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New · Listed Oct 8, 2026 · 21 days on market

198 King Road, Richmond Hill, ON L4E 2W1

$2,425,000

Commercial · Commercial Retail · 10366 sq ft · For Sale

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.

Property summary

TypeCommercial
SubtypeCommercial Retail
Building area10366 Square Feet
Lot size69.62 × 148.67 ft
Taxes$9,980 / yr
GarageOther
PossessionImmediate
OccupantVacant
Property
Lot size10365.64
Lot width69.62
Lot depth148.67
Lot shapeRectangular
Power & Services
Heating typeBaseboard
UtilitiesAvailable
Residential
GarageOther
Zoning & Taxes
Taxes / yr$9,980
Tax year2026
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Data provided by TRREB. Listed by RIGHT AT HOME REALTY.

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CC Susan — Central Commercial
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