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Property Description
Prime King City Development Opportunity Endless Possibilities Await!Discover a rare gem in the heart of King City with this exceptional 53 x 200 ft developable lot, offering immense potential to shape the future of the King City Core! Currently operating as a professional office, this charming property boasts a well-designed layout, including 5-6 offices, a reception area, a spacious boardroom, a kitchen, 2 bathrooms, and a convenient kitchenette.The expansive lot features ample parking for 8-10 vehicles, with room for expansion to accommodate even more. Ideal for a variety of professional uses such as medical practices, law firms, accounting offices, engineering firms, or real estate agencies, the space can also be converted into a residential property to suit your vision.Strategically located just steps from the Keele and King Road intersection, this property offers excellent visibility, signage opportunities, and proximity to public transit, ensuring convenience for clients and employees alike. The full basement provides additional storage, while three separate entrances offer flexibility for multi-use configurations.With no heritage designation, the property allows for future development or expansion without restrictions, making it a truly valuable investment. Whether you're looking to renovate for your business needs, convert into a residence, or develop for future growth, the possibilities are endless.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-10-16 | 2023-12-10 | 55 | $2,399,000 | - | Terminated |
| 2023-10-16 | 2023-12-06 | 54 | $2,399,000 | - | Suspended |
| 2023-07-17 | 2023-10-16 | 91 | $2,399,000 | - | Terminated |
| 2023-04-14 | 2023-07-14 | 92 | $2,399,000 | - | Expired |
Nearby Intersections
King & Dufferin (20)
Keele & King (32)
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Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Lot Size
53' x 200'
Fronting
West
Taxes
$18,107 (2024)
Basement
Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
10
Driveway
Available
Garage Type
None
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King Market Statistics
King Price Trend
13066 Keele St is a 3-bedroom 2-bathroom home listed for sale at $2,399,000, which is $46,000 (1.9%) lower than the average sold price of $2,445,000 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom home in King increased by $475,000 (24.1%) compared to the previous 30 day period (November 19 - December 18) and up $948,500 (63.4%) from the same time one year ago.Inventory Change
There were 11 3-bedroom homes listed in King over the last 30 days (December 19 - January 17), which is down 15.4% compared with the previous 30 day period (November 19 - December 18) and up 83.3% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in King typically sold ($150,300) (6.1%) below asking price over the last 30 days (December 19 - January 17), which represents a $76,986 decrease compared to the previous 30 day period (November 19 - December 18) and ($165,949) more 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 (December 19 - January 17) stood at 27.3%, down from 46.2% over the previous 30 days (November 19 - December 18) and down from 33.3% 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 47 days when successfully sold over the last 30 days (December 19 - January 17), compared to 63 days before being removed from the market upon being suspended or terminated.Listing contracted with Right At Home Realty
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