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Listed 1 month ago

40 Old Church Road

King City, King

$1,599,000

Detached|2-Storey
6 | 5 | 10
About this home

Top 5 Reasons You Will Love This Home: 1) Rare opportunity to acquire a custom home with substantial progress already completed, with approximately 65 percent finished including HVAC and air conditioning installed, along with permits in place and a full project file available, significantly reducing the time, cost, and uncertainty typically associated with building from the ground up 2) Set within a private wooded setting in an exclusive pocket of King Township, this mature tree-lined lot in the historic village of Laskay offers exceptional privacy on a quiet street surrounded by upscale homes, all while remaining just minutes from everyday amenities 3) Expansive custom residence offering over 4,200 square feet above grade, presenting a unique opportunity to complete the home to your exact vision, allowing you to focus on final finishes, layout refinement, and design details without starting from scratch 4) Strong upside potential for builders, investors, or end users, with significant progress already completed, creating a compelling opportunity to capitalize on the time and capital already invested, whether for personal use or future resale 5) Prime location with excellent accessibility and long-term growth potential, ideally situated just minutes from Highway 400, King Township amenities, hospital access, and transit connections. 4,243 above grade sq.ft. plus an unfinished basement. *Please note some images have been virtually staged to show the potential of the home.

Extras

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Got questions?

Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. Age0-5
Size3500-5000 sq. ft.
Property Tax$9,036
Lot Size129.26 ft x 189.53 ft
mls© NumberN13493618
Listed ByFARIS TEAM REAL ESTATE BROKERAGE

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$8,184
Property tax
$753
Heat allowance
$150
Housing costs
$9,087 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $319,800
25-yr amortization

Income needed

$280,000

gross annual household income

Payment at 4%
$6,729 / mo
Cash down
$319,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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