250 South Summit Farm Rd

King | King City | L7B 1J8
  • 4
  • 3
  • 0

Ask: $10,800,000 $8,600,000

Est. Mtg $29,161 /mo
  • Days on market

    228

  • Status

    Pc

Listing Broker RE/MAX HALLMARK YORK GROUP REALTY LTD.
Since listed: 2 views

Home details

MLS #:

N8072846

Property type:
Detached
Style:
Bungalow
Taxes:
$11,913
Possession:
TBD
Lot Front:
241.2   Feet
Lot Depth:
681.63   Feet
Basement:
Other |
Driveway Pkg:
10
Heat:
Other | Other

Description


250 South Summit Farm Rd, , King, Ontario is a Detached property in King and in the King City community in the L7B 1J8 postal code


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..


History

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List Date End Date List Price End Price Status MLS #
2024-02 2024-06 $10,800,000 $8,600,000 Pc N8072846
2024-06 $10,800,000 $8,600,000 N8076162

Comparables

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sold Date Address List Price sold Price DOM
2024-06 95 Watch Hill Rd, $3,988,000 $3,745,000 16
2024-05 15580 Dufferin St, $2,068,000 $1,900,000 12
2024-04 130 Davis Rd, $799,000 $855,000 12
2024-04 65 Burton Grve, $2,189,000 $2,248,000 15
2024-01 65 Burton Grve, $2,290,000 $2,050,000 170
2023-07 21 Mcclure Dr, $2,498,000 $2,475,000 5
2023-04 65 Burton Grve, $2,590,000 $2,590,000 2
2022-08 1565 17th Sdrd, $1,579,999 $1,450,000 20
2022-08 131 Kingscross Dr, $3,199,999 $2,750,131 84
2022-03 41 Dennison St, $1,799,000 $2,280,000 7
2022-03 182 Warren Rd, $5,988,800 $5,700,000 128
2021-10 131 Manitou Dr, $4,558,000 $4,525,000 39
2021-08 89 Hambly Ave, $1,188,009 $1,360,000 11
2021-08 3165 Lloydtown Aurora Rd, $2,498,000 $2,400,000 21
2021-06 72 Chelsea Lane, $3,980,000 $3,690,000 51

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity Detached

Sale activity

King :

Properties sold

27

Average sale price

$2,487,958

New Listings

75

Year on Year Growth

4.78%

Municipality activity All Property Types

Sale activity

King :

Average sale price

$2,312,339

Properties sold

32

New Listings

84

Days on Market

22

Sale $ / List $

98%

Year on Year Growth

4.49%


Sale Chart - Detached

King Average Price (2 Years):

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Sale Chart - Detached

TRREB Total Average Price (2 Years):

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Estimated running costs for 250 South Summit Farm Rd

Based on available 3rd party data

$30288

Approximate costs per month

Mortgage
$29161 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$992 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Lake/Pond
  • Rolling
Listing Broker RE/MAX HALLMARK YORK GROUP REALTY LTD.
Data Source: TRREB

Payment calculator

$30153 monthly. In association with: TD Bank
%
  • Principal and Interest
    29161 /mo
  • Property Taxes
    $992 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Daniella Silvestri, Realtor

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