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120 South Summit Farm Road

120 South Summit Farm Road

King, ON

  • Vacant Land
  • 254 days on market
$3,180,000

Rare opportunity to acquire a prime acreage WITHIN the King City Village boundaries on the Official Plan! This property is located within the coveted southernmost part of King City adjacent to lands in the process of residential development. Consists of elevated and gently sloping land with idyllic views of a charming pond. Most of the pond lies on adjacent parcels to the east that are not part of the 4.684 acres. Private road. Minutes to Hwy 400, Canada's Wonderland, Cortellucci Vaughan Hospital and amenities. Copy of original Plan of Subdivision available in lieu of survey. Notwithstanding the requirement to state in the MLS listing whether HST is in addition to or included in the purchase price, this statement is not a representation or warranty.

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Listing Details

Taxes (2025)
$4,208
Listed
January 1, 2026

Price History

Listing history

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Property

Style
Other
Interior
None
Lot Size
331.44 x 624.17 Feet

Utilities

Sewer
Other
Heat Source
Other

Location & Legal

Cross Street
Jane St & South Summit Farm R
Parcel Number
033690075
Possession
Flexible
Occupancy
Vacant

Schools

Secondary

  • King City Secondary School3 km

    Public · York Region DSB · 1010 students

    Grade 10 literacy: 87% met the provincial standard

Elementary

  • King City Public School3.1 km

    Public · York Region DSB · 260 students

    Grade 3 reading: 84% met the provincial standard · Grade 6 math: 43% met the provincial standard

  • Holy Name Catholic Elementary School3.6 km

    Catholic · York CDSB · 505 students

    Grade 3 reading: 65% met the provincial standard · Grade 6 math: 58% met the provincial standard

  • St Raphael the Archangel Catholic Elementary School3.8 km

    Catholic · York CDSB · 215 students

    Grade 3 reading: 73% met the provincial standard · Grade 6 math: 44% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Property Insights

hot tub

AI-generated from listing photos. Not professional advice.

Community

Postal area L7B

Population
17,809
Private dwellings
5,790
Median age
42
Average household size
3.2
Median household income
$154,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in King · last 12 months

Median sold price
$1,822,500
Homes sold
240
Median days on market
30
Sale-to-list price
94.1%

Based on 240 recorded sales of residential freehold properties in King over the last 12 months.

Listed by

RE/MAX HALLMARK YORK GROUP REALTY LTD.

Walk Score

2

Walk

26

Bike

Scores by Walk Score®

Mortgage Calculator

$636,000

Estimated Monthly Payment

$15,622

Land transfer tax

Estimated land transfer tax$65,975

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $15,622/mo (20% down, 5.5%)

Taxes: $351/mo · Insurance: $795/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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Reita said:

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