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$2,425,000

Map

198 King Road

Oak Ridges, Richmond Hill, Ontario L4E2W1

For sale· Added

10,366 sqft

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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$2,425,000
198 King Road
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