16555 Jane Street, King, ON

$1,999,880
MLS#:N12969702
0 beds
0 baths
Residential Freehold
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Property Highlights

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 $1,999,880 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.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 516 x 2140 ft lot size

Description

it's Vacant land. It can be used for residential, agricultural purposes. Location, Close To Schools, Retail Shopping, Hwy 400 Access. survey is attached.VTB/seller take back is also avaiable

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Key Features

000
Property Type
Residential Freehold

Additional Details

StatusSold Conditional
Listed Date4/8/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
Lot Size516 × 2140 Feet
CountyYork
Annual Tax$6,500
Legal DescriptionPT LT 29 CON 4 KING AS IN B59612B ; S/T KI26927 TOWNSHIP OF KING

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Features

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Location

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16555 Jane Street, King, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 16555 Jane Street, King, ON L0G 1J0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in King.

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Interest Rate5.25%
Down Payment$399,976 (20.0%)
* Minimum Canadian down payment required for this price is $399,976.
Amortization Period25 Years
Estimated Monthly Payment$9,534Based on a loan of $1,599,904 over 25 years.
Purchase Price$1,999,880
Loan Amount$1,599,904
Provincial Land Transfer Tax:$36,473
Total Estimated Closing Taxes:$36,473

About Purchasing a Home in King, ON

For a property listed at $1,999,880 in King, the legal minimum down payment is $399,976 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 $36,473 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 $36,473.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Rural King, King.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$4,452,787

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.