$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 King took a median of 36 days to sell over the last 90 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 67, across 61 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 101 days.
The median sale price was $1,899,000.
Homes sold for about 5.0% below asking on average, so there was room to negotiate.
About 20% of sales closed above the list price.
Around 15% of sellers reduced their price before finding a buyer.
Based on 61 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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