18395 Keele St
Rural King, King, L7B 0G5
FOR SALE
$1,699,000
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Property Description
Prime location! This 9.907-acre property in King is situated adjacent to Woodchoppers Lane. It includes a 3-bedroom home, a spacious detached shop/barn/garage with an electrical panel, and four large greenhouses (approximately 31,876 sqft) equipped with electricity, heat, and water. The property is in close proximity to various re-build projects and is just minutes away from Newmarket box stores, Highway 400, golf courses, and a winery! An excellent investment opportunity.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-06-13 | 2022-08-13 | 61 | $1,988,880 | - | Expired |
| 2022-05-26 | 2022-06-12 | 17 | $2,499,000 | - | Terminated |
| 2022-06-13 | 2022-08-13 | 61 | $1,988,880 | - | Expired |
| 2022-05-26 | 2022-06-12 | 17 | $2,499,000 | - | Terminated |
| 2022-06-13 | 2022-08-13 | 61 | $1,988,880 | - | Expired |
| 2022-05-26 | 2022-06-12 | 17 | $2,499,000 | - | Terminated |
| 2022-11-26 | 2023-02-19 | 85 | $1,630,000 | $1,500,000 | Sold |
| 2022-08-25 | 2022-11-24 | 92 | $1,699,000 | - | Expired |
| 2022-06-13 | 2022-08-13 | 61 | $1,988,880 | - | Expired |
| 2022-05-26 | 2022-06-12 | 17 | $2,499,000 | - | Terminated |
Extras
New Plumbing, New Electrical, New Metal Roof (75 Year Warranty), Fairly New Furnace.
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Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Lot Size
196' x 2,344'
Acreage
5-9.99
Lot Irregularities
Rear Pies To 346.63
Fronting
East
Taxes
$1,700 (2023)
Basement
None
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Well
Parking Spaces
6
Driveway
Private
Garage Type
Detached
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King Market Statistics
King Price Trend
18395 Keele St is a 3-bedroom 1-bathroom home listed for sale at $1,699,000, which is $351,600 (17.1%) lower than the average sold price of $2,050,600 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 3 bedroom home in King increased by $282,419 (16.0%) compared to the previous 30 day period (February 27 - March 27) and up $330,215 (19.2%) from the same time one year ago.Inventory Change
There were 21 3-bedroom homes listed in King over the last 30 days (March 28 - April 26), which is up 23.5% compared with the previous 30 day period (February 27 - March 27) and down 8.7% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in King typically sold ($83,599) (4.1%) below asking price over the last 30 days (March 28 - April 26), which represents a $46,746 increase compared to the previous 30 day period (February 27 - March 27) and ($52,457) 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 3-bedroom homes in King over the last 30 days (March 28 - April 26) stood at 23.8%, down from 64.7% over the previous 30 days (February 27 - March 27) and down from 30.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in King stood at 19 days when successfully sold over the last 30 days (March 28 - April 26), compared to 54 days before being removed from the market upon being suspended or terminated.Listing contracted with Salerno Realty Inc.
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