/mo
GO Transit Pass
$350/mo
Groceries (single)
$440/mo
Groceries (family)
$1100/mo

Sources: York Region municipal bylaws (property tax), Enbridge/Alectra (utilities), Metrolinx (GO Transit), StatsCan CPI (groceries), CMHC (rents), TRREB (home prices). Not financial advice.

Current Listings in King

1 rental available (demo data).

$2,800/mo

2BR Condo — King City

Rent

Keele St / King Rd area

2 Bed · 2 Bath · 980 sqft

Not financial advice. All data comes from public sources (York Region, MPAC, StatsCan, CMHC). Verify with a licensed professional.

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