250 South Summit Farm Road, King, ON L7B 1J8
King City · L7B 1J8
$6,280,000
$13 / sq ft10 months on market
- Interior
- 468,009 sf
- Lot
- 241.2 × 681.63 ft
About this property
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.
Property details
Property
- Property type
- vacant land
- Interior size
- 468,009 sq ft
- Lot size
- 241.2 × 681.63 ft
- Zoning
- Residential Estate
- Possession
- TBA
Costs
- List price
- $6,280,000
- Property taxes
- $12,894 / year (2025)
- Price per sq ft
- $13
Listing
- MLS® number
- N12663582
- Status
- For sale
- Listed
- January 5, 2026
- Days on market
- 303
- Last updated
- June 30, 2026
- Listing brokerage
- RE/MAX HALLMARK YORK GROUP REALTY LTD.
Price & sale history
This property's sale history is hidden
TRREB rules require a free account before sold and leased prices can be shown. One registration unlocks full sale history across the site.
Unlock sale history & sold priceFree. Takes about twenty seconds.
Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced above most comparable listings — about 87% of comparable vacant land listings in King are asking less.
- This home
- $13 / sq ft
- Comparable median
- $857 / sq ft
Based on 39 comparable active vacant land listings in King. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $27,778.56
- Property tax (est.)
- $1,074.49
- Estimated monthly
- $28,853
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $143,475
- Total due on closing
- $143,475
An estimate on the asking price of $6,280,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX HALLMARK YORK GROUP REALTY LTD.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
Unlock nearby sold pricesFree. Takes about twenty seconds.