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Home · Buy · King · 50 Dr Kay Drive, King, ON L0G 1T0
50 Dr Kay Drive, King, ON L0G 1T0
50 Dr Kay Drive, King, ON L0G 1T0
50 Dr Kay Drive, King, ON L0G 1T0
50 Dr Kay Drive, King, ON L0G 1T0
50 Dr Kay Drive, King, ON L0G 1T0+ 13 photos
For Sale · Sale Of Business

50 Dr Kay Drive, King, ON L0G 1T0

King · Schomberg
◷96 days on market
—
Beds
—
Baths
—
Parking
1200 sq ft
Sq ft
0-5 yrs
Built

About this home

Recently built commercial restaurant unit, presenting a rare opportunity for restaurant operators, franchise groups, and hospitality to own and operate in a high-growth, high-traffic retail corridor. Strategically located within a modern plaza at the prominent intersection of Highway 27 and Highway 9, this property offers exceptional visibility, strong exposure, and consistent customer traffic in a rapidly expanding trade area. Surrounded by major national and regional anchors including LCBO, Tim Hortons, McDonald's, Petro-Canada, and Foodland, the plaza benefits from constant brand-driven traffic and a built-in customer base. The area is further supported by dense and growing residential communities, making it an ideal location for dine-in, take-out, and delivery-focused restaurant concepts. The approximately 1,200 sq. ft. unit is currently operating as an Italian restaurant and take-out component and includes existing commercial kitchen infrastructure, including a hood and exhaust system, significantly reducing startup costs and build-out timelines. The efficient layout allows for easy conversion to other restaurant QSR concept, franchise operation, specialty cuisine, cafe, or ghost kitchen. This turnkey restaurant-ready space offers flexibility for owner-operators and investors seeking immediate operational potential, brand expansion, or long-term brand growth. Ample on-site parking is available for customers and staff. Exceptional opportunity to acquire a high-visibility restaurant in a proven, high-demand location with strong traffic fundamentals and long-term upside.$4700.00 incld TMI/HST, Term in till 2028 with additional extension available w/ landlord approval.

Property details

Listed on
June 11, 2026
Days on market
96 days
Property tax
$0 (2025)
Heating
Gas Forced Air Closed
Cooling
Yes
MLS®
N13433198

Full details

Parking
GarageNone

Property & sold history

Listing history
Date StartDate EndPriceStatusListing ID
June 11, 2026—$255,000For SaleN13433198
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Comparables

Gathering recent comparable sales nearby…

Run the numbers

True cost to close
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$2,300
Legal · title · inspection$2,800
Closing costs$5,100
Down payment$51,000
Total cash to close$56,100
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
$255,000
MLS® N13433198 · Listed by RE/MAX NOBLECORP REAL ESTATE
Call The Renavu Team
Shan Perinpanathan
Shan Perinpanathan
Real Estate Broker, ABR, SRS
416.655.4040
Pam Thiyagarajah
Pam Thiyagarajah
Sales Representative
416.436.0546
Ragu Rajaguru
Ragu Rajaguru
Real Estate Broker
416.712.2006
One team. No spam. We reach out once — when you ask.

Listing courtesy of RE/MAX NOBLECORP REAL ESTATE. Presented by Royal LePage Ignite Realty, Brokerage. Data provided by TRREB — deemed reliable but not guaranteed; for consumers' personal, non-commercial use. Listing information last updated June 11, 2026.

$255,000

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Neighbourhood market

The Schomberg market

How homes are selling here right now — sold data for July 2026.

Median sold · Schomberg
—
Homes sold · this month
1
99 days on market avg
Sold vs asking
92.4%
under asking — room to negotiate
Other median · King
—
12-month trend
See the full King market report →

Aggregate TRREB sold data. Neighbourhood figures with only a handful of sales are held back so no single sale is identifiable.

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Comparables

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