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Edin Taravati

Sales Representative
Homelife Landmark Realty Inc, Brokerage Independently owned and operated. 7240 Woodbine, Markham, Ontario L3R 1A4 Cell: 647-233-7778Office: 905-305-1600

$798,000
Available - For Sale
Listing ID: N13111434
284 Main Street , King, L0G 1T0, York


Welcome to 284 Main Street Shomberg - Offered at only $798,000. Incredible Value with excellent ROI Rental income potential!Opportunity is Knocking - Will You Answer?Attention investors, entrepreneurs, and savvy end users! This exceptionally rare, mixed-use zoned property offers the ultimate flexibility - allowing both residential and commercial use in one of the most desirable pockets of King Township.Perfectly positioned in the heart of charming downtown Schomberg, right along its vibrant Main Street, this property presents endless possibilities: live where you work, generate rental income, operate your business, or invest in a rapidly growing community.Surrounded by popular restaurants, boutique shops, schools, dental offices, grocery stores, and everyday conveniences - and offering quick access to Highways 400, 27, and 9 - the location truly speaks for itself.Inside, you'll find: 5 spacious bedrooms 4 bathrooms Multiple private entrances A rear upper balcony A fully fenced backyard with a beautiful interlock patio 2 laundry rooms Spacious front covered porch Currently separated into 4 apartments - 2 main level studio apartments, upper level 2 bedroom, main level rear 1 bedroom with den 64k annul rental income 2025 (Upper unit 2 bedroom currently vacant)Currently operating as a profitable income-generating rental property, this is a turnkey opportunity with immediate upside and long-term growth potential.Own a piece of downtown Schomberg and secure your place in one of King Township's most sought-after communities.
Price $798,000
Taxes: $6236.00
Tax Type: Annual
Occupancy: Tenant
Address: 284 Main Street , King, L0G 1T0, York
Postal Code: L0G 1T0
Province/State: York
Legal Description: LT 20 PL 87 KING; PT LT 21 PL 87 KING AS
Directions/Cross Streets: Highway 27/Main Street/Highway 9
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Category: Multi-Use
Use: Service Related
Building Percentage: T
Total Area: 1350.00
Total Area Code:  Square Feet
Office/Appartment Area: 50
Office/Appartment Area Code: %
Retail Area Code: %
Area Influences: Major Highway  
Sprinklers: No
Washrooms: 0
Outside Storage: T
Rail: N
Crane: F
Soil Test: No
Heat Type: Gas Forced Air Open
Central Air Conditioning: Partial
Sewers: Sanitary+Storm
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
COLDWELL BANKER RONAN REALTY
Personal Picture
Edin Taravati
Sales Representative
Dir:
647-233-7778
Bus:
905-305-1600
 
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At a Glance:
Type: Com - Commercial Retail
Area: York
Municipality: King
Neighbourhood: Schomberg
Style:
Lot Size: x 138.00(Feet)
Approximate Age:
Tax: $6,236
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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