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$3,899,900Asking Price

181 King Road, Richmond Hill, ON L4E 2W1

Oak Ridges, Richmond Hill

Detached
5 + 1
Bedrooms
5
Baths
10
Parking
Days on Market

Incredible opportunity for multi-generation families and business owners alike. We have a versatile property located in the heart of York Region that is zoned GC2 Commercial Residential Mixed Use. This means you can bring both your business and your family to one prime location. The property is ideally situated with plenty of living space, work space, land, and electrical power, all in the heart of York Region. It benefits from the area's ongoing development and growth, making it a prime investment opportunity. Plus, it's perfectly located just steps from Yonge Street and York Region transit lines, with equal distance to Hwy 400 and Hwy 404 for easy commutes to and from downtown Toronto. The property includes a spacious 1400 sqft retail showroom featuring both 110v and 220v electrical to support diverse business needs, as well as a fully equipped lower level workshop with 400 Amp ready to handle your most demanding projects. On the residential side, the property offers 6 bedrooms, including 2 with private ensuites, ensuring ample privacy and comfort for everyone. There are 4 full bathrooms plus an additional 2-piece bath in the basement, complete with a shower rough-in for future expansion. The separate entrance from the walk-up basement offers tremendous potential for an extra unit or extended family accommodations. Additionally, there is a 2 oversized car garage and an extra heated workshop attached to the garage for even more workspace or storage. Don't miss this opportunity to own a versatile property that can accommodate all your personal and professional needs.

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Tour this home:

Incredible opportunity for multi-generation families and business owners alike. We have a versatile property located in the heart of York Region that is zoned GC2 Commercial Residential Mixed Use. This means you can bring both your business and your family to one prime location. The property is ideally situated with plenty of living space, work space, land, and electrical power, all in the heart of York Region. It benefits from the area's ongoing development and growth, making it a prime investment opportunity. Plus, it's perfectly located just steps from Yonge Street and York Region transit lines, with equal distance to Hwy 400 and Hwy 404 for easy commutes to and from downtown Toronto. The property includes a spacious 1400 sqft retail showroom featuring both 110v and 220v electrical to support diverse business needs, as well as a fully equipped lower level workshop with 400 Amp ready to handle your most demanding projects. On the residential side, the property offers 6 bedrooms, including 2 with private ensuites, ensuring ample privacy and comfort for everyone. There are 4 full bathrooms plus an additional 2-piece bath in the basement, complete with a shower rough-in for future expansion. The separate entrance from the walk-up basement offers tremendous potential for an extra unit or extended family accommodations. Additionally, there is a 2 oversized car garage and an extra heated workshop attached to the garage for even more workspace or storage. Don't miss this opportunity to own a versatile property that can accommodate all your personal and professional needs.

Key Info

  • 2-Storey Detached
  • 10-Car Driveway
  • 10-Car Attached Garage
  • Yonge & King Road
  • Less than 700 Square Feet
  • Finished Basement
  • 1 Kitchen
  • Forced Air Gas Heating
  • Central Air

Property

  • Lot Size 68.99 x 406.95 Feet
  • Brick Exterior
  • Taxes were $13,213 in 2024
  • Possession: TBA

Details

  • Fireplace
  • Family Room
  • Designation: Other
  • Sewers
  • Municipal Water
  •  
  • MLS #N12003877
  • ROYAL LEPAGE YOUR COMMUNITY REALTY

Extras

Room Floor Dimensions Details
1 Kitchen Ground 11.02' x 10.01' Ceramic Floor, Backsplash, Breakfast Bar
2 Breakfast Ground 10.01' x 8.53' Ceramic Floor, Combined with Kitchen, Overlooks Backyard
3 Office Ground 13.52' x 11.02' Hardwood Floor
4 Other Ground 41.34' x 32.02' Broadloom
Washroom1 3-Piece Bathroom on Main Floor
Washroom1 4-Piece Bathroom
Washroom1 4-Piece Bathroom
Washroom1 4-Piece Bathroom
Washroom1 2-Piece Bathroom

Who lives here?

Oak Ridges, Richmond Hill is a north GTA neighbourhood notable for its executives, business and education, law & public sector professionals, salespeople and tradespeople. It has a higher than average population of Italian and Russian speakers. Residents tend to be younger with a significant number of babies, kids aged 5 to 14, youth aged 15 to 19 and adults aged 35 to 54.

Families

Kids Per Family

1.5

kids per family
in the neighbourhood.

Richmond Hill  (1.3)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

34% of residents are
single and loving it.

34% singles

Richmond Hill (39%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

6% of residents
are renters.

6% renters

Richmond Hill (19%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

48% of residents are
university grads.

48% university grads

Richmond Hill (54%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$158K

is the average household
income in the neighbourhood.

Richmond Hill  ($137K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 14%
Business 14%
Management 11%
Sciences 9%
Trades 8%

Immigrants

43% of residents were
born outside of Canada.

43% immigrants

Richmond Hill (59%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

Iran was once home to 6.6% of immigrants.
China 5.0%
India 2.4%
Italy 2.0%
Russia 1.9%

6.6% from Iran
All-time

Birthplace - Recent

China was once home to 2.3% of immigrants.
Iran 1.2%
India 0.6%
Ukraine 0.4%
Pakistan 0.3%

2.3% from China
Recent

Foreign Languages

Foreign Languages

Persian 9%
Russian 7%
Mandarin 6%
Italian 5%
Cantonese 4%

Religions

Religions

Christian 59%
Jewish 8%
Muslim 8%
Hindu 3%
Buddhist 1%