136 Main Street, King, ON

Schomberg, King · MLS® N13232652

$899,000
For Sale
Listed 44 days ago
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1Bedrooms
2Bathrooms
6Parking
700-1100Sq Ft

About this home

Some homes simply have a story to tell.For over a century, this charming home has stood quietly on Main Street, watching generations come and go, seasons change, and village life unfold. Today, after a complete and thoughtful renovation, it begins its next chapter-beautifully reimagined for modern living while retaining the warmth and character that only time can create.Step onto the covered front porch, settle into a pair of comfortable chairs with a cold drink in hand, and watch the world of Schomberg pass by. Neighbours wave, friends stop to chat, and life seems to move at just the right pace.Inside, every space has been designed with purpose. Though just over 1,000 square feet, the home lives much larger, offering an impressive blend of comfort, style and functionality. The second floor is devoted entirely to a private primary retreat, complete with a walk-in closet and a luxurious 5-piece ensuite-a space that feels more boutique hotel than country village home.The backyard is a surprise. Hidden from view, the large private lot unfolds into an inviting outdoor sanctuary featuring an expansive tiered deck designed for long summer evenings, family gatherings, and quiet mornings with coffee and birdsong.This is the kind of property that is becoming increasingly difficult to find-a home with history, personality, and soul, yet completely updated for today's lifestyle. Perfect for professional couples, first-time buyers looking for something unforgettable, or those seeking to simplify without sacrificing quality.Because sometimes the most remarkable homes aren't the biggest ones.They're the ones you'll never forget.

Key facts

Property type
Detached, 1 1/2 Storey
MLS®
N13232652
Bedrooms
1
Bathrooms
2 (1 half)
Size
700-1100
Lot
80.73 × 140.86 ft
Cross streets
Main St and Church St
Parking
6 parking
Driveway
Private
Basement
Unfinished
Heating
Heat Pump
A/C
Wall Unit(s)
Exterior
Board & Batten
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,495 / 2025
Days on market
44
Listing brokerage
ROYAL LEPAGE RCR REALTY

Rooms

KitchenMain3.93 × 3.35 m

combined w/living · stainless steel appl

Primary BedroomSecond5.51 × 3.35 m

5 pc ensuite · walk-in closet(s)

Dining RoomMain3.93 × 2.56 m

combined w/kitchen · w/o to deck

Living RoomMain4.89 × 4.14 m

open concept · fireplace · large window

Moe’s TakeTeam Asgarian · Broker
In the wider range
$781Kest. value

Listed at $899,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. 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 $1.10M, higher 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 $1.10M
  • Bedrooms −$90K
  • Bathrooms −$15K
  • Adjusts to $995K

That comparable adjusts to $995K; the $781K 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.

The assigned public school is Schomberg PS. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

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 111-minute walk away.

List price
$341KGreat deal$995KOverpriced

Total price vs nearby homes. Fair value about $781K, 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Primary suite: a key comfort and resale feature.
  • Value driver
  • Lifestyle
Live market pulseActive comparables in Schomberg · median list $1.32M
$999this home / sqft
12active listings nearby
44days on market

This home lists 0% above the area average of $996/sqft.

23 days longer than the King average (21 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Schomberg, King, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

51/ 100

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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Newmarket Bus Stop, about 8.9 km away

1 grocery20+ dining7 parks2 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Pottageville
$2.16M
Rural King
$2.51M
Nobleton
$2.20M
King City
$2.81M

Typical asking price of active listings of the same type, per area (outliers removed). King.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Schomberg PS
68%
Schomberg PSPublic · Elementary · JK-6 · 0.4 km awayBelow the GTA average · 68% meet the provincial standard
King City SSEQAO results not published

Affordability & Mortgage

Affordability
$4,097/mo
$171KIncome needed
5.2×Price ÷ income
$946Weekly cost
20% down4.79%25-yr amortization

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.

92%mortgage
Mortgage $4,097Property tax $375Total carry $4,472

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

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,838per month

Mortgage amount $719,200 · 4.14% over 25 years

$179,800Down payment (20.0%)
$719,200Loan before insurance
$0CMHC premium
$4,213Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,838
Property tax
$375
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,213

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$14,455
Estimated closing costs
$14,455

Plus your down payment of $179,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,662/monthPayment at the qualifying rate

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

$432,175Total interest paid
$1,151,375Total of all payments
Principal $719,200 Interest $432,175
YearPrincipalInterestBalance
1$16,848$29,207$702,352
2$17,553$28,502$684,799
3$18,287$27,768$666,511
4$19,052$27,003$647,459
5$19,849$26,206$627,610
6$20,679$25,376$606,930
7$21,544$24,511$585,386
8$22,446$23,609$562,940
9$23,384$22,671$539,556
10$24,363$21,692$515,193
11$25,382$20,673$489,811
12$26,443$19,612$463,368
13$27,549$18,506$435,819
14$28,702$17,353$407,117
15$29,902$16,153$377,214
16$31,153$14,902$346,061
17$32,456$13,599$313,605
18$33,814$12,241$279,791
19$35,228$10,827$244,563
20$36,702$9,353$207,861
21$38,237$7,818$169,625
22$39,836$6,219$129,788
23$41,503$4,552$88,286
24$43,239$2,816$45,047
25$45,047$1,008$0

At the end of your 5-year term

Total paid over the term
$230,275
Principal paid down
$91,590
Interest paid
$138,685
Balance remaining
$627,610

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.

Let's connect

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

Rental yield
Estimate$1,450/mo
$17,400Gross annual rent
1.1%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

1.9%
Gross yield
− Property tax $4,495− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $9,591

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE RCR REALTY. MLS®/PropTx.

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