Active

181 King Rd

Richmond Hill Ontario, L4E 2W1

C$3,988,000


Active

6 Beds

5 Baths

Residential

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.

N9250988

MLS ID

November 22, 2024

Updated

Map

181 King Rd
Richmond Hill Ontario, L4E 2W1

Interior Features

Bedrooms

6


Total Bathrooms

5


Laundry Description

Lower


Fireplace

Yes


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air, Gas

Exterior/Building Features

Lot Size

0.64 Acres


Sewer

Sewers

Other Property Details

Area Name

Oak Ridges


Taxes

$13,214


Tax Frequency

Annually


Garage

Yes


Garage Spaces

2


Parking

Detached


Parking Total

12


View

No


County

Ontario


Municipality

Richmond Hill


Water Source

Municipal


Pool

No


Pool Features

None


Zoning

67% residential and 33% Commercial

Listing History

Date

Event

Price

9/17/2024

Price change

$3,988,000

398799900%

 

Courtesy of Listed by , TRI-HOME REAL ESTATE LTD.,

Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.

©2024 Toronto Real Estate Board. All rights reserved. 

Data last updated 3:00 PM UTC, 11/22/2024

 

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