$1,750,000 - 240 King Street, King
Detached for Sale in King
Popular Listing- MLS Number
- N13220564
- Property Type
- Detached
- Status
- active
- Days on Site
- 9
- Bedrooms
- 3
- Bathrooms
- 1
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- King
- Listing Brokerage
- FARIS TEAM REAL ESTATE BROKERAGE
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.
Estimate your monthly payments for this property
Estimated Payment
$7,740.84/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover King
King is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in King
- •Convenient location in King
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
King offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
240 King Street, King
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1591/sqft, this property is priced above the King average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Detached Home Advantages
Detached homes in King are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Investment Perspective
Looking at this as an investment: King properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $7,292 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.