51 King St

FOR SALE
$599,900
51 King St, Adjala-Tosorontio
51 King St
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
8
ROOMS
N11888657
MLSID
Contact Us
Property Description
Offering an incredible opportunity for the savvy investor or homebuyer looking to unlock this properties full potential! Featuring a huge 154ft x 256ft lot which has a dwelling situated on one side of the lot, it is time to unpack the possibilities. This ample space, has loads of potential to potentially sever the lot into two separate parcels, determine what you can do with this existing structure and/or add another dwelling on the property.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2018-11-14 2018-12-12 28 $419,000 $390,000 Sold
Extras
The Home Currently Does not Have a Septic System or is Hooked up to Well. Foundation for an Additional Home Directly Behind Current Home. Loads of Potential, Survey & Grading Site Plan Available. Due Diligence with Municipality Required.
Property Features
School Bus Route
Property Details
Street
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
154' x 256'
Acreage
.50-1.99
Fronting
South
Taxes
$2,442 (2023)
Basement
Part Bsmt
Exterior
Alum Siding
Heat Type
Other
Heat Source
Other
Air Conditioning
None
Water
Well
Parking Spaces
8
Driveway
Pvt Double
Garage Type
None
Room Summary
RoomLevelSizeFeatures
KitchenMain9.71' x 16.96'
DiningMain11.52' x 18.04'
LivingMain11.98' x 17.95'Picture Window
BrMain9.94' x 13.94'
SunroomMain10.56' x 19.55'Hardwood Floor, Window, Walk-Out
OfficeUpper11.98' x 7.19'
BrUpper10.04' x 9.25'Closet, Window
BrUpper8.99' x 13.98'Window, Closet
BathroomUpper6.82' x 9.81'
Adjala-Tosorontio Market Statistics
Adjala-Tosorontio Price Trend
51 King St is a 3-bedroom 2-bathroom home listed for sale at $599,900, which is $461,100 (43.5%) lower than the average sold price of $1,061,000 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom home in Adjala-Tosorontio increased by $5,223 (0.5%) compared to the previous 30 day period (November 19 - December 18) and up $257,751 (32.1%) from the same time one year ago.
Inventory Change
There were 11 3-bedroom homes listed in Adjala-Tosorontio over the last 30 days (December 19 - January 17), which is down 0.0% compared with the previous 30 day period (November 19 - December 18) and up 83.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Adjala-Tosorontio typically sold ($23,720) (2.2%) below asking price over the last 30 days (December 19 - January 17), which represents a $29,924 increase compared to the previous 30 day period (November 19 - December 18) and ($43,950) 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 3-bedroom homes in Adjala-Tosorontio over the last 30 days (December 19 - January 17) stood at 45.5%, down from 81.8% over the previous 30 days (November 19 - December 18) and down from 66.7% 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 Adjala-Tosorontio stood at 38 days when successfully sold over the last 30 days (December 19 - January 17), compared to 101 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Hallmark Chay Realty
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