$6,800,000
King
1065 20th Side Road, King (Schomberg), Ontario, L0G1T0
This retail property in King is for sale.
A long private driveway leads through rolling acreage to a rare, commercially zoned estate property offering a unique opportunity to operate a full-scale business onsite while enjoying luxury residential living. Situated on nearly 28 acres, this property is ideal for contractors, trades, logistics, or business owners requiring extensive storage, workspace, and privacy. The property is zoned for a contractor's yard, a designation that is increasingly difficult to secure. It features approximately 36,000 sq.ft. of outdoor storage, a 6,500 sq.ft. heated indoor garage/workshop with radiant floor heating, and substantial second-level office space, allowing for seamless business operations. Ample parking accommodates fleet vehicles, equipment, and staff while maintaining separation from the residence. The commercial garage/workshop is currently leased on a month-to-month basis for $12,000 per month. The existing tenant is willing to remain, providing immediate rental income for an investor, or vacate to accommodate an owner-user's operational needs. A 1,200 sq.ft. one-bedroom apartment above the workshop provides ideal accommodations for a site manager, employee housing, or additional income potential. The residential component includes a custom stone bungalow offering executive living for owners or principals. The home features open-concept living, vaulted ceilings, a bright great room with walk-out to a covered lanai, and renovated main-floor bathrooms. The main level includes three bedrooms, while the finished walk-out basement adds two additional bedrooms, a large recreation area, fireplace, bar, and entertaining space. Outdoor amenities include a saltwater pool, hot tub, waterfall, and poolside bar, ideal for executive use or client entertaining. A two-level 6-car garage provides further flexibility for storage, showroom, or gym conversion. The property is equipped with radiant floor heating, central A/C, surround sound, and multiple gas fireplaces. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 90 days on market, against an average age of 63 days across the listings currently for sale in this city
This retail in King (Schomberg) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $6,800,000, about 57.6× the local median household income of $118,000.
Carrying it typically needs a household income of about $1,328,278 (20% down, 25-yr amortization, stress-tested) — roughly 1026% above the area median.
Source: Statistics Canada, 2021 Census (FSA L0G)
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