For sale 50$2,425,000
198 King Road
Oak Ridges, Richmond Hill, Ontario L4E2W1
For sale· Added
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.
Location
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Property details
Listing
- MLS® number
- N13877428
- Added
- Oct 8, 2026 ()
- Updated
- Oct 10, 2026 ()
- Info refreshed
Overview
- Property type
- Retail
Inside
- Heating
- Baseboard heaters
- Cooling
- None
- Fireplace
- No
Building
- Parking
- Other
Land
- Lot size
- Bldg=69.62 x 148.67 ft
- Zoning
- GC1
Services
- Water
- Municipal water
Location
- Cross streets
- King Road And Yonge Street
- Directions
- King Road And Hughes St.
Running costs
- Annual property tax (2026)
- $9,980
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