Rare opportunity to acquire a prime acreage WITHIN the King City Village boundaries on the Official Plan! This property, is located in the coveted southern most part of King City adjacent to lands in the process of residential development. Consists of elevated & gently sloping land with idyllic views of a charming pond. Most of the pond lies on adjacent parcels to the south that are not included in the approx. 11 acres. Minutes to Hwy 400, Canada's Wonderland, Cortellucci Vaughan Hospital. **EXTRAS** The property, including all structures thereon, including well, are in "as is" condition & there are no representations or warranties, express or implied. Actual number of rooms in structures has not been verified. Square footage of structure is very approximate and is not to be taken as a representation; cannot be verified. Kindly do not walk property without listing agent. 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. The applicability of HST can only be determined by the parties' tax professionals taking into account all of the facts of a specific sale.
4 bedrooms, 2 bathrooms, about 2,500 sq ft, works out to roughly $2,512 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 250 South Summit Farm Rd
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
2500-3000 sq ftas stated on the listing
Parking
13 spacesYes garage
Basement
Other
Features & systems
Parking & garage
Garage
Yes
Parking spaces
13
Interior
Basement
Other
Lot & land
Lot size (sqft)
11.5
Listing & possession
Property style
Bungalow
Property class
Detached
250 South Summit Farm Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® N12659894$6,280,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 250 South Summit Farm Rd Compares to the King Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$30,852
/mo
based on the purchase price of $6,280,000
$1,256,000 cash
$5,024,000 financed
$4,231,527 total interest
Principal54%$5,024,000
Interest46%$4,231,527
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in King
Other 4–6 bed homes for sale in King around $6.3M.
Average days on market58Homes sold in about 58 days on average.
Sale-to-list ratio94.6%On average, homes sold below asking.
Active listings274Homes for sale here right now.
Median vs prior 90 days−3.3%Compared with May 11 – Aug 9, 2026: prices down.
Based on 115 sales from Aug 9 – Nov 7, 2026 (62 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
250 South Summit Farm Rd is listed at $6,280,000 (MLS® N12659894). Summitly updates the price as soon as the MLS® record changes.
Is $6,280,000 a good price for 250 South Summit Farm Rd?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in King. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 250 South Summit Farm Rd changed?
No — 250 South Summit Farm Rd is still listed at its original asking price of $6,280,000.
How many bedrooms and bathrooms does 250 South Summit Farm Rd have?
250 South Summit Farm Rd has 4 bedrooms and 2 bathrooms, with about 2,500–3,000 square feet of living space. It is a detached home in King.
Is 250 South Summit Farm Rd close to transit?
The nearest rapid-transit station is King City GO Station (Barrie GO), about 1.6 km (about a 21-minute walk) in a straight line. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 250 South Summit Farm Rd?
About $30,852 a month — principal and interest on $6,280,000 with 20% down ($1,256,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 250 South Summit Farm Rd compare with other homes in King?
Its asking price of $6,280,000 is about 264% above the median sold price in King over the last 90 days, $1,725,000, across 115 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 250 South Summit Farm Rd been sold before?
Summitly has no earlier MLS® sale or lease of 250 South Summit Farm Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 250 South Summit Farm Rd?
250 South Summit Farm Rd is in King, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 250 South Summit Farm Rd been on the market?
310 days — 250 South Summit Farm Rd was listed on January 1, 2026.
What is the price per square foot of 250 South Summit Farm Rd?
About $2,093 to $2,512 per square foot: the asking price of $6,280,000 over the 2,500–3,000 sq ft the listing gives as its size range.
Does 250 South Summit Farm Rd have parking or a garage?
Yes — the listing gives 13 parking spaces. Garage: Yes.
