120 South Summit Farm Road, King, ON L7B 1J8

For Sale 100 days on Market MLS® N12659908

Asking Price

$3,180,000

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120 South Summit Farm Road, King, ON L7B 1J8

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Overview

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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.

Lot Size

4.7 acres

Type

Vacant Land

Property Details

Year BuiltNot Disclosed

CityKing

Postal CodeL7B1J8

Lot Dimensions331.44 × 624.17 ft

Interior Features

Heat: Other

Heat Source: Other

Cooling: None

Style: Other

Exterior & Land

Sewer: Other

Utilities & Services

Heat SourceOther

SewerOther

Financial Information

List Price$3,180,000

Annual Taxes$4,208 (2025)

Days on Market100

MLS® N12659908 • Listed by RE/MAX HALLMARK YORK GROUP REALTY LTD.

120 South Summit Farm Road, King, ON L7B 1J8

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Purchase Calculator

Home Price

$3,180,000.00

Location

Down Payment

$667,800.00

Payment Frequency

⚙️ Rate

Your mortgage interest rate can either be Fixed for the term or Variable.

Rate

4.70%

Rate Term

🧾 Amortization

30 years

Scenario Options

First-time Buyer

Newly Built

Insured Prefer

💸 Rental Income

🏠 Home Expenses

Monthly Rent

$900.00

Occupancy (%)

100%

Monthly Expenses

$400.00

Includes

📉 Taxes
🛠️ Maintenance
⚡ Utilities etc.

Total Monthly Cost ⚙️

/month

Principal & interest

Home expenses

Other expenses

Rental income

Monthly Mortgage$0.00
Home Expenses$0.00
Other Expenses$0.00
Rental Income$0.00

Mortgage Amount

$0.00

Closing Costs

$0.00

Mortgage Payment$0.00

Net Mortgage$0.00

Interest paid over term$0.00

Balance end of Term$0.00

Effective Amortization30 Years

Property Location

120 South Summit Farm Road, King, ON L7B 1J8

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