295 King's Summit Road, King, ON
Property no longer active
This property was sold on February 20, 2025. 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 concrete and wood construction, this residence presents an exceptional opportunity offered at $1,790,000 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.
- 2 Bedrooms and 1 Bathroom
- Premium 394.39 x 329.38 ft lot size
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available
- Notable attributes: None
- Efficient radiant heating via oil
Description
Amazing Location "King & Jane"This building is a true architectural masterpiece,inspired by Frank Lloyd Wright's principles of organic design. With natural materials, clean lines,and a seamless connection to the environment, itblends elegance and functionality. The openspaces, expansive windows, and thoughtful detailsreflect Wrights timeless influence, making this property both unique and harmonious with its surroundings." The property is Surrounded by over 5 Million Dollar Mansions. Has been Made with Best Materials of its time ,True Solid and Strong Wood. ** 5 Min Dr to King Rd and Highway 400 ** 7 Min Drive to Go station ** 5 Min Dr to Community Centrer ** 3 Min Drive to KING/JANR Business Center ** 17 min dr to VaughanMills ,15 Min Dr to Wonderland !! Surrounded by Mansion Neighbors !!
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Property Summary
This detached home located at 295 King's Summit Road, King is currently for sale and has been available on SousaSells for 546 days. This property is listed at $1,790,000 with an estimated mortgage of $5,958* per month. It has 2 beds, 1 bathroom, and is unknown square feet. 295 King's Summit 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 295 King's Summit 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 $1,790,000 in King, the legal minimum down payment is $358,000 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 $32,275 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 $32,275.
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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.