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1065 20th Side Road
homes for sale · King · Schomberg
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$6,800,000

1065 20th Side Road

Schomberg, King · MLS® N13640120

5454

House · Multi-family · 80 days on market

listed by SERGIO KHADEM, REMAX YOUR COMMUNITY REALTY

realtor's description

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.

property details

type
House, Multi-family
bedrooms
5
bathrooms
4
parking
54
property tax
$25,043 / yr
days on market
80
MLS®
N13640120

features

  • Lighting
  • Paved yard
  • Carpet Free
  • Fishing
  • Washer
  • Refrigerator

monthly cost

$31,714/mo
Mortgage $29,627 · Tax $2,087

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$29,627/ monthly
loan $5,440,000
25-year amortization
total interest
$3,448,084
cash to close
$1,360,000
down payment; transfer tax and fees not included
total paid
$8,888,084

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Schomberg, KingGoogle Maps ↗

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listed by
SERGIO KHADEM
REMAX YOUR COMMUNITY REALTY
call SERGIO · 416-897-9183
Powered by: REALTOR.ca

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location

Schomberg, KingGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

17305 10th  Concession, King
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House
$5,999,000
4methe deep dive
17305 10th Concession
Schomberg, King84 days on market
listed by HOMELIFE LANDMARK REALTY INC.
3210
MLS® N13628920