$ 1.799.000

2440 King Rd, King

13 Photos

Bedroom - 2440 King Rd, King, ON L7B1J7 Photo 2

Bedroom - 2440 King Rd, King, ON L7B1J7 Photo 3

Family room - 2440 King Rd, King, ON L7B1J7 Photo 4

Bedrooms: 3
Bathrooms: 2
MLS®: n8174230

Type: Residential
Added: 34 days ago

Property Details

2440 King Rd. property presents a rare opportunity to acquire a property that offers the best of both worlds: standalone investment potential and the promise of participating in a lucrative land assembly venture. 4 properties, listed alongside King Rd (2410 , 2420, 2430, 2440 King Rd). Perfect for a Developer/Builder. Situated in the highly sought-after King City, the property enjoys proximity to all the main individual buyers and developers looking to capitalize on the area's growth. Whether you're an individual buyer seeking a versatile property or a developer with grand redevelopment ambitions, this property holds immense promise.

Best Mortgage Rates

Property Information

Heating: Forced air, Natural gas
Stories: 1
Basement: Finished, Separate entrance, N/A
Photos Count: 13
Bedrooms Total: 3
Structure Type: House
Common Interest: Freehold
Parking Features: Detached Garage
Tax Annual Amount: 5703.38
Exterior Features: Aluminum siding
Lot Size Dimensions: 100 x 150 FT
Architectural Style: Bungalow
Extras: Upstairs unit rent _ 2700/month. Basement unit rent _1400/month. Potential rezoning, see attachment (id:1945)

Room Dimensions

Type	Level	Dimensions
Kitchen	Main level
Bedroom	Main level
Bedroom	Main level
Family room	Main level

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Nearby Places

Name	Type	Address	Distance
Hogan's Inn At Four Corners	Bar	12998 Keele St	0.6 km
All Saints, King City	The facility was originally built of pine cleared ...		0.6 km
Oak Ridges—Markham (provincial electoral district)	It is the fastest growing riding in the province, ...		0.7 km
Oak Ridges—Markham	By 2011, the riding's population had risen to 228,...		0.7 km
King City GO Station	It is a stop on the Barrie line train service....		1.0 km
King City, Ontario	It is the largest community in King Township, with...		1.3 km
King Township Museum	It is operated by the township Parks, Recreation a...		1.3 km
King City Secondary School	The school is located at 2001 King Road, and the c...		1.4 km
King City Secondary School	School	2001 King Rd	1.5 km
The Kingbridge Centre	It was designed by Arthur Erickson....		1.9 km
The Kingbridge Centre	Establishment	12750 Jane St	2.0 km
Villanova College	School	2480 15th Sideroad	2.0 km

Similar Houses Stat in King

We have found 6 Houses that closely match the specifications of the property located at 2440 King Rd with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 1,174,800 and 2,500,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the L7B1J7 postal code area of King Ontario Canada.

2440 King Rd mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 2440 King Rd. The current price of the property is $1,799,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $1,439,200. This would result in a monthly mortgage payment of $8,413 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree	15
Bachelor's degree	45
University / Below bachelor level	10
Certificate of Qualification	15
College	85
University degree at bachelor level or above	60

Neighbourhood Marital Status Stat

Married	185
Widowed	20
Divorced	10
Separated	10
Never married	90
Living common law	35
Married or living common law	220
Not married and not living common law	125

Neighbourhood Construction Date

1961 to 1980	60
1960 or before	60

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