$1,199,000Asking Price
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.
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.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 2-Piece Bathroom on Main Floor | ||||
| 1 3-Piece Bathroom | ||||
| 1 3-Piece Bathroom in Flat | ||||
| 1 3-Piece Bathroom | ||||
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Schomberg, King is a north GTA neighbourhood notable for its singles, renters, education, law & public sector professionals, salespeople and tradespeople. Residents tend to be older with a significant number of adults aged 50 to 64 and seniors aged 65 to 74.
Kids Per Family
1.1
kids per family
in the neighbourhood.
40%
of residents are
single and loving it.
40% singles
King (36%)
19%
of residents
are renters.
19% renters
King (13%)
27%
of residents are
university grads.
27% university grads
King (38%)Average Household Income
$135K
is the average household
income in the neighbourhood.
Professions
| Sales | 16% |
| Business | 12% |
| Management | 10% |
| Trades | 10% |
| Government | 9% |
19%
of residents were
born outside of Canada.
19% immigrants
King (26%)2.8% from Italy
All-time
0.2% from UK
Recent
Foreign Languages
| Italian | 9% |
| Spanish | 2% |
| French | 1% |
| Polish | 1% |
| Korean | 1% |
Religions
| Christian | 64% |
| Muslim | 1% |
| Hindu | 1% |