614-149 Church Street, King, ON

Schomberg, King · MLS® N13869152

$565,000
For Sale
Listed 13 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • Welcome to your perfect oasis in the Heart of Schomberg.
  • This Beautiful 2 bedroom, 2 Bath unit is situated on 4 Breathtaking Acres.
  • Commuting is a breeze with easy access to HWY #9, #27 and #400.
  • Enjoy Luxury amenities at your Fingertips, including a Gym, Indoor pool and Party room.

Welcome to your perfect oasis in the Heart of Schomberg! This Beautiful 2 bedroom, 2 Bath unit is situated on 4 Breathtaking Acres. Whether you are looking to Downsize or are a First- Time home Buyer. This move in ready unit has everything you need to start living your best life in one of the most sought-after communities in King Township with convenient access to Schools, shopping, Downtown Restaurants and walking paths. Commuting is a breeze with easy access to HWY #9, #27 and #400. Enjoy Luxury amenities at your Fingertips, including a Gym, Indoor pool and Party room.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13869152
Bedrooms
2
Bathrooms
2
Size
900-999 sq ft
Cross streets
HWY 27 & HWY 9
Parking
1 garage (surface)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Stucco (Plaster)
Maintenance
$735/mo
Exposure
South East
Property tax
$3,311 / 2025
Days on market
13
Listing brokerage
HOMELIFE SILVERCITY REALTY INC.

Rooms

Living RoomMain5.18 × 3.66 m

laminate · combined w/dining · w/o to balcony

Bedroom 2Main3.35 × 3.05 m

laminate · window

Primary BedroomMain3.96 × 3.09 m

laminate · ensuite bath · walk-in closet(s)

KitchenMain1.83 × 1.22 m

granite counters · stainless steel appl

Dining RoomMain5.18 × 3.66 m

laminate · combined w/living

Our TakeTeam Asgarian · Broker
In line with recent sales
$550Kautomated estimate, from recent sales

Listed at $565,000, about 3% above our estimate of $550K (homes like it typically land between $512K and $578K).

List price
$512KBelow our range$578KAbove our range

Total price vs nearby homes. Fair value about $550K, learned from recent GTA sales.

The market behind the math:

13days on market so far
This home
Below area avgAbove area avg

Price per square foot: this home lists at $595/sqft against an area asking average of $547/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 and this building.

It never sees the asking price. The 14 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $516K. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

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

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Read this with carewhy it’s an estimate, not an appraisal

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

Based on 14 comparable homes that sold in Schomberg over the past two years, from 14 closings there.

What sellers nearby are askingCurrently listed nearby in Schomberg · asking prices
$532kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $550K, which is where my estimate comes from.

Per square foot, these ask about $535/sqft; this home lists at $595/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
565kThis home510k699k490k430kThis 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.

King City
$630K

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

Affordability
$2,575/mo
$124KIncome needed
4.5×Price ÷ income
$594Weekly cost
$7,775Land 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.

72%mortgage
Mortgage $2,575Property tax $276Condo fee $735Total carry $3,586

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,499per month

Mortgage amount $452,000 · 4.49% over 25 years

$113,000Down payment (20.0%)
$452,000Loan before insurance
$0CMHC premium
$3,510Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,499
Property tax
$276
Condo / maintenance fees
$735
Heating
$0
Estimated monthly cost
$3,510

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

One-time closing costs

Ontario land transfer tax
$7,775
Estimated closing costs
$7,775

Plus your down payment of $113,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,025/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

$297,756Total interest paid
$749,756Total of all payments
Principal $452,000 Interest $297,756
YearPrincipalInterestBalance
1$10,087$19,904$441,913
2$10,545$19,446$431,369
3$11,023$18,967$420,345
4$11,524$18,466$408,821
5$12,047$17,943$396,774
6$12,594$17,396$384,180
7$13,166$16,824$371,014
8$13,764$16,226$357,250
9$14,389$15,601$342,861
10$15,042$14,948$327,819
11$15,725$14,265$312,094
12$16,439$13,551$295,655
13$17,185$12,805$278,470
14$17,966$12,025$260,504
15$18,781$11,209$241,723
16$19,634$10,356$222,088
17$20,526$9,465$201,563
18$21,458$8,533$180,105
19$22,432$7,558$157,673
20$23,450$6,540$134,223
21$24,515$5,475$109,708
22$25,628$4,362$84,080
23$26,792$3,198$57,288
24$28,008$1,982$29,280
25$29,280$710$0

At the end of your 5-year term

Total paid over the term
$149,951
Principal paid down
$55,226
Interest paid
$94,725
Balance remaining
$396,774

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$3,050/mo
$36,600Gross annual rent
3.5%Cap rate after taxes and upkeep

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.

6.5%
Gross yield
− Property tax $3,311− Condo fees $8,823− Insurance $600− Vacancy & upkeep $4,026Net operating income $19,840

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

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