12 Dr. Jones Drive, King, ON
Schomberg, King · MLS® N13796180
About this home
In short
- Beautifully updated and move-in ready, this spacious backsplit is nestled in one of Schomberg's most desirable family-friendly neighbourhoods.
- Offering a functional layout with soaring ceilings and an abundance of natural light, with approx 1700 sqft of living space .From the moment you step inside, you'll...
- The finished lower level expands your living space with a cozy recreation room featuring a gas fireplace, an additional bedroom that's ideal for guests, a home...
- Practical features include a 1.5-car garage complete with built-in storage shelving and a garage door opener, providing added convenience and peace of mind.
Beautifully updated and move-in ready, this spacious backsplit is nestled in one of Schomberg's most desirable family-friendly neighbourhoods. Offering a functional layout with soaring ceilings and an abundance of natural light, with approx 1700 sqft of living space .From the moment you step inside, you'll appreciate the large, welcoming foyer that opens into the bright living and dining room combination, creating an inviting space for entertaining family and friends. Freshly painted throughout and featuring new plank flooring, the home offers a modern, turnkey feel.The bright white kitchen is the heart of the home, offering plenty of cabinetry, generous workspace, and a convenient walk-out to the private, fully fenced backyard. Enjoy summer BBQs, outdoor dining, or simply unwind on the concrete patio while children and pets play safely.The finished lower level expands your living space with a cozy recreation room featuring a gas fireplace, an additional bedroom that's ideal for guests, a home office, or a growing family, along with a convenient 2-piece bathroom.Practical features include a 1.5-car garage complete with built-in storage shelving and a garage door opener, providing added convenience and peace of mind.Located in the charming village of Schomberg, you'll enjoy the perfect balance of small-town charm and modern convenience. Discover boutique shops, cafes, local restaurants, parks, walking trails, golf courses, and a vibrant community known for its year-round events and welcoming atmosphere. Excellent schools, recreation facilities, and easy access to major commuter routes make this an exceptional place to call home.Offering stylish updates, versatile living space, and an unbeatable location, this home is ideal for first-time buyers, growing families, or anyone looking to enjoy the warmth and charm of village living. Don't miss your opportunity to make this beautiful property your next home.
Key facts
- Property type
- Detached, Backsplit 3
- MLS®
- N13796180
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 3 (1 half)
- Size
- 700-1100 sq ft
- Lot
- 37.2 × 98.42 ft
- Cross streets
- Main/Cooper
- Parking
- 1.5 garage · 3.5 parking (attached)
- Driveway
- Private Double
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Vinyl Siding
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,860 / 2026
- Days on market
- 5
- Listing brokerage
- RE/MAX CROSSTOWN REALTY INC.
Rooms
gas fireplace · separate room · window
open concept · picture window · combined w/dining
double closet · window · east view
4 pc ensuite · walk-in closet(s) · window
separate room · laundry sink
double sink · open concept · modern kitchen
open concept · w/o to patio
large window · closet · north view
open concept · combined w/living · window
large window · closet · north view
Listed at $1,045,000, about 17% above our estimate of $893K (homes like it typically land between $837K and $935K).
Why $893K. The typical detached home sold in Schomberg over the past year went for about $1.24M (16 sales). What sets this one apart:
- ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $4,860 a year; the typical home sold here pays about $5,500.
- ▼ Lowers itIt is 700 to 1,100 sq ft; the typical home sold here is 1,500 to 2,000.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
- ▼ Lowers it slightly1.5 garage and 3.5 total parking spaces, against 2 and 6 typically.
Total price vs nearby homes. Fair value about $893K, learned from recent GTA sales.
The market behind the math:
Price per square foot: this home lists at $1,161/sqft against an area asking average of $819/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 9 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $966K. Condition and finishes remain an in-person call.
What the listing highlights1 point to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
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
The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.
There were not many closely comparable homes right in Schomberg, so I widened the search to the surrounding area.
Based on 9 comparable homes that sold in Schomberg over the past two years, from 28 closings there.
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 $893K, which is where my estimate comes from.
Per square foot, these ask about $648/sqft; this home lists at $1,161/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesNeighbourhood & location
Schomberg, King, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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
Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 22, 2026); conventional rates run a little higher.
Mortgage amount $836,000 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,576
- Property tax
- $405
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,981
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $17,375
- Estimated closing costs
- $17,375
Plus your down payment of $209,000. 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
- $274,563
- Principal paid down
- $103,365
- Interest paid
- $171,198
- Balance remaining
- $732,635
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 5 whole-home leases in Schomberg signed at a median of $2,500 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,603. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX CROSSTOWN REALTY INC.. MLS®/PropTx.