337 Main Street, King, ON

$1,099,000
MLS#:N8417074
3 beds
1 baths
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on July 24, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Schomberg. Expertly crafted featuring premium brick front construction, this residence presents an exceptional opportunity offered at $1,099,000 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.

  • 3 Bedrooms and 1 Bathroom
  • Premium 12.76 x 39.3 ft lot size
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this charming historic gem on picturesque Main Street in Schomberg! This delightful 3-bedroom home seamlessly blends original character with modern comforts, featuring original wood details, and an updated kitchen with modern appliances and stylish finishes. The inviting front porch and private backyard, which backs onto a serene creek and fairgrounds, offer a perfect blend of relaxation and entertainment, complete with a hot tub and large deck. A separate garage adds convenience and storage. Located in the heart of Schomberg, this home is just a short stroll from local shops, restaurants, and community events. Dont miss the chance to own a piece of history with all the modern amenities you desire. Schedule your private tour today!

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Property Summary

This detached home located at 337 Main Street, King is currently for sale and has been available on SousaSells for 772 days. This property is listed at $1,099,000 with an estimated mortgage of $3,658* per month. It has 3 beds, 1 bathroom, and is unknown square feet. 337 Main Street, King is in the Schomberg neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 24, 2024
Sold price information is available to members only
Listed Date6/7/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick Front
BasementFinished
Lot Size12.76 × 39.3 Metres
CountyYork
Annual Tax$3,739.3
Legal DescriptionPt Lt 34 Con 9 King; Pt Lt 45 Pl 87 King Pts 2&3 65R9577; King

Parking & Garage

Parking Total4.0
Parking Space3
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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337 Main Street, 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 337 Main Street, 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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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in King.

Configure Loan Settings

Interest Rate4.00%
Down Payment$329,700 (30.0%)
* Minimum Canadian down payment required for this price is $219,800.
Amortization Period30 Years
Estimated Monthly Payment$3,658Based on a loan of $769,300 over 30 years.
Purchase Price$1,099,000
Loan Amount$769,300
Provincial Land Transfer Tax:$18,455
Total Estimated Closing Taxes:$18,455

About Purchasing a Home in King, ON

For a property listed at $1,099,000 in King, the legal minimum down payment is $219,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $18,455 for this transaction. As this listing is in King (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $18,455.

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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$1,215,277

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

No elementary schools data loaded.

Secondary Schools

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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.