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Property Description
***1 ACRE LOT W/ DEVELOPMENT POTENTIAL*** Located on Keele Street just 700m down from the Keele St Go Station. Between King Road & King Vaughan Road. Excellent Opportunity to explore the development of this property. Many Neighbouring & Nearby Properties have already been Re-Developed. Owner Occupied Century Home with many updates is currently on the property. 30' x 40' Detached Workshop with a large mezzanine. Excellent High Demand Location! Opportunity Knocks!
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Extras
The property is zoned Rural General (RU1) by By-Law 74-53, as amended; zoned Future Development (F) by By-Law 2017-66. *Buyer to do own due diligence* *Please do NOT walk the property without an appointment*
Property Features
Public Transit, School Bus Route
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
115' x 383'
Acreage
.50-1.99
Lot Irregularities
Slightly Irr - 1 Acre Lot
Fronting
West
Taxes
$5,326 (2024)
Basement
Finished, Full
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Parking Spaces
10
Driveway
Available
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Dining | Main | 13.52' x 17.75' | Hardwood Floor, Window |
| Office | Main | 18.04' x 12.80' | Ceramic Floor, Window |
| Kitchen | Main | 11.25' x 11.38' | Stainless Steel Appl, Window |
| Br | Main | 15.16' x 8.33' | Broadloom, Window |
| Living | Main | 16.80' x 16.80' | Hardwood Floor, Window |
| Family | Main | 10.76' x 21.98' | Hardwood Floor, Window |
| Prim Bdrm | Upper | 13.78' x 9.84' | Broadloom, Closet, Window |
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King Market Statistics
King Price Trend
12450 Keele St is a 2-bedroom 2-bathroom home listed for sale at $3,499,000, which is $51,000 (1.4%) lower than the average sold price of $3,550,000 in the last 30 days (April 2 - May 1). During the last 30 days the average sold price for a 2 bedroom home in King increased by $1,875,000 (111.9%) compared to the previous 30 day period (March 3 - April 1) and up $2,270,000 (177.3%) from the same time one year ago.Inventory Change
There were 0 2-bedroom homes listed in King over the last 30 days (April 2 - May 1), which is down 100.0% compared with the previous 30 day period (March 3 - April 1) and down 100.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in King typically sold ($49,000) (1.4%) below asking price over the last 30 days (April 2 - May 1), which represents a $275,900 increase compared to the previous 30 day period (March 3 - April 1) and $181,000 less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom homes in King over the last 30 days (April 2 - May 1) stood at ∞, up from 25.0% over the previous 30 days (March 3 - April 1) and up from 20.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in King stood at 32 days when successfully sold over the last 30 days (April 2 - May 1), compared to 88 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Chay Realty
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