186 King Road, Richmond Hill, ON

$1,399,000
MLS#:N9031208
4 beds
2 baths
10.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Oak Ridges. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,399,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Premium 56 x 146.11 ft lot size
  • 10.0 total parking spaces available
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

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 from second floor 2 apartments with 2 bedrooms each with 1000 sqft upstairs. 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.

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Key Features

Bedrooms
4
Bathrooms
2
Kitchens
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 26, 2024
Sold price information is available to members only
Listed Date7/10/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementNone
Lot Size56 × 146.11 Feet
CountyYork
Annual Tax$6,110
Legal DescriptionPT LT 25 PL 202 KING, PT 2 65R17838 ; RICHMOND HILL .

Parking & Garage

Parking Spaces10.0
Garage Spaces10
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Other

Security Features

Community Features

Location

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186 King Road, Richmond Hill, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 186 King Road, Richmond Hill, ON L4E 2W1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$1,119,200
Monthly Mortgage$6,503
Property Tax (Est.)$509
Utilities & Maint.$350
Total Monthly Cost$7,362

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Richmond Hill.

Similar Listings Nearby

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Oak Ridges, Richmond Hill.

Verified Local Data
City Population202,022
City Median Age42.4 Yrs
City Ownership78% Owners
Avg Area List Price$1,501,284

People & Families

Age Distribution

Household Composition

One-person households
18%
Families with children
50%
Couples without children
27%
Other households
5%

Top Ethnic Origins

Chinese30%
Iranian11%
Canadian8%
Italian7%

Local Schools Guide

Elementary Schools

Oak Ridges
Public160 Coon's Road, Oak Ridges, Richmond Hill, Ontario, L4E 2P7
6.1
Kettle Lakes
Public62 Kingshill Road, Richmond Hill, Ontario, L4E 4X5
7.6
Father Frederick McGinn
Public61 Brockdale Street, Richmond Hill, Ontario, L4E 4W2
7.1
Our Lady of Hope
Public80 Red Cardinal Trail, Oak Ridges, Richmond Hill, Ontario, L4E 4B8
7.1
Académie de la Moraine
Public13200, Oak Ridges, Richmond Hill, Ontario, L4E 2T2
4.7

Secondary Schools

Renaissance
Public700 Bloomington Road, Aurora, Ontario, L4G 0E1
8.1
Cardinal Carter
Public210 Bloomington Road, Aurora, Ontario, L4G 3G9
7.6

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied78%
Rented22%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.