$1,398,888
Available - For Sale
Listing ID: N12070246
4 Hughes Stre , Richmond Hill, L4E 2V9, York
| 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: | $5650.34 |
| Tax Type: | Annual |
| Assessment Year: | 2024 |
| Occupancy: | 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 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 |
| Category: | Multi-Use |
| Use: | Other |
| Building Percentage: | T |
| Total Area: | 1767.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | % |
| Area Influences: | Major Highway Public Transit |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Baseboard |
| Central Air Conditioning: | No |
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| HOMELIFE EAGLE REALTY INC. |
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|
Wally Islam
Real Estate Broker
Dir:
416-949-2626
Bus:
416-293-8500
Fax:
905-913-8585
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | York |
| Municipality: | Richmond Hill |
| Neighbourhood: | Oak Ridges |
| Tax: | $5,650.34 |
| Fireplace: | N |
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