16252 11th Concession Rd

King | Rural King | L0G 1T0
  • 7 + 4
  • 12
  • 0

$5,499,900

Est. Mtg $18,649 /mo
  • Days on market

    55

  • Status

    New

Listing Broker SAM MCDADI REAL ESTATE INC.
Since listed: 1 views

Home details

MLS #:

N9374513

Property type:
Detached
Style:
2-Storey
Taxes:
$19,000
Possession:
60/90/TBA
Lot Front:
379.0   Feet
Lot Depth:
1454.57   Feet
Basement:
Apartment | Fin W/O
Driveway Pkg:
30
Heat:
Propane | Forced Air

Description


16252 11th Concession Rd, , King, Ontario is a Detached property in King and in the Rural King community in the L0G 1T0 postal code


Nestled in the picturesque landscape of Schomberg, Ontario, this grand symmetrical estate sits on a sprawling 13.769-acre lot setback from the main road, offering ultra privacy and tranquility. With an approx. 11,000 sq ft total living space, you are met with soaring ceilings, glistening LED pot lights and gleaming engineered hardwood flooring throughout. Designed for multi-generational living, this residence features two of each principal rooms on the main floor, and 4 kitchens (2 on the main floor and 2 in the basement), thoughtfully positioned on opposite sides of the house for privacy. This one-of-a-kind property exudes sophistication with its expansive and lush surroundings, offering a resort-like atmosphere. The backyard oasis features an inground saltwater pool, a serene fish pond with a waterfall, adding to the property's beautiful allure. You are met with endless possibilities with a 3000 sqft workshop, a separate 2000 sqft space that has the potential to be used as a wedding venue, as well as a third bungalow all ready to be used to generate additional income. Currently generating between $10,000-$12,000 in monthly revenue, this property serves as an exceptional investment opportunity. For convenience, the property offers a total of 7 garages and a vast amount of outdoor parking space..

Extras

Enjoy access and a short commute to renowned schools, local parks, charming boutiques, restaurants/cafes, golf courses: Redcrest Golf and Nobleton Lakes Golf Club, equestrian facilities, and major highways: Highway 9, 400 and Highway 27..


History

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List Date End Date List Price End Price Status MLS #
2024-09 2024-10 $5,499,900 $5,499,900 New N9374513

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity Detached

Sale activity

King :

Properties sold

27

Average sale price

$2,487,958

New Listings

75

Year on Year Growth

4.78%

Municipality activity All Property Types

Sale activity

King :

Average sale price

$2,312,339

Properties sold

32

New Listings

84

Days on Market

22

Sale $ / List $

98%

Year on Year Growth

4.49%


Sale Chart - Detached

King Average Price (2 Years):

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Sale Chart - Detached

TRREB Total Average Price (2 Years):

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Estimated running costs for 16252 11th Concession Rd

Based on available 3rd party data

$20367

Approximate costs per month

Mortgage
$18649 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$1583 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Golf
  • Grnbelt/Conserv
  • Library
  • Park
  • Ravine
  • School
Listing Broker SAM MCDADI REAL ESTATE INC.
Data Source: TRREB

Payment calculator

$20232 monthly. In association with: TD Bank
%
  • Principal and Interest
    18649 /mo
  • Property Taxes
    $1583 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Ali Norouzi, Realtor

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