6162 Highway 9, King

$1,289,900
6162 Highway 9

$1,289,900

New
23d
DetachedBungalow

6162 Highway 9, King

Total Monthly Obligation $6,001

Beds
5
Baths
2
Park
5
Sqft
1500-2000
DOM
23d
Score
15
Yield
3.3%
Cash on Cash
-8.8%
Cap Rate
2.7%
5Y IRR
8.6%
10Y IRR
9.2%
Property Type-Detached
MLS® Number-N13846090
Beds-5
Bathrooms-2
Size-1500-2000 sqft
Lot Size-200 × 132.87 ft
Listed on site-Sep 30, 2026
Style-Bungalow
Building Type-Detached
Taxes-$5,076.13 (2025)
Parking-6 - Attached
Basement-Finished with Walk-Out, Finished
Heating-Forced Air (Gas)
Brokerage-REMAX YOUR COMMUNITY REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Other
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Septic
Possession-TBA
Neighbourhood-Schomberg
Title-Residential Freehold

No agent assigned

SCHOMBERG BEAUTY! Looking for a Country Home within walking distance to all amenities? STOP! LOOK! You have found it right here!! It's a rare find! Well kept 3+2 bedroom Bungalow with 3100 Sq. Ft. of living area including finished walk-out basement and is situated on a 200x132.87 Ft lot. 0.61 of an acre. Prime property. With a warm sense of Community, it is situated within walking distance to the quaint Village of Schomberg, with Schools, Parks, Restaurants, Community Center and Shopping. This Bungalow has many uses. It provides all the elements for comfortable retirement and relaxation, or raising your young family, or for the contractor, requiring a home and large lot to store his business equipment. It boasts a well laid out main floor plan with spacious kitchen, Formal Living room, Family Room with fireplace, Dining room, three nice size bedrooms, large four piece bathroom and foyer with double and single door coat closets. The large finished walkout lower level has a gas fireplace. Rent out! or retain for your own use. Extremely bright home with extra large windows throughout, bringing the beauty of the outdoors within. It has Masonite Shadow Vent siding exterior surround and oversized one car garage. The oversized one car garage has a door to the main floor, side entrance door, and an abundance of storage area closed off with two separate man doors.Do not wait! Wont Iast! Agents book your appointment for your clients to view today. **EXTRAS** New air conditioning 2023, new furnace 2015, roof new in 2012, Main floor windows replaced.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$1,031,920
Land Transfer Taxes$22,273
Legal Fees (Est.)
$
Total cash required for closing$281,753

Total Monthly Obligation

$6,001/mo
Mortgage $5,203
Monthly Loss $4,632
Principal$1,369
Interest$3,834
Property Tax$423
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.2%0
5-Year IRR
6.0%14
10-Year IRR
7.4%
Returns Index
8.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$42,480/yr
NOI
$28,656/yr
Net Cash Flow
-$2,815/mo
Cash Margin
-79.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.464
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo25
Risk Index
15.7/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 6162 Highway 9

Time

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Data last updated within the past 24 hours.