48 Cairns Gate

King City, King, L7B 0P5
FOR SALE
$2,850,000
48 Cairns Gate, King
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4
BEDROOMS
4
BATHROOMS
1
KITCHENS
9
ROOMS
N11953930
MLSID
Contact Us
Property Description
Welcome To 48 Cairns Gate, A Truly Remarkable Home Located In The Prestigious King City, Ontario. This Stunning Property Offers 4 Spacious Bedrooms, A Loft, And 4 Luxurious Bathrooms, Providing Ample Space For Both Relaxation And Entertaining. with 4,435 Square Feet Of Beautifully Upgraded Living Space, This Home Exudes Elegance And Sophistication At Every Turn. the Open-concept Design Features Soaring 10-foot Ceilings That Create A Bright And airy Atmosphere, Complemented By High-end Finishes And Attention To Detail Throughout. The Gourmet Kitchen, Expansive Living Areas, And Thoughtfully Designed bedrooms Are Perfect For Modern Living, Offering Both Style And Comfort. The Walk-out Basement Is An Entertainer's Dream, Leading Directly To A Tranquil Forested Backyard That Offers The Perfect Escape Into Nature. Whether You're Hosting guests Or Enjoying A Quiet Moment In The Serenity Of Your Private Outdoor Retreat, This home Has It All. located In One Of King City's Most Coveted Neighborhoods, 48 Cairns Gate Combines luxury, Space, And The Beauty Of Nature, Offering An Unparalleled Living Experience. don't Miss The Opportunity To Make This Exquisite Property Your Own.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-07-22 2024-10-01 71 $2,850,000 - Terminated
2024-06-11 2024-07-03 22 $3,465,000 - Terminated
2024-03-15 2024-06-12 89 $3,188,000 - Terminated
2023-02-17 2023-05-23 95 $3,198,000 - Terminated
Property Details
Community
City
Property Type
Detached, 2-Storey
Lot Size
50' x 148'
Fronting
South
Taxes
$15,495 (2024)
Basement
Unfinished, W/O
Exterior
Stone, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
KitchenMain14.99' x 17.59'Stainless Steel Appl, Hardwood Floor, Stone Counter
BreakfastMain10.99' x 17.59'Combined W/Kitchen, Hardwood Floor, W/O To Deck
DiningMain16.01' x 12.99'Combined W/Living, Hardwood Floor, Crown Moulding
LivingMain12.60' x 10.99'Combined W/Dining, Hardwood Floor, Crown Moulding
Prim BdrmUpper14.99' x 20.01'4 Pc Ensuite, Hardwood Floor, W/I Closet
2nd BrUpper14.99' x 12.50'3 Pc Ensuite, Hardwood Floor, W/I Closet
3rd BrUpper12.99' x 12.60'3 Pc Ensuite, Hardwood Floor, W/I Closet
LoftUpper15.81' x 19.19'Crown Moulding, Hardwood Floor
King Market Statistics
King Price Trend
48 Cairns Gate is a 4-bedroom 4-bathroom home listed for sale at $2,850,000, which is $145,000 (4.8%) lower than the average sold price of $2,995,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in King increased by $351,500 (13.3%) compared to the previous 30 day period (December 22 - January 20) and up $1,164,375 (63.6%) from the same time one year ago.
Inventory Change
There were 23 4-bedroom homes listed in King over the last 30 days (January 21 - February 19), which is up 187.5% compared with the previous 30 day period (December 22 - January 20) and up 15.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in King typically sold ($53,950) (1.8%) below asking price over the last 30 days (January 21 - February 19), which represents a $144,630 increase compared to the previous 30 day period (December 22 - January 20) and ($79,237) 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 4-bedroom homes in King over the last 30 days (January 21 - February 19) stood at 8.7%, down from 62.5% over the previous 30 days (December 22 - January 20) and down from 40.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in King stood at 27 days when successfully sold over the last 30 days (January 21 - February 19), compared to 100 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max West Realty Inc.
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