$1,468,000 - 13066 Keele Street, King
Detached for Sale in King
105 days on market- MLS Number
- N12687716
- Property Type
- Detached
- Status
- active
- Days on Site
- 105
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- King
- Listing Brokerage
- REMAX YOUR COMMUNITY REALTY
Extraordinary opportunity located right in the heart of King City, a truly exceptional 53 x 200 ft developable lot that is bursting with potential and ready to shape the future of the King City Core! Currently operating as a professional office, this charming property boasts a well-designed layout, including 5-6 offices, a reception area, a spacious boardroom, a kitchen, 2 bathrooms, and a convenient kitchenette. The expansive lot features ample parking for 8-10 vehicles, with room for expansion to accommodate even more. This property is ideal for a variety of professional uses such as medical practices, law firms, accounting offices, engineering firms, or real estate agencies. It also holds the potential to be converted into a residential property to suit your vision. Strategically located just steps from the Keele and King Road intersection, this property offers excellent visibility, signage opportunities, and proximity to public transit, ensuring convenience for clients and employees alike. The full basement provides additional storage, while three separate entrances offer flexibility for multi-use configurations. With no heritage designation, the property allows for future development or expansion without restrictions, making it a truly valuable investment. Whether you're looking to renovate for your business needs, convert into a residence, or develop for future growth, the possibilities are endless.**EXTRAS** Existing furniture is available for tenant use. Don't miss your chance to own a prime piece of King City's thriving core
Estimate your monthly payments for this property
Estimated Payment
$6,493.46/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover King
King is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in King
- •Convenient location in King
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
King offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
13066 Keele Street, King
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $979/sqft, this property is priced in line with current King market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 105 days on site, this property has exceeded the typical selling timeline for King. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in King are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Investment Perspective
Looking at this as an investment: King properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $6,117 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.