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$1,398,888
Available - For Sale
Listing ID: N12070246
Attention: INVESTMENT OPTIONS WITH HUGE POTENTIAL in Prime Oak Ridges Location! Developers, Investors, Builders! Oak Ridges Local Centre Rezoning Allows for RESIDENTIAL ( Residential Apartment, Additional Residential Unit, Quadruplex, Block Townhouse, Street Townhouse, Live-work Unit, Home Occupation) & Non Residential Uses (Arts and Cultural Facilities, Commercial, Retail and Service, Public Authority, Offices, Social Services) Versatile Zoning Lot with potential to shape future projects. Ideal for a variety of residential and nonresidential uses according to the new Oak Ridges Local Official Plan by-law: mixed-use zoning. Strategically located just steps from King Road in a sought-after area. Bright 3-bedroom bungalow with plenty of rentable living space large 73.5 x 100 ft lot - makes it as Prime investment opportunity! Backed by municipal and provincial guidance for urban infill, great potential for higher density development! This spacious home features hardwood floors throughout, updated eat-in kitchen, sunny family room with walk out, a XL loft + private powder room. Flexible single bungalow room size/layout makes sure your needs will be accommodated, With multiple entrances, it perfect for live/work setup, homebased business or rental income, rent it out while you wait! If you are looking for a smart investment this property is ideal. Don't miss out on this unique opportunity. High demand area undergoing redevelopment with potential for multi units. Close to YONGE ST, KING ST & all amenities & transit. Due diligence & ORLC (Oak Ridges Local Center). Buy now, plan for the future.
Price $1,398,888
Taxes: $5,650.34
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Partial
Address: 4 Hughes Stre , Richmond Hill, L4E 2V9, York
Postal Code: L4E 2V9
Province/State: York
Directions/Cross Streets: Yonge St and King St
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Category: Multi-Use
Use: Other
Building Percentage: T
Total Area: 1,767
Total Area Code:  Square Feet
Retail Area Code: %
Area Influences: Major Highway   Public Transit
Maintenance: 0
Sprinklers: No
Heat Type: Baseboard
Central Air Conditioning: No
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Asking Price: $ Heating: $ /Year  
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HOMELIFE EAGLE REALTY INC.

4 Hughes Stre , Richmond Hill, L4E 2V9, York


 
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Type: Com - Commercial Retail
Area: York
Municipality: Richmond Hill
Neighbourhood: Oak Ridges
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Lot Size: x 100.00(Feet)
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Tax: $5,650.34
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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