14385 Jane St
Rural King, King, L7B 1A3
FOR SALE
$3,188,000
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BEDROOMS4
BATHROOMS1
KITCHENS7
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Property Description
Presenting a remarkable ** 22-Acre property** situated in the highly sought-after King City region @ JANE ST/ 16TH SDRD. This exquisite estate has a multitude of possibilities for future development, with expansive table land that offers both privacy and potential. The property is conveniently located near renowned educational institutions, including The Country Day School, St. Andrews College, and Seneca College, as well as the amenities of Richmond Hill. Commuters will appreciate easy access to major thoroughfares, facilitating direct travel to downtown Toronto and the airport. The existing ranch-style bungalow has been tastefully renovated, making it suitable for immediate occupancy or use as a guest residence. This is a prime opportunity for investors and homeowners alike to secure a distinctive parcel in a premier location.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-09-09 | 2024-12-06 | 91 | $3,388,000 | - | Expired |
2023-07-20 | 2023-10-18 | 92 | $3,888,000 | - | Suspended |
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
416' x 1,722'
Acreage
10-24.99
Lot Irregularities
Irregular Lot
Fronting
East
Taxes
$8,748 (2024)
Basement
None
Exterior
Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Other
Water
Well
Parking Spaces
20
Driveway
Private
Garage Type
None
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King Market Statistics
King Price Trend
14385 Jane St is a 4-bedroom 4-bathroom home listed for sale at $3,188,000, which is $565,500 (21.6%) higher than the average sold price of $2,622,500 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 4 bedroom home in King declined by $90,400 (3.3%) compared to the previous 30 day period (November 19 - December 18) and up $370,500 (16.5%) from the same time one year ago.Inventory Change
There were 7 4-bedroom homes listed in King over the last 30 days (December 19 - January 17), which is down 22.2% compared with the previous 30 day period (November 19 - December 18) and down 12.5% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in King typically sold ($193,420) (7.4%) below asking price over the last 30 days (December 19 - January 17), which represents a $16,480 increase compared to the previous 30 day period (November 19 - December 18) and ($174,142) 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 4-bedroom homes in King over the last 30 days (December 19 - January 17) stood at 71.4%, down from 111.1% over the previous 30 days (November 19 - December 18) and down from 87.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in King stood at 63 days when successfully sold over the last 30 days (December 19 - January 17), compared to 88 days before being removed from the market upon being suspended or terminated.Listing contracted with Alan Newton Real Estate Ltd.
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