Unknown for 7 Scott Cres, King Ontario L7B 1E4
72 days on Market

7 Scott Cres, King, Ontario L7B 1E4

Detached
3 + 2
3
~5000 + sqft
$2,999,999
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Detached
3 + 2
3
~5000 + sqft

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Highlights

Estimated ValueNot available

Price/Sqft$300/sqft

Est. Mortgage$12,884/mo

Tax Amount (2024)$12,322/yr

Days On Market72 days


Description

Presenting an exceptional opportunity in the prestigious enclave of King City, this prime 2-acre lot offers endless possibilities for renovation, redevelopment, investment, or a luxury custom-built estate. Surrounded by newly constructed multi-million dollar homes, this property is ideal for builders, developers, and investors looking to create a signature residence in one of the GTAs most sought-after communities. The existing 5,000+ sq ft home features 3+2 bedrooms, 3 bathrooms, and spacious living areas, making it livable or rentable while planning a new development. Permits and architectural drawings are on hand, streamlining the process for those looking to build a brand-new luxury estate. A private, tree-lined setting provides an exclusive retreat while still being minutes from GO Transit, top private schools, fine dining, and major highways. King City continues to attract high-end buyers seeking prestige, privacy, and space, making this a rare chance to secure a premium lot in a high-demand luxury market. Endless possibilities for renovations, redevelopment, investment, or a luxury custom-built estate. Permits and architectural drawings are on-hand.


Property Details

StyleBungalow
View-
Age of property51-99
SqFt~5000 + SqFt
Lot Size44,323 SqFt(426.23 x 103.99)
Parking Spaces10
MLS ®NumberN11991421
Community NameNeighborhood of King
Data SourceTRREB
Listing byRE/MAX NOBLECORP REAL ESTATE

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Part Fin

Features

Lot size: 44,323 SqFt

Parking

Garage spaces 3

Garage type Attached

Other parking spaces 7

Total parking spaces 10


Property History

Feb 27, 2025
ListedActive
$2,999,999
72 days on market
history photo preview13
Listing by trreb®
Property listed by RE/MAX NOBLECORP REAL ESTATE, Brokerage

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Market Data - Neighborhood of King

Geo Zone Map ThumbnailNeighborhood of King

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

19 days

Compared to

2024

36 days

2023

28 days

2022

13 days

New Listings

Past 30 days

72 listings

Compared to

2024

73 listings

2023

71 listings

2022

74 listings

Units sold

Past 30 days

9 units

Compared to

2024

17 units

2023

31 units

2022

19 units

Median Sold Price

Past 30 days

$2,150,000

Compared to

2024

$1,902,000

2023

$2,000,000

2022

$2,325,000


Population and Demographics

Overview

Total population 33063
Average household income $204,022

Age (%)

0 to 19
25%
50 to 64
24%
35 to 49
20%
20 to 34
16%
65 and plus
15%

Household composition (%)

Single family
81%
Single person
16%
Multi person
2%
Multi family
1%

Mother tongue (%)

English
72%
Italian
9%
Others
6%
Russian
3%
Mandarin
3%
Iranian Persian
2%
Spanish
1%

House tenancy (%)

Owners
88%
Renters
12%

Schools and amenities

Estimated Budget