75 Jessop Avenue, King, ON

Schomberg, King · MLS® N14009548

$899,000
For Sale
Listed 6 days agoNo offer date stated
2+2Bedrooms
3Bathrooms
1Garage · 3 parking
700-1100Sq ft

About this home

In short

  • Rarely offered bungalow in the highly sought-after community of Schomberg.
  • Well appointed and meticulously maintained, this 2+2 bedroom, 3 full bath home is ready for families of all shapes and sizes.
  • The large, open family room is flooded with natural light and features upgraded hardwood floors.
  • The second bedroom features a vaulted ceiling, full closet, large window, and convenient access to the second full bath.
  • Set on a quiet crescent in Schomberg's most desirable pocket, steps to parks and green space for an active lifestyle.

Rarely offered bungalow in the highly sought-after community of Schomberg. Well appointed and meticulously maintained, this 2+2 bedroom, 3 full bath home is ready for families of all shapes and sizes. Warm, welcoming, and beautifully landscaped, it's move-in ready and leaves nothing to be desired.The large, open family room is flooded with natural light and features upgraded hardwood floors. The spacious eat-in kitchen offers stone counters and a walkout to a 3-season sunroom and the backyard. The generous primary bedroom includes extra closet space, a large window, and an ensuite with walk-in tub. The second bedroom features a vaulted ceiling, full closet, large window, and convenient access to the second full bath.The lower level, with direct access from the garage/laundry room, functions easily as a nanny or in-law suite, with 2 bedrooms with closets, a full bath with stand-up shower, and a full-sized rec room. Plus significant basement storage.Set on a quiet crescent in Schomberg's most desirable pocket, steps to parks and green space for an active lifestyle. Just off Hwy 27 with excellent access to Hwy 400, Vaughan, Newmarket, shops, restaurants, and everything that makes Schomberg the place to be. Truly turn-key. Move in and start living!

Key facts

Property type
Townhouse, Bungalow
MLS®
N14009548
Bedrooms
2+2 (4 total)
Bathrooms
3
Size
700-1100 sq ft
Lot
18.04 × 82.02 ft
Cross streets
Dr Kay Drive & Hwy 27
Parking
1 garage · 3 parking (built-in)
Basement
Finished, Full
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Vinyl Siding
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,038 / 2025
Days on market
6
Listing brokerage
THE LIND REALTY TEAM INC.
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

Neighbourhood & location

Schomberg, King, ON

CommuteTime from this home to where you spend your day

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Nearby neighbourhoods

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

Nobleton
$1.15M
King City
$1.21M

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
$4,097/mo
$170KIncome needed
5.3×Price ÷ income
$946Weekly cost
$14,455Land 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.

92%mortgage
Mortgage $4,097Property tax $336Total carry $4,434

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)
$3,977per month

Mortgage amount $719,200 · 4.49% over 25 years

$179,800Down payment (20.0%)
$719,200Loan before insurance
$0CMHC premium
$4,313Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,977
Property tax
$337
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,313

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

6.49%Qualifying rate
$4,813/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

$473,774Total interest paid
$1,192,974Total of all payments
Principal $719,200 Interest $473,774
YearPrincipalInterestBalance
1$16,049$31,669$703,151
2$16,778$30,941$686,372
3$17,540$30,179$668,832
4$18,336$29,383$650,496
5$19,169$28,550$631,327
6$20,039$27,680$611,288
7$20,949$26,770$590,339
8$21,900$25,819$568,438
9$22,895$24,824$545,544
10$23,934$23,785$521,609
11$25,021$22,698$496,589
12$26,157$21,562$470,432
13$27,345$20,374$443,087
14$28,586$19,133$414,501
15$29,884$17,835$384,617
16$31,241$16,478$353,376
17$32,659$15,060$320,717
18$34,142$13,577$286,575
19$35,692$12,027$250,882
20$37,313$10,406$213,569
21$39,007$8,712$174,562
22$40,778$6,941$133,784
23$42,630$5,089$91,154
24$44,565$3,154$46,589
25$46,589$1,130$0

At the end of your 5-year term

Total paid over the term
$238,595
Principal paid down
$87,873
Interest paid
$150,722
Balance remaining
$631,327

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.

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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%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.

1.9%
Gross yield
− Property tax $4,038− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $10,048

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

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