186 King Rd

FOR SALE
$1,399,000
Sold
$1,650,000
186 King Rd, Richmond Hill
186 King Rd
186 King Rd
186 King Rd
186 King Rd
186 King Rd
186 King Rd
186 King Rd
186 King Rd
186 King Rd
4
BEDROOMS
2
BATHROOMS
2
KITCHENS
7
ROOMS
N9031208
MLSID
Contact Us
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-07-10 2024-07-26 16 $1,399,000 $1,650,000 Sold
2022-07-15 2022-10-14 91 $2,800,000 - Expired
2019-01-18 2019-02-10 23 $1,550 $1,600 Leased
Property Description
Don't miss this exceptional opportunity! This property, featuring GC1 zoning for both commercial and residential use, is in a prime location. Rental Income is from first floor laundry mat and 2 apartments with 2 bedrooms each with 1000 sqft upstairs ($1215 +$1628 + $6000)$8843 a month! The building is in excellent shape, making it a fantastic investment. Steps from Yonge St and King Rd, it is surrounded by golf clubs, parks, and lakes, and is within walking distance to Yonge St, transit, and all amenities. The property also offers easy access to Hwy 404 and Yonge St, enhancing its convenience and appeal. As an added bonus, the adjacent property at 192 King Rd & 3 Hughes is for sale, providing a unique chance to combine both properties for future development, Mid Rise, day care etc.( buyer should verify with the city) Act now to secure this prime piece of real estate! The current zoning designation allows for a variety of commercial uses, such as professional and medical offices, veterinary clinics, day nurseries, personal service shops, and health centers. This property also offers potential for development.
Extras
Amazing investment opporunity! Zoning allows for both commercial and residential use in this prime location.
Nearby Intersections
Property Details
Street
Community
Property Type
Detached, 2-Storey
Lot Size
56' x 146'
Fronting
North
Taxes
$6,110 (2024)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
10
Driveway
Private
Garage Type
None
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