6162 Highway 9 N/A, King

Price: $1,289,900

5 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: N13021820

SCHOMBERG BEAUTY! Looking for a Country Home within walking distance to all amenities? STOP! LOOK! You have found it right here!! It's a rare find! Well kept 3+2 bedroom Bungalow with 3100 Sq. Ft. of living area including finished walk-out basement and is situated on a 200x132.87 Ft lot. 0.61 of an acre. Prime property. With a warm sense of Community, it is situated within walking distance to the quaint Village of Schomberg, with Schools, Parks, Restaurants, Community Center and Shopping. This Bungalow has many uses. It provides all the elements for comfortable retirement and relaxation, or raising your young family, or for the contractor, requiring a home and large lot to store his business equipment. It boasts a well laid out main floor plan with spacious kitchen, Formal Living room, Family Room with fireplace, Dining room, three nice size bedrooms, large four piece bathroom and foyer with double and single door coat closets. The large finished walkout lower level has a gas fireplace. Rent out! or retain for your own use. Extremely bright home with extra large windows throughout, bringing the beauty of the outdoors within. It has Masonite Shadow Vent siding exterior surround and oversized one car garage. The oversized one car garage has a door to the main floor, side entrance door, and an abundance of storage area closed off with two separate man doors.Do not wait! Wont Iast! Agents book your appointment for your clients to view today. **EXTRAS** New air conditioning 2023, new furnace 2015, roof new in 2012, Main floor windows replaced.

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$1,289,900 - 6162 Highway 9 N/A, King

Detached for Sale in King

5Beds
2Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
N13021820
Property Type
Detached
Status
active
Days on Site
25
Bedrooms
5
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
King
Listing Brokerage
REMAX YOUR COMMUNITY REALTY
Description

SCHOMBERG BEAUTY! Looking for a Country Home within walking distance to all amenities? STOP! LOOK! You have found it right here!! It's a rare find! Well kept 3+2 bedroom Bungalow with 3100 Sq. Ft. of living area including finished walk-out basement and is situated on a 200x132.87 Ft lot. 0.61 of an acre. Prime property. With a warm sense of Community, it is situated within walking distance to the quaint Village of Schomberg, with Schools, Parks, Restaurants, Community Center and Shopping. This Bungalow has many uses. It provides all the elements for comfortable retirement and relaxation, or raising your young family, or for the contractor, requiring a home and large lot to store his business equipment. It boasts a well laid out main floor plan with spacious kitchen, Formal Living room, Family Room with fireplace, Dining room, three nice size bedrooms, large four piece bathroom and foyer with double and single door coat closets. The large finished walkout lower level has a gas fireplace. Rent out! or retain for your own use. Extremely bright home with extra large windows throughout, bringing the beauty of the outdoors within. It has Masonite Shadow Vent siding exterior surround and oversized one car garage. The oversized one car garage has a door to the main floor, side entrance door, and an abundance of storage area closed off with two separate man doors.Do not wait! Wont Iast! Agents book your appointment for your clients to view today. **EXTRAS** New air conditioning 2023, new furnace 2015, roof new in 2012, Main floor windows replaced.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,705.66/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,031,920Interest: $679,779
Mortgage Amount$1,031,920
Total Interest$679,779
Est. Property Tax$914/mo
Total Cost$1,711,699

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

6162 Highway 9 N/A, King

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$914
Insurance (est.)-$269
Net Cash Flow+$2,417

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

Fair Market Value

At $860/sqft, this property is priced in line with current King market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 25 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.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in King.

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 $5,375 (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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