83 Elizabeth Grve

King City, King, L7B 1H6
FOR SALE
$3,688,800
83 Elizabeth Grve, King
83 Elizabeth Grve
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4
BEDROOMS
6
BATHROOMS
1
KITCHENS
10
ROOMS
N9400088
MLSID
Contact Us
Property Description
Stunning Custom-Built Transitional Bungaloft: A Dream Home Awaits!Nestled in the desirable King City neighborhood, this exquisite 2024 custom-built bungaloft boasts four spacious bedrooms with personalized walk-in closets and an impressive six washrooms . As you step inside, you're greeted by the grandeur of 11-foot ceilings and expansive black-framed windows that provide breathtaking views of the lush greenery outside. The elegant design features sleek, remote-controlled window coverings in the kitchen area, enhancing both style and convenience. Prepare gourmet meals in the state-of-the-art kitchen equipped with high-end Jennair and Bosch appliances. The open loft area, complete with cozy sitting spaces and 9-foot ceilings, offers a perfect setting for relaxation or entertaining. Enjoy luxurious touches like 6.5-inch Naked Oak Engineered Hardwood Flooring throughout and solid wood open riser stairs leading to the second floor.Safety and efficiency are top priorities, with motion sensor lights, and advanced HVAC features including a Lennox air conditioner, gas furnace, and Nest Smart Thermostat.The home is also equipped with a robust security system, ensuring peace of mind for you and your family.The expansive basement presents limitless possibilities with 2,600 square feet of unfinished space, featuring 9-foot ceilings and a rough-in for a full washroom perfect for a future theater, game room, or safe room.Step outside to the stunning backyard, highlighted by a 16 x 35 covered loggia, complete with an outdoor kitchen featuring a Napoleon built-in BBQ, speakers, and a luxurious mounted Smart TV ideal for entertaining friends and family. The environmentally-friendly mansard-style roof is designed with high-quality shingles and a reflective white,membrane, reducing energy consumption while offering a contemporary aesthetic.Located in a serene and family-friendly community,your new home at 83 Elizabeth Grove is waiting for you.Experience luxury living at its finest!
Extras
Insulated 2-car garage with tandem storage, equipped for electric vehicle charging, and an advanced irrigation system that can be easily managed via your smartphone for a water, new LG washer and Dryer, an Orbit Central Vac system
Nearby Intersections
Property Details
Community
City
Property Type
Detached, Bungaloft
Lot Size
132' x 80'
Fronting
South
Taxes
$6,516 (2024)
Basement
Unfinished
Exterior
Brick Front, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain13.22' x 19.59'B/I Appliances, B/I Shelves, Backsplash
DiningMain11.06' x 15.81'Pantry, Glass Doors, W/O To Patio
FamilyMain12.70' x 13.22'Fireplace, B/I Shelves, Coffered Ceiling
Prim BdrmMain9.88' x 9.51'Hardwood Floor, Coffered Ceiling
2nd BrMain13.22' x 6.79'Laundry Sink
3rd Br2nd10.89' x 13.45'3 Pc Ensuite, Hardwood Floor, W/I Closet
4th Br2nd19.23' x 17.85'
Loft2nd17.13' x 18.67'3 Pc Ensuite, Hardwood Floor, W/I Closet
OfficeMain19.23' x 17.85'3 Pc Ensuite, Hardwood Floor, W/I Closet
LaundryMain13.94' x 21.26'
King Market Statistics
King Price Trend
83 Elizabeth Grve is a 4-bedroom 6-bathroom home listed for sale at $3,688,800, which is $1,333,271 (56.6%) higher than the average sold price of $2,355,529 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 4 bedroom home in King declined by $222,921 (8.6%) compared to the previous 30 day period (September 21 - October 20) and up $167,307 (7.6%) from the same time one year ago.
Inventory Change
There were 29 4-bedroom homes listed in King over the last 30 days (October 21 - November 19), which is down 32.6% compared with the previous 30 day period (September 21 - October 20) and up 52.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in King typically sold ($176,927) (7.5%) below asking price over the last 30 days (October 21 - November 19), which represents a $86,253 increase compared to the previous 30 day period (September 21 - October 20) and ($169,755) 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 (October 21 - November 19) stood at 58.6%, up from 23.3% over the previous 30 days (September 21 - October 20) and up from 47.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 6-bathroom home in King stood at 23 days when successfully sold over the last 30 days (October 21 - November 19), compared to 47 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Hallmark York Group Realty Ltd.
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