Listed by Soltanian Real Estate Inc..

186 King Road is a Detached, 2-Storey and is currently for Sale @ $1,399,000. Taxes in 2024 were $6,110.00.

More homes for sale under 1.4M in Richmond Hill

Don't miss this exceptional opportunity! This property, featuring GC1 zoning for both commercial and residential use, is in a prime location. The 2-Storey on 186 King Road has 4 bedrooms, 2 bathrooms, and is located on a 146.11 x 56.00 ft lot in the community of Oak Ridges . 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.

Amazing investment opporunity! Zoning allows for both commercial and residential use in this prime location.

The address 186 King Road was listed for sale (MLS# N9031208) on Wednesday, July 10, 2024.