Incredible opportunity for multi-generation families and business owners alike. We have a versatile property located in the heart of York Region that is zoned GC2 Commercial Residential Mixed Use. This means you can bring both your business and your family to one prime location. The property is ideally situated with plenty of living space, work space, land, and electrical power, all in the heart of York Region. It benefits from the area's ongoing development and growth, making it a prime investment opportunity. Plus, it's perfectly located just steps from Yonge Street and York Region transit lines, with equal distance to Hwy 400 and Hwy 404 for easy commutes to and from downtown Toronto. The property includes a spacious 1400 sqft retail showroom featuring both 110v and 220v electrical to support diverse business needs, as well as a fully equipped lower level workshop with 400 Amp ready to handle your most demanding projects. On the residential side, the property offers 6 bedrooms, including 2 with private ensuites, ensuring ample privacy and comfort for everyone. There are 4 full bathrooms plus an additional 2-piece bath in the basement, complete with a shower rough-in for future expansion. The separate entrance from the walk-up basement offers tremendous potential for an extra unit or extended family accommodations. Additionally, there is a 2 oversized car garage and an extra heated workshop attached to the garage for even more workspace or storage. The original owners are looking to retire and are seeking a 6-12 month rent-back lease agreement, ensuring immediate rental income upon closing. Don't miss this opportunity to own a versatile property that can accommodate all your personal and professional needs.
Address
181 King Rd
List Price
$3,899,900
Property Type
Free
Type of Dwelling
Detached
Style of Home
2-Storey
Area
Richmond Hill
Sub-Area
Oak Ridges
Bedrooms
5 + 1
Bathrooms
5
MLS® Number
N12003877
Listing Brokerage
ROYAL LEPAGE YOUR COMMUNITY REALTY
Postal Code
L4E 2W1
Tax Amount
$13,213.51
Tax Year
2024
