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 $949,999 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.
Exceptional opportunity to own a fully improved commercial retail unit and operating business in a modern, high-traffic plaza at the prominent intersection of Highway 27 and Highway 9 in Schomberg. Unlike a typical shell unit, this professionally renovated space is fully equipped and operational, featuring a commercial kitchen, accessible washroom, retail area, hot table service area, and extensive leasehold improvements already in place.Currently operating as a successful grocery and prepared food business, the property offers tremendous flexibility for a variety of uses. Continue operating the existing business, expand the current concept, or repurpose the space for a restaurant, take-out establishment, specialty food market, café, deli, or other permitted commercial use. The existing commercial kitchen infrastructure significantly reduces the time and cost required to launch a new venture.Located within a busy retail plaza anchored by national and established tenants including Tim Hortons, McDonald's, LCBO, Petro-Canada, and Foodland, the property benefits from strong daily traffic, excellent visibility, ample parking, and prominent signage opportunities. Surrounded by established residential neighbourhoods and a growing population base, this location provides consistent customer traffic and long-term growth potential.Whether you are an owner-operator looking to acquire a turnkey business and real estate opportunity, or an investor seeking a well-positioned commercial asset in a thriving community, this property offers exceptional value and versatility in one of Schomberg's most desirable commercial corridors.
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Major Highway, Recreation/Community Centre
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 50 Dr Kay Drive A9, King, ON L0G 1T0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in King.
About Purchasing a Home in King, ON
For a property listed at $949,999 in King, the legal minimum down payment is $70,000 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 $15,475 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 $15,475.
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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.