Homula Realty Brokerage
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17250 Highway 27 8, King, ON L0G 1T0

Commercial Retail
$195,000

ATTENTION INVESTORS & ENTREPRENEURS! A RARE BUSINESS OPPORTUNITY IN THE HEART OF SCHOMBERG! Here's your opportunity to acquire a highly established dry cleaning, alterations, and specialty garment-care business with over 40 years of history in the community-and the current owner has successfully owned & operated it for the past 9 years. Prime Highway 9 & Highway 27 Location Positioned in a busy outdoor plaza with exceptional visibility and exposure to thousands of commuters every day, along with a strong base of surrounding residents. BUSINESS HIGHLIGHTS: Established business with 40+ years of community history Same owner for the past 9 years Prime, highly visible location Professional alteration & stitching services Specialized horse blanket cleaning & repair Previously operated as a full dry-cleaning plant Potential to restore full plant operations for the right investor Ample space and opportunity to introduce a laundromat-a service currently needed in the area No direct local & surrounding competition Opportunity to expand into shoe repair and additional garment-care services UNLOCK THE POTENTIAL: This isn't simply a business-it's an opportunity to build upon an established foundation and expand into multiple revenue streams. Perfect for an entrepreneur, family, couple, investor, or experienced operator looking to take an established operation to the next level of growth and profitability. With an established customer base, prime exposure, decades of community presence, and significant untapped potential, this could be the opportunity you've been waiting for. Opportunities like this don't come to market often-reach out today to learn more and explore the possibilities!

MLS number
N13715216
Type
Commercial Retail
Status
Active
Bedrooms
—
Bathrooms
—
Postal code
L0G 1T0
Photos
35
17days · this listing
17days · this property

This property has not been relisted in the last two years, so both counts are the same. Where they differ, the second adds up earlier listings at this address that ended without a sale.

Listing history

No previous listings found for this address.

Where this home is

Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.

Approximate — placed from the postal code, which can cover a block or more.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

School boundaries are not shown for this listingWe could only place this address to its postal code, which can cover a block or more, and school boundaries often run down the middle of a street. Naming a school boundary from a position that loose would be a guess about a school, so we don’t. Use the board’s own address lookup for this one.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
St Patrick Catholic Elementary School
York CDSB
Elementary1.0 km7.9 / 10
79% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 798 people.

$107,000Median household income
75.7%Own their home
54.9%Detached houses
49.2Median age
13.9%Born outside Canada
28.6%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35191164 — the few blocks around this address, home to 798 people. It describes the area, not this property.

798Population
45.2Average age
2.3Household size
$131,500Average household income
$107,000Median household income
76%Own their home
24%Rent
35%Condominiums
14%Born outside Canada
29%University degree
$1,150,000Average home value
7%Low income
43%Not in the labour force
26%Never married
$20,000 to $24,9995%
$25,000 to $29,9992%
$30,000 to $34,9992%
$35,000 to $39,9992%
$40,000 to $44,9992%
$45,000 to $49,9992%
$50,000 to $59,9994%
$60,000 to $69,9994%
$70,000 to $79,9994%
$80,000 to $89,9994%
$90,000 to $99,9993%
$100,000 and over35%
$100,000 to $124,9997%
$125,000 to $149,9995%
$150,000 to $199,9998%
$200,000 and over13%

Percentages are of the 535 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$39,000 · minimum here is $9,750
$863.42per month
Borrowed before insurance$156,000
Total borrowed$156,000
Interest over 25 years at 4.5%$103,025

If you rented it out

Monthly rent starts from a rule of thumb — two per cent of the asking price a year — because no comparable lease was found nearby. Change it to anything you like.

-$538.42per month out of pocket
Rent$325.00
Everything it costs to hold$863.42
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by COLDWELL BANKER RONAN REALTY. Listing data provided by the Toronto Regional Real Estate Board.