106 Centre Street, King, ON
Schomberg, King · MLS® N13851640
About this home
In short
- Nestled on a peaceful cul-de-sac, this detached home offers a private retreat in the charming village of Schomberg.
- Fully renovated with meticulous attention to detail, it blends modern elegance and timeless charm.
- The property features an open concept layout, beautiful family size kitchen with a stunning view and a bright breakfast area.
- Complete with a finished walkout basement that offers ample space for in-law suite, abundant storage and walkout to a private patio.
- It's the perfect setting for those who desire peace and quiet without sacrificing easy access to a vibrant, welcoming community, and just 7 min from Highway 400.
Nestled on a peaceful cul-de-sac, this detached home offers a private retreat in the charming village of Schomberg. Fully renovated with meticulous attention to detail, it blends modern elegance and timeless charm. The property features an open concept layout, beautiful family size kitchen with a stunning view and a bright breakfast area. The home is complemented by a wraparound deck, offering multiple angles to enjoy the outdoors right from the main living areas. Complete with a finished walkout basement that offers ample space for in-law suite, abundant storage and walkout to a private patio. Just a pleasant walk away, the vibrant main street awaits with cozy cafés and delightful restaurants. This unique property seamlessly blends the tranquility of a country retreat with the convenience of village amenities. It's the perfect setting for those who desire peace and quiet without sacrificing easy access to a vibrant, welcoming community, and just 7 min from Highway 400. Come discover the private haven that awaits you.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- N13851640
- Bedrooms
- 2+1 (3 total)
- Bathrooms
- 2 (1 half)
- Size
- 700-1100 sq ft
- Lot
- 167.57 × 231.44 ft
- Cross streets
- Centre Street & Rebellion
- Parking
- 4 parking
- Driveway
- Private
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Aluminum Siding
- Foundation
- Not Applicable
- Roof
- Asphalt Shingle
- Sewer
- Septic
- Property tax
- $4,432 / 2025
- Days on market
- 14
- Listing brokerage
- ROYAL TEAM REALTY INC.
Rooms
4 pc ensuite · b/i shelves · window
ceramic floor · wainscoting · w/o to deck
vinyl floor · separate room · b/i shelves
breakfast area · hardwood floor · stainless steel appl
combined w/dining · hardwood floor · window
hardwood floor · closet · window
combined w/living · hardwood floor · window
hardwood floor · closet · window
laminate · separate room · window
laminate · 2 pc ensuite · w/o to yard
Listed at $899,900. Going by how homes in Rural King and the wider GTA have actually closed against their asking prices (about 96%, 13 local closings in 90 days), the likely sale price is near $861K, if it sells. A realistic range is $806K to $970K.
Independent value check: $760K. Without looking at the asking price, our model values the home itself about 15% below the ask (homes like it typically land between $713K and $797K).
Why $760K. The typical detached home sold in Rural King 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 $4,432 a year; the typical home sold here pays about $5,500.
- ▼ Lowers it stronglyIts lot is 168 by 231 ft; the typical lot sold here is 50 by 131.
- ▼ Lowers it2+1 bedrooms and 2 baths, against 3+2 and 3 typically.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
Total price vs nearby homes. Likely closing about $861K, from 13 recent closings in this pocket.
The market behind the math:
About 3 months of inventory: 13 detached homes for sale in the area against 13 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $1,000/sqft against an area asking average of $1,168/sqft.
- Walk-out basement apartment features. A finished 1 bed walk-out basement apartment. A self-contained space for extended family, guests or potential income. In Rural King basements rarely rent out (2 of 35 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the Town of King.
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 13 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.12M. Condition and finishes remain an in-person call.
What the listing highlights3 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Walk-out basement: natural light and strong in-law or income potential. Income potential
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Open-concept layout: modern, sought-after flow. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($1,000/sqft) is below the area, so you are paying for extra space rather than a premium.
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.
Based on 13 comparable homes that sold in Rural King over the past two years, from 110 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing 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 $760K, which is where my estimate comes from.
Per square foot, these ask about $903/sqft; this home lists at $1,000/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 7 active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in King: $1.81M in September 2026, down 10% from a year ago, on 183 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. King as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $2.20M | 17 |
| November 2025 | $2.25M | 22 |
| December 2025 | $1.90M | 12 |
| January 2026 | $1.82M | 9 |
| February 2026 | $2.26M | 8 |
| March 2026 | $1.91M | 16 |
| April 2026 | $1.60M | 14 |
| May 2026 | $1.80M | 21 |
| June 2026 | $2.57M | 15 |
| July 2026 | $2.00M | 15 |
| August 2026 | $1.83M | 17 |
| September 2026 | $1.81M | 17 |
Neighbourhood & 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) →
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 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.
Mortgage amount $719,920 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,981
- Property tax
- $369
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,350
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $14,473
- Estimated closing costs
- $14,473
Plus your down payment of $179,980. 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
- $238,834
- Principal paid down
- $87,961
- Interest paid
- $150,873
- Balance remaining
- $631,959
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
About the suite: in Rural King basements rarely rent out (2 of 35 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.
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 6 whole-home leases in Rural King signed at a median of $3,383 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,536. 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 ROYAL TEAM REALTY INC.. MLS®/PropTx.