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$2,425,000

0 Beds 0 Baths 10,366 SQFT 0.00 Acres
Type: Commercial

198 KING ROAD
Richmond Hill (Oak Ridges), ON L4E2W1

MLS#: N13877428
Rish Oberai
Rish Oberai
Condo Digs
Sales Representative
Phone: 647.669.9429
Office: 647.259.8806
Presented by: RIGHT AT HOME REALTY

Property 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. (id:7434)


 

Interior Features

Other Interior Features

Building Fireplace PresentFalse
Building Heating TypeBaseboard heaters
Living Area Range10,366 sqft

General

Building Cooling TypeNone
CommunityNameOak Ridges
Location DescriptionCross Streets: King Road And Yonge Street. ** Directions: King Road And Hughes St.
Property TypeRetail
Zoning DescriptionGC1

Additional Details

  

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$2,425,000

0 Beds 0 Baths 10,366 SQFT 0.00 Acres
Type: Commercial

198 KING ROAD
Richmond Hill (Oak Ridges), ON L4E2W1

MLS#: N13877428
Rish Oberai
Rish Oberai
Condo Digs
Sales Representative
Phone: 647.669.9429
Office: 647.259.8806
RE/MAX Condos Plus Corp. Brokerage
45 Harbour Sq. Toronto, ON M5J 2G4

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