Welcome to this remarkable Bungalow farm located in the coveted neighborhood of Rural King. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $1,750,000 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.
Top 5 Reasons You Will Love This Property: 1) 10-acre property with rich, fertile Holland Marsh muck soil, tile drainage, irrigation, and water servicing, with 500' of frontage that offers exceptional agricultural potential and the added benefit of existing income generated from a local farmer 2) With a striking red metal roof, decorative red doors, and an attractive green exterior finish, the 5,614 square foot barn features two separate storage areas along with an extensive driveway and parking space, ideal for equipment, vehicles, trailers, or visitors 3) Attached to the barn is a well-maintained three bedroom bungalow featuring a newer roof, a charming red door, a fully fenced yard, a covered porch, gardens, chicken coops, a firepit area, and three parking spaces, creating a warm and inviting rural lifestyle setting 4) This property is tidy, clean, and exceptionally well-kept both inside and out, offering a move-in-ready opportunity with evident care and maintenance throughout, plus the property is also serviced by a drilled well, adding to its practical rural appeal 5) Enjoy the tranquility of country living while remaining conveniently connected to Highway 400 and Highway 9, with easy access to the amenities, shopping, dining, and services of Bradford and Newmarket, making daily errands and commuting effortless. 1,276 fin.sq.ft. *Please note some images have been virtually staged to show the potential of the property.
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Tiled/Drainage
None
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 240 King Street, King, ON L3Y 4V9
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 $1,750,000 in King, the legal minimum down payment is $350,000 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 $31,475 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 $31,475.
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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.