$1.4 mln - 4 Bedroom - House in Richmond Hill,ON - 186 King Rd | HomeSmile
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listed 12 days ago
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listed 12 days ago
$1,399,000AI EST: -3.8% $1,346K Valuation info
186 King Rd
4
bedrooms
2
bathrooms
10
parking spaces

Description

Don't miss this exceptional opportunity! This property, featuring GC1 zoning for both commercial and residential use, is in a prime location. Rental Income from second floor 2 apartments with 2 bedrooms each with 1000 sqft upstairs. The building is in excellent shape, making it a fantastic investment. Steps from Yonge St and King Rd, it is surrounded by golf clubs, parks, and lakes, and is within walking distance to Yonge St, transit, and all amenities. The property also offers easy access to Hwy 404 and Yonge St, enhancing its convenience and appeal. As an added bonus, the adjacent property at 192 King Rd & 3 Hughes is for sale, providing a unique chance to combine both properties for future development, Mid Rise, day care etc.( buyer should verify with the city) Act now to secure this prime piece of real estate! The current zoning designation allows for a variety of commercial uses, such as professional and medical offices, veterinary clinics, day nurseries, personal service shops, and health centers. This property also offers potential for development.
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Sold history


General Info

4 bedroom detached house in Richmond Hill
186 King Rd, MLS: N9031208

Style | Type
2-storey | detached
Lot Width
56.0 ft
Lot Length
146.1 ft

Rooms

Bedrooms
4
Total Rooms
7
Bathrooms
2

Parking

Garage spaces
0
Total spaces
10
Driveway
private

Financial info

Taxes
$6,110 / 2024

Additional info

Fireplace/Stove
none
Heating
forced air
Cooling
central air
Extras
amazing investment opporunity! zoning allows for both commercial and residential use in this prime location.

Other

Possession Details
tba
Exterior Finish
brick
Listing Brokerage
soltanian real estate inc.
Listing Sub-Area
oak ridges

Listing Information

Listed Price
$1,399,000
Listed date
10 jul 2024
Days On The Market
12
Status
sold conditionally
HomeSmile AI estimate
$1,345,820 Valuation info
FOR SALE
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