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For Sale

198 King Road, Richmond Hill, ON L4E 2W1

$2,425,000

  • Commercial Retail
  • MLS® N13877428

Listing Brokerage: RIGHT AT HOME REALTY

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.

Property details

MLS® number
N13877428
Transaction
For Sale
Property type
Commercial
Style / use
Commercial Retail
Community
Oak Ridges
City
Richmond Hill
Building area
10366 Square Feet
Lot width
69.62 Feet
Lot depth
148.67 Feet
Heating
Baseboard
Cooling
No
Garage
Other
Taxes
$9,979.89
Tax year
2026
Retail area
1000
Listing brokerage
RIGHT AT HOME REALTY

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