Frontside or backside of a home for 192 King Rd, Richmond Hill Ontario L4E 2W1
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Living room for 192 King Rd, Richmond Hill Ontario L4E 2W1
57 days on Market

192 King Rd, Richmond Hill, Ontario L4E 2W1

$1,899,000
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Detached
4 + 3
4
- sqft

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Highlights

Estimated Value$1,963,000*

Price/Sqft-

Est. Mortgage$8,155/mth

Tax Amount (2024)$7,295/yr

Days On Market57 days

*Last updated on: 24/10/04

Description

Welcome to an expansive 5300 sqft property that offers both comfortable living and excellent rental income potential. This versatile investment property features three separate living spaces of varying sizes, including one, two, and four-bedroom apartments, each with its own fully equipped kitchen and bathroom. The main house boasts 4 bedrooms, including a master suite on the main floor, two full bathrooms, a powder room, a dry sauna, and a jacuzzi. Full open conept kitchen with large island. The lower level features 2 apartments with open concept kitchen. The GC1 zoning allows for a wide range of business uses, such as medical clinics, health centers, professional offices, pet stores, veterinary clinics, day nurseries, art shops, bakeries, and funeral homes. With ample parking for 12 vehicles and just a 5-minute walk to Yonge Street and all amenities, this property is ideally located. Its also only a few steps to the bus station. Can be combined with 3 Hughes St from the backside for additional access. Whether youre looking to live in a spacious home while generating rental income or seeking a lucrative investment property, 192 King Road is a prime opportunity. The property's ample space and zoning flexibility make it perfect for a daycare or any of the other permitted businesses, enhancing its appeal and potential.


Property Details

StyleBungalow
View-
Age of property-
SqFt-
Lot Size10,350 SqFt(148.67 x 69.62)
Parking Spaces12
MLS ®NumberN9248181
Community NameOak Ridges
Data SourceTRREB

Features

Heating: Forced Air
Cooling: Central Air
Basement: Finished

Features

Lot size: 10,350 SqFt

Parking

Garage spaces 2

Garage type Detached

Other parking spaces 10

Total parking spaces 12


Property History

Now
ListedFor Salefor$1,899,000Active
57 days on market
Listing by trreb®
history photo preview39
Aug 9, 2024
ListedFor Salefor$1,399,000Terminated
Stayed 11 days on market
Listing by trreb®
history photo preview39
ListedFor Salefor$1,980,000Expired
Stayed 77 days on market
Listing by trreb®
history photo preview39
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Property listed by SOLTANIAN REAL ESTATE INC., Brokerage

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Market DataFor the past 30 days in Oak Ridges

Median Selling Price

$1,535,000

21.83% more than GTA:

$1,260,000

Median Bidding

Underbidding - Trending to buyer market

-$32,000

GTA median: -$27,000

Median Number of Sales

37 sales

2247 sales less than GTA:

2284 sales

Median Number of Days on Market

21 days

3 days more than GTA:

18 days

Want more insights?Visit the Market Pulse


Schools and amenities

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