$ 1.799.000

2420 King Rd, King

4 Photos

Bedrooms: 3
Bathrooms: 2
MLS®: n8181584
Type: Residential

Added: 154 days ago
Type: Residential
Listed by: Point2

Property Details

This 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.(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 amenities, including shopping plazas, library, hwy 400. It's strategic location enhances its appeal for both 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

Features

Other: Family Room, Kitchen, Fireplace, Pool: Inground, Faces North
Cooling: Central Air
Heating: Forced Air, Gas
Sewer/Water Systems: Water Source: Municipal, Sewage Disposal: Septic

Nearby Places

Name	Type	Address	Distance
Hogan's Inn At Four Corners	Bar	12998 Keele St	0.5 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, ...		0.6 km
Oak Ridges—Markham	By 2011, the riding's population had risen to 228,...		0.6 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...		1.2 km
King City Secondary School	The school is located at 2001 King Road, and the c...		1.3 km
King Township Museum	It is operated by the township Parks, Recreation a...		1.4 km
King City Secondary School	School	2001 King Rd	1.4 km
The Kingbridge Centre	It was designed by Arthur Erickson....		2.0 km
Shift (sculpture)	Shift consists of six large concrete forms, each 2...		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 2420 King Rd with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 1,250,000 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.

2420 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 2420 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.

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