Welcome to this remarkable vacant land located in the coveted neighborhood of Rural King. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $3,280,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Vacant Land With 552 Feet Of Frontage, Spanning Approximately 15.5 Acres. This Is An Opportunity For Developers, Investors, And Custom Home Builders. The Land Is Located 1/2 Km North Of The 16th Sideroad On The West Side Of Jane St. Zoning Permits A Detached Dwelling And Accessory Buildings, Including A Horse Barn. There Is Potential To Build A Walkout Basement Home, Which Would Be Perfect For A Tennis Court, Pool, And Gardens. Build Your Dream Home On This Land. It Also Presents An Excellent Land Banking Opportunity To Maximize Your Investment For Future Development Potential. Enjoy Prestigious Country Living With An Abundance Of Natural Scenic Views And Trees. Zoning Allows For A Principal Residence, A Large Variety Of Outbuildings, And Additional Uses.Property Taxes Reflect Managed Forest Tax Incentive Program.No Conservation authority Restrictions On Land. Excellent Investment.
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 14600 jane Street, King, ON L7B 1A3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in King.
About Purchasing a Home in King, ON
For a property listed at $3,280,000 in King, the legal minimum down payment is $656,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $68,475 for this transaction. As this listing is in King (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $68,475.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.