181 King Road No longer available

Richmond Hill, Oak Ridges, L4E 2W1

$3,988,000

Description

Listed by TRI-HOME REAL ESTATE LTD..

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.

all heating and cooling equipment, fridge, stove, dishwasher, all electric light fixtures.

Location

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  • Address: 181 King Road
  • Neighborhood: Oak Ridges
  • City: Richmond Hill
  • State: Ontario
  • Postal Code: L4E 2W1

Property Details

  • Property ID: N9250988
  • Property Price: $3,988,000
  • Style: Detached, 2-Storey
  • Sq/Ft: 3500-5000
  • Rooms: 12
  • Bedrooms: 5+1
  • Bath: 5
  • Garages Spaces: 2
  • Garage: Detached
  • Parking Spaces: 12
  • Year Built: 31-50
  • A/C: Central Air
  • Basement: Finished, Walk-Up
  • Den: Y
  • Elevator: N
  • Exterior: Brick
  • Heating: Forced Air
  • Fireplace: Y
  • Taxes: $13,213.51 (2023)
  • Acreage: .50-1.99 Acres
  • Lot: 406.95x68.99 (Feet)

Room details and dimensions

Statistics for similar Detached homes in Oak Ridges

The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.

Average days on market for similar Detached homes in Oak Ridges

The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.

Number of transactions for similar Detached homes in Oak Ridges

Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 576 - 2100