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Price Change$3,995,000

17195 8th Concession

Rural King, King

$3,495,000

Detached|Bungalow
3 | 2 | 12
About this home

*** Rare 100-Acre Opportunity *** In Prime King Township! The Perfect Blend Of Agricultural Potential, And Country Living At 17195 8th Concession In Schomberg. Featuring A Detached Residence, Built In 1973, Complete With A 42' x 20' Saltwater Inground Pool, This Exceptional Property Offers Endless Possibilities. Approximately 10 Acres Are Designated Open Space Zoning And Include Multiple Ancillary Buildings With Separate Utilities. The Impressive 3,000 Sq Ft Drive-In Steel Building (30' x 100') Features 10' And 12' Clear Heights, While The 2,511 Sq Ft Workshop Offers Two Oversized Garage Doors Ideal For Equipment, Storage, Or Business Operations with Bathroom. The Balance Of The Property Benefits From Agricultural Specialty Crop Zoning, Creating A Unique Opportunity For Farmers, Investors, Or Those Seeking A Private Rural Retreat. Conveniently Located Just Minutes To Downtown Schomberg And Within Easy Reach Of King City, Aurora, Newmarket, And Vaughan, With Quick Access To Hwy 27, Hwy 9, And Hwy 400 For Effortless Commuting. A Truly Rare Offering In One Of King Township's Most Desirable Rural Locations.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$12,914
Lot Size415.82 ft x 6732.66 ft
mls© NumberN13559146
Listed ByRE/MAX NOBLECORP REAL ESTATE

Listing History

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

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What the bank counts

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

Mortgage, tested at 6%
$17,889
Property tax
$1,076
Heat allowance
$150
Housing costs
$19,115 / mo

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

Down payment20% · $699,000
25-yr amortization

Income needed

$588,000

gross annual household income

Payment at 4%
$14,708 / mo
Cash down
$699,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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