198 King Road Richmond Hill, Ontario L4E 2W1
$2,425,000
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:21328)
Property Details
| MLS® Number | N13877428 |
| Property Type | Retail |
| Community Name | Oak Ridges |
Building
| Cooling Type | None |
| Heating Type | Baseboard Heaters |
| Size Exterior | 10366 Sqft |
| Size Interior | 10,366 Sqft |
| Utility Water | Municipal Water |
Parking
| Other |
Land
| Acreage | No |
| Size Depth | 148 Ft ,8 In |
| Size Frontage | 69 Ft ,7 In |
| Size Irregular | Bldg=69.62 X 148.67 Ft |
| Size Total Text | Bldg=69.62 X 148.67 Ft |
| Zoning Description | Gc1 |
https://www.realtor.ca/real-estate/30381880/198-king-road-richmond-hill-oak-ridges-oak-ridges
Contact Us
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
October 08 2026 07:04:25
Toronto Regional Real Estate Board
Right At Home Realty