250 South Summit Farm
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$6,280,000

250 South Summit Farm

King (King City), Ontario, L7B1J8

Active
11
Sq Ft
11.5
Lot (sqft)

Description

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:60351)

Overview

Property Typeresidential
Sub-Typevacant land
StatusActive
MLS #N12663582

Fees & Taxes

Annual Taxes$12,893.9

Listing Information

MLS#: N12663582


Information is deemed reliable but not guaranteed. Data provided by the Canadian Real Estate Association (CREA) through the Data Distribution Facility (DDF). Listing data is updated regularly but may not reflect the most current information. All information should be independently verified.

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Mortgage Calculator

$
$1,256,000
5%20%50%
Estimated Monthly Payment
$27,925
/month
Mortgage
$5,024,000
Total Interest
$3,353,507

For illustration purposes only. Consult a mortgage professional for accurate rates.

Land Transfer Tax

$
Ontario LTT$143,475
Total Due on Closing$143,475

Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.

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250 South Summit Farm King (King City) — $6,280,000 — Not A Dream Realty | Not A Dream Realty