198 KING ROAD, Richmond Hill, Ontario
$2,425,000
- 10,366 Square Feet
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. (id:23309)
- Listing ID: N13877428
- Property Type: Retail
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 198 KING ROAD in Richmond Hill Ontario. It was last modified on October 8th, 2026. Contact Joanna Kwan to schedule a viewing or to discover other Richmond Hill real estate for sale.