147 days on Market

181 King Rd, Richmond Hill, Ontario L4E 2W1

Detached
5 + 1
5
~< 700 sqft
$3,899,900
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Detached
5 + 1
5
~< 700 sqft

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Highlights

Property Estimate

Days on market147 days

Estimated valueNot available

Price/Sqft$2,786/sqft

Monthly cost

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CMA Subject Property

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+17

Properties sold*

$1.6M

Median sold price*

*Based on last 30 days

Description

Incredible opportunity for multi-generation families and business owners alike. We have a versatile property located in the heart of York Region that is zoned GC2 Commercial Residential Mixed Use. This means you can bring both your business and your family to one prime location. The property is ideally situated with plenty of living space, work space, land, and electrical power, all in the heart of York Region. It benefits from the area's ongoing development and growth, making it a prime investment opportunity. Plus, it's perfectly located just steps from Yonge Street and York Region transit lines, with equal distance to Hwy 400 and Hwy 404 for easy commutes to and from downtown Toronto. The property includes a spacious 1400 sqft retail showroom featuring both 110v and 220v electrical to support diverse business needs, as well as a fully equipped lower level workshop with 400 Amp ready to handle your most demanding projects. On the residential side, the property offers 6 bedrooms, including 2 with private ensuites, ensuring ample privacy and comfort for everyone. There are 4 full bathrooms plus an additional 2-piece bath in the basement, complete with a shower rough-in for future expansion. The separate entrance from the walk-up basement offers tremendous potential for an extra unit or extended family accommodations. Additionally, there is a 2 oversized car garage and an extra heated workshop attached to the garage for even more workspace or storage. Don't miss this opportunity to own a versatile property that can accommodate all your personal and professional needs.


Property Details

Style2-Storey
View-
Age of property-
SqFt~< 700 SqFt
Lot Size28,075 SqFt(406.95 x 68.99)
Parking Spaces10
MLS ®NumberN12003877
Community NameOak Ridges
Data SourceTRREB
Listing byROYAL LEPAGE YOUR COMMUNITY REALTY

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Finished, Walk-Up

Ground Floor

Other

12.6 x 9.76

Broadloom

Dining

4.58 x 3.51

Broadloom / W/O To Deck / Combined W/Living

Kitchen

3.36 x 3.05

Ceramic Floor / Backsplash / Breakfast Bar

Office

4.12 x 3.36

Hardwood Floor


Features

Lot size: 28,075 SqFt

Parking

Garage spaces 10

Garage type Attached

Other parking spaces 0

Total parking spaces 10


Market Data - Oak Ridges

Geo Zone Map ThumbnailOak Ridges

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

34 days

Compared to

2024

13 days

2023

24 days

2022

19 days

New Listings

Past 30 days

66 listings

Compared to

2024

62 listings

2023

56 listings

2022

47 listings

Units sold

Past 30 days

16 units

Compared to

2024

17 units

2023

23 units

2022

22 units

Median Sold Price

Past 30 days

$1,502,500

Compared to

2024

$1,645,000

2023

$1,880,000

2022

$1,585,000


Population and Demographics

Overview

Total population 22974
Average household income $160,739

Age (%)

0 to 19
26%
20 to 34
16%
35 to 49
23%
50 to 64
23%
65 and plus
12%

Household composition (%)

Single family
83%
Single person
13%
Multi person
2%
Multi family
2%

Mother tongue (%)

English
51%
Mandarin
11%
Iranian Persian
10%
Yue (Cantonese)
6%
Russian
6%
Italian
5%
Arabic
2%
Korean
1%
Spanish
1%
Others
1%

House tenancy (%)

Owners
86%
Renters
14%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget