325 King St
Rural King, King, L3Y 4V9
FOR SALE
$1,395,000
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Property Description
This rural residential property at 325 King Street, King, ON, offers a detached, 1 1/2 storey home on a 10-acre lot. It features 3 bedrooms, 2 bathrooms, a spacious living/dining area with laminate and ceramic flooring, and a private well and septic system. The exterior includes a gravel driveway and is surrounded by agricultural and vacant land, providing a serene, rural setting. 100% of the 10-acre lot is usable. No trees, bushes, or other things getting in the way of your build potential. Huge build potential. Multi-million dollar homes nearby. Conveniently located 10 minutes from Highway 400 and a 23-minute drive to Vaughan, this property promises significant appeal and won't last long! ZONING: RU2 (King Zoning By-Law 74-53), AS (King Zoning By-Law 2022-053).
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-12-06 | 2024-03-09 | 94 | $1,495,000 | - | Suspended |
| 2023-09-08 | 2023-12-05 | 90 | $1,800,000 | - | Suspended |
| 2022-10-27 | 2023-07-10 | 256 | $2,200,000 | - | Terminated |
| 2022-01-30 | 2022-02-11 | 12 | $1,999,000 | $1,650,013 | Sold |
| 2021-01-29 | 2021-05-14 | 104 | $1,199,000 | $1,198,000 | Sold |
| 2021-01-29 | 2021-05-14 | 105 | $1,199,000 | - | Expired |
| 2019-12-05 | 2020-09-05 | 275 | $1,199,000 | - | Expired |
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Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Lot Size
547' x 806'
Acreage
10-24.99
Lot Irregularities
546.78Ftx807.10Ftx546.91Ftx806.11Ft
Fronting
South
Taxes
$3,308 (2023)
Basement
Unfinished
Exterior
Alum Siding, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Well
Parking Spaces
8
Driveway
Private
Garage Type
None
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King Market Statistics
King Price Trend
325 King St is a 3-bedroom 2-bathroom home listed for sale at $1,395,000, which is $655,600 (32.0%) lower than the average sold price of $2,050,600 in the last 30 days (March 30 - April 28). 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 29 - March 29) and up $381,513 (22.9%) from the same time one year ago.Inventory Change
There were 20 3-bedroom homes listed in King over the last 30 days (March 30 - April 28), which is up 17.6% compared with the previous 30 day period (February 29 - March 29) and down 4.8% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in King typically sold ($83,599) (4.1%) below asking price over the last 30 days (March 30 - April 28), which represents a $46,746 increase compared to the previous 30 day period (February 29 - March 29) and ($31,400) 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 30 - April 28) stood at 25.0%, down from 64.7% over the previous 30 days (February 29 - March 29) and down from 38.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in King stood at 19 days when successfully sold over the last 30 days (March 30 - April 28), compared to 54 days before being removed from the market upon being suspended or terminated.Listing contracted with Ipro Realty Ltd
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