188 Fog Road, King, ON
Property no longer active
This property was sold on September 19, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Rural King. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $1,698,000 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.
- 4 Bedrooms and 3 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 425.75 x 592 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 10.0 total parking spaces available with a convenient attached configuration
- Notable attributes: None
- Efficient baseboard heating via electric
Description
Located in the heart of King City, this property offers the perfect canvas for your dream home! Nestled on a private, wooded lot in a multi-million dollar home area, this prime location is ideal for building your new custom home or embarking on a major renovation project. With permits already started for an 8000 sq ft masterpiece or the option for a charming country retreat, the possibilities are endless! Enjoy 6+ acres of privacy offering tranquility while still being close to city amenities, private schools, and the convenience of the GO Train. This home is also conveniently located near GO Transit and Hwy 400, making commuting a breeze. Don't miss out on this rare opportunity to create your own sanctuary!
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Property Summary
This detached home located at 188 Fog Road, King is currently for sale and has been available on SousaSells for 718 days. This property is listed at $1,698,000 with an estimated mortgage of $5,652* per month. It has 4 beds, 3 bathrooms, and is 2000-2500 square feet. 188 Fog Road, King is in the Rural King neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 188 Fog Road, King, ON L7B 1A3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in King, ON
For a property listed at $1,698,000 in King, the legal minimum down payment is $339,600 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 $30,435 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 $30,435.
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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.