198 King Road photo 1
198 King Road photo 2
198 King Road photo 3
198 King Road photo 4
198 King Road photo 5
198 King Road photo 6
198 King Road photo 7
198 King Road photo 8
198 King Road photo 9
198 King Road photo 10
198 King Road photo 11
198 King Road photo 12
198 King Road photo 13
198 King Road photo 14
198 King Road photo 15
198 King Road photo 16
198 King Road photo 17
198 King Road photo 18
198 King Road photo 19
198 King Road photo 20
198 King Road photo 21
198 King Road photo 22
198 King Road photo 23
198 King Road photo 24
198 King Road photo 25
198 King Road photo 26
198 King Road photo 27

198 King Road

Oak Ridges / Richmond Hill, ON L4E 2W1

ActiveFor Sale
0 Beds
0 Baths
10,366 Sq Ft
10,366 Lot Sq Ft
Commercial

About This Property

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 Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size10,366 sq ft
Lot Size10,366 sq ft
Bedrooms0
Bathrooms0
Taxes (2026)$9,980
Postal CodeL4E 2W1
Last UpdatedOct 28, 2026 · 1:21 p.m.

Sign in for full listing history and the exact list date.

Buying or selling in Richmond Hill?

Filipe & Isabel Ferreira and the Team Filipe (RE/MAX Ultimate Realty Inc., Brokerage) represent buyers and sellers here. Local guides and live listings below.

Talk to Filipe & Isabel Ferreira →

TRREB MLS® Attribution

MLS® N13877428

Listed by RIGHT AT HOME REALTY

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$2,425,000

asking price

MLS®N13877428
TypeCommercial
CityRichmond Hill
← Back to Search

Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$11,842

/month · $1,940,000 mortgage

Down Payment20% — $485,000
Interest Rate5.5%

Amortization

Total Interest

$1,612,478

Total Cost

$3,552,478

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

Full Mortgage Calculator →

Listed By

RIGHT AT HOME REALTY