126 Melrose Ave

King City, King, L7B 1J6
FOR SALE
$2,098,000
126 Melrose Ave, King
126 Melrose Ave
126 Melrose Ave
126 Melrose Ave
126 Melrose Ave
126 Melrose Ave
126 Melrose Ave
126 Melrose Ave
126 Melrose Ave
126 Melrose Ave
126 Melrose Ave
126 Melrose Ave
126 Melrose Ave
126 Melrose Ave
126 Melrose Ave
126 Melrose Ave
126 Melrose Ave
126 Melrose Ave
126 Melrose Ave
126 Melrose Ave
126 Melrose Ave
126 Melrose Ave
126 Melrose Ave
126 Melrose Ave
126 Melrose Ave
126 Melrose Ave
126 Melrose Ave
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
N5437480
MLSID
Contact Us
Property Description
King City Premium Ravine Lot!!! Permit Application Submitted With Approval Around The Corner, Break Ground This Coming Spring And Build The Home Of Your Dreams... Lot Size 100' X 150' Backing On To Ravine (5000 Sq Ft Two Storey Permitted). This Family Desirable Location Is In A Multi-Million Dollar Community With Easy Access To Multiple Private Schools... Easy Access To Highways, Shops, Go Train, Restaurants & Lounges...
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-09-03 2021-11-03 61 $2,098,900 - Expired
2021-05-31 2021-08-31 92 $2,268,000 - Expired
2020-08-27 2020-09-25 29 $1,499,000 $1,350,000 Sold
Extras
.... Changes/Alterations To The Designs And Permit Application Can Be Discussed Prior To An Offer...Complete Full Architectural Mechanical & Electrical Drawings Can Be Provided And Reviewed...Building Costs Are In Addition To The Posted Pri
Nearby Intersections
Property Details
Community
City
Property Type
Detached, Bungalow
Lot Size
100' x 150'
Fronting
North
Taxes
$5,544 (2020)
Basement
Full, Part Fin
Exterior
Brick, Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Pvt Double
Garage Type
Detached
King Market Statistics
King Price Trend
126 Melrose Ave is a 3-bedroom 2-bathroom home listed for sale at $2,098,000, which is $59,058 (2.9 %) higher than the average sold price of $2,038,942 in the last 30 days (November 2 - December 1). During the last 30 days the average sold price for a 3 bedroom home in King increased by $662,407 (48.1 %) compared to the previous 30 day period (October 3 - November 1) and up $730,521 (55.8 %) from the same time one year ago.
Inventory Change
There were 9 3-bedroom homes listed in King over the last 30 days (November 2 - December 1), which is up 28.6 % compared with the previous 30 day period (October 3 - November 1) and down 18.2 % compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in King typically sold ($63,569) (3.1 %) below asking price over the last 30 days (November 2 - December 1), which represents a $11,377 decrease compared to the previous 30 day period (October 3 - November 1) and ($53,868) 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 3-bedroom homes in King over the last 30 days (November 2 - December 1) stood at 77.8 %, down from 157.1 % over the previous 30 days (October 3 - November 1) and down from 172.7 % one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in King stood at 24 days when successfully sold over the last 30 days (November 2 - December 1), compared to 51 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max West Realty Inc., Brokerage
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