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New3 days ago

2955 16th Side Road

Rural King, King

$1,588,800

Detached|Bungalow
4 | 3 | 8
About this home

You don't just look at a property like 2955 16th Sideroad-you have to feel it. Two manicured acres of ultra-private land in King City, this is a masterclass in flexibility. Surrounded by multi-million dollar luxury estates, this location isn't just prestigious; it's an absolute goldmine of potential. The existing 4-bedroom, 3-bathroom bungalow features a walk-out basement with a separate side entrance, making it completely turn-key. Move right in, use it for steady holding income, or get comfortable while sketching your grand vision. The kitchen was tastefully renovated 10 years ago, offering an updated anchor to the home complemented by a versatile den, dedicated dining room, and timeless hardwood flooring. For country peace of mind, the property operates on well and septic, propane heating, and solar panels working in the background to offset your footprint. A functional covered porch adds perfect mudroom utility. But the real magic is the canvas. With 2 expansive acres, the options are endless. Build your custom mega-mansion, deploy a dream landscape architecture plan, or use the vast, ultra-private terrain to develop a premier hobby farm and homestead. If you value complete seclusion but refuse to compromise on a AAA+ location, you need to physically walk this property. Let your imagination run wild with the sheer scale of what's possible here. Live in it, lease it, or build it. Land this versatile on a street this exclusive doesn't wait around.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$8,716
Lot Size252 ft x 394.58 ft
mls© NumberN14029116
Listed ByREAL BROKER ONTARIO LTD.

Listing History

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

Schools

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What the bank counts

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

Mortgage, tested at 6%
$8,132
Property tax
$726
Heat allowance
$150
Housing costs
$9,009 / mo

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

Down payment20% · $317,760
25-yr amortization

Income needed

$277,000

gross annual household income

Payment at 4%
$6,686 / mo
Cash down
$317,760

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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