Re-listed 125 days ago

250 South Summit Farm Rd, King, Ontario L7B 1J8

Detached
4
3
- sqft
$•••,•••
$6,380,000
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Detached
4
3
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$27,399/mo

Tax Amount (2024)$12,513/yr

Days On Market125 days

Total Days On Market447 days


Description

Rare opportunity to acquire a prime acreage WITHIN the King City Village boundaries on the Official Plan! This property, to be sold together with no. 120 South Summit Farm (for a total of approximately 15 1/2 acres; parcels priced individually), is located in the coveted southern most part of King City adjacent to lands in the process of 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 15 1/2 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 L.A.


Property Details

StyleBungalow
ViewPond
Age of property-
SqFt-
Lot Size164,409 SqFt(681.63 x 241.2)
Parking Spaces13
MLS ®NumberN11903513
Community NameNeighborhood of King
Data SourceTRREB
Listing byRE/MAX HALLMARK YORK GROUP REALTY LTD.

Features

Heating: Other
Cooling: Other
Fireplace
Basement: Other

Features

Lot size: 164,409 SqFt

Parking

Garage spaces 3

Garage type Attached

Other parking spaces 10

Total parking spaces 13


Property listed by RE/MAX HALLMARK YORK GROUP REALTY LTD., Brokerage

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Market Data - Neighborhood of King

Geo Zone Map ThumbnailNeighborhood of King

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

19 days

Compared to

2024

36 days

2023

28 days

2022

13 days

New Listings

Past 30 days

72 listings

Compared to

2024

73 listings

2023

71 listings

2022

74 listings

Units sold

Past 30 days

9 units

Compared to

2024

17 units

2023

31 units

2022

19 units

Median Sold Price

Past 30 days

$2,150,000

Compared to

2024

$1,902,000

2023

$2,000,000

2022

$2,325,000


Population and Demographics

Overview

Total population 33063
Average household income $204,022

Age (%)

0 to 19
25%
50 to 64
24%
35 to 49
20%
20 to 34
16%
65 and plus
15%

Household composition (%)

Single family
81%
Single person
16%
Multi person
2%
Multi family
1%

Mother tongue (%)

English
72%
Italian
9%
Others
6%
Russian
3%
Mandarin
3%
Iranian Persian
2%
Spanish
1%

House tenancy (%)

Owners
88%
Renters
12%

Schools and amenities

Estimated Budget