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Rural King, King
$1,129,000
Exceptional Opportunity to Build Your Dream Home on 5 Acres in Happy Valley. Set at the end of a long private driveway in the sought-after Happy Valley area of the Oak Ridges Moraine, this remarkable 5-acre property offers privacy, tranquility and an incredible opportunity to create something truly special. Surrounded by mature forest, winding trails and abundant wildlife, the property feels wonderfully secluded while remaining just minutes from nearby communities, schools and amenities. A stream runs through the property and, with thoughtful restoration, could once again become a beautiful feature of the landscape. A natural basin where a pond previously existed also offers the potential to restore a peaceful water feature and further enhance this already picturesque setting. Mature trees and untouched forest provide an exceptional backdrop for those looking to build a private retreat surrounded by nature. Happy Valley is known for its rolling terrain, lush landscape and protected natural environment, making this a rare opportunity to own a substantial parcel within one of the area's most distinctive settings. Property is being sold for land value only. The existing home is being sold in "as-is, where-is" condition, with no representations or warranties. Pond photos are from previous years and are included to illustrate the property's former appearance and potential. Bring your vision-5 acres, exceptional privacy and a setting like this are increasingly hard to find.
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| Type | Detached |
| Style | Bungalow-Raised |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $6,532 |
| Lot Size | 265 ft x 822 ft |
| mls© Number | N13672242 |
| Listed By | COLDWELL BANKER THE REAL ESTATE CENTRE |
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%
- $5,779
- Property tax
- $544
- Heat allowance
- $150
- Housing costs
- $6,473 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$199,000
gross annual household income
- Payment at 4%
- $4,751 / mo
- Cash down
- $225,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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