





























Oak Ridges
$2,425,000
198 King Road
Richmond Hill, ON L4E 2W1
Listing courtesy of RIGHT AT HOME REALTY
About This Property
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
Location
Cross Street
King Road And Yonge Street
Community
Oak Ridges, Richmond Hill
Postal Code
L4E 2W1
Asking Price
$2,425,000
Information provided by the Toronto Regional Real Estate Board (TRREB). Not intended to solicit buyers or sellers currently under contract. E.&O.E.
Ready to Make a Move?
Book Your Private Showing Today
Ali Arbabi is available to arrange a private showing at your convenience. As a Richmond Hill REALTOR® with RE/MAX Hallmark Realty Ltd., Brokerage, he will guide you through every step of the process.
