$1,880,000

For sale

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390 Main Street, King (Schomberg) - Single Family for Sale

390 Main Street, King (Schomberg), Ontario, L0G1T0

7 beds5 baths18 parking ft²

144 Church Street, King (Schomberg), Ontario, L0G1T0

2 bd1 ba4 pk900 ft²Lot size 60 × 134 ft (8,045 sq ft)

Listed by COLDWELL BANKER RONAN REALTY

106 Centre Street, King (Schomberg), Ontario, L0G1T0

For sale

12 days ago

$870K

106 Centre Street, King (Schomberg), Ontario, L0G1T0

3 bd2 ba4 pk900 ft²Lot size 166 × 230 ft (38,199 sq ft)

Listed by ROYAL TEAM REALTY INC.

33 Maynard Drive, King (Schomberg), Ontario, L0G1T0

For sale

14 days ago

$1.29M

33 Maynard Drive, King (Schomberg), Ontario, L0G1T0

4 bd2 ba6 pk1,300 ft²Lot size 85 × 212 ft (18,003 sq ft)

Listed by FAIR AGENT REALTY

8400 19th Sideroad, King (Schomberg), Ontario, L0G1T0

For sale

22 days ago

$3.49M

8400 19th Sideroad, King (Schomberg), Ontario, L0G1T0

4 bd4 ba25 pk2,250 ft²Lot size 400 × 1108 ft (10.18 acres)

Listed by SUTTON GROUP-ADMIRAL REALTY INC.

Investment analysis

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$1,880,000

King

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Description

MUST BE SEEN! Wonderfully decorated and updated throughout, just the right touch of modern and charming. Great opportunity for extended family or investment, live in one half and rent the other half. TWO...main floor Kitchens, living rooms, dining rooms, 2 Main floor laundry rooms, and seven bedrooms upstairs! Majestic over one-acre manicured lot with large Eating and Entertaining area/Patio and gardens, lot backs onto protected land No homes behind! Walk to quaint shops, restaurants/patios on Historic Main Street. The home is currently being used as a single-family dwelling; however, it can easily be used as two separate homes with two front and back entrances. Many Possibilities. (id:66096)

Property Details

MLS®: N13777242
Property Type: Single Family
Zoning: Residential R1B,R1B SPA
Bedrooms: 7
Beds (above / below): 7 above · 0 below
Bathrooms: 5
Half Baths: 2
Parking: 18
Interior Size: 4,250 ft²
Lot Size: 94 × 538 ft (1.15 acres)
Frontage: 94 ft
Storeys: 2
Basement: Unfinished, N/A
Heating: Radiant heat, Other
Cooling: Window air conditioner
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $7,453.87/yr
Listed: 53 days ago

Rooms

Main level

Kitchen: 3.73 x 5.09 meters
Kitchen: 5.75 x 3.88 meters
Dining room: 5.22 x 3.31 meters
Dining room: 3.8 x 3.82 meters
Living room: 4.36 x 3.75 meters
Laundry room: 2 x 3.38 meters

Second level

Primary Bedroom: 5.06 x 4.17 meters
Primary Bedroom: 4.06 x 5.21 meters
Bedroom 2: 3.71 x 3.64 meters
Bedroom 3: 4.9 x 2.84 meters
Bedroom 4: 3.25 x 3.8 meters
Bedroom 5: 3.3 x 3.9 meters
Bedroom: 5.04 x 3.38 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Central Vacuum, Barbeque, Dishwasher, Dryer, Two stoves, Two Washers, Garage door opener remote(s), Two Refrigerators
Flooring: Hardwood, Slate
Foundation: Stone, Concrete
Exterior: Brick, Stone
Lot Features: Ravine, Rolling, Backs on greenbelt, Carpet Free, In-Law Suite

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity

Features and services as supplied by the listing brokerage.

Area context

Neighbourhood profile (L0G)

This home lists at $1,880,000, about 15.9× the local median household income of $118,000.

Carrying it typically needs a household income of about $367,230 (20% down, 25-yr amortization, stress-tested) — roughly 211% above the area median.

Median household income: $118,000
Population: 44,945
Median age: 41.6
Owner / renter: 88% / 12%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA L0G)

$1,880,000· $442/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $376,000

Min 20%50%

Mortgage payment$8,018/mo

Property tax (est.)$621/mo

Total monthly$8,639

Cash Needed to Close

Down payment (20%)$376,000

Land transfer tax$34,075

Est. closing costs$8,140

Total cash needed$418,215

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390 Main Street, King (Schomberg) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (L0G)

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