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Property Description
Extraordinary opportunity located right in the heart of King City, a truly exceptional 53 x 200 ft developable lot that is bursting with potential and ready 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. This property is ideal for a variety of professional uses such as medical practices, law firms, accounting offices, engineering firms, or real estate agencies. It also holds the potential to 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.**EXTRAS** Existing furniture is available for tenant use. Don't miss your chance to own a prime piece of King City's thriving core
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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 (25)
Keele & King (28)
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
53' x 200'
Fronting
West
Taxes
$18,106 (2024)
Basement
Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Both
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 $2,288,800, which is $949,050 (70.8%) higher than the average sold price of $1,339,750 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in King declined by $914,000 (40.6%) compared to the previous 30 day period (December 22 - January 20) and down $318,250 (19.2%) from the same time one year ago.Inventory Change
There were 13 3-bedroom homes listed in King over the last 30 days (January 21 - February 19), which is up 8.3% compared with the previous 30 day period (December 22 - January 20) and down 7.1% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in King typically sold $18,278 (1.4%) above asking price over the last 30 days (January 21 - February 19), which represents a $162,728 increase compared to the previous 30 day period (December 22 - January 20) and ($93,166) 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 (January 21 - February 19) stood at 30.8%, down from 33.3% over the previous 30 days (December 22 - January 20) and down from 42.9% 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 40 days when successfully sold over the last 30 days (January 21 - February 19), compared to 68 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Your Community Realty
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