Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural King. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $3,995,000 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.
*** Rare 100-Acre Opportunity *** In Prime King Township! The Perfect Blend Of Agricultural Potential, And Country Living At 17195 8th Concession In Schomberg. Featuring A Detached Residence, Built In 1973, Complete With A 42' x 20' Saltwater Inground Pool, This Exceptional Property Offers Endless Possibilities. Approximately 10 Acres Are Designated Open Space Zoning And Include Multiple Ancillary Buildings With Separate Utilities. The Impressive 3,000 Sq Ft Drive-In Steel Building (30' x 100') Features 10' And 12' Clear Heights, While The 2,511 Sq Ft Workshop Offers Two Oversized Garage Doors Ideal For Equipment, Storage, Or Business Operations with Bathroom. The Balance Of The Property Benefits From Agricultural Specialty Crop Zoning, Creating A Unique Opportunity For Farmers, Investors, Or Those Seeking A Private Rural Retreat. Conveniently Located Just Minutes To Downtown Schomberg And Within Easy Reach Of King City, Aurora, Newmarket, And Vaughan, With Quick Access To Hwy 27, Hwy 9, And Hwy 400 For Effortless Commuting. A Truly Rare Offering In One Of King Township's Most Desirable Rural Locations.
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This detached home located at 17195 8th Concession, King is currently for sale and has been available on SousaSells for 6 days. This property is listed at $3,995,000 with an estimated mortgage of $13,298* per month. It has 3 beds, 2 bathrooms, and is 1500-2000 square feet. 17195 8th Concession, King is in the Rural King neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Part Cleared, Greenbelt/Conservation, Other, Wooded/Treed
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This could be the first listing for this address.
Data-driven valuation for 17195 8th Concession, King, ON L0G 1T0
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 $3,995,000 in King, the legal minimum down payment is $799,000 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 $86,350 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 $86,350.
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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.