$1,345,000
5 Old Forge Road, King, ON L7B 1K4
Rural King
Rural King · L7B 1K4
$1,599,000
$457 / sq ft3 weeks on market
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$1,345,000
Rural King
Click brochure link for more details. A Rare Investment Opportunity in the Heart of Laskay. Tucked away on a quiet cul-de-sac in the historic village of Laskay, this custom-built residence offers a unique opportunity for investors, builders, and growing families alike. Set on a private 0.59-acre wooded lot surrounded by mature trees, the property offers magnificent long-distance views over the surrounding countryside and of the sunset. Approximately 65% complete, with an ICF foundation, 2x6 exterior walls, and full permits in place, this home hands you a significant head start - the heavy lifting is done, and what remains is finishing it to your own vision. Built legally and to code throughout, with each stage of construction inspected and approved by the Township, and a full project file available for buyer review. A thoughtful large-scale renovation, the home preserves a piece of its past: the original living room, now a cozy sunroom warmed by its own wood-burning fireplace, along with the basement beneath it, seamlessly joined to the new foundation. Offering 3,500+ sq ft above grade plus a full unfinished basement ready for your own design, the layout offers exceptional flexibility, with 9-10 ft ceilings throughout the main and upper levels. With 6 bedrooms and 5 baths across thoughtfully separated wings - including a main-floor primary suite - the home suits multi-generational living beautifully, with real potential to create a self-contained space for aging parents or extended family. Attached garage, parking for up to 10 vehicles, and a permitted shed (2020, inspected and closed) round out the property's practical appeal. Shops, schools, and hospital access are all minutes away, with quick connections to Highway 400. Sold as-is - an honest, transparent starting point to invest directly in the home's real value and finishing potential, rather than paying a premium for someone else's design choices. Some images are renderings and do not depict current condition.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced below most comparable listings — about 21% of comparable detached listings in Rural King are asking less.
Based on 58 comparable active detached listings in Rural King. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $1,599,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of HONESTDOOR INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Listing courtesy of CITIBLOC REALTY
$1,850,000
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Listing courtesy of EXP REALTY
$1,349,000
Rural King
Listing courtesy of REALTY WEALTH GROUP INC.
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Rural King
Listing courtesy of RE/MAX HALLMARK YORK GROUP REALTY LTD.
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Rural King
Listing courtesy of SUTTON GROUP - SUMMIT REALTY INC.
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Listing courtesy of RE/MAX REALTRON REALTY INC.