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MLS® N13877428
Richmond Hill, ON
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.
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Commercial Retail
198 King Road Richmond Hill
Richmond Hill
Type
Commercial Retail
Parking
Other
Property Tax
~$9,980/yr
Heating
Baseboard
Buying Essentials
Square Feet
10366 sqft
Parking
Other
Finances
List Price
$2,425,000
Price per SQFT
$234/sqft
Property Tax
~$9,980/yr
Property Specs
Property Type
Commercial Retail
MLS Size
10366 sqft
Living & Amenities
Heating Type
Baseboard
Policies & Utilities
Neighbourhood
Richmond Hill
Listed On
Oct 6, 2026
Days on Market
Current: 32 days
Room information is not available for this listing.
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