2430 King Rd

King City, King, L7B 1J7
FOR SALE
$1,729,000
2430 King Rd, King
2430 King Rd
2430 King Rd
2430 King Rd
2430 King Rd
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5 + 1
BEDROOMS
5
BATHROOMS
1
KITCHENS
12 + 1
ROOMS
N8168070
MLSID
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Property Description
2430 King Rd. property presents a rare opportunity to acquire a property that offers the best of both worlds. Perfect for a large family. Situated in the highly sought-after King City, the property enjoys proximity to all the main amenities, including shopping plazas, library, hw 400. It's strategic location enhances its appeal. The Amazing potential to call this house your home. It includes 2 furnaces, 200 amp electric panel and more. Don't miss out on the chance to secure your foothold in one of King City most dynamic areas.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-05-09 2023-05-15 6 $1,100 $1,100 Leased
Extras
Priced Low to sell fast. See attachment for more information.
Nearby Intersections
Property Features
Library, Public Transit, Rec Centre, School
Property Details
Street
Community
City
Property Type
Detached, Other
Approximate Sq.Ft.
2500-3000
Lot Size
100' x 150'
Fronting
North
Taxes
$7,310 (2024)
Basement
Finished, Part Fin
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
14
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
DiningMain11.75' x 17.91'Open Concept, Vaulted Ceiling, Tile Floor
KitchenMain8.56' x 12.89'O/Looks Backyard, Tile Floor
FamilyMain23.39' x 12.30'Gas Fireplace, Hardwood Floor
LibraryMain8.56' x 12.89'Hardwood Floor, B/I Closet
4th BrMain12.99' x 11.32'Hardwood Floor, Large Window
SunroomMain13.65' x 14.47'Large Window, Vaulted Ceiling
Prim Bdrm2nd16.24' x 16.73'Ensuite Bath, Bidet
2nd Br2nd12.66' x 14.90'B/I Closet, Hardwood Floor
3rd Br2nd12.99' x 11.32'B/I Closet, B/I Closet
LivingFlat10.50' x 19.32'Open Concept, Electric Fireplace
BrFlat10.24' x 13.81'O/Looks Backyard, Hardwood Floor
King Market Statistics
King Price Trend
2430 King Rd is a 5-bedroom 5-bathroom home listed for sale at $1,729,000, which is $288,000 (14.3%) lower than the average sold price of $2,017,000 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 5 bedroom home in King declined by $853,000 (29.7%) compared to the previous 30 day period (February 26 - March 26) and down $200,500 (9.0%) from the same time one year ago.
Inventory Change
There were 7 5-bedroom homes listed in King over the last 30 days (March 27 - April 25), which is down 50.0% compared with the previous 30 day period (February 26 - March 26) and down 12.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in King typically sold $267,000 (13.2%) above asking price over the last 30 days (March 27 - April 25), which represents a $480,379 increase compared to the previous 30 day period (February 26 - March 26) and ($45,000) 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 5-bedroom homes in King over the last 30 days (March 27 - April 25) stood at 28.6%, down from 35.7% over the previous 30 days (February 26 - March 26) and down from 50.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 5-bathroom home in King stood at 14 days when successfully sold over the last 30 days (March 27 - April 25), compared to 73 days before being removed from the market upon being suspended or terminated.
Listing contracted with Tfn Realty Inc.
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