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    For Sale - 198 King Road, Richmond Hill, Ontario

    Est payment $11,645/mo
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    Views   1
    Time on Jump  1 days

    AI Summary *

    • Prime corner property with excellent visibility in Oak Ridges.
    • General Commercial zoning allows for a variety of business options.
    • Existing bungalow offers renovation potential for rental income.
    • Strategically positioned for easy access from main roads.
    • Great opportunity for long-term investment and redevelopment potential.




    Attention developers, investors, builders & business owners! Exceptional investment & redevelopment opportunity in prime oak ridges! Discover a rare opportunity to secure a prominent corner property in the heart of oak ridges, offering excellent visibility, strategic positioning, and potential access from both king road and hughes avenue. Designated gc1 (general commercial) zoning, the property offers a wide range of permitted commercial uses, including medical and dental clinics, financial institutions, professional offices, veterinary clinics, pet stores, daycare facilities, personal service businesses, laundromats, health centers, photography studios, and more, subject to applicable zoning provisions and municipal approvals. The property currently features an existing bungalow with renovation potential, presenting an opportunity to generate rental or holding income while exploring future commercial development or redevelopment possibilities. A rare combination of location, exposure, commercial zoning & long-term investment potential! Ideal for developers, investors, entrepreneurs, professionals, and owner-users seeking to capitalize on a strategically located property in the growing oak ridges community. Invest today. Generate income. Unlock tomorrow's potential! Buyer and buyer's agent to independently verify zoning, permitted uses, access, redevelopment potential, and all applicable municipal requirements and approvals.
    Listing IDN13877428
    Address198 King Road
    CityRichmond Hill, Ontario
    Price$2,425,000
    StyleCommercial Retail
    Land Size10365.64
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailHeating / Cooling Baseboard

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    * Data is provided courtesy of PROPTX. 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. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    198 King Road
    Richmond Hill , Ontario
    $2,425,000
    Get more info