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181 KING ROAD, Richmond Hill, Ontario, L4E 2W1

MLS® # N9250847
Commercial For Sale In Oak Ridges, Richmond Hill, Ontario
$3,988,000
181 King Road, Richmond Hill, ON
181 King Road, Richmond Hill, ON
181 King Road, Richmond Hill, ON
181 King Road, Richmond Hill, ON
181 King Road, Richmond Hill, ON
181 King Road, Richmond Hill, ON
181 King Road, Richmond Hill, ON
181 King Road, Richmond Hill, ON
181 King Road, Richmond Hill, ON
181 King Road, Richmond Hill, ON
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ACTIVE
181 KING ROAD, Richmond Hill, Ontario, L4E 2W1
$3,988,000

Property Information:

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. All electric light fixtures andf window covering. (id:27)

Building Features:

  • Style: Retail
  • Air Conditioning: Yes
  • Heating Type: Other
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Retail
  • Farm Type: Other
  • Irregular: Yes
  • Lot Depth: 406.9 Feet
  • Lot Frontage: 68.9 Feet
  • Lot Size: Bldg=68.99 x 406.95 FT
  • Zoning: Residential/commercial

Courtesy of: TRI-HOME REAL ESTATE LTD.

REALTOR.ca  

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Location of 181 KING ROAD, Richmond Hill, Ontario, L4E 2W1

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

31 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate

31 hot days expected in 2050

46/100

Moderate

ClimateCheck®

Current data

This property, 181 KING ROAD , experiences 7 hot days per year at around 31.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 34.6 degrees Celsius.

Projected Avg. Temperature

Past
31.1℃
2050
34.6℃

# Hot Days Per Year

Past
7
2050
31

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

13 storms expected in 2050

55/100

Moderate

ClimateCheck®

Current data

This property, 181 KING ROAD , experiences 11 significant 2-day storms per year, with about 293.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 363.8mm of precipitation per year.

Precipitation Per Storm

Past
293.1mm
2050
363.8mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 181 KING ROAD, Richmond Hill, Ontario, L4E 2W1

Life Stage

Older Parents, Younger Kids

Employment Type

Mixed

Average Household Income

$151,780.78

Average Number of Children

1.79

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.64 %

High school certificate or equivalent

24.75 %

Apprenticeship trade certificate/diploma

5.24 %

College/non-university certificate

15.53 %

University certificate (below bachelor)

3.35 %

University Degree

38.48 %

Commuter

Travel To Work

By Car

91.24 %

By Public Transit

5.4 %

By Walking

1.3 %

By Bicycle

0.0 %

By Other Methods

2.06 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

1.19 %

Houses

98.81 %

Own Vs. Rent