106 Centre Street, King

Price: $939,900

3 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: N13496492

Nestled on a peaceful cul-de-sac, this detached home offers a private retreat in the charming village of Schomberg. Fully renovated with meticulous attention to detail, it blends modern elegance and timeless charm. The property features an open concept layout, beautiful family size kitchen with a stunning view and a bright breakfast area. The home is complemented by a wraparound deck, offering multiple angles to enjoy the outdoors right from the main living areas. Complete with a finished walkout basement that offers ample space for in-law suite, abundant storage and walkout to a private patio. Just a pleasant walk away, the vibrant main street awaits with cozy cafés and delightful restaurants. This unique property seamlessly blends the tranquility of a country retreat with the convenience of village amenities. It's the perfect setting for those who desire peace and quiet without sacrificing easy access to a vibrant, welcoming community, and just 7 min from Highway 400. Come discover the private haven that awaits you.

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active
New Listing
1/33

$939,900 - 106 Centre Street, King

Detached for Sale in King

New — Listed 3 days ago
3Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
N13496492
Property Type
Detached
Status
active
Days on Site
3
Bedrooms
3
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
King
Listing Brokerage
ROYAL TEAM REALTY INC.
Description

Nestled on a peaceful cul-de-sac, this detached home offers a private retreat in the charming village of Schomberg. Fully renovated with meticulous attention to detail, it blends modern elegance and timeless charm. The property features an open concept layout, beautiful family size kitchen with a stunning view and a bright breakfast area. The home is complemented by a wraparound deck, offering multiple angles to enjoy the outdoors right from the main living areas. Complete with a finished walkout basement that offers ample space for in-law suite, abundant storage and walkout to a private patio. Just a pleasant walk away, the vibrant main street awaits with cozy cafés and delightful restaurants. This unique property seamlessly blends the tranquility of a country retreat with the convenience of village amenities. It's the perfect setting for those who desire peace and quiet without sacrificing easy access to a vibrant, welcoming community, and just 7 min from Highway 400. Come discover the private haven that awaits you.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,822.17/mo

Includes CMHC insurance ($26,223)

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5-yr fixed avg.

Principal: $845,910Interest: $574,519
Mortgage Amount$872,133
Total Interest$574,519
Est. Property Tax$666/mo
Total Cost$1,446,652

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: King

Discover King

King is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in King

  • Convenient location in King
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

King offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

106 Centre Street, King

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$666
Insurance (est.)-$196
Net Cash Flow+$1,938

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1343/sqft, this property is priced above the King average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Just Listed - Act Strategically

This property hit the market within the last week. In King's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Detached Home Advantages

Detached homes in King are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Investment Perspective

Looking at this as an investment: King properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,916 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    106 Centre Street, King | $939,900 | Battaglia Team