King Terraces – King City

King Terraces is a new condo development by Zancor Homes currently in preconstruction at 2075 King Road, King City. The development is scheduled for completion in 2024. Available units range in price from $639,990 to over $1,079,990. King Terraces has a total of 280 units. Sizes range from 451 to 963 square feet.

King Terraces Details

• Building Type: Condo
• Ownership: Condominium
• Selling Status: Registration
• Sales Start: 2021
• Construction Status: Preconstruction
• Estimated Completion: Fall/Winter 2024
• Builder(s): Zancor Homes
• Interior Designer(s): Tomas Pearce Interior Design Consulting Inc.
• Sales Company: Intercity Realty

Pricing & Fees

• Prices – From $639,990 to over $1,079,990
• C.C / Maint: $0.68 Per SqFt per Month
• Cost to Purchase Parking: Included in the purchase price
• Cost to Purchase Storage: Included in the purchase price
• Average Price per Sqft: $1222 per SqFt

Deposit Structure

$5,000 on Signing
Balance of 5% in 30 days
5% in 90 days
5% in 365 days
5% in 540 days
5% on Occupancy

International Buyer:

$5,000 on Signing
Balance of 10% in 30 days
10% in 150 days
10% in 270 days
5% on occupancy