50 Dr Kay Drive, King, ON

$949,999
MLS#:N13476962
0 beds
1 baths
Commercial
Commercial for sale - 0 Bed, 1 Bath Home at 50 Dr Kay Drive King ON listed at $949,999 (MLS# N13476962) - Main View
For Sale
Added:Jun 19, 2026(89 days ago)
Updated:Jun 29, 2026(79 days ago)
Last Checked:8 minutes ago

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 $949,999 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 1 Bathroom
  • Thoughtfully designed floor plan offering excellent spatial utility and privacy
  • equipped with yes central cooling and highly efficient gas forced air open heating

Description

Exceptional opportunity to own a fully improved commercial retail unit and operating business in a modern, high-traffic plaza at the prominent intersection of Highway 27 and Highway 9 in Schomberg. Unlike a typical shell unit, this professionally renovated space is fully equipped and operational, featuring a commercial kitchen, accessible washroom, retail area, hot table service area, and extensive leasehold improvements already in place.Currently operating as a successful grocery and prepared food business, the property offers tremendous flexibility for a variety of uses. Continue operating the existing business, expand the current concept, or repurpose the space for a restaurant, take-out establishment, specialty food market, café, deli, or other permitted commercial use. The existing commercial kitchen infrastructure significantly reduces the time and cost required to launch a new venture.Located within a busy retail plaza anchored by national and established tenants including Tim Hortons, McDonald's, LCBO, Petro-Canada, and Foodland, the property benefits from strong daily traffic, excellent visibility, ample parking, and prominent signage opportunities. Surrounded by established residential neighbourhoods and a growing population base, this location provides consistent customer traffic and long-term growth potential.Whether you are an owner-operator looking to acquire a turnkey business and real estate opportunity, or an investor seeking a well-positioned commercial asset in a thriving community, this property offers exceptional value and versatility in one of Schomberg's most desirable commercial corridors.

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Property Summary

This commercial retail located at 50 Dr Kay Drive, King is currently for sale and has been available on SousaSells for 89 days. This property is listed at $949,999 with an estimated mortgage of $3,162* per month. It has 0 beds, 1 bathroom, and is unknown square feet. 50 Dr Kay Drive, King is in the Schomberg neighborhood.

Work with the SOUSA TEAM to unlock your .

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Schomberg, King.

Great for Small Household / Couples
What We Love About This Home
  • •1 well-appointed bathroom
  • •Desirable Commercial Retail architecture in Schomberg, King
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Bathrooms
1
Property Type
Commercial

Additional Details

StatusActive
Price$949,999
AddedJun 19, 2026 (89 days ago)
UpdatedJun 29, 2026 (79 days ago)
Last Checked8 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeCommercial Retail
CountyYork
Annual Tax$7,906
Legal DescriptionUNIT 9, LEVEL 1, YORK REGION STANDARD CONDOMINIUM PLAN NO. 1399 AND ITS APPURTENANT INTEREST SUBJECT TO EASEMENTS AS SET OUT IN SCHEDULE A AS IN YR2923871 TOWNSHIP OF KING

Parking & Garage

Garage TypeNone

Heating & Cooling

Heat TypeGas Forced Air Open
CoolingYes

Features

Property Features

None listed

Interior Features

None listed

Security Features

  • Yes

Community Features

  • Major Highway
  • Recreation/Community Centre

Property History

No historical data available for this property.

This could be the first listing for this address.

King Home Buyer Advisory & Market HubActive MLS® Listing in King, Ontario

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 50 Dr Kay Drive, 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.

King Homes for Sale & MLS® Listings

Browse all verified King real estate listings, compare active King houses for sale, and view brand new MLS® inventory before it hits the open market.

Dedicated King Buyer Agent

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: $3,162*/month*. Estimated Ontario Land Transfer Tax: $15,475. 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 50 Dr Kay Drive, King, ON

Q.What is the asking price for 50 Dr Kay Drive, King, ON ?

The current listing price for 50 Dr Kay Drive, King, ON in Schomberg, King is $949,999.

Q.How many bedrooms and bathrooms does this property have?

This property features null bedrooms and 1 bathroom.

Q.What property type and architectural style is 50 Dr Kay Drive, King, ON ?

50 Dr Kay Drive, 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, Recreation/Community Centre.

Q.What security features are installed at 50 Dr Kay Drive, King, ON ?

Security features include: Yes.

Q.What heating and cooling systems are installed?

Heating is provided via standard central heat and cooling via Yes.

Location

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50 Dr Kay Drive, King, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Schomberg, King

SAFETY RATING9.8 / 10
Low Incident Area
Total Annual Incidents19 incidents / yr
Average Per Month1.6 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

2 assaults (45.0/100k)

Property Security
Low

5 B&E (40.0/100k)

Auto Theft Risk
Low Risk

8 thefts (45.0/100k)

1-Year Trend
â–¼ 8.3%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

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.

Source: Official Police Services ArcGIS Open Data
Halton & GTA Police Network

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.

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Pricing & Value Insights

Data-driven valuation for 50 Dr Kay Drive A9, King, ON L0G 1T0

Estimated Sales Range
$902,000 - $931,000

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in King.

Configure Loan Settings

Interest Rate4.00%
Down Payment$285,000 (30.0%)
* Minimum Canadian down payment required for this price is $70,000.
Amortization Period30 Years
Estimated Monthly Payment$3,162Based on a loan of $664,999 over 30 years.
Purchase Price$949,999
Loan Amount$664,999
Provincial Land Transfer Tax:$15,475
Total Estimated Closing Taxes:$15,475

About Purchasing a Home in King, ON

For a property listed at $949,999 in King, the legal minimum down payment is $70,000 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 $15,475 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 $15,475.

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Schomberg, King Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Schomberg, King.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,399,488

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Schomberg, King

Elementary Schools

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Secondary Schools

No secondary schools data loaded.

Schomberg, King Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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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