In King's burgeoning real estate market, the year 2024 saw a remarkable number of transactions involving four-bedroom residences. A total of 130 such homes were sold, making up an impressive 48.5% of all residential sales within the region. Among these transactions, the highest sale price for a four-bedroom home reached an unprecedented $9,250,000. This property, situated in the prestigious King City neighbourhood, stood as a symbol of opulence and luxury, drawing considerable attention for its grandeur. Conversely, the most accessible four-bedroom home in the market was found in the Nobleton area, fetching a competitive price of $1,100,000. This sale highlighted the market's diverse range of options, catering to various budgets and preferences.
This dynamic reflects a broader trend towards affordability and the growing appeal of the King area to diverse buyers. In the rental market, the disparity in pricing further illustrates this trend. The most luxurious four-bedroom rental in King City commanded a monthly rent of $7,500, boasting an array of lavish amenities that justified its premium. On the more affordable end of the spectrum, a four-bedroom apartment was available for rent at $4,500 per month. Located in the serene and picturesque King City neighbourhood, this rental offered a balance of comfort and affordability, proving that the area's rental market is as varied as it is vibrant.
These trends underscore the unique position of King's real estate market, where luxury, comfort, and affordability coalesce, offering something for everyone. Whether in the market to buy or rent, prospective homeowners and tenants will find a wide selection of four-bedroom houses in King, each promising a distinct blend of the qualities they value most.
