284 Main Street, King, ON
Property Highlights
Welcome to this remarkable commercial retail 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 $798,000 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 30 x 138 ft lot size
- Convenient outside/surface garage included
- equipped with partial central cooling and highly efficient gas forced air open heating
Description
Welcome to 284 Main Street, Schomberg - Offered at only $798,000. Incredible Value with excellent ROI Rental income potential! Opportunity is Knocking - Will You Answer? Attention investors, entrepreneurs, and savvy end users! This exceptionally rare, mixed-use zoned property offers the ultimate flexibility - allowing both residential and commercial use in one of the most desirable pockets of King Township. Perfectly positioned in the heart of charming downtown Schomberg, right along its vibrant Main Street, this property presents endless possibilities: live where you work, generate rental income, operate your business, or invest in a rapidly growing community. Surrounded by popular restaurants, boutique shops, schools, dental offices, grocery stores, and everyday conveniences - and offering quick access to Highways 400, 27, and 9 - the location truly speaks for itself. Inside, you'll find: 5 spacious bedrooms 4 bathrooms Multiple private entrances A rear upper balcony A fully fenced backyard with a beautiful interlock patio 2 laundry rooms Spacious front covered porch Currently separated into 4 apartments - 2 main level studio apartments, upper level 2 bedroom, main level rear 1 bedroom with den 64k annul rental income 2025 (Upper unit 2 bedroom currently vacant)Currently operating as a profitable income-generating rental property, this is a turnkey opportunity with immediate upside and long-term growth potential. Own a piece of downtown Schomberg and secure your place in one of King Township's most sought-after communities.
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Property Summary
This commercial retail located at 284 Main Street, King is currently for sale and has been available on SousaSells for 128 days. This property is listed at $798,000 with an estimated mortgage of $2,656* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 284 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 Commercial Retail 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
- Major Highway
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 commercial retail at 284 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: $2,656*/month*. Estimated Ontario Land Transfer Tax: $12,435. 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 284 Main Street, King, ON
Q.What is the asking price for 284 Main Street, King, ON ?
The current listing price for 284 Main Street, King, ON in Schomberg, King is $798,000.
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 284 Main Street, King, ON ?
284 Main Street, King, ON is a Commercial Retail () featuring a basement.
Q.What neighborhood and community amenities are nearby?
Community features and nearby amenities include: Major Highway.
Q.What security features are installed at 284 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 Partial.
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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 284 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 $798,000 in King, the legal minimum down payment is $54,800 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 $12,435 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 $12,435.
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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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