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5
BEDROOMS3
BATHROOMS2 + 1
KITCHENS8 + 5
ROOMSN9398139
MLSIDContact Us
Property Description
Exceptional opportunity for developers, builders, or those looking to create their dream home. Set on a rare 100 x 200 ft lot (approximately acre), this property is a prime investment in an area undergoing rapid development as part of the King City Core Area Redevelopment Plan.Nestled on a quiet, low-traffic street lined with mature trees, the property offers a peaceful, private setting while being just a short walk from local schools, parks, retailers, and the King City Go Station ideal for families and commuters alike.The existing large bungalow features spacious rooms, including a large dining area and a bright solarium. The family room and fourth bedroom have been converted into a separate dwelling with two bedrooms, a kitchen, and a bath, perfect for extended family or rental income. This space can easily be converted back to its original layout. Additionally, the basement has a bathroom, kitchen, and separate entrance, offering even more flexibility for potential uses.The expansive backyard is perfect for outdoor entertaining, featuring a large swimming pool, pool house, stone oven, and gazebo. The vast outdoor space offers endless possibilities.
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Nearby Intersections
King & Dufferin (30)
Keele & King (47)
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
100' x 200'
Fronting
West
Taxes
$7,245 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
6
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 12.50' x 15.58' | |
| Dining | Main | 17.16' x 12.34' | |
| Kitchen | Main | 9.51' x 8.83' | |
| Prim Bdrm | Main | 9.51' x 12.17' | |
| Br | Main | 8.92' x 9.58' | |
| Br | Main | 8.92' x 12.01' | |
| Sunroom | Main | 11.25' x 15.75' | |
| Kitchen | Bsmt | 11.84' x 23.65' | Combined W/Dining |
| Dining | Bsmt | 11.84' x 23.65' | Combined W/Kitchen |
| Exercise | Bsmt | 9.09' x 16.99' | |
| Utility | Bsmt | 7.25' x 14.99' | |
| Utility | Bsmt | 7.25' x 13.58' |
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King Market Statistics
King Price Trend
40 William St is a 5-bedroom 3-bathroom home listed for sale at $1, which is $3,281,249 (100.0%) lower than the average sold price of $3,281,250 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 5 bedroom home in King declined by $401,250 (10.9%) compared to the previous 30 day period (September 21 - October 20) and up $881,250 (36.7%) from the same time one year ago.Inventory Change
There were 5 5-bedroom homes listed in King over the last 30 days (October 21 - November 19), which is down 72.2% compared with the previous 30 day period (September 21 - October 20) and down 61.5% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in King typically sold ($585,750) (17.9%) below asking price over the last 30 days (October 21 - November 19), which represents a $319,250 decrease compared to the previous 30 day period (September 21 - October 20) and ($598,000) 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 (October 21 - November 19) stood at 80.0%, up from 11.1% over the previous 30 days (September 21 - October 20) and up from 7.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 3-bathroom home in King stood at 22 days when successfully sold over the last 30 days (October 21 - November 19), compared to 51 days before being removed from the market upon being suspended or terminated.Listing contracted with Right At Home Realty
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