All photos · 20
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%.
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Listing brokerage
Royal LePage Security Real Estate
Each office independently owned and operated.