$450,000
For sale: Vacant Land

Rare Opportunity to purchase 5 acres of Ru2 (Rural Intensive) land in some of Ontario's most coveted farmland. Conveniently located in popular king township with Ultra-Rich soil. permitted uses include: Storage facility, greenhouse, home industry, farm related industry. Minutes to Hwy 400 for quick accessibility. Excellent opportunity to own a nice piece of Land to build your dream home. Vacant land, permitted to walk the property with showing booked. See attachment for regarding Ru2 - Rural intensive information.
Sold data
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 146 days.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.
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.
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