$ 3.988.000

181 King Road, Richmond Hill

  • Bedrooms: 6
  • Bathrooms: 5
  • Living area: 4600 square feet
  • Type: Residential
  • Added: 101 days ago
  • Updated: 36 days ago
  • Last Checked: 1 hours ago
ATTENTION MULTI GENERATION FAMILIES and BUSINESS OWNERSZoned GC2 Commercial Residential Mixed UseBring your business AND your family. Ideally located in the heart of York Region, this versatile property is designed for those who need both a thriving business environment and a welcoming home for family,and extended family. Plenty of living space, work space, land, and electrical power all in the heart of York Region.Investment Potential Benefit from the areas ongoing development and growth, positioning this property as a prime investment opportunity.Perfectly located steps to Yonge Street and York Region transit lines. Equal distance to Hwy 400 and Hwy 404 for easy direct commutes to and from downtown Toronto.This property includes:Commercial Space -spacious 1400 sqft retail showroom featuring both 110v and 220v electrical to support diverse business needs- fully equipped lower level workshop, 400 Amp ready to handle your most demanding projectsResidential Space- 6 bedrooms, including 2 with private ensuites, ensuring ample privacy and comfort for everyone- 4 full bathrooms plus an additional 2-piece bath in basement, complete with shower rough-in for future expansion- separate entrance from walk-up basement offers tremendous potential for an extra unit or extended family accommodations- 2 oversized car garage- extra heated workshop attached to garage for even more work space or storageThe original owners are looking to retire and are seeking a 6-12 month rent-back lease agreement, ensuring immediate rental income upon closing.Dont miss this opportunity to own a versatile property that can accommodate all your personal and professional needs.
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Property DetailsKey information about 181 King Road

  • Cooling: Central air conditioning
  • Heating: Forced air, Natural gas
  • Stories: 2
  • Structure Type: House
  • Exterior Features: Brick
  • Foundation Details: Block

Interior FeaturesDiscover the interior design and amenities

  • Basement: Finished, Walk-up, N/A
  • Flooring: Hardwood, Carpeted, Ceramic
  • Bedrooms Total: 6
  • Bathrooms Partial: 1

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 181 King Road

  • Lot Features: Sump Pump
  • Water Source: Municipal water
  • Parking Total: 12
  • Parking Features: Detached Garage
  • Lot Size Dimensions: 69 x 407 FT

Location & CommunityUnderstand the neighborhood and community

  • Directions: Yonge St & King Rd
  • Common Interest: Freehold

Utilities & SystemsReview utilities and system installations

  • Sewer: Sanitary sewer
  • Utilities: Sewer, Cable

Tax & Legal InformationGet tax and legal details applicable to 181 King Road

  • Tax Year: 2023
  • Tax Annual Amount: 13213.51
  • Zoning Description: 67% residential and 33% Commercial
Room Dimensions
Type Level Dimensions
Living room Ground level 5.33 x 3.81
Bedroom 4 Second level 5.03 x 3.36
Bedroom 5 Second level 3.05 x 3.05
Dining room Ground level 4.58 x 3.51
Kitchen Ground level 3.36 x 3.05
Eating area Ground level 3.05 x 2.6
Family room Ground level 5.64 x 3.26
Office Ground level 4.12 x 3.36
Other Ground level 12.6 x 9.76
Primary Bedroom Second level 4.73 x 3.66
Bedroom 2 Second level 3.36 x 3.05
Bedroom 3 Second level 3.36 x 3.05
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Nearby Listings Stat

Active listings
19
Min Price
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Max Price
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Avg Price
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Max Sold Price
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Avg Sold Price
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Days until Sold
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Additional Information about 181 King Road

This House at 181 King Road Richmond Hill, ON with MLS Number n9250988 which includes 6 beds, 5 baths and approximately 4600 sq.ft. of living area listed on Richmond Hill market by BENY SPENSIERI - TRI-HOME REAL ESTATE LTD. at $3,988,000 101 days ago.

We have found 6 Houses that closely match the specifications of the property located at 181 King Road with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 2,499,888 and 4,890,000.

The current price of the property is $3,988,000, and the mortgage rate being used for the calculation is 4.44%, which is a rate offered by Ratehub.ca. Assuming a mortgage with a 17% down payment, the total amount borrowed would be $3,310,040. This would result in a monthly mortgage payment of $18,649 over a 25-year amortization period.

More Details?
  • BENY SPENSIERI
  • TRI-HOME REAL ESTATE LTD.
  • 416-709-9235

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