40 OLD CHURCH ROAD, King

$1,599,000

For sale: Detached

Detached at 40 OLD CHURCH ROAD, King
Property type
Detached
Bedrooms / bathrooms
6 bedrooms, 5 bathrooms
Living area
5,000 sqft
MLS®
MLS® N13710924
Neighbourhood
Rural King

Click brochure link for more details. A Rare Investment Opportunity in the Heart of Laskay. Tucked away on a quiet cul-de-sac in the historic village of Laskay, this custom-built residence offers a unique opportunity for investors, builders, and growing families alike. Set on a private 0.59-acre wooded lot surrounded by mature trees, the property offers magnificent long-distance views over the surrounding countryside and of the sunset. Approximately 65% complete, with an ICF foundation, 2x6 exterior walls, and full permits in place, this home hands you a significant head start - the heavy lifting is done, and what remains is finishing it to your own vision. Built legally and to code throughout, with each stage of construction inspected and approved by the Township, and a full project file available for buyer review. A thoughtful large-scale renovation, the home preserves a piece of its past: the original living room, now a cozy sunroom warmed by its own wood-burning fireplace, along with the basement beneath it, seamlessly joined to the new foundation. Offering 3,500+ sq ft above grade plus a full unfinished basement ready for your own design, the layout offers exceptional flexibility, with 9-10 ft ceilings throughout the main and upper levels. With 6 bedrooms and 5 baths across thoughtfully separated wings - including a main-floor primary suite - the home suits multi-generational living beautifully, with real potential to create a self-contained space for aging parents or extended family. Attached garage, parking for up to 10 vehicles, and a permitted shed (2020, inspected and closed) round out the property's practical appeal. Shops, schools, and hospital access are all minutes away, with quick connections to Highway 400. Sold as-is - an honest, transparent starting point to invest directly in the home's real value and finishing potential, rather than paying a premium for someone else's design choices. Some images are renderings and do not depict current condition.

Sold data

Homes in Rural King — recent sold market

Homes in Rural King took a median of 50 days to sell over the last 365 days, with the quickest quarter selling within 22 days and the slowest quarter taking more than 100, across 46 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 146 days.

The median sale price was $2,049,500.

Homes sold for about 6.6% below asking on average, so there was room to negotiate.

About 13% of sales closed above the list price.

Around 22% of sellers reduced their price before finding a buyer.

Median days to sell
51
Median sale price
$2,049,500
Sale-to-list ratio
93.4%
Sold above asking
13%

Based on 46 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 40 OLD CHURCH ROAD