$3,180,000
Est. payment $14,080/moCalculate yours
120 South Summit Farm Road, King, ON L7B 1J8
King City, King, ON L7B 1J8
Listing courtesy of RE/MAX HALLMARK YORK GROUP REALTY LTD. MLS® N12659908
About this home
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.
Property details
Overview
- Property Type
- Vacant Land
- Style
- Other
- For
- For Sale
- Status
- New
Interior
- Basement
- None
Building & Systems
- Heating
- Other (Other)
- Cooling
- None
- Water
- Other
- Sewer
- Other
Lot & Parking
- Lot Size
- 331.44 x 624.17 Feet
Financial
- Property Taxes
- $4,208 (2025)
Location
- Neighbourhood
- King City
- Cross Street
- Jane St & South Summit Farm R
- Direction Faces
- North
Listing
- MLS® Number
- N12659908
- Days on Market
- 290
- Listed On
- 2026-01-01
- Possession
- TBA
- Listed By
- RE/MAX HALLMARK YORK GROUP REALTY LTD.
Features
Interior
- None
Property
- Cul de Sac/Dead End
- Lake/Pond
- Rolling
Pool
- None
Mortgage calculator
Estimated mortgage payment
$14,080 per month
- Principal and interest
- $14,080
- Property tax
- $351
- Condo fees
- $0
- Estimated monthly cost
- $14,431
Your mortgage
- Mortgage amount
- $2,544,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $1,680,106
Cash to close
- Down payment
- $636,000
- Land transfer tax
- $65,975
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $701,975
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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