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Multi-Family for Sale in King
Neighbourhood: Schomberg
- MLS Number
- N13640120
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 18
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- King
- Lot Size
- 28 sqft
- Listing Brokerage
- REMAX YOUR COMMUNITY REALTY
A long, private driveway winds through nearly 28 acres of picturesque countryside, passing two spring-fed ponds, a children's playground, and a full soccer field before arriving at this spectacular stone bungalow estate. Offering the perfect blend of luxury country living and exceptional income potential, this one-of-a-kind property is unlike anything else on the market. The custom-built home features open-concept living with vaulted ceilings, a bright great room with walk-out to a covered lanai, a gourmet kitchen, and beautifully renovated main-floor bathrooms. The main level offers three spacious bedrooms, while the finished walk-out basement includes two additional bedrooms, a large recreation room with fireplace, built-in bar, and a lower-level dining area ideal for entertaining. Step outside to your private resort featuring a saltwater pool, waterfall, hot tub, poolside bar, and breath taking views of the surrounding landscape. A separate two-level, 6-car garage provides endless possibilities for collectors, hobbyists, storage, or a home gym. Additional features include radiant floor heating, central A/C, surround sound, and four gas fireplaces. Adding tremendous value is the property's rare commercially zoned contractor's yard, featuring approximately 36,000 sq.ft. of outdoor storage, a 6,500 sq.ft. heated garage/workshop with radiant floor heating, second-level office space, and extensive parking. The commercial building is currently leased on a month-to-month basis, generating $12,000 per month, with the tenant willing to remain for immediate income or vacate for an owner-user. Above the workshop is a spacious 1,200 sq.ft. one-bedroom apartment offering excellent additional rental income potential or ideal accommodation for extended family, a caretaker, or employees. Conveniently located just west of Hwy 27 and north of Hwy 9, minutes from Schomberg, this extraordinary estate combines executive living, investment income, and commercial flexibility in one.
Estimate your monthly payments for this property
Estimated Payment
$33,175.03/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Schomberg
Schomberg is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Schomberg
- •Convenient location in King
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Schomberg offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1065 20th Side Road, King
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $3750/sqft, this property is priced above the King average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Market Position
At 18 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in King.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
About Schomberg
I know Schomberg well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: King properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $31,250 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.