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Home ON Greater Toronto Area Richmond Hill Oak Ridges
181 KING ROAD
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181 KING ROAD $3,988,000
$3,988,000
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181 KING ROAD
Richmond Hill (Oak Ridges), Ontario L4E2W1

MLS® Number: N9250847

Listing 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. **** EXTRAS **** all heating and cooling equipment. All electric light fixtures andf window covering. (36532788)

Location Description

Yonget st/King rd

Property Summary

Property Type
Retail
Community Name
Oak Ridges
Land Size
Bldg=68.99 x 406.95 FT
Annual Property Taxes
$13,213.51
Time on REALTOR.ca
95 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Other (Natural gas)
Utilities
Water
Municipal water

Measurements

Square Footage
4600 sqft
Exterior Building Size
4600 sqft

Land

Lot Features
Frontage
68 ft ,11 in
Land Depth
406 ft ,11 in
Other Property Information
Zoning Description
Residential/commercial
Farm Features
Farm Type
Other
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
BENY SPENSIERI