50 Dr Kay Drive, King, ON

$1,050,000
MLS#:N12764830
0 beds
1 baths
Commercial
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Description

Property Highlights

Welcome to this remarkable [] commercial retail located in the coveted neighborhood of Schomberg. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,050,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 1 Bathroom
  • Thoughtfully designed floor plan offering excellent spatial utility and privacy
  • Features a [] basement, adding superb versatility for recreation, a home gym, or extra storage
  • Convenient outside/surface garage included
  • equipped with ["yes"] central cooling and highly efficient gas forced air open heating

***Business With Commercial Property*** Recently built commercial retail unit with property ownership offering a rare opportunity for commercial buyers, real estate investors, restaurant operators, and entrepreneurs looking to own and operate in a high-growth retail corridor. Strategically located in a modern, high-traffic plaza at the intersection of Highway 27 and Highway 9, this location provides strong visibility, excellent exposure, and consistent consumer traffic within a rapidly expanding trade area. Positioned alongside major national and regional anchor tenants, including LCBO, Tim Hortons, McDonald's, Petro Canada, and Foodland, the plaza benefits from strong brand-driven traffic and a built-in customer base. The surrounding area is supported by dense and growing residential communities, making it ideal for retail businesses, QSR operators, franchise owners, and food service entrepreneurs seeking steady walk-in and drive-by traffic. The approximately 1,166 square foot unit is currently operating as an ethnic grocery store with a restaurant and take-out setup. The space includes existing commercial kitchen infrastructure with a hood and exhaust system already installed, helping reduce startup costs and buildout timelines. The efficient layout makes it easy to convert to a new restaurant concept, franchise brand, QSR, specialty cuisine, café, or other retail or service-based use. This turnkey commercial space offers flexibility for owner-operators, franchise groups, hospitality investors, and commercial real estate buyers seeking income potential, business expansion, or long-term asset growth. Ample on-site parking is available for customers and staff. Exceptional opportunity to acquire a high-visibility commercial retail property in a proven, high-demand location ideal for restaurants, franchises, retail, and service-based businesses.

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Key Features

Bathrooms
1
Property Type
Commercial

Additional Details

StatusActive
Listed Date2/6/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCommercial Retail
CountyYork
Annual Tax$7,905.5
Legal DescriptionUNIT 9, LEVEL 1, YORK REGION STANDARD CONDOMINIUM PLAN NO. 1399 AND ITS APPURTENANT INTEREST SUBJECT TO EASEMENTS AS SET OUT IN SCHEDULE A AS IN YR2923871 TOWNSHIP OF KING

Parking & Garage

Garage TypeOutside/Surface

Heating & Cooling

Heat TypeGas Forced Air Open
Cooling["Yes"]

Features

Property Features

Community Features

Location

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50 Dr Kay Drive, King, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Schomberg, King.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$1,165,339

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

St Patrick
Public51 Western Avenue, King, Ontario, L0G 1T0
7.0
Schomberg
Public21 Main Street, King, Ontario, L0G 1T0
8.0

Secondary Schools

No secondary schools data loaded.

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 50 Dr Kay Drive 9, King, ON L0G 1T0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$840,000
Monthly Mortgage$4,881
Property Tax (Est.)$659
Utilities & Maint.$350
Total Monthly Cost$5,890

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in King.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.