Was listed for:Expired Jun 20, 2026
$1,199,000

272 Main Street

King (Schomberg), ON L0G 1T0

Store W Apt/Office ExpiredNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 272 Main Street, King, Schomberg

2026-02-19
-
Active
Price
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MLS#
N12802028
2026-03-31
2026-06-20
Expired
Price
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MLS#
n12938410

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 272 Main Street, King, Schomberg

Summarized Description

  • Exceptional mixed-use property in Schomberg.
  • Fully leased with over 5% CAP rate.
  • Includes three residential apartments.
  • Versatile commercial space for various uses.
  • Located in a charming, walkable community.
  • Strong investment fundamentals for buyers.
  • Ideal for investors or end-users.

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$5,824
Land Transfer Tax Fee
$20,455

Basement Type
Partially Finished

Interior Features

Laundry Level
Lower Level
Interior Extras
Other
Security Features
None
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Store W Apt/Office
Building Style
2-Storey

Construction

Exterior Finish
Aluminum Siding, Brick
Roof
Metal
Foundation Details
Block, Stone
Special Designation
Unknown

Lot

Lot Front
26.50 ft
Lot Depth
86.06 ft

Exclusions

Exclusions
Items belonging to Tenants

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
0
Total Garage And Parking Spaces
0

Heating & Cooling

Heat Source
Gas
Heat Type
Radiant
Air Conditioning
Other
Water
Municipal

Bedrooms
4
Washrooms
4
Kitchens
3

Washrooms

  • 2-piece, Main
  • 3-piece, Second
  • 3-piece, Flat
  • 3-piece, Second

Municipality
King
Neighbourhood
Schomberg
Main cross streets
Main Street / Hwy 9
Directions
Main Street / Hwy 9

MLS® number
N12938410
Data source
Toronto Regional Real Estate Board
Status change
2026-06-20
Listed on
2026-03-31
Days on market
81 days
Possession type
Flexible
Co-op commission
2% + HST
Seller
Listed by
Royal LePage Security Real Estate

Home Market Value

Current home valuation for 272 Main Street, King, Schomberg, King, ON. Listed for $1,199,000

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Estimated Sales Range

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HOMEH Estimate for 272 Main Street, King, Schomberg

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

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King, ON
Minimum Down Payment Required:7.9%

5% on first $500K + 10% on $699,000 over $500K

Minimum down payment

$94,900

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$1,147,203$1,112,552$1,047,686$959,200
Amortization
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$5,601monthly$5,432monthly$5,115monthly$4,683monthly
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Land Transfer Tax

Provincial

$20,455

Total Land Transfer Tax

$20,455

Around this home

3/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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7.3 /10

St Patrick

Private·elementary·250m

8.4 /10

Schomberg

Public·elementary·760m

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