$3,988,000

5 + 1 Bed, 5 Bath, 3,500 ft², 2-Storey home is located near Yonge St & King Rd in Oak Ridges.

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.

181 King Rd, Richmond Hill is a 5 + 1 bedroom, 5 bathroom residential 2-Storey detached home. 181 King Rd, Richmond Hill is conveniently located in the Oak Ridges neighbourhood of Richmond Hill Ontario. 181 King Rd, Richmond Hill is an MLS®-Listed home with an asking price of $3,988,000. This residential property has been listed on ctfrealty.com for 1 days. The home is 31-50 years old. Based on the Listing Price of 181 King Rd, Richmond Hill, the estimated monthly mortgage payment would be $19,270. This Mortgage payment is calculated on a 5 year fixed mortgage with 25 year amortization and an interest rate of 5.39% with a down payment of 20%. The Annual property taxes for 181 King Rd, Richmond Hill are approximately $13,214/year based on 2023 assessment.

This 2-Storey detached home located at 181 King Rd, Richmond Hill features a Brick exterior. The lot size of this South facing property is 68.99 x 406.95 feet. The property has 10 parking spaces with 2 car Detached garage. The home has Gas fueled Forced Air heating. This property features at least 1 fireplace. The living room at ground level has broadloom, french doors, combined w/dining. The dining room at ground level has broadloom, w/o to deck, combined w/living. The kitchen at ground level has ceramic floor, backsplash, breakfast bar. The breakfast room at ground level has ceramic floor, combined w/kitchen, o/looks backyard. The family room at ground level has hardwood floor, fireplace, w/o to deck. The office room at ground level has hardwood floor. The other room at ground level has broadloom. The master bedroom at 2nd level has broadloom, 4 pc ensuite, double closet. The 2nd bedroom at 2nd level has broadloom, b/i closet. The 3rd bedroom at 2nd level has broadloom, b/i closet. The 4th bedroom at 2nd level has broadloom, b/i closet, 4 pc ensuite. The 5th bedroom at 2nd level has broadloom, b/i closet.