188 Fog Rd
Rural King, King, L7B 1A3
FOR SALE
$2,098,000
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Property Description
Dream Home Opportunity! Located in the heart of King City, this property offers the perfect canvas for your dream home! Nestled on a private, wooded lot in a multi-million dollar home area, this prime location is ideal for building your new custom home or embarking on a major renovation project. With permits already started for an 8000 sq ft masterpiece or the option for a charming country retreat, the possibilities are endless! Enjoy 6+ acres of privacy offering tranquility while still being close to city amenities, private schools, and the convenience of the GO Train. This home is also conveniently located near GO Transit and Hwy 400, making commuting a breeze. Don't miss out on this rare opportunity to create your own sanctuary!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-03-26 | 2024-04-23 | 28 | $2,200,000 | - | Terminated |
| 2023-05-12 | 2023-11-10 | 184 | $2,398,000 | - | Expired |
| 2021-01-19 | 2021-02-24 | 36 | $2,198,000 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
426' x 592'
Acreage
5-9.99
Fronting
West
Taxes
$8,479 (2024)
Basement
Unfinished
Exterior
Alum Siding
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Well
Parking Spaces
8
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 14.44' x 18.54' | Combined W/Dining, Crown Moulding, Picture Window |
| Dining | Main | 10.93' x 11.65' | Combined W/Living, Crown Moulding |
| Kitchen | Main | 11.32' x 12.86' | B/I Dishwasher, Backsplash, Double Sink |
| Family | Main | 11.15' x 21.65' | Panelled, Gas Fireplace, W/O To Yard |
| Laundry | Main | 6.56' x 8.20' | 2 Pc Bath, Vinyl Floor |
| Prim Bdrm | 2nd | 14.44' x 15.55' | W/W Closet, Broadloom, 3 Pc Ensuite |
| 2nd Br | 2nd | 10.17' x 13.12' | Double Closet, Broadloom |
| 3rd Br | 2nd | 9.84' x 9.84' | Double Closet, Broadloom |
| 4th Br | 2nd | 8.27' x 9.84' | Double Closet, Broadloom |
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King Market Statistics
King Price Trend
188 Fog Rd is a 4-bedroom 3-bathroom home listed for sale at $2,098,000, which is $56,112 (2.7%) higher than the average sold price of $2,041,888 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 4 bedroom home in King declined by $558,334 (21.5%) compared to the previous 30 day period (March 15 - April 13) and down $239,170 (10.5%) from the same time one year ago.Inventory Change
There were 40 4-bedroom homes listed in King over the last 30 days (April 14 - May 13), which is up 66.7% compared with the previous 30 day period (March 15 - April 13) and up 25.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in King typically sold ($91,000) (4.5%) below asking price over the last 30 days (April 14 - May 13), which represents a $44,888 increase compared to the previous 30 day period (March 15 - April 13) and ($86,352) 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 (April 14 - May 13) stood at 22.5%, down from 37.5% over the previous 30 days (March 15 - April 13) and down from 53.1% 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 13 days when successfully sold over the last 30 days (April 14 - May 13), compared to 41 days before being removed from the market upon being suspended or terminated.Listing contracted with Nest Seekers International Real Estate
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