120 South Summit Farm Road, King (King City), Ontario, L7B1J8


$3,180,000
King
Rare opportunity to acquire a prime acreage WITHIN the King City Village boundaries on the Official Plan! This property is located within the coveted southernmost part of King City adjacent to lands in the process of residential development. Consists of elevated and gently sloping land with idyllic views of a charming pond. Most of the pond lies on adjacent parcels to the east that are not part of the 4.684 acres. Private road. Minutes to Hwy 400, Canada's Wonderland, Cortellucci Vaughan Hospital and amenities. Copy of original Plan of Subdivision available in lieu of survey. Notwithstanding the requirement to state in the MLS listing whether HST is in addition to or included in the purchase price, this statement is not a representation or warranty. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 304 days on market, against an average age of 67 days across the listings currently for sale in this city
This vacant land in King (King City) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $3,180,000, about 20.6× the local median household income of $154,000.
Carrying it typically needs a household income of about $621,165 (20% down, 25-yr amortization, stress-tested) — roughly 303% above the area median.
Source: Statistics Canada, 2021 Census (FSA L7B)
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