6162 Highway 9, King, ON
Schomberg, King · MLS® N13021820
About this home
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.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- N13021820
- Bedrooms
- 5 (3 + 2)
- Bathrooms
- 2 (1 half)
- Size
- 1500-2000
- Lot
- 200 × 132.87 ft
- Cross streets
- Highway #9 & Highway #27
- Parking
- 1 garage · 6 parking (attached)
- Driveway
- Private Double, Available, Front Yard Parking
- Basement
- Finished with Walk-Out, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Other
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Septic
- Property tax
- $5,076 / 2025
- Days on market
- 88
- Listing brokerage
- REMAX YOUR COMMUNITY REALTY
Rooms
cushion floor · w/o to yard · laundry sink
broadloom · above grade window · overlooks backyard
hardwood floor · b/i shelves · overlooks backyard
hardwood floor · large closet · overlooks frontyard
broadloom · panelled
hardwood floor · bay window · fireplace
hardwood floor · double closet · overlooks backyard
cushion floor · b/i desk · large window
hardwood floor · double closet · overlooks backyard
broadloom · panelled · gas fireplace
broadloom · panelled · above grade window
broadloom · picture window · panelled
Listed at $1,289,900, this home is tracking about 30% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 12 similar homes nearby, adjusted for size, beds, and baths.Median of 12 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.18M, lower than the comparables and worth a second look. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $949K
- Bedrooms +$60K
- Adjusts to $1.01M
That comparable adjusts to $1.01M; the $1.83M estimate above is the median of all 12 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Newmarket Bus Stop is about a 108-minute walk away.
Total price vs nearby homes. Fair value about $1.83M, median of 12 comparables.
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.
- Walk-out basement: natural light and strong in-law or income potential.
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
- Income potential
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 28% below the area average of $1,018/sqft.
67 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
Somewhat WalkableA 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.
Some errands on foot, but most trips need a car.
🚉 Nearest transit: Newmarket Bus Stop, about 8.7 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) →
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
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 $1,031,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,507
- Property tax
- $423
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,930
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $22,273
- Estimated closing costs
- $22,273
Plus your down payment of $257,980. 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
- $330,402
- Principal paid down
- $131,415
- Interest paid
- $198,987
- Balance remaining
- $900,505
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 REMAX YOUR COMMUNITY REALTY. MLS®/PropTx.