20 days on Market

181 King Rd, Richmond Hill, Ontario L4E 2W1

Other
-
-
~27608 sqft
$3,899,900
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Other
-
-
~27608 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$141/sqft

Est. Mortgage$16,748/mo

Tax Amount (2024)$13,214/yr

Days On Market20 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

StyleMulti-Use
View-
Age of property-
SqFt~27608 SqFt
Lot Size28,075 SqFt(406.95 x 68.99)
Parking Spaces-
MLS ®NumberN12005664
Community NameOak Ridges
Data SourceTRREB
Listing byROYAL LEPAGE YOUR COMMUNITY REALTY

Features

Heating: Gas Forced Air Open
Cooling: Y

Features

Lot size: 28,075 SqFt

Property listed by ROYAL LEPAGE YOUR COMMUNITY REALTY, Brokerage

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Population and Demographics

Overview

Total population 22974
Average household income $160,739

Age (%)

0 to 19
26%
50 to 64
23%
35 to 49
23%
20 to 34
16%
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%

Schools and amenities

Estimated Budget