A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 179 Martin St, King Ontario L7B 1J5
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Re-listed 21 hours ago

179 Martin St, King, Ontario L7B 1J5

Detached
3 + 1
3
~1500-2000 sqft
$•••,•••
$1,880,000
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Detached
3 + 1
3
~1500-2000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,097/sqft

Est. Mortgage$8,074/mo

Tax Amount (2024)$8,333/yr

Days On Market21 hours

Total Days On Market232 days


Description

This incredible 2.37-acre property in high-demand King City offers a rare opportunity for both nature enthusiasts and savvy investors. With dimensions of 163x632 feet, the land is surrounded by multi-million-dollar homes, and its northern and northeastern edges have already seen significant development, with neighboring houses extending close to the yard. For an experienced land developer, this premium lot holds immense potential, making it a truly valuable investment. The home itself is in excellent condition, maintained above average standards. Recent upgrades, including the installation of Enbridge gas in 2023, have enhanced energy efficiency. The main floor features 1,800 square feet of living space with three bedrooms and two bathrooms, while the 1,000-square-foot walkout basement offers versatile options for additional living space or rental income. Whether you envision developing the land, enjoying the home for personal use, or generating rental income, this property is a rare find in a prestigious location.


Property Details

StyleBungalow
View-
Age of property-
SqFt~1500-2000 SqFt
Lot Size103,237 SqFt(632.12 x 163.32)
Parking Spaces14
MLS ®NumberN12107645
Community NameNeighborhood of King
Data SourceTRREB
Listing byFIRST CLASS REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Full, W/O

Ground Floor

3rd Br

0.0 x 0.0

Living

0.0 x 0.0

Cathedral Ceiling / Fireplace

Dining

0.0 x 0.0

Formal Rm

Kitchen

0.0 x 0.0

Breakfast Area


Features

Lot size: 103,237 SqFt

Parking

Garage spaces 2

Garage type Attached

Other parking spaces 12

Total parking spaces 14


Property listed by FIRST CLASS REALTY INC., Brokerage

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Market Data - Neighborhood of King

Geo Zone Map ThumbnailNeighborhood of King

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

26 days

Compared to

2024

35 days

2023

31 days

2022

16 days

New Listings

Past 30 days

77 listings

Compared to

2024

68 listings

2023

65 listings

2022

74 listings

Units sold

Past 30 days

9 units

Compared to

2024

24 units

2023

16 units

2022

34 units

Median Sold Price

Past 30 days

$2,780,000

Compared to

2024

$2,240,000

2023

$2,400,000

2022

$2,669,000


Population and Demographics

Overview

Total population 33063
Average household income $204,022

Age (%)

0 to 19
25%
50 to 64
24%
35 to 49
20%
20 to 34
16%
65 and plus
15%

Household composition (%)

Single family
81%
Single person
16%
Multi person
2%
Multi family
1%

Mother tongue (%)

English
72%
Italian
9%
Others
6%
Russian
3%
Mandarin
3%
Iranian Persian
2%
Spanish
1%

House tenancy (%)

Owners
88%
Renters
12%

Schools and amenities

Estimated Budget