$2,425,000
( $233.94Per Sq Foot )
 $13,018 est/mo Sourced by Back At You

198 King Road,Richmond Hill, ON L4E 2W1

Richmond Hill, ON L4E 2W1

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Description

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.

Details

MLS #N13877428
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Year0
Days On Site12
Listing Provided ByRIGHT AT HOME REALTY | N13877428 062207

Features

SQ Feet10,366
Acreage0.24

Interior

CoolingNo

Exterior

Security FeaturesNo

Utilities

UtilitiesAvailable

Taxes

Tax Annual Amount9979.89
Tax TypeAnnual
Tax Legal DescriptionPT LT 26 PL 202 KING; PT LT 27 PL 202 KING AS IN R218078, EXCEPT PT 4 EXPROP PL B87881B, T/W R218078, S/T INTEREST IN R218078, IF ANY; S/T RIGHT IN A40655A, A40912A, A65833A, R218078 ; RICHMOND HILL
Tax Year2026

Area Information

ProvinceON
CountyYork
CityRichmond Hill
Postal CodeL4E 2W1
AreaOak Ridges
Listing VS Median (in L4E 2W1)
Price:
$2,425,000
low | high
Med:
$2,425,000
50% of Average
sqft:
10,366
low | high
Med:
10,366
50% of Average
$ / sqft:
$234
low | high
Med:
$234
50% of Average
On site:
12
low | high
Med:
12
100% of Average
Sourced by Back At You

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Additional Information

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Learn More About This Property

TROY DECAIRE

TROY DECAIRE

Coldwell Banker The Real Estate Centre

 (905) 967-4663troy@troydecaire.com
ProvinceON
CountyYork
CityRichmond Hill
Postal CodeL4E 2W1
AreaOak Ridges
Listing VS Median (in L4E 2W1)
Price:
$2,425,000
low | high
Med:
$2,425,000
50% of Average
sqft:
10,366
low | high
Med:
10,366
50% of Average
$ / sqft:
$234
low | high
Med:
$234
50% of Average
On site:
12
low | high
Med:
12
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.818M - $3.31M
sqft: 7,500 - 12,500
Nearby Listings Property ImageNearby Listings Details
186 KING Road Property Photo 1
$2,750,000
186 King Road
Richmond Hill, ON L4E 2W1
Listing Updated: October 8, 2026 at 7:09:04 PM PDT

Troy DeCaire - Coldwell Banker The Real Estate Centre