All photos · 20

Schomberg

272 Main Street, King, ON L0G 1T0

$1,199,000

Beds

4

Baths

4

Type

Freehold

About this home

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 sqft, 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 4,800sq 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.

Interior

  • · Other

Heating

  • · Radiant

Cooling

  • · Other

Parking

  • · None

Basement

  • · Partially Finished

What it could cost monthly

Estimated monthly

$5,491

Principal & interest, per month


Mortgage amount
$959,200
Down payment
$239,800
Total interest paid
$687,997

Indicative only. Final terms depend on your lender, credit profile, and CMHC insurance if your down payment is under 20%.

A note from your agent

Alfred Martinelli

Broker

416-839-3599

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Listing brokerage

Royal LePage Security Real Estate

Each office independently owned and operated.