45 Mapleton Mills Drive, King, ON

Schomberg, King · MLS® N13683148

$1,390,000
For Sale
Listed 35 days agoNo offer date stated
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4Bedrooms
4Bathrooms
2Garage · 6 parking
2500-3000Sq ft

About this home

In short

  • Welcome to Schomberg - a picturesque village within King Township known for its safe, tree-lined streets, welcoming community spirit, local parks, charming shops, and...
  • Nestled in a quiet, highly sought-after pocket of the neighborhood with a peaceful, country-like atmosphere, this immaculate open-concept home is move-in ready and...
  • The fully finished basement includes a second kitchen, ideal for extended family, gatherings, or in-law potential.
  • Located close to shops, restaurants, parks, and everyday amenities.
  • Notable upgrades & features:9 ft. smooth ceilingsPot lights throughoutUpgraded baseboards and trimHardwood flooring in main areasGranite countertops in kitchen and...

Welcome to Schomberg - a picturesque village within King Township known for its safe, tree-lined streets, welcoming community spirit, local parks, charming shops, and year-round community events. This is small-town living at its best, just minutes from everyday conveniences. Nestled in a quiet, highly sought-after pocket of the neighborhood with a peaceful, country-like atmosphere, this immaculate open-concept home is move-in ready and beautifully maintained. The professionally landscaped front and backyard feature a private, fenced-in garden - perfect for relaxing or entertaining. A spacious double-car garage offers direct access to the mudroom, while a cozy gas fireplace brings warmth and charm to the living room. The fully finished basement includes a second kitchen, ideal for extended family, gatherings, or in-law potential. With approximately 2,800 sq. ft. of finished living space, including the basement, this home offers the best of both comfort and convenience. Located close to shops, restaurants, parks, and everyday amenities.Notable upgrades & features:9 ft. smooth ceilingsPot lights throughoutUpgraded baseboards and trimHardwood flooring in main areasGranite countertops in kitchen and bathroomsDouble sinks in the main bathroomModern light fixturesAmple storage space

Key facts

Property type
Detached, 2-Storey
MLS®
N13683148
Bedrooms
4
Bathrooms
4 (1 half)
Size
2500-3000 sq ft
Lot
45.05 × 105.06 ft
Cross streets
Highway 27 And Highway 9
Parking
2 garage · 6 parking (attached)
Driveway
Private Double
Basement
Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Insulated Concrete Form
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,838 / 2025
Days on market
35
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

Bedroom 3Second3.90 × 3.59 m

5 pc bath · walk-in closet(s) · broadloom

Family RoomMain4.87 × 4.26 m

fireplace · hardwood floor · pot lights

RecreationBasement8.00 × 8.00 m

Unfinished

Bedroom 4Second3.53 × 3.04 m

Broadloom

BreakfastMain4.57 × 2.74 m

ceramic floor · w/o to patio

Primary BedroomSecond5.48 × 4.20 m

6 pc ensuite · walk-in closet(s) · broadloom

Bedroom 2Second3.65 × 3.35 m

Broadloom

Dining RoomMain4.20 × 3.35 m

Hardwood Floor

KitchenMain4.57 × 3.35 m

ceramic floor · granite counters · stainless steel appl

Our TakeTeam Asgarian · Broker
Ask and recent sales differ
$1.16Mautomated estimate, from recent sales

Listed at $1,390,000, about 19% above our estimate of $1.16M (homes like it typically land between $1.09M and $1.22M).

Why $1.16M. The typical detached home sold in Schomberg over the past year went for about $1.24M (16 sales). What sets this one apart:

  • ▲ Raises it stronglyIt is 2,500 to 3,000 sq ft; the typical home sold here is 1,500 to 2,000.
  • ▲ Raises it slightlyIts tax bill, which follows the city's own assessment, is $5,838 a year; the typical home sold here pays about $5,500.
List price
$1.09MBelow our range$1.39MAbove our range

Total price vs nearby homes. Fair value about $1.16M, learned from recent GTA sales.

The market behind the math:

3sold nearby · 90 days
35days on market so far
$3,943/moest. rent · 6 leases
3.4%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $505/sqft against an area asking average of $810/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 6 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.27M. Condition and finishes remain an in-person call.

What the listing highlights4 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

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.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($505/sqft) is below the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Schomberg, so I widened the search to the surrounding area.

Based on 6 comparable homes that sold in Schomberg over the past two years, from 28 closings there.

What sellers nearby are askingCurrently listed nearby in Schomberg · asking prices
$1.36Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.16M, which is where my estimate comes from.

Per square foot, these ask about $812/sqft; this home lists at $505/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.39MThis home1.70M1.04M1.88M799kThis home vs active comparables

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.

Nearby neighbourhoods

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

Pottageville
$2.36M
Rural King
$3.04M
Nobleton
$1.86M
King City
$2.85M

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 · 1.1 km awayBelow the GTA average · 68% meet the provincial standard
King City SSEQAO results not published
St. Maximilian KolbeEQAO results not published

Affordability & Mortgage

Affordability
$6,335/mo
$260KIncome needed
5.4×Price ÷ income
$1,462Weekly cost
$24,275Land transfer tax, one-time (Ontario)
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.

93%mortgage
Mortgage $6,335Property tax $487Total carry $6,822

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%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,087per month

Mortgage amount $1,112,000 · 4.39% over 25 years

$278,000Down payment (20.0%)
$1,112,000Loan before insurance
$0CMHC premium
$6,573Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,087
Property tax
$487
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,573

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

One-time closing costs

Ontario land transfer tax
$24,275
Estimated closing costs
$24,275

Plus your down payment of $278,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$7,374/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

$714,040Total interest paid
$1,826,040Total of all payments
Principal $1,112,000 Interest $714,040
YearPrincipalInterestBalance
1$25,163$47,878$1,086,837
2$26,280$46,762$1,060,557
3$27,446$45,595$1,033,111
4$28,664$44,377$1,004,446
5$29,937$43,105$974,509
6$31,265$41,776$943,244
7$32,653$40,389$910,591
8$34,102$38,940$876,489
9$35,616$37,426$840,874
10$37,196$35,845$803,677
11$38,847$34,195$764,830
12$40,571$32,470$724,259
13$42,372$30,670$681,887
14$44,252$28,789$637,635
15$46,216$26,825$591,418
16$48,268$24,774$543,151
17$50,410$22,632$492,741
18$52,647$20,395$440,094
19$54,984$18,058$385,111
20$57,424$15,618$327,687
21$59,972$13,069$267,714
22$62,634$10,408$205,080
23$65,414$7,628$139,666
24$68,317$4,725$71,349
25$71,349$1,692$0

At the end of your 5-year term

Total paid over the term
$365,208
Principal paid down
$137,491
Interest paid
$227,718
Balance remaining
$974,509

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
From 6 whole-home leases in Schomberg$3,943/mo
$47,316Gross annual rent
2.5%Cap rate after taxes and upkeep
$3,065 to $4,550Typical rent range

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

Talk about the numbers

The last 6 whole-home leases in Schomberg signed at a median of $2,600 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,943. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

3.4%
Gross yield
− Property tax $5,838− Insurance $1,400− Vacancy & upkeep $5,205Net operating income $34,873

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

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