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$1,199,000Asking Price

272 Main Street, King, ON L0G 1T0

Schomberg, King

Store with Apartment
4
Bedrooms
4
Baths
0
Parking
Days on Market

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.

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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 Info

  • 2-Storey Store with Apartment
  • No Parking
  • No Garage
  • Main Street / Hwy 9
  • 3000-3500 Approximate Sq Feet
  • No Ensuite Laundry
  • Radiant Gas Heating
  • A/C

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $5,823 in 2025
  • Possession: Flexible

Details

  • Aluminum Siding/Brick Exterior
  • No Fireplace
  • 3 Kitchens
  •  
  • MLS #N12938410
  • Royal LePage Security Real Estate

Extras

Room Floor Dimensions Details
Washroom1 2-Piece Bathroom on Main Floor
Washroom1 3-Piece Bathroom
Washroom1 3-Piece Bathroom in Flat
Washroom1 3-Piece Bathroom

Who lives here?

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.

Families

Kids Per Family

1.1

kids per family
in the neighbourhood.

King  (1.3)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

40% of residents are
single and loving it.

40% singles

King (36%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

19% of residents
are renters.

19% renters

King (13%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

27% of residents are
university grads.

27% university grads

King (38%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$135K

is the average household
income in the neighbourhood.

King  ($205K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 16%
Business 12%
Management 10%
Trades 10%
Government 9%

Immigrants

19% of residents were
born outside of Canada.

19% immigrants

King (26%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

Italy was once home to 2.8% of immigrants.
Israel 2.4%
UK 2.0%
Caribbean 1.9%
South Africa 1.9%

2.8% from Italy
All-time

Birthplace - Recent

UK was once home to 0.2% of immigrants.
Australia 0.2%
Germany 0.1%
Poland 0.1%
Romania 0.1%

0.2% from UK
Recent

Foreign Languages

Foreign Languages

Italian 9%
Spanish 2%
French 1%
Polish 1%
Korean 1%

Religions

Religions

Christian 64%
Muslim 1%
Hindu 1%