REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 3,899,900
Est. payment /mo
New
181 King RD Richmond Hill, ON L4E 2W1
5 Beds
5 Baths
UPDATED:
03/06/2025 03:55 PM
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Subdivision Oak Ridges
MLS Listing ID N12003877
Style 2-Storey
Bedrooms 5
Annual Tax Amount $13,213
Tax Year 2024
Property Sub-Type Detached
Property Description
Incredible opportunity for multi-generation families and business owners alike. We have a versatile property located in the heart of York Region that is zoned GC2 Commercial Residential Mixed Use. This means you can bring both your business and your family to one prime location. The property is ideally situated with plenty of living space, work space, land, and electrical power, all in the heart of York Region. It benefits from the area's ongoing development and growth, making it a prime investment opportunity. Plus, it's perfectly located just steps from Yonge Street and York Region transit lines, with equal distance to Hwy 400 and Hwy 404 for easy commutes to and from downtown Toronto. The property includes a spacious 1400 sqft retail showroom featuring both 110v and 220v electrical to support diverse business needs, as well as a fully equipped lower level workshop with 400 Amp ready to handle your most demanding projects. On the residential side, the property offers 6 bedrooms, including 2 with private ensuites, ensuring ample privacy and comfort for everyone. There are 4 full bathrooms plus an additional 2-piece bath in the basement, complete with a shower rough-in for future expansion. The separate entrance from the walk-up basement offers tremendous potential for an extra unit or extended family accommodations. Additionally, there is a 2 oversized car garage and an extra heated workshop attached to the garage for even more workspace or storage. The original owners are looking to retire and are seeking a 6-12 month rent-back lease agreement, ensuring immediate rental income upon closing. Don't miss this opportunity to own a versatile property that can accommodate all your personal and professional needs.
Location
Province ON
County York
Community Oak Ridges
Area York
Rooms
Family Room Yes
Basement Finished, Walk-Up
Kitchen 1
Separate Den/Office 1
Interior
Interior Features Other
Cooling Central Air
Fireplace Yes
Heat Source Gas
Exterior
Parking Features Available
Garage Spaces 10.0
Pool None
Roof Type Unknown
Lot Frontage 68.99
Lot Depth 406.95
Total Parking Spaces 10
Building
Foundation Unknown
Others
Virtual Tour https://drive.google.com/file/d/1FXhqD4VfBX7cVuv0WBRbIIsnsqhg92m8/view?usp=drive_link
Listed by ROYAL LEPAGE YOUR COMMUNITY REALTY