179 Martin St

King City, King, L7B 1J5
FOR SALE
$2,188,880
179 Martin St, King
179 Martin St
179 Martin St
179 Martin St
179 Martin St
179 Martin St
179 Martin St
179 Martin St
179 Martin St
179 Martin St
179 Martin St
179 Martin St
179 Martin St
179 Martin St
179 Martin St
179 Martin St
179 Martin St
179 Martin St
179 Martin St
179 Martin St
179 Martin St
179 Martin St
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179 Martin St
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179 Martin St
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179 Martin St
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3 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
6 + 2
ROOMS
N11920727
MLSID
Contact Us
Property Description
This incredible 2.37-acre property in high-demand King City offers a rare opportunity for both nature enthusiasts and savvy investors. With dimensions of 163x632 feet, the land is surrounded by multi-million-dollar homes, and its northern and northeastern edges have already seen significant development, with neighboring houses extending close to the yard. For an experienced land developer, this premium lot holds immense potential, making it a truly valuable investment. The home itself is in excellent condition, maintained above average standards. Recent upgrades, including the installation of Enbridge gas in 2023, have enhanced energy efficiency. The main floor features 1,800 square feet of living space with three bedrooms and two bathrooms, while the 1,000-square-foot walkout basement offers versatile options for additional living space or rental income. Whether you envision developing the land, enjoying the home for personal use, or generating rental income, this property is a rare find in a prestigious location.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-09-09 2025-01-13 126 $2,430,000 - Suspended
2021-11-25 2021-12-01 6 $3,000 $2,900 Leased
2021-09-07 2021-10-06 29 $1,998,000 - Suspended
2021-04-16 2021-07-22 97 $2,360,000 - Expired
2021-01-18 2021-01-24 6 $1,928,000 - Suspended
2020-10-16 2021-01-18 94 $2,080,000 - Expired
2019-11-13 2020-03-10 118 $2,700 $2,550 Leased
Nearby Intersections
Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
163' x 632'
Acreage
2-4.99
Lot Irregularities
2.37 Acres As Per Mpac
Fronting
East
Taxes
$8,333 (2024)
Basement
Full, W/O
Exterior
Brick
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
12
Driveway
Mutual
Garage Type
Attached
King Market Statistics
King Price Trend
179 Martin St is a 3-bedroom 3-bathroom home listed for sale at $2,188,880, which is $256,120 (10.5%) 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 3-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 First Class Realty Inc.
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