332 Main Street, King

Price: $1,149,000

3 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: N13056252

Welcome to the warmth and iconic Victorian charm of Schomberg. This captivating home, set well back from Main Street on a deep lot, offers exceptional curb appeal and a rich sense of history, having inspired artists and has even appeared in film. The zoning of this property presents a range of potential uses, adding versatility to its undeniable character. Original details shine throughout, including classic gingerbread trim and a stunning front porch, perfect for relaxing and taking in this vibrant community. Enjoy front-row access to beloved local events such as "A Main Street Christmas" and the "Schomberg Agricultural Fair." A long private drive leads to the rear of the home and connects to a circular driveway, offering both convenience and ample parking. A detached garage, full of character and appeal, provides excellent storage for garden equipment, patio furniture, and more. There is a convenient entrance at the side of the house through the family room, complete with an adjoining 3-piece bathroom. The bright kitchen has sliding doors to a private patio, perfect for al fresco dining, while the large living room showcases high ceilings and original hardwood floors. The dining room has beautiful windows that give the space natural light and create an inviting setting for everyday meals or entertaining. Upstairs, you'll find three generously sized bedrooms, a walk-in cupboard for additional storage, and a full family bathroom. A newly updated runner adds a fresh touch to the classic wood staircase.Charm awaits around every corner in this truly special home, ideally located in one of Schomberg's most picturesque settings.

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$1,149,000 - 332 Main Street, King

Detached for Sale in King

3Beds
2Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
N13056252
Property Type
Detached
Status
active
Days on Site
16
Bedrooms
3
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
King
Listing Brokerage
KELLER WILLIAMS REALTY CENTRES
Description

Welcome to the warmth and iconic Victorian charm of Schomberg. This captivating home, set well back from Main Street on a deep lot, offers exceptional curb appeal and a rich sense of history, having inspired artists and has even appeared in film. The zoning of this property presents a range of potential uses, adding versatility to its undeniable character. Original details shine throughout, including classic gingerbread trim and a stunning front porch, perfect for relaxing and taking in this vibrant community. Enjoy front-row access to beloved local events such as "A Main Street Christmas" and the "Schomberg Agricultural Fair." A long private drive leads to the rear of the home and connects to a circular driveway, offering both convenience and ample parking. A detached garage, full of character and appeal, provides excellent storage for garden equipment, patio furniture, and more. There is a convenient entrance at the side of the house through the family room, complete with an adjoining 3-piece bathroom. The bright kitchen has sliding doors to a private patio, perfect for al fresco dining, while the large living room showcases high ceilings and original hardwood floors. The dining room has beautiful windows that give the space natural light and create an inviting setting for everyday meals or entertaining. Upstairs, you'll find three generously sized bedrooms, a walk-in cupboard for additional storage, and a full family bathroom. A newly updated runner adds a fresh touch to the classic wood staircase.Charm awaits around every corner in this truly special home, ideally located in one of Schomberg's most picturesque settings.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,082.41/mo

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5-yr fixed avg.

Principal: $919,200Interest: $605,524
Mortgage Amount$919,200
Total Interest$605,524
Est. Property Tax$814/mo
Total Cost$1,524,724

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

332 Main 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)
1.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$814
Insurance (est.)-$239
Net Cash Flow+$1,747

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

Competitive Pricing

At $766/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 16 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

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 $4,788 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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