181 King Rd

Richmond Hill | Oak Ridges | L4E 2W1
  • 5 + 1
  • 5
  • 0

Ask: $1 $3,988,000

Est. Mtg $13,522 /mo
  • Days on market

    106

  • Status

    Pc

Listing Broker TRI-HOME REAL ESTATE LTD.
Since listed: 3 views

Home details

MLS #:

N9250988

Property type:
Detached
Style:
2-Storey
Taxes:
$13,214
Possession:
tbd
Lot Front:
68.99   Feet
Lot Depth:
406.95   Feet
Basement:
Finished | Walk-Up
Driveway Pkg:
10
Heat:
Gas | Forced Air

Description


181 King Rd, , Richmond Hill, Ontario is a Detached property in Richmond Hill and in the Oak Ridges community in the L4E 2W1 postal code


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..

Extras

all heating and cooling equipment, fridge, stove, dishwasher, all electric light fixtures..


History

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List Date End Date List Price End Price Status MLS #
2022-04 2022-10 $4,688,000 $4,688,000 Exp N5584319
2024-02 2024-03 $4,288,000 $4,288,000 Ter N8054104
2024-03 2024-06 $428,800,000 $4,288,000 Ter N8172530
2024-08 2024-09 $1 $3,988,000 Pc N9250988
2024-06 $4,288,000 $4,288,000 N8172536
2022-10 $4,688,000 $4,688,000 N5586667
2024-03 $4,288,000 $4,288,000 N8054546
2024-09 $1 $3,988,000 N9250847

Comparables

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sold Date Address List Price sold Price DOM
2024-10 16 Drizzel Cres, $1,890,000 $1,968,888 3
2024-09 81 Menotti Dr, $2,199,000 $1,990,000 68
2024-07 42 Puccini Dr, $3,280,000 $3,100,000 6
2024-05 35 Grovepark St, $1,588,000 $1,808,000 8
2024-04 21 Newbridge Ave, $1,999,000 $1,880,000 17
2024-03 107 Bel Canto Cres, $1,989,000 $1,840,000 21
2024-03 17 Wellspring Ave, $1,590,000 $1,580,000 5
2023-12 75 Grand Oak Dr, $1,588,000 $1,730,000 24
2023-10 19 Madison Ave, $2,799,000 $2,600,000 107
2023-09 15 Lupine Cres, $2,880,000 $2,680,000 18
2023-07 114 Fern Valley Cres, $2,389,800 $2,470,000 7
2023-06 44 Augustine Ave, $1,980,000 $1,880,000 21
2023-06 8 Greywacke St, $1,588,000 $1,888,000 9
2023-06 38 Puccini Dr, $3,199,900 $3,045,000 47
2023-04 6 Lorwood Crt, $1,688,000 $1,860,000 10

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity Detached

Sale activity

Richmond Hill :

Properties sold

96

Average sale price

$2,165,047

New Listings

283

Year on Year Growth

-2.83%

Municipality activity All Property Types

Sale activity

Richmond Hill :

Average sale price

$1,550,498

Properties sold

197

New Listings

563

Days on Market

15

Sale $ / List $

105%

Year on Year Growth

-3.68%


Sale Chart - Detached

Richmond Hill Average Price (2 Years):

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Sale Chart - Detached

TRREB Total Average Price (2 Years):

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Estimated running costs for 181 King Rd

Based on available 3rd party data

$14758

Approximate costs per month

Mortgage
$13522 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$1101 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker TRI-HOME REAL ESTATE LTD.
Data Source: TRREB

Payment calculator

$14623 monthly. In association with: TD Bank
%
  • Principal and Interest
    13522 /mo
  • Property Taxes
    $1101 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Gunpreet Kochar, Realtor

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