$4,710,000
King
50 Dillane Drive, King (Schomberg), Ontario, L0G1T0
This lot in King is for sale offering roughly 2 sq ft of space.
Prime Industrial Land with Outside Storage. An exceptional opportunity to acquire a prime industrial parcel in the growing community of Schomberg, King area. This 2.05-acre fully serviced E1-zoned employment property is ideally positioned across from the Trisan Centre community recreation complex, McDonalds, and just steps to the local plaza featuring Foodland, LCBO, The Beer Store, Home Hardware, Tim Hortons, and a pharmacy, offering excellent convenience and visibility. The property is already well advanced toward Site Plan Approval for an 8,000 sq. ft. industrial building, providing buyers and developers with a valuable head start. Significant site improvements have been completed, including engineered drainage, a heavy-duty gravel base, perimeter fencing, and secure gated access. These upgrades represent a substantial investment and allow the site to be used immediately for outside storage, equipment, or contractor operations while final approvals are completed. E1 (Employment Industrial) zoning permits a wide range of uses, including warehouse and storage, contractor yards, automotive service or repair facilities, light manufacturing, assembly operations, and various service-commercial uses. The lot's layout, servicing, and completed grading make it particularly well-suited for businesses requiring both building space and outdoor yard storage. Opportunities to acquire serviced, development-ready industrial land in King Township are extremely limited. Whether for owner-occupancy, investment, or build-to-suit development, this lot offers excellent exposure, strong connectivity, and a rare opportunity to secure industrial land in a rapidly growing business corridor. (id:66096)
Long Listed: 222 days on market, against an average age of 63 days across the listings currently for sale in this city
This vacant land 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 $4,710,000, about 39.9× the local median household income of $118,000.
Carrying it typically needs a household income of about $920,028 (20% down, 25-yr amortization, stress-tested) — roughly 680% above the area median.
Source: Statistics Canada, 2021 Census (FSA L0G)
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