15725 Weston Rd
Rural King, King, L7B 0L4
FOR SALE
$7,450,000
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Property Description
Location, location, location. Nestled in the heart of prestigious King Township this 91 acre parcel of land is a hidden gem. Fronting on highly sought after Weston Rd and backing onto Hwy 400. Long driveway leads to a harmonious blend of pastoral open lands and tranquil woodlands. High and dry terrain, 5 mins from Aurora, a perfect balance between rural serenity and urban convenience. Multiple housing units in As-Is condition awaiting a vision to restore new life into timeworn walls. Intricate and authentic timber frame bank barn plus additional outbuildings.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2023-09-06 | 2024-09-06 | 366 | $7,450,000 | - | Expired |
2022-09-15 | 2023-09-06 | 356 | $7,450,000 | - | Terminated |
2021-09-17 | 2022-09-15 | 363 | $7,950,000 | - | Terminated |
2020-07-28 | 2020-12-16 | 146 | $3,600,000 | $3,600,000 | Sold |
2019-09-04 | 2020-02-01 | 151 | $3,600,000 | - | Expired |
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Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Acreage
50-99.99
Lot Irregularities
Backs To Hwy 400
Fronting
East
Taxes
$17,395 (2023)
Basement
Unfinished
Exterior
Metal/Side
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Parking Spaces
20
Driveway
Private
Garage Type
Other
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Family | Main | 15.91' x 17.06' | |
Kitchen | Main | 15.12' x 7.94' | |
Dining | Main | 15.12' x 8.46' | |
Living | Main | 11.22' x 12.40' | |
Office | Main | 8.86' x 8.92' | |
Prim Bdrm | Main | 15.91' x 25.92' | |
2nd Br | 2nd | 15.42' x 8.96' | |
3rd Br | 2nd | 15.42' x 8.96' |
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King Market Statistics
King Price Trend
15725 Weston Rd is a 4-bedroom 3-bathroom home listed for sale at $7,450,000, which is $5,094,471 (216.3%) higher than the average sold price of $2,355,529 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 4 bedroom home in King declined by $222,921 (8.6%) compared to the previous 30 day period (September 21 - October 20) and up $167,307 (7.6%) from the same time one year ago.Inventory Change
There were 29 4-bedroom homes listed in King over the last 30 days (October 21 - November 19), which is down 32.6% compared with the previous 30 day period (September 21 - October 20) and up 52.6% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in King typically sold ($176,927) (7.5%) below asking price over the last 30 days (October 21 - November 19), which represents a $86,253 increase compared to the previous 30 day period (September 21 - October 20) and ($169,755) 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 (October 21 - November 19) stood at 58.6%, up from 23.3% over the previous 30 days (September 21 - October 20) and up from 47.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in King stood at 23 days when successfully sold over the last 30 days (October 21 - November 19), compared to 47 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark York Group Realty Ltd.
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