192 King Rd

Richmond Hill | Oak Ridges | L4E 2W1
  • 4 + 3
  • 4
  • 0

$1,899,000

Est. Mtg $6,439 /mo
  • Days on market

    59

  • Status

    New

Listing Broker SOLTANIAN REAL ESTATE INC.
Since listed: 2 views

Home details

MLS #:

N9248181

Property type:
Detached
Style:
Bungalow
Taxes:
$7,295
Possession:
TBD
Lot Front:
69.62   Feet
Lot Depth:
148.67   Feet
Basement:
Finished |
Driveway Pkg:
10
Heat:
Gas | Forced Air

Description


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


Welcome to an expansive 5300 sqft property that offers both comfortable living and excellent rental income potential. This versatile investment property features three separate living spaces of varying sizes, including one, two, and four-bedroom apartments, each with its own fully equipped kitchen and bathroom. The main house boasts 4 bedrooms, including a master suite on the main floor, two full bathrooms, a powder room, a dry sauna, and a jacuzzi. Full open conept kitchen with large island. The lower level features 2 apartments with open concept kitchen. The GC1 zoning allows for a wide range of business uses, such as medical clinics, health centers, professional offices, pet stores, veterinary clinics, day nurseries, art shops, bakeries, and funeral homes. With ample parking for 12 vehicles and just a 5-minute walk to Yonge Street and all amenities, this property is ideally located. Its also only a few steps to the bus station. Can be combined with 3 Hughes St from the backside for additional access. Whether youre looking to live in a spacious home while generating rental income or seeking a lucrative investment property, 192 King Road is a prime opportunity. The property's ample space and zoning flexibility make it perfect for a daycare or any of the other permitted businesses, enhancing its appeal and potential..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2019-02 2019-02 $1,750 $1,600 Lsd N4354232
2020-01 2020-02 $1,750 $1,300 Lsd N4659341
2022-07 2022-10 $2,800,000 $2,200,000 Exp N5698479
2023-01 2023-04 $1,980,000 $1,980,000 Exp N5869521
2024-07 2024-08 $1,399,000 $1,399,000 Ter N9230417
2024-08 2024-08 $1,899,000 $1,899,000 New N9248181
2020-05 $22 $22 N4720640
2023-04 $1,980,000 $1,980,000 N5871696
2020-12 $18 $18 N4805767

Comparables

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sold Date Address List Price sold Price DOM
2021-11 84 Elm Grove Ave, $1,249,000 $1,415,000 6
2021-07 24 Aubrey Ave, $2,399,000 $2,320,000 48
2020-04 97 Fern Valley Cres, $1,728,000 $1,665,000 24

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 192 King Rd

Based on available 3rd party data

$7182

Approximate costs per month

Mortgage
$6439 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$607 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker SOLTANIAN REAL ESTATE INC.
Data Source: TRREB

Payment calculator

$7047 monthly. In association with: TD Bank
%
  • Principal and Interest
    6439 /mo
  • Property Taxes
    $607 /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

Ali Norouzi, Realtor

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