3553 King St
Windsor, N9C 1P4
FOR SALE
$449,900
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Property Description
Located in a prime area of Windsor, 3553 King Street presents a unique investment opportunity with two joined 30' x 115' lots, totaling a lot size of 60' x 115'. One lot is vacant, offering endless potential for development, while the other features a detached bungalow with a rental potential of $2200/month or future redevelopment possibilities. The second image is a rendering showing the potential for development only. This property is positioned across from a row of 4 townhouses built on a similar lot size, highlighting the lot's potential growth and appeal. The vacant lot provides ample space for new construction, whether for residential or multi-family use, capitalizing on the demand for housing in the area. The existing bungalow can be rented out for immediate income, making it a versatile asset. With its proximity to schools, parks, and local amenities, 3553 King Street is an ideal investment for developers, builders, or investors seeking long-term growth. Don't miss this chance to capitalize on Windsor's growing real estate market.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-02-18 | 2024-03-21 | 32 | $449,900 | - | Suspended |
Extras
Stove, fridge, dishwasher, washer and dryer, all ELFs, window curtains
Property Features
Fenced Yard, Library, Park, Place Of Worship, Public Transit, School
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Property Details
Street
City
Property Type
Detached, Bungalow
Lot Size
60' x 115'
Fronting
West
Taxes
$1,057 (2024)
Basement
Crawl Space
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Ground | 11.02' x 20.01' | Hardwood Floor, Large Window, Closet |
Br | Ground | 8.53' x 11.48' | Vinyl Floor, Window |
Kitchen | Ground | 11.98' x 13.98' | Combined W/Dining, Ceramic Floor |
Br | Ground | 8.20' x 10.01' | Vinyl Floor, Window |
Br | Ground | 3.28' x 9.19' | Vinyl Floor, Window |
Laundry | Ground | 6.00' x 8.01' | Vinyl Floor, Window |
Dining | Ground | 6.99' x 11.98' | Combined W/Kitchen, Ceramic Floor, Large Window |
Other | Ground | 6.00' x 7.51' | Vinyl Floor, Walk-Out |
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Windsor Market Statistics
Windsor Price Trend
3553 King St is a 3-bedroom 1-bathroom home listed for sale at $449,900, which is $300,100 (40.0%) lower than the average sold price of $750,000 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom home in Windsor increased by $475,100 (172.8%) compared to the previous 30 day period (November 19 - December 18) and up $365,000 (94.8%) from the same time one year ago.Inventory Change
There were 5 3-bedroom homes listed in Windsor over the last 30 days (December 19 - January 17), which is down 50.0% compared with the previous 30 day period (November 19 - December 18) and up 66.7% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Windsor typically sold $51,000 (6.8%) above asking price over the last 30 days (December 19 - January 17), which represents a $52,000 increase compared to the previous 30 day period (November 19 - December 18) and ($34,900) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Windsor over the last 30 days (December 19 - January 17) stood at 20.0%, down from 40.0% over the previous 30 days (November 19 - December 18) and down from 33.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Windsor stood at 76 days when successfully sold over the last 30 days (December 19 - January 17), compared to 75 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Gold Realty Inc.
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