250 South Summit Farm Road, King (King City), Ontario, L7B1J8
$6,280,000
King
This lot in King is for sale offering roughly 11 sq ft of space.
Rare opportunity to acquire a prime acreage WITHIN the King City Village boundaries on the Official Plan! This property, is located in the coveted southern most part of King City adjacent to lands in the process of residential development. Consists of elevated & gently sloping land with idyllic views of a charming pond. Most of the pond lies on adjacent parcels to the south that are not included in the approx. 11 acres. Minutes to Hwy 400, Canada's Wonderland, Cortellucci Vaughan Hospital. **EXTRAS** The property, including all structures thereon, are in "as is" condition & there are no representations or warranties, express or implied. Actual number of rooms in structures has not been verified. Kindly do not walk property without listing agent. 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. The applicability of HST can only be determined by the parties' tax professionals taking into account all of the facts of a specific sale. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 303 days on market, against an average age of 68 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 $6,280,000, about 40.8× the local median household income of $154,000.
Carrying it typically needs a household income of about $1,226,704 (20% down, 25-yr amortization, stress-tested) — roughly 697% above the area median.
Source: Statistics Canada, 2021 Census (FSA L7B)
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