50 Dr Kay Drive, King, ON

$273,000
MLS#:N12935260
0 beds
0 baths
Commercial
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Description

Property Highlights

Welcome to this remarkable [] sale of business 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 $273,000 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 0 Bathrooms
  • Spacious lot size measured in Feet
  • Features a [] basement, adding superb versatility for recreation, a home gym, or extra storage
  • equipped with ["yes"] central cooling and highly efficient gas forced air closed heating

Recently built commercial restaurant unit, presenting a rare opportunity for restaurant operators, franchise groups, and hospitality to own and operate in a high-growth, high-traffic retail corridor. Strategically located within a modern plaza at the prominent intersection of Highway 27 and Highway 9, this property offers exceptional visibility, strong exposure, and consistent customer traffic in a rapidly expanding trade area. Surrounded by major national and regional anchors including LCBO, Tim Hortons, McDonald's, Petro-Canada, and Foodland, the plaza benefits from constant brand-driven traffic and a built-in customer base. The area is further supported by dense and growing residential communities, making it an ideal location for dine-in, take-out, and delivery-focused restaurant concepts. The approximately 1,200 sq. ft. unit is currently operating as an Italian restaurant and take-out component and includes existing commercial kitchen infrastructure, including a hood and exhaust system, significantly reducing startup costs and build-out timelines. The efficient layout allows for easy conversion to other restaurant QSR concept, franchise operation, specialty cuisine, cafe, or ghost kitchen. This turnkey restaurant-ready space offers flexibility for owner-operators and investors seeking immediate operational potential, brand expansion, or long-term brand growth. Ample on-site parking is available for customers and staff. Exceptional opportunity to acquire a high-visibility restaurant in a proven, high-demand location with strong traffic fundamentals and long-term upside.$4700.00 incld TMI/HST, Term in till 2028 with additional extension available w/ landlord approval.

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Key Features

Property Type
Commercial

Additional Details

StatusActive
Listed Date3/30/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeSale Of Business
CountyYork
Annual Tax$0

Parking & Garage

Garage TypeNone

Heating & Cooling

Heat TypeGas Forced Air Closed
Cooling["Yes"]

Features

Property Features

Community Features

Location

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50 Dr Kay Drive, King, ON
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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, 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.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$218,400
Monthly Mortgage$1,269
Property Tax (Est.)$0
Utilities & Maint.$350
Total Monthly Cost$1,619

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.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Schomberg, King.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,263,509

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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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.