Located in the municipality township of King with a population of under 7000, the booming city has become a prime real estate market within the GTA. Incorporated in 1890 by James Whiting, the King township consists of a merger of 4 different hamlets in the area. King City’s ecological region is defined by hills and clusters of forests along the Eastern Great Lakes. Aside from the lowland forests, many kettle lakes and ponds situated in the area with creeks and streams all around King City. Due to the area and location of King City, many planning developments issues have aroused, including sewerage connections and farmland disputes.
King City consists of a GO train service line to Barrie, Vaughan and Toronto. The York Region Transit routes passthrough the city with stops at multiple cities around the township. Highway 400 also runs through King City using their very own King Road.
King Township Museum
King City Community Centre Skatepark
Eaton Hall, Seneca College King Campus
Oak Ridge’s Trail – passes through King
King City Memorial Park
Although a smaller community, King City boasts many educational institutions. Seneca College’s King Campus is located directly in the town. Catholic and public school boards serve the families and students in the area alongside some private institutions similar to Toronto and the regions more populated counterparts.
Being a smaller city, construction has dominated the business sector of the city. Small, family-run businesses direct the flow of stores alongside financial and realty services sprinkled in the area. Keele Street and Dufferin Street run north into the city which houses many of the commercial office spaces along King Road. A mall is scheduled to be built, approved by the municipal government, to consist of two banks, a Coppa’s and 16 buildings.
As of July 2020:
Average sold price: $2.0M
17.9% Increase yearly (from 2019-2020)
Average days on market: 36 days
Selling to listing price ratio: 94%