272 Main Street, King, ON
Property Highlights
Welcome to this remarkable store w apt/office located in the coveted neighborhood of Schomberg. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,199,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 26.5 x 86.06 ft lot size
- equipped with no central cooling and highly efficient water radiators heating
Description
Exceptional freestanding mixed-use opportunity in the heart of Schomberg, located in the highly desirable King area. Situated on Main Street and surrounded by charming shops, restaurants, and boutique storefronts, this property offers both strong investment fundamentals and end-user potential. The main level features approximately 1,000 sq ft of commercial space, plus an additional 1,000sq ft on the lower level, providing excellent versatility for retail, service, or professional use. The upper floors include three residential apartments totaling 2,362 sq ft, comprised of two one-bedroom units and one spacious two-bedroom unit. The basement also includes a dedicated laundry and utility room servicing the building. With approximately 4,800 sq ft of total space, this fully leased property currently generates over a 5% CAP rate, making it an attractive, income-producing asset in a thriving small-town setting. A rare opportunity to acquire a stable mixed-use building in one of King's most charming and walkable communities. Ideal for investors seeking solid returns or end users looking to operate a business while benefiting from residential rental income.
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Property Summary
This store w apt/office located at 272 Main Street, King is currently for sale and has been available on SousaSells for 209 days. This property is listed at $1,199,000 with an estimated mortgage of $3,991* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 272 Main Street, King is in the Schomberg neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Schomberg, King.
- •Desirable Store W Apt/Office architecture in Schomberg, King
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
- No
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in King?
If you are looking for a house in King or researching King real estate for sale, this store w apt/office at 272 Main Street, King, ON offers an exceptional opportunity to buy a home in King, Ontario. Whether you are a first-time King home buyer or comparing active King MLS® homes for sale, working with a dedicated King buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced King realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
King Buyer Budget & Costs
Estimated mortgage: $3,991*/month*. Estimated Ontario Land Transfer Tax: $20,455. First-time King home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in King
Frequently Asked Questions about 272 Main Street, King, ON
Q.What is the asking price for 272 Main Street, King, ON ?
The current listing price for 272 Main Street, King, ON in Schomberg, King is $1,199,000.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and null bathrooms.
Q.What property type and architectural style is 272 Main Street, King, ON ?
272 Main Street, King, ON is a Store W Apt/Office () featuring a basement.
Q.What security features are installed at 272 Main Street, King, ON ?
Security features include: No.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via No.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Schomberg, King
2 assaults (45.0/100k)
5 B&E (40.0/100k)
8 thefts (45.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 272 Main Street, King, ON L0G 1T0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in King, ON
For a property listed at $1,199,000 in King, the legal minimum down payment is $239,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $20,455 for this transaction. As this listing is in King (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $20,455.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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