$2,980,000
For sale: Detached

This superb lot in coveted Kingscross Estates has all the most sought-after characteristics--located on a quiet street away from the main through road, in an elevated location, flat and open yet partially treed, it features a classic midcentury sidesplit positioned to maximize enjoyment of the privacy and property views. From the moment of stepping inside this home, your eye travels through a grand family room with soaring cedar ceilings to secluded, parklike property views. Full height wood fireplace and skylights make this classic midcentury room spectacular. A bonus is the vast swimming pool room, with 17-foot beamed tongue-and-groove cedar ceilings, skylights and a huge 28 by 22-foot gunite pool. This pool has been professionally closed and would require updates but the room provides a great deal of added, light-filled living space with endless potential. This lot could not be more perfect for building your dream home, but the midcentury sidesplit also has many amazing features including minimal stairs for mobility and therefore has great potential for a renovation that embraces its classic modern vibe. The TRCA website indicates no TRCA restrictions for protected features (verification is always advised), eliminating a major step in the permit process for building applications. Kingscross Estates is the defining residential enclave of King Township, and home to some of Canada's finest homes and properties, set among woodlands and natural features and minutes to Highway 400, Pearson Int'l Airport, top private schools and acclaimed dining. This historic neighbourhood features unique lots typically in the 2-acre range. With the push for higher density, this type of property represents a disappearing opportunity for a lifestyle that embraces the extraordinary!
Sold data
Detached homes in King (King City) took a median of 28 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 63, across 54 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 70 days.
The median sale price was $1,994,394.
Homes sold for about 5.6% below asking on average, so there was room to negotiate.
About 9% of sales closed above the list price.
Around 15% of sellers reduced their price before finding a buyer.
Based on 54 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
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