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21 days on Market

181 King Rd, Richmond Hill, Ontario L4E 2W1

$1
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Detached
5 + 1
5
~3500-5000 sqft

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Highlights

Estimated Value$2,904,000*

Price/Sqft$0/sqft

Est. Mortgage$0/mth

Tax Amount (2023)$13,214/yr

Days On Market21 days

*Last updated on: 24/09/01

Description

ATTENTION MULTI GENERATION FAMILIES and BUSINESS OWNERSZoned GC2 Commercial Residential Mixed UseBring your business AND your family. Ideally located in the heart of York Region, this versatile property is designed for those who need both a thriving business environment and a welcoming home for family,and extended family. Plenty of living space, work space, land, and electrical power all in the heart of York Region.Investment Potential Benefit from the areas ongoing development and growth, positioning this property as a prime investment opportunity.Perfectly located steps to Yonge Street and York Region transit lines. Equal distance to Hwy 400 and Hwy 404 for easy direct commutes to and from downtown Toronto.This property includes:Commercial Space -spacious 1400 sqft retail showroom featuring both 110v and 220v electrical to support diverse business needs- fully equipped lower level workshop, 400 Amp ready to handle your most demanding projectsResidential Space- 6 bedrooms, including 2 with private ensuites, ensuring ample privacy and comfort for everyone- 4 full bathrooms plus an additional 2-piece bath in basement, complete with shower rough-in for future expansion- separate entrance from walk-up basement offers tremendous potential for an extra unit or extended family accommodations- 2 oversized car garage- extra heated workshop attached to garage for even more work space or storageThe original owners are looking to retire and are seeking a 6-12 month rent-back lease agreement, ensuring immediate rental income upon closing.Dont miss this opportunity to own a versatile property that can accommodate all your personal and professional needs.


Property Details

Style2-Storey
View-
Age of property31-50
SqFt~3500-5000 SqFt
Lot Size28,075 SqFt(406.95 x 68.99)
Parking Spaces12
MLS ®NumberN9250988
Community NameOak Ridges
Data SourceTRREB

Features

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

Ground Floor

Living

5.33 x 3.81

Broadloom / French Doors / Combined W/Dining

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

Breakfast

3.05 x 2.60

Ceramic Floor / Combined W/Kitchen / O/Looks Backyard


Features

Lot size: 28,075 SqFt

Parking

Garage spaces 2

Garage type Detached

Other parking spaces 10

Total parking spaces 12


Property History

Now
ListedFor Salefor$1Active
21 days on market
Listing by trreb®
history photo preview16
Jun 20, 2024
ListedFor Salefor$4,288,000Terminated
Stayed 87 days on market
Listing by trreb®
history photo preview2
Mar 11, 2024
ListedFor Salefor$4,288,000Terminated
Stayed 32 days on market
Listing by trreb®
history photo preview40
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Property listed by TRI-HOME REAL ESTATE LTD., Brokerage

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Market DataFor the past 30 days in Oak Ridges

Median Selling Price

$1,595,000

23.75% more than GTA:

$1,288,888

Median Bidding

Underbidding - Trending to buyer market

-$30,000

GTA median: -$34,900

Median Number of Sales

41 sales

1915 sales less than GTA:

1956 sales

Median Number of Days on Market

15 days

10 days less than GTA:

25 days

Want more insights?Visit the Market Pulse


Schools and amenities

Estimated Budget