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ROOMSN11824661
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Property Description
This exceptional custom-built home in King City flawlessly blends luxury and sophistication. Featuring 4 spacious bedrooms on the second level, including a lavish primary suite with a spa-inspired ensuite and jacuzzi, the master suite also boasts a large walk-out terrace, his-and-her walk-in closets, and breathtaking views of the conservation area with mature trees.The gourmet kitchen is a chefs dream, outfitted with high-end Sub-Zero appliances, a wet bar, custom cabinetry, and a large central island. The main floor also offers a generously sized office and a cozy library area perfect for work or quiet reflection along with expansive living and dining areas designed for effortless entertaining. Soaring 24-foot ceilings in the living and library areas create a grand, open atmosphere. This residence is the epitome of modern design and timeless elegance. Step outside to a beautifully landscaped yard, complete with an outdoor kitchen, zoned lounge areas, botanical gardens, and serene ravine views ideal for both relaxation and hosting guests. The home is equipped with smart home automation through a Crestron system and features a fully finished lower level with two bedrooms, a den, two cantinas, and a fully equipped kitchen. A separate walk-up basement entrance provides convenient access, perfect for an in-law suite or added privacy. Located in one of Ontarios most prestigious communities, this estate is just moments from top schools, renowned golf courses, and premium amenities.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-09-20 | 2024-10-28 | 38 | $3,388,000 | - | Terminated |
| 2024-09-06 | 2024-09-20 | 14 | $2,950,000 | - | Terminated |
| 2024-07-24 | 2024-09-06 | 44 | $3,495,000 | - | Terminated |
| 2024-07-03 | 2024-07-24 | 21 | $3,690,000 | - | Terminated |
| 2023-01-26 | 2023-03-27 | 60 | $5,980 | $5,980 | Leased |
Extras
Irrigation, Alarm & Surveillance Systems Included. Hunter Douglas Auto Blinds, All Electrical Light Fixtures. Subzero Fridge, Wolf 6 Burner Stove, Built In Micro, Dish Washer, Wine Coolers. Two Laundry Rooms! Full Kitchen In Lower Level.
Property Features
Fenced Yard, Grnbelt/Conserv, Park, Public Transit, School, School Bus Route
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
60' x 195'
Fronting
North
Taxes
$14,650 (2024)
Basement
Apartment, Finished
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Built-In
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 12.14' x 14.76' | Hardwood Floor, Pot Lights, W/O To Balcony |
| Dining | Main | 11.88' x 18.57' | Hardwood Floor, Pot Lights |
| Kitchen | Main | 10.73' x 18.57' | Stainless Steel Appl, Centre Island, Family Size Kitchen |
| Breakfast | Main | 10.73' x 16.80' | Stone Floor, Walk-Out, Family Size Kitchen |
| Family | Main | 14.93' x 19.49' | Hardwood Floor, Cathedral Ceiling, Gas Fireplace |
| Office | Main | 10.73' x 13.65' | Hardwood Floor, Cathedral Ceiling, Gas Fireplace |
| Prim Bdrm | 2nd | 14.86' x 16.80' | Hardwood Floor, 4 Pc Ensuite, W/I Closet |
| 2nd Br | 2nd | 15.85' x 15.94' | Hardwood Floor, 4 Pc Ensuite, Cathedral Ceiling |
| 3rd Br | 2nd | 13.78' x 15.42' | Hardwood Floor, 4 Pc Ensuite, W/I Closet |
| 4th Br | 2nd | 12.34' x 14.63' | Hardwood Floor, 4 Pc Ensuite, W/I Closet |
| Kitchen | Bsmt | 13.62' x 22.67' | Centre Island, Stainless Steel Appl, Open Concept |
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King Market Statistics
King Price Trend
187 Carmichael Cres is a 4-bedroom 5-bathroom home listed for sale at $3,198,000, which is $518,786 (19.4%) higher than the average sold price of $2,679,214 in the last 30 days (November 11 - December 10). During the last 30 days the average sold price for a 4 bedroom home in King increased by $292,857 (12.3%) compared to the previous 30 day period (October 12 - November 10) and up $699,643 (35.3%) from the same time one year ago.Inventory Change
There were 15 4-bedroom homes listed in King over the last 30 days (November 11 - December 10), which is down 55.9% compared with the previous 30 day period (October 12 - November 10) and down 0.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in King typically sold ($219,041) (8.2%) below asking price over the last 30 days (November 11 - December 10), which represents a $43,863 decrease compared to the previous 30 day period (October 12 - November 10) and ($140,557) 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 (November 11 - December 10) stood at 93.3%, up from 41.2% over the previous 30 days (October 12 - November 10) and up from 46.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 5-bathroom home in King stood at 46 days when successfully sold over the last 30 days (November 11 - December 10), compared to 65 days before being removed from the market upon being suspended or terminated.Listing contracted with One Percent Realty Ltd.
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