5502 16th Side Road, King, ON
Schomberg, King · MLS® N12916906
About this home
Highly Desirable and Sought After 10 Acre Country Residence Situated on The High Point of The Sixteenth Sideroad Just North of Nobleton Lakes Golf Course Between The 8th Concession and Hwy 27.The Board and Batton Bungalow Has Been Upgraded and Redecorated Resulting In A Home Worthy Of A Feature in Modern Farmhouse Magazine. The Log Walls Have Been Painted In a Soft White Complimented With 7 1/2" White Oak Hardwood Flooring, Black Hardware and Cathedral Ceilings In Every Room Featuring Natural Oak Beams and Views From Every Room to Scenic Rolling Pastures or Private Gardens. The Property Is Ideal For Horse Lovers Having a 5 Stall Horse Barn Workshop and Tack Room, Run-In Shed and Fenced Paddocks. The Property Would Also Lend Itself Ideal For A Doggy Daycare. The Detached Double Car Garage With 430 Sq. Ft. Bachelor Apartment Above Overlooks The Pool and Picturesque Rolling Pasture. An Inground Concrete 40 x 20 Ft Heated Pool Is Complete With Concrete Patio Surround Complimented With A Covered Gazebo and Adjacent Built-in Pool Cabana Featuring Double French Doors, A Roll-Up Servery Door, Wet Bar, Vaulted Ceiling and 2 Piece Washroom.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- N12916906
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 3
- Size
- 1500-2000
- Lot
- 323.27 × 1365.85 ft
- Cross streets
- Hwy 27 & 16th Sdrd
- Parking
- 2 garage · 16 parking (detached)
- Driveway
- Circular Drive
- Basement
- Finished with Walk-Out, Partial Basement
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Board & Batten
- Foundation
- Block
- Roof
- Asphalt Shingle
- Sewer
- Septic
- Pool
- Inground
- Property tax
- $8,547 / 2026
- Days on market
- 115
- Listing brokerage
- RE/MAX EXPERTS
Rooms
hardwood floor · open concept · cathedral ceiling(s)
vinyl floor · brick fireplace · w/o to yard
hardwood floor · closet · overlooks frontyard
hardwood floor · closet · overlooks garden
centre island · cathedral ceiling(s) · pantry
hardwood floor · cathedral ceiling(s) · stone fireplace
hardwood floor · brick fireplace · cathedral ceiling(s)
5 pc ensuite · hardwood floor · w/o to deck
Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.
Ask Moe if this price is fairThe assigned public school is King City SS. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
On location, this is a more car-dependent spot, so buyers here typically drive. Keele St / King Rd is about a 120-minute walk away. Worth weighing if transit access matters to you.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Weigh carefully
- Worth verifying
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homes94 days longer than the King average (21 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Schomberg, King, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Car-DependentA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Almost all errands require a car.
🚉 Nearest transit: Keele St / King Rd, about 9.6 km away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). King.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $3,350,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $17,879
- Property tax
- $712
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $18,591
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $91,175
- Estimated closing costs
- $91,175
Plus your down payment of $837,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $1,072,739
- Principal paid down
- $426,674
- Interest paid
- $646,064
- Balance remaining
- $2,923,726
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX EXPERTS. MLS®/PropTx.